Market Stories

Orca and Loopscale Merge Into Formation, Eye U.S. Regulation

Solana DEX Orca and lending platform Loopscale are merging to form Formation,…

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Wells Fargo in Talks with Kraken Parent to Source Crypto Liquidity

Wells Fargo is negotiating with Payward, Kraken's parent company, to supply liquidity…

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OKX Closes $25B Round from Circle, Ripple, and Standard Chartered

Crypto exchange OKX secures new funding at a $25 billion valuation from…

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FinCEN Withdraws Unhosted Wallet and Mixer Rules Under Trump Agenda

FinCEN pulls two proposed rules targeting unhosted wallets and crypto mixers, citing…

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Paradigm-Backed Blast Shuts Down After $2B in TVL Evaporates

Ethereum layer-2 Blast is shutting down after operating costs exceeded revenue and…

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Evernorth Takes 473M XRP Public as SPAC Merger Clears Final Vote

Ripple-backed Evernorth begins trading October 8 with 473 million XRP tokens after…

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Morgan Stanley Launches Digital Asset Lab to Test Stablecoins and DeFi

Morgan Stanley has established a digital asset lab to test stablecoins, tokenized…

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Citi Partners with Coinbase to Build Stablecoin Payment Rails for Corporates

Citigroup and Coinbase announced a partnership allowing corporate clients to move between…

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SEC Staff Guidance Says Token Buybacks Don’t Trigger Securities Law, If Network Works

SEC staff guidance released Sept. 27 states token buybacks on functional networks…

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Kalshi Loses 6th Circuit Appeal on Sports Contracts, Circuit Split Deepens

The 6th Circuit sided with Ohio and Tennessee, ruling Kalshi failed to…

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