Finance and Business News

New York City’s plans to become a global crypto hub may face new uncertainty after Eric Adams announced that he will not seek a second term.

Swift is teaming up with Ethereum developer Consensys to create a blockchain platform aimed at real-time international settlements. 

ARK Invest CEO Cathie Wood has drawn attention to Hyperliquid, comparing the decentralized exchange (DEX) to Solana in its early days.

Kraken, one of the United States’ leading cryptocurrency exchanges, has raised $500 million in funding, giving it a $15 billion valuation

TeraWulf is preparing a major funding round to expand its data center operations, with Google stepping in as a key financial supporter.

Australia's new draft legislation places crypto exchanges under the same regulatory framework as traditional financial service providers. 

Naver is preparing a major push into digital finance with plans for its fintech arm, Naver Financial, to acquire Upbit. 

The duo is to block crypto legislation unless federal agencies investigate potential conflicts of interest of two White House officials.

Wall Street may soon see a fresh wave of cryptocurrency investment products as GSR moves to launch five new ETFs. 

The global population of crypto millionaires has soared 40% in the past year, reaching 241,700 by the end of June 2025.

CFTC is exploring a proposal that allows tokenized assets, including popular stablecoins, to be used as collateral in derivatives markets.

CleanSpark saw its stock climb about 5% in after-hours trading Monday after announcing a $100 million financing deal with Coinbase Prime.

U.S. lawmakers are urging SEC to fast-track new rules that would allow millions of Americans to include crypto in their retirement savings.

Global investment products linked to crypto drew $1.9 billion in inflows for the second straight week, according to new data from CoinShares

Binance co-founder's Giggle Academy raised over $1 million in less than 12 hours, powered by a surprising source: a viral memecoin. 

OKX quietly built a decentralized perpetuals trading platform but decided not to launch it over regulatory concerns.

BitGo, a leading crypto custodian, is making bold moves to enter the U.S. public markets like Gemini and Bullish exchange

Michigan lawmakers are moving closer to allowing the state to hold cryptocurrency as part of its financial strategy.