Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the Londonbased payments infrastructure firm at $200 million, CEO Eric Queathem said.…
How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself. Source:CoinDesk
Nigel Farage-backed Stack BTC eyes $16 million gold dealer deal to fund bitcoin buy
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings. Source:CoinDesk
Hong Kong crypto exchange CoinEx to cease operations after 9 years in business
Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.” Source:CoinDesk
Live updates: Bitcoin slides from nearly $80,000 as Senate votes on Clarity Act
Senators take a procedural vote on the crypto market structure bill later Tuesday. Bitcoin has given back 3% since touching $79,530 overnight, with XRP and…
Robinhood plans share redemptions, voting rights for stock tokens, after criticism
CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights. Source:CoinDesk
Trump's $800 million stake into World Liberty Financial's token now has a timeline to becoming sellable
Onchain records show that an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028…
Consensus heads to Hong Kong for third year with expanded focus on AI
Consensus Hong Kong will focus on institutional adoption of digital assets and the growing role of artificial intelligence in the future of money.…
Kaiko extends Series B funding round to $110 million with S&P Global, BNP Paribas
Financial rating giant S&P Global joined top traditional banks and exchange operators to fund Kaiko's expansion into continuous market data services…
Bitmine adds $68 million in ether as Tom Lee sees more upside catalysts ahead
The Ethereum treasury firm is closing in on its 5% accumulation goal as Lee points to a rising ETHBTC ratio and institutional demand. Source:CoinDesk
FCA considers exempting tokenized gold from fund rules to defend London market
The Financial Conduct Authority is exploring a bespoke regulatory framework with the Treasury to carve out digital gold from traditional fund laws.…
TikTok developer ByteDance arranges $29.6 billion loan as it builds AI ambitions
ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.…