Cryptocurrencies
BitGo Opens 2026 IPO Window: Shares Pop, Fade, and Secure CZ Backing
BitGo (BTGO) debuts on NYSE with a $2.2B valuation and backing from CZ's YZi Labs, though opening gains faded to a 2.7% close.
Cryptocurrencies
Cryptocurrencies
CZ Pitching Sovereign Tokenization to 12 Governments at Davos
Former Binance CEO Changpeng Zhao is advising 12 nations on tokenizing infrastructure and commodities, opening a new front in sovereign crypto adoption.
Cryptocurrencies
Coinbase Unlocks $1M Credit Lines Against Staked ETH (cbETH) on Base
Coinbase users can now borrow up to $1 million USDC against their staked ETH (cbETH) using the Morpho protocol on Base.
Cryptocurrencies
Trump Memecoin Implodes: 94% Collapse Wipes Out $2B as Insiders Net $427M
One year after launch, the $TRUMP token is down 94% from its highs, leaving 813,000 wallets underwater while issuers collected $427 million in fees.
Cryptocurrencies
Farcaster Founders Return $180M to Investors; Neynar Acquires Protocol Assets
Merkle Manufactory abandons its social ambitions, refunding $180M to VCs as infrastructure partner Neynar takes over the protocol's code and assets.
Cryptocurrencies
Capital One Acquires Brex for $5.15B; Absorb’s Fintech’s Stablecoin Payment Rails
Capital One's $5.15 billion acquisition of Brex signals a major TradFi consolidation of crypto-adjacent payment rails and a steep valuation reset for fintech unicorns.
Cryptocurrencies
Gold Knocks on $5,000 While Bitcoin Bleeds Out Below $90K
Gold eyes $5,000 as the 'Digital Gold' narrative crumbles, with Bitcoin sliding toward $89k despite Cathie Wood's $16T forecast.
Cryptocurrencies
Ethereum’s “Record” Traffic Is a Mirage: Address Poisoning Epidemic Explained
Citi analysts warn that Ethereum's record 2.88M daily transactions are driven by 'address poisoning' scams, not genuine adoption.
Cryptocurrencies
Citi: Ethereum’s Record Transaction Surge is ‘Fake’ — Scams Drive Activity
Citi analysts report that Ethereum's new all-time high in daily transactions is 80% driven by 'address poisoning' scams rather than organic adoption.
Cryptocurrencies
Trove Markets ‘Bait-and-Switch’ Torches $11M; Token Crashes 98% Amid Casino Allegations
Trove Markets abandons Hyperliquid for Solana in a surprise move that wiped out 98% of its token value, as ZachXBT links project funds to casino…