Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.…
BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.…
Doximity’s stock skyrockets 50% on medical AI excitement. Can the rally last?
While one analyst thinks Doximity has a compelling AI opportunity, another worries that the company could cannibalize its core business of medical networking.…
How a five-second trick let traders drain millions from Polymarket
After months of public warnings from onchain analysts, the prediction market is moving to timeweighted prices to make artificial price pushes too costly.…
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.…
Kevin O’Leary, aka ‘Mr. Wonderful,’ on crypto, winning in AI and 3 things all business owners must know
What Kevin O’Leary learned from Steve Jobs: You only need to get three things done every day. Just three. Source：MarketWatch
Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets. Source：CoinDesk
JPYC raises $38 million Series B led by major Japanese logistics firm AZ-COM Maruwa
The investment brings the company’s total raised to $106 million across seven funding rounds since November 2021. Source：CoinDesk
Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong. Source：CoinDesk
U.S. economy keeps up the momentum, but rising costs put a cap on new hiring
The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of business and…
Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
Laser’s investment in ZIGChain is understood to be in the high singledigit millions. Source：CoinDesk
Ondo Finance hires former Blockchain.com CFO Adam Schlisman
The tokenizedassets firm appointed exBlockchain.com and Monashee executive as finance chief as it expands its onchain capital markets business. Source：CoinDesk