Finance

Solana Foundation president Lily Liu said growing adoption of stablecoins by major corporations is validating blockchain’s evolution into global financial infrastructure, while also laying the groundwork for AI-driven “machine economies.” Speaking at Consensus Miami 2026 on Tuesday, Liu pointed to recent announcements involving Meta and Western Union integrating stablecoin payments on Solana as evidence that … Read more

Lawyers seeking to seize $71 million in frozen ether for victims of North Korean terrorism changed their legal strategy Tuesday, arguing in a new court filing that the April 18 rsETH exploit was not theft but fraud, directly countering Aave’s attempt to void a restraining notice blocking the release of the assets. In a 30-page … Read more

Bullish has agreed to acquire global transfer agent Equiniti in a $4.2 billion transaction that aims to fuse traditional market infrastructure with blockchain-based systems, marking one of the largest deals tied to tokenized securities. The agreement combines Bullish’s digital asset platform with Equiniti’s role as a core record-keeper for public companies. Equiniti services nearly 3,000 … Read more

Bitcoin price broke above $81,000 during Asian trading hours and early U.S. hours today, its highest price since late January and the latest sign that the market has moved past a brutal first-quarter stretch that bottomed near $60,000.  The move came on the back of several forces hitting at once: a flood of institutional money … Read more

K Wave Media is abandoning its high‑profile bitcoin treasury plan and recasting itself as an AI infrastructure company, backed by a potential war chest of up to $485 million and a cleaner balance sheet.  The Nasdaq‑listed firm intends to shed its legacy media operations, erase roughly $48 million of debt and pursue a rebrand as … Read more

Paris-based Sequans Communications sold 1,025 bitcoin during the first quarter of 2026, cutting its digital asset reserves nearly in half as the IoT semiconductor maker grappled with declining revenue and mounting losses tied to a treasury strategy that has turned from ambitious to burdensome. The sale reduced Sequans’ bitcoin position from 2,139 BTC at year-end … Read more

Kraken will allow customers to convert cryptocurrency into cash at MoneyGram locations across more than 100 countries, addressing a longstanding gap in the digital asset ecosystem, according to an exclusive report from Fortune. The partnership gives Kraken users access to nearly 500,000 physical locations worldwide, where they can exchange crypto holdings for local currency. The … Read more

Coinbase announced a 14% reduction in its workforce on Tuesday, a decision CEO Brian Armstrong described as preparation for what he called a “new way of working” built on artificial intelligence—not a defensive reaction to market conditions. In a company-wide email, Armstrong cited two forces behind the move: the persistence of crypto market cycles and … Read more

Leading decentralized lending platform Aave has asked a U.S. federal court to block an attempt by victims of North Korean terrorism to seize about $71 million in crypto frozen after last month’s rsETH-related exploit, escalating a dispute that has already split Arbitrum’s governance. The filing, submitted Monday in the Southern District of New York, seeks … Read more

XRP slipped back under $1.40 after a high-volume break earlier in the session, but the lack of follow-through lower keeps price pinned in a tightening range where moves tend to build pressure rather than resolve it immediately. News Background • Broader crypto sentiment remained mixed, leaving XRP trading largely on technical structure rather than fresh … Read more