BitGo Places $50M Bet on Its Shares Through Buyback Program
Key Highlights BitGo’s board approved a share repurchase program of up to $50 million in common stock. The buyback could cover nearly 8% of the company’s outstanding Class A shares…
CFTC Approves Novig as Sports Prediction Market Boom Accelerates
Key Highlights Novig gets CFTC approval (DCM), allowing it to run a federally regulated sports prediction exchange across all 50 U.S. states. Sports prediction markets are booming, with Kalshi hitting…
Coinbase CEO Unveils Its Biggest Overhaul With AI and Tokenized Stocks
Show AI Summary Coinbase’s expansion into AI-powered tools and tokenized stocks may significantly alter the financial landscape in coming years. The introduction of tokenized U.S. stocks could increase global access…
FBI Explains How a Fake Crypto Investment Ends With a Cash Pickup
Show AI Summary The FBI warns that cryptocurrency scams are shifting offline, using in-person cash pickups to evade detection and continue exploiting victims. Scammers are adapting tactics to bypass bank…
Millions Lost: Tennessee Crypto Operator Faces Federal Charges
Show AI Summary Prosecutors allege the scheme operated through Star Credit Holdings from 2020 to 2024, using false promises and fabricated statements. Investor funds were reportedly used to make payments…
Binance Cancels SPCXx IPO Campaign, Announces Refunds + Airdrop
Key Highlights Binance has officially canceled its SPCXx IPO campaign, citing circumstances beyond its control. All USDC locked by participants will be fully refunded to their Binance wallets through the…
Elon Musk’s SpaceX Rallies 20% in Blockbuster Nasdaq debut
Key Highlights SpaceX shares opened at $150 on Nasdaq under the ticker SPCX, above the $135 IPO price. The company raised $75 billion by selling 555.6 million shares, making it…
Exodus Bets on Tokenized Stocks With New Ondo Partnership
Show AI Summary Exodus expands into tokenized equities through a partnership with Ondo Finance, marking a significant shift in the crypto industry towards traditional finance integration. The launch of Exodus…
Zimbabwe Mandates Annual Registration for Crypto Firms
Key Highlights Zimbabwe has introduced mandatory annual registration and licensing requirements for cryptocurrency and virtual asset businesses. All firms involved in buying, selling, transferring, or safeguarding digital assets must register…
Humanity Protocol $36M Hack: Phishing Email, DPRK Links Revealed
Key Highlights Humanity Protocol published Quantstamp’s investigation into the June 8 exploit that drained and minted unauthorized $H tokens. The attacker allegedly gained access through a phishing email impersonating South…