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On Monday, Robinhood Markets announced that it had finished buying up WonderFi, a digital asset services business located in Toronto, for $180 million. Bitbuy and Coinsquare, two licensed cryptocurrency platforms in Canada, are run by WonderFi. Users of both will be asked to stay on the Robinhood app when they are
Friday, Jamie Dimon, CEO of JPMorgan Chase, once again harshly attacked Brian Armstrong, CEO of Coinbase, and warned that legislators risk the current Clarity Act version failing if they do not address the concerns of conventional banks over stablecoin regulation. During an interview with Fox Business’ Maria Bartiromo, Dimon seemed
On Friday, Treasury Secretary Scott Bessent said that the US has confiscated around $1 billion worth of Iranian cryptocurrency. He also mentioned that some of the wallet owners may not even be aware that their funds has been confiscated. “I believe that we have seized about a billion dollars of their
A recent analysis from Galaxy Digital indicates that crypto venture capital activity declined in Q1 2026, after the unusually robust pace observed in Q4 2025. There was a 50% decrease in capital spent quarter-over-quarter and a 16% reduction in transaction count as venture firms invested around $4 billion across 355
An individual familiar with the situation said that market circumstances had caused asset management behemoth Grayscale to postpone its intentions to go public, making it the latest cryptocurrency company to do so. This individual spoke on condition of anonymity due to the private nature of the subject, but they did
Even if Kevin Warsh is now the chairman of the Federal Reserve, Bitcoin has been under pressure below $78,000 because traders are still concentrating on increasing Treasury rates and the low likelihood of short-term rate reduction. Bitcoin and Risk Assets Remain Under Strain Less than 24 hours after being inaugurated
In 2026, the argument over whether onchain perpetuals could match centralized exchanges on execution has been settled in practice. Hyperliquid alone now accounts for roughly 44 percent of perp DEX volume, turns over more than $50 billion in derivatives a week, and routinely fills orders at sub-second latency on a
Blockchain analytics firm Chainalysis reports that tax evaders are increasingly using digital means such as Bitcoin Ordinals and BRC-20 tokens to conceal their income from tax authorities. In a research released on Wednesday, Chainalysis said that although tax evasion and unreported income have been around for a long time, the
On Tuesday, South Carolina’s Governor Henry McMaster signed Senate Bill 163 into law, establishing a framework that is very favorable to cryptocurrency at the state level. The bill reads: “A political subdivision shall not change the zoning of a digital asset mining business without going through the proper notice and
On Tuesday, US President Donald Trump issued an executive order directing the federal government to revise its regulatory frameworks in order to incorporate “digital assets and innovative technology into traditional financial services and payment systems.” The order said: “It is therefore the policy of the United States to streamline regulatory
