Polymarket is locked in another controversy over the interpretation of UMA, a decentralized oracle that utilizes token holder voting to resolve prediction markets. UMA – a protocol which is a separate entity from Polymarket – is no stranger to controversy, having ruled
Ripple, the payments-focused digital asset firm, on Wednesday, named banking giant BNY Mellon as the primary custodian of reserve assets backing its U.S. dollar stablecoin Ripple USD (RLUSD). BNY Mellon, one of the oldest and largest custody banks in the world overseeing
U.S. President Donald Trump has intensified his tariff rhetoric this week, but financial markets aren’t convinced, likely expecting the President to back down and eventually reach a compromise with trading partners. Earlier this week, the Trump administration sent out letters to 14
Cryptocurrency users in the U.K. will be required to provide certain information to service providers relating to their digital asset activity from Jan. 1 2026, or risk a fine. Users must provide their full name, date of birth, address, country of residence
Cryptocurrency trading firm Galaxy Digital (GLXY) is expanding its blockchain staking platform for large institutional customers with help from crypto custody specialists Fireblocks, the companies said Wednesday. With the integration, Galaxy’s staking services are now natively accessible to the more than 2,000
Eigen Labs cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud, what he called a “verifiable” alternative to existing, opaque cloud services. The Seattle-based startup said the dismissals were
Anthony Pompliano’s ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and
New Zealand’s government plans to ban crypto ATMs as part of an overhaul of its anti-money laundering and countering the financing of terrorism (AML/CFT) regime. The government wants to target the means criminals use to “convert cash to high-risk assets such as
Companies building bitcoin (BTC) treasuries are currently the focus of the digital-assets ecosystem as global adoption widens, and three existing participants have announced a total of about $278 million in new funding to boost their holdings in recent days. Remixpoint (3825), a
Move over the endless X threads and VC endorsements. A deep dive into the token launch dynamics by Simplicity Group shows that token debuts are more about cold, hard fundamentals and less about hype and marketing. The firm analyzed over 50,000 data