Crypto Lending Protocol Morpho Raises $175 Million to Aid Wall Street’s DeF…
In recent developments, decentralized lending platform Morpho has secured $175 million in its latest funding round, highlighting the rise of curated lending vaults. Looking closer, market participants highlight key drivers…
Japan’s Largest Banks Plan Joint Stablecoin Launch by March 2027
In recent developments, megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026. Looking closer, market participants…
Tom Lee’s Bitmine Buys $123 Million More Ethereum as Treasury Tops 5.4 Mill…
In recent developments, bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a…
Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Bi…
In recent developments, bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value.…
SpaceX IPO nears 4 times oversubscribed, squeezing crypto and tech
In recent developments, tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts. The development has drawn attention from traders and analysts who are evaluating…
NYC Hotel Prices Surge as One Back-of-House Role Heads Past $100,000 a Year
In recent developments, $61 an hour by 2034 is where union housekeeper pay is headed under a strike-averting deal that lifts wages 50% over eight years, putting full-time earnings at…
Morpho Raises $175M at $2B Valuation as Paradigm and A16z Back DeFi Push
In recent developments, morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2…
‘Maximal’ ban on insider trading would hurt prediction markets, says researcher
In recent developments, “The same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow,” said Balbinder Singh Gill. Looking…
Hyperliquid, Paradigm urge revision of GENIUS money laundering rule
In recent developments, the Hyperliquid Policy Center and Paradigm say the Treasury’s money laundering rules for the GENIUS Act are too onerous for stablecoin issuers. Looking closer, market participants highlight…
Chainalysis, South Korean police link up to fight crypto crime
In recent developments, south Korea’s national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail investors. Looking closer, market participants highlight key drivers such as…
Psychologists Say Patients Are Bringing AI Into Therapy Sessions: Survey
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