Gemini Hit with Lawsuit over Strategy Shift and Stock Collapse
Gemini faces a class-action lawsuit alleging it misled investors after pivoting to prediction markets, as its stock plunges over 80% post-IPO.
Gemini faces a class-action lawsuit alleging it misled investors after pivoting to prediction markets, as its stock plunges over 80% post-IPO.
Crypto.com has laid off around 180 employees, shifting resources toward AI as part of a broader efficiency and automation push.
A longtime Bitcoin whale sold $71.6 million in BTC as whale-driven exchange inflows surge, signaling renewed market activity among early holders.
Flow Traders has entered the tokenized assets market, offering round-the-clock OTC trading for institutional clients amid rising demand for blockchain-based financial products.
Nasdaq has received SEC approval to pilot tokenized trading of stocks and ETFs, marking a controlled step toward blockchain integration in traditional markets.
Evernorth moves closer to a Nasdaq listing after filing a Form S-4, as the firm builds a large XRP treasury amid improving US regulatory clarity.
Block has rehired a small number of employees weeks after cutting 4,000 roles, highlighting adjustments in its AI-driven restructuring strategy.
Polymarket has acquired DeFi infrastructure firm Brahma to enhance its trading systems and scale its prediction markets platform.
FTX’s bankruptcy estate will distribute $2.2 billion to creditors this month, continuing its multi-year recovery process following the exchange’s 2022 collapse.
Crypto exchange Kraken has paused its IPO plans amid weaker market conditions, signaling a more cautious environment for public listings in the digital asset sector.
Stablecoin payments firm TransFi raised $19.2 million to expand its cross-border payment infrastructure across emerging markets.
Moody’s has introduced a Token Integration Engine designed to bring its credit analysis into blockchain-based financial workflows, starting with the Canton Network.
More Australians are using cryptocurrency to pay for goods and services, but banking restrictions and payment delays remain a major barrier, according to a new survey.
Bhutan transferred over $72 million in Bitcoin this week, bringing the country’s total crypto outflows in 2026 to more than $110 million.
Crypto payments platform Bitrefill says a cyberattack linked to the Lazarus Group exposed about 18,500 purchase records and drained funds from several hot wallets.