Latest updates, press releases, and insights from the volatile world of digital assets.
BitGo Holdings announced a workforce reduction of nearly 15% as the company redirects resources toward security, trading, stablecoins, settlement, and AI-powered infrastructure. CEO Mike Belshe described the move as a one-time restructuring
Circle and Nomura plan to launch a USDC-based service for Japanese firms by 2027, enabling faster yen-to-dollar stablecoin conversions for cross-border payments and foreign exchange settlements
SharpLink, a major corporate Ethereum treasury holder, has added 5,000 ETH in its first purchase since October 2025, according to on-chain records. The move comes as ETH trades near 2026 lows amid broader market pressure
Kraken, through its parent company Payward, is negotiating a strategic investment in the leading DeFi lending protocol Aave, marking a notable step in bridging centralized and decentralized finance sectors amid ongoing market recovery efforts
Story Protocol has shifted its focus from broad intellectual property licensing to creating verifiable systems for AI training data, launching the DATA Foundation with new tools and partnerships to address provenance and compliance challenges
A CoinShares survey shows that 52% of UK wealth advisors report most client crypto assets remain outside their oversight, driven primarily by firm policies rather than lack of demand or knowledge
Kraken has partnered with Maple to introduce a structured onchain financing facility that supports institutional lending backed by Bitcoin and Ethereum, bringing traditional warehouse credit models to blockchain-based operations
Coinbase's Ethereum layer-2 network Base experienced a significant disruption that halted block production for nearly two hours before resuming operations. The incident, linked to an invalid block, occurred just ahead of a planned network upgrade
Binance has withdrawn its MiCA license bid in Greece and will pursue approval elsewhere, triggering service restrictions for EU users starting July 1 as the regulatory deadline arrives. The exchange maintains it is not leaving Europe and user funds remain secure
Abracadabra has raised borrowing rates across its lending markets and paused liquidity incentives after its stablecoin Magic Internet Money (MIM) fell to around $0.50, well below its $1 peg, in response to renewed liquidity pressures
