Frozen $71M in Terror Case—Judge Just Let DAO Vote Anyway
A Manhattan judge just gave DAOs legal permission to govern, even when the assets they're voting on are frozen in a terrorism lawsuit.
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A Manhattan judge just gave DAOs legal permission to govern, even when the assets they're voting on are frozen in a terrorism lawsuit.
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The gap between owning crypto and using it like a real financial instrument just got narrower for institutions that have been watching from the sidelines.
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Prediction markets just got their first unicorn-times-twenty moment, and the old guard is scrambling to catch up. Kalshi closed a funding round at a $22 billion valuation, making it one of the most valuable private fintech companies in the US
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The world's most aggressive corporate Bitcoin buyer just admitted he might sell some, and the market yawned. Strategy's Michael Saylor revealed in a CoinDesk interview plans to potentially sell 0.2% of holdings while buying 5-10x more, calling any sale concerns "a big nothing burger"
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The stablecoin king just built its own highway and charged everyone else for an on-ramp. Circle launched Arc, a new blockchain valued at $3B, backed by a $222M token presale that positions USDC's issuer as infrastructure owner, not just tenant.
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The door to Silicon Valley's most coveted private companies just opened to anyone with $100 and a crypto wallet. Injective has launched tokenized pre-IPO equity access to OpenAI, SpaceX, and Anthropic, with Bitget offering similar products on Solana starting at $100 minimum investment.
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The AI company building the models that might replace knowledge work just told speculators they don't own what they think they own.
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Wall Street just gave perpetuals trading a ticker symbol. 21Shares launched THYP, the first Hyperliquid ETF, on Nasdaq May 12, giving traditional investors exposure to HYPE without touching crypto wallets.
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The company building one of the world's most sophisticated AI systems just reminded everyone that code isn't law when lawyers have something to say about it.
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JPMorgan just filed for its second tokenized fund in a week when BlackRock beat them to the headline. JPMorgan filed to launch JLTXX, a new tokenized Treasury-backed money market fund on Ethereum, using its Kinexys platform for token balance management
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Wall Street's two largest asset managers just filed to tokenize money market funds on the same week—not as experiments, but as competing products aimed directly at the $200 billion stablecoin economy they spent years dismissing.
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When nation-states start printing money to win the AI race, the hardest money on earth becomes the obvious escape hatch. Arthur Hayes predicts Bitcoin could surge past $126K as governments flood markets with liquidity to fund AI infrastructure and compete for technological supremacy
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A tiny Himalayan kingdom is unwinding its Bitcoin position at $50 million a month, and nobody's asking why now. Bhutan moved another 100 BTC worth approximately $8.1 million in its latest transaction, according to Arkham Intelligence data
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The company building one of the world's most valuable AI models just told crypto traders their tokens are worthless. Anthropic updated its terms of service to explicitly void any third-party sale or transfer of its private equity shares
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While Brussels writes rules for digital assets, Warsaw is writing rules *and* a ban bill at the same time. Polish lawmakers are debating four separate cryptocurrency bills, including one from the opposition PiS party that would ban crypto activity nationwide.
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The Sky Ecosystem just wrote a $13.5 million check to prove that stablecoin yield isn't just for crypto natives anymore. Osero raised $13.5 million in a round led by Sky Ecosystem, with the startup incubated by Stablewatch
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The $1.6 trillion asset manager that beat BlackRock to onchain funds just picked the exchange that survived FTX as its distribution partner.
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When Deutsche Bank and Nasdaq cut checks to a blockchain surveillance company, they're not betting on crypto — they're betting on being the gatekeepers. Elliptic raised $120 million in Series D funding at a $670 million valuation, with Deutsche Bank, Nasdaq Ventures, and JPMorgan backing the round.
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When a crypto wallet company sells 63% of its Bitcoin to fund acquisitions while losing users, you're watching the difference between balance sheet optimism and product reality.
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The world's largest asset manager just proved BUIDL wasn't a test run. BlackRock filed with the SEC to tokenize a $6.1B Treasury fund, selecting Securitize infrastructure for the second time after BUIDL crossed $2.3B.
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