Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’
Despite already serving a 12year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities…
Wall Street wants to turn sports betting into ETFs. Critics call it dangerous ‘nonsense.’
The convergence of investing, trading and sports betting may be getting a major shot in the arm — or shot on goal — starting with 32 new exchangetraded funds.…
Kraken adds U.S. stocks in Europe as TradFi-crypto divide blurs
The exchange said it is the first crypto company to offer European customers both traditional U.S. equities and tokenized versions of those assets on a single…
Bitcoin miners’ AI pivot pays off, but mining could revive with one twist
Miners with AI and highperformance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pureplay operators.…
Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal
The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million. Source:CoinDesk
‘Too many people go bankrupt’: Should Medicare provide catastrophic coverage?
“Such a system would help ensure that no one is financially devastated by a serious illness or injury.” Source:MarketWatch
HashKey taps Hong Kong's first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKDpegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab…
I used a human travel agent instead of AI — and cut $2,000 off the price of my European vacation
Plus: Take our investing survey Source:MarketWatch
Citi plans to launch bitcoin custody for institutional clients later this year
The Wall Street bank plans to let clients hold bitcoin alongside traditional assets through its new Custody+ platform. Source:CoinDesk
Crypto’s easy-money era is ending in a wave of failures
Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says. Source:CoinDesk
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business. Source:Cointelegraph
Home Depot revenue rises even as customers turn away from bigger projects
The home improvement retailer beat Wall Street estimates in its second quarter as its customers continued to take up smaller projects. Source:MarketWatch