Everything web3, crypto, defi, degen
In brief Securitize is eyeing a Nasdaq debut through an SPAC deal. The proposed merger would value Securitize at $1.25 billion. The firm is behind BlackRock’s $2.8 billion BUIDL fund. Securitize plans to go public by combining with Cantor Equity Partners II, in an SPAC deal valuing the BlackRock-backed tokenization firm at $1.25 billion, according…
In brief Coinbase offers Bitcoin-backed loans as a technology provider. The exchange’s competitors have state-by-state licenses. Coinbase applied for a national trust charter this month. As Coinbase leans into its Bitcoin-backed lending product, the exchange is offering customers competitive rates by connecting them with lightly vetted pools of capital, which don’t require people to provide…
In brief Crypto exchange Gate is adopting an “All in Web3” strategy to position itself as a “full Web3 operating system,” CEO Dr. Han told Decrypt. The platform has launched a suite of products designed to form a “cohesive, secure, and high-performance Web3 stack.” Gate has added a Perp DEX, tokenized stocks, on-chain token launchpad…
In brief American Bitcoin has acquired 1,414 Bitcoin, the company said Monday. Bitcoin was trading above $115,500, its highest level in two weeks. More than 200 companies have built Bitcoin treasuries. American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has added 1,414 Bitcoin currently…
In brief Senators Elizabeth Warren and Adam Schiff plan to introduce a resolution condemning President Trump’s pardon of Binance founder Changpeng “CZ” Zhao. The pardon has angered Democrats, given Zhao’s past guilty plea for failing to prevent money laundering on Binance and his business ties to the Trump family’s crypto firm, World Liberty Financial. Though…
In brief IBM is launching a platform called Digital Asset Haven with support from crypto infrastructure firm Dfns. The platform will help governments and institutions engage with blockchain in what it says is a simple, secure platform. Shares of IBM are up modestly amid the news. Global computing firm IBM is making a fresh play…
In brief Strategy purchased $43 million worth of Bitcoin. The purchase was funded through a combination of preferred shares. Citi analysts last week said Strategy shares could hit $485. Strategy spent $43 million on 390 Bitcoin last week, the company said in a press release on Monday, its largest purchase of the asset in nearly…
In brief Defunct crypto exchange Mt. Gox has pushed its repayment deadline back to October 31, 2026, per a court notice. Around 19,500 creditors have been repaid so far, while many remain pending. Early repayment news sparked selloffs, but later delays drew little reaction, showing greater market resilience. Mt. Gox’s court-appointed rehabilitation trustee has postponed…
In brief Ant Group has filed to register the “ANTCOIN” trademark in Hong Kong, covering digital wallets, online payments, and stablecoin services. The filing follows the group’s recent crypto and blockchain initiatives, including USDC payment pilots and energy asset tokenization. Observers say the move is being done to “protect” the group’s interest and manage risk…
In brief Experts warn insider trading in sports gambling could surge as betting on games shifts to CFTC-regulated prediction markets. The CFTC, which regulates sports and other prediction markets, has little experience in monitoring sports betting, and limited capacity to do so given its staff size, the experts said. Supporters say on-chain transparency helps prediction…
