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.
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.
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.
PayPal has expanded access to its PYUSD stablecoin to customers in 70 countries, aiming to improve cross-border payments and strengthen its role in the growing digital dollar ecosystem.
Bybit EU has integrated PayPal as a fiat funding and withdrawal option across the European Economic Area, aiming to simplify access to digital assets under the EU’s MiCA regulatory framework.
TRON DAO has joined the Mastercard Crypto Partner Program, aiming to connect blockchain payments infrastructure with traditional financial networks.
Messari CEO Eric Turner has stepped down as the crypto research firm restructures and reduces staff while shifting its strategy toward AI-driven products for institutional clients.
Crypto.com has partnered with KG Inicis to enable crypto payments across South Korea’s largest payment gateway network, targeting foreign tourists and expanding digital asset adoption in retail commerce.