FTX Estate Misses Out on $3B Cursor Stake After $200K Sale as AI Valuations Surge
The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising scrutiny over bankruptcy asset sales.
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The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising scrutiny over bankruptcy asset sales.
Negotiations on a landmark US crypto bill are nearing agreement on stablecoin rewards, though debates over ethics and financial crime continue to pose challenges.
As MiCA enforcement approaches, smaller crypto firms across Europe face rising costs and regulatory hurdles that could reshape the industry landscape.
Justin Sun has taken legal action against World Liberty Financial, alleging unfair token freezes and governance issues while continuing to support pro-crypto US policies.
Bitcoin and crypto stocks fell as Fed chair nominee Kevin Warsh emphasized central bank independence, while analysts still see potential upside later in 2026.
The DeFi sector is facing a deepening security crisis after nearly $800 million in losses this year, with April alone accounting for the majority.
European banks are accelerating euro stablecoin plans, partnering with Fireblocks to build a regulated digital euro alternative under MiCA rules.
Spot Bitcoin ETFs attracted almost $1 billion in inflows last week, signaling renewed institutional confidence as geopolitical developments influence market sentiment.
Bitcoin is consolidating near $75,000, but deeply negative funding rates and improving geopolitical sentiment could trigger a sharp rally toward $125,000.
Bitcoin’s recent surge is stalling near $75,000 as investors lock in profits and market indicators point to cautious sentiment rather than overheating demand.
Kraken has confirmed it confidentially filed for a US IPO, signaling renewed momentum in crypto markets despite a lower valuation.
The American Bankers Association disputes a White House report on stablecoin yields, warning that allowing interest-bearing stablecoins could drain deposits from smaller banks.
Crypto exchange-traded products recorded $1.1 billion in weekly inflows, led by Bitcoin and US spot ETFs as easing inflation and geopolitical developments boosted investor sentiment.
Bitcoin briefly dropped below $71,000 while oil prices spiked after the United States announced a blockade of the Strait of Hormuz, escalating tensions with Iran and rattling global markets.
Senator Cynthia Lummis urges swift passage of the CLARITY Act, warning delays could stall US crypto progress until 2030.