A federal bank regulator has granted World Liberty Trust Co. a conditional bank charter, it announced Friday. The Office of the Comptroller of the Currency, the U.S. banking agency that grants federal charters, said in a letter posted to its website that World Liberty could operate fiduciary and other trust company-related activities as a national
SpaceX has completed its $60 billion stock-based acquisition of Anysphere, bringing the Cursor coding platform into its SpaceXAI business as SPCX shares fell during Friday trading. Summary Cursor has become a wholly owned SpaceX subsidiary after the merger took effect on Aug. 14. Cursor investors will receive 389.3 million SpaceX Class A shares under the
Citigroup CEO Jane Fraser has said that while some improvements need to be made to the crypto Clarity Act, the bank wants a “good bill to go through.” The banking executive said that the bank was a “leader in digital assets” so wanted “safe adoption” of the technology. Lawmakers were trying to get a vote
Tokenization-linked stocks have fallen as much as 11.2% after legal and market concerns reportedly delayed the SEC’s planned innovation exemption for blockchain-based securities. Summary Bullish fell 11.2%, extending its decline from about 8% earlier in Friday’s session. Coinbase and Circle dropped 3% and 4.8%, respectively, as tokenization-linked shares weakened. The SEC reportedly faces questions about
(NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) announced today that its Board of Directors has declared seventeen cash dividends on the Company’s 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”), which is listed on the New York Stock Exchange under the trading symbol “BMNP” The dividends will be
Morgan Stanley has increased its reported holding in BlackRock’s spot Bitcoin ETF by 23% to about 16.5 million shares while adding exposure to Ether, Solana, and several crypto-linked companies during the second quarter. Summary Morgan Stanley added roughly 3.04 million shares of BlackRock’s IBIT during Q2. Its IBIT position was valued at $549 million as
P2P.org has integrated its staking infrastructure with Arkis, allowing institutional clients to use staked Solana and Avalanche assets as collateral while continuing to earn protocol rewards. Summary Arkis clients can use staked Solana and Avalanche positions as collateral for trades. Margin is calculated against the aggregate risk of each client’s Arkis account. Validator downtime and
XRP Ledger launched version 3.3.0, introducing 6 amendments for voting. The fixCleanup package delivers essential bug fixes for mainnet stability. The update cuts node RAM usage by over 15% and accelerates overall sync. The XRP Ledger ecosystem reached a key milestone as institutional momentum builds around its latest software release. Version 3.3.0 is now in
Uniswap price has fallen nearly 20% over the past seven days to $3.23 as a head-and-shoulders breakdown, weak capital flows, and cascading long liquidations intensified selling pressure. Summary Uniswap price has dropped nearly 20% in seven days and traded around $3.23 on Aug. 14. The daily price has returned to the 38.2% Fibonacci retracement at
Ethereum pays validators to secure the network: creating a reference rate for an entire on-chain financial economy. A proposal to taper it to zero ignited a debate among core developers, DeFi founders and investors this month, showing how much now hangs on that yield. Ethereum buys its security. Validators lock up Ether (ETH) as collateral,
