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Cardano holders are being asked to bet $5 million on copper hitting a new record
Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back.
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Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100
Bitcoin and gold pared early losses as the yen gave up gains and Asian stocks rebounded, though oil near $100 keeps inflation risks in focus.
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Senate’s top Democratic investigator looking into Tether payments to Bo Hines’ firm
Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, added a probe of the ex-White House crypto adviser to his list of crypto interests.
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A16z is the latest VC giant to widen bets beyond crypto and into AI and emerging tech
The venture investor behind early bets on Coinbase, Solana and Uniswap said is broadening its focus, joining other crypto investment firms looking beyond blockchain to artificial intelligence and tech themes.
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Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower
Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action.
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Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another U.S. bank.
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Crypto custody specialist Fireblocks denies it’s in talks to be acquired by Visa
The company is in talks with Visa over a potential $2.5 billion acquisition, Axios reported.
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Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence
Boosters often say crypto voters can swing elections, but Democrats are seeking mileage out of tying crypto to Trump, corruption and attempts to buy seats in Congress.
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Ethereum’s four-minute settlement plan could lower the cost of moving crypto
A new draft targets a fourfold cut in the time it takes Ethereum transactions to become final, which could free up money transfer services tie up while customers’ payments clear.
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