BitGo Holdings, one of the crypto industry’s most prominent custody and infrastructure firms, has reduced its workforce by nearly 15% as the company restructures around stablecoins, settlement, trading, security, and AI-powered infrastructure. The announcement, made by CEO and co-founder Mike Belshe on June 25, was simultaneously filed with the U.S. Securities and Exchange Commission via
Stani Kulechov, founder of Aave — the largest decentralized lending protocol on Ethereum — has publicly dismissed reports that Aave Labs is in talks to sell a significant AAVE token allocation to Kraken’s parent company Payward at a steep discount to market value. While stopping short of denying that strategic partnership discussions are underway, Kulechov
The prediction market giant is in talks to close a fresh raise as early as Q3 2026, as trading volume soars, crypto derivatives expand, and a Supreme Court battle over federal versus state jurisdiction looms Prediction market platform Kalshi is in advanced discussions to raise fresh capital at a valuation of approximately $40 billion, according
Ripple has officially launched its dollar-backed stablecoin Ripple USD (RLUSD) in Japan, marking a significant milestone for both the company and the country’s evolving digital asset landscape. The rollout, conducted in partnership with SBI Holdings and its subsidiary SBI VC Trade, makes RLUSD the first foreign-issued stablecoin to receive regulatory approval under Japan’s updated payment
Aave (AAVE) staged one of the week’s most dramatic counter-trend moves on June 25, climbing more than 15% in 24 hours to trade around $82.77, bucking a broad crypto selloff that dragged Bitcoin (BTC) below $60,000 for the third time in June. The divergence highlighted a growing split between DeFi protocols with recovering fundamentals and
Five former senior researchers from the Ethereum Foundation have launched Ethlabs, an independent non-profit R&D organization dedicated to advancing Ethereum’s technical capabilities for the mass adoption phase. Ethlabs launched on June 22nd with backing from BitMine, SharpLink, and Ethereum co-founder Joe Lubin. The emergence of Ethlabs comes during the same week the Ethereum Foundation announced
Project Pangea brings together Korean and European banking coalitions to tackle the $9.6 trillion-a-day foreign exchange market’s persistent settlement delays using onchain infrastructure. Chainlink has launched Project Pangea, a cross-border foreign exchange settlement initiative involving more than 50 financial institutions representing over $10 trillion in assets under management. The project aims to replace the industry’s
Cardano has crossed one of the most consequential technical thresholds in its history. On June 23, the network launched the public testnet for its Leios scaling protocol — a milestone described as the most significant the chain has reached in years. The testnet carries the name Musashi Dojo, a nod to the 16th-century samurai philosopher
Financial markets are entering a faster and more data-driven phase. Traders today are no longer dealing only with charts, price alerts, and occasional news updates. They are operating in an environment shaped by real-time data, global market reactions, economic reports, social sentiment, and 24-hour digital asset trading. This shift has created growing interest in AI
Morgan Stanley has moved to claim the lowest fee position in two crypto ETF categories simultaneously, filing second-amended S-1 registration statements with the U.S. Securities and Exchange Commission for spot Ethereum and Solana funds that each carry a 0.14% annual sponsor fee. The filings, submitted on June 18, 2026, set 0.14% sponsor fees on the