Category: crypto
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Bullish acquisition of Equiniti targets tokens
Bullish’s acquisition of Equiniti for $4.2 billion positions the crypto exchange as a key player in tokenized securities markets. Equiniti serves 3,000 major companies with 20 million shareholders, giving Bullish access to ownership data required for tokenized securities. This move reflects a growing trend in blockchain-based capital markets infrastructure.
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Global Millennial Capital raises $100M IPO fund for AI and DeFi mid-caps
Dubai-based Global Millennial Capital has raised $100 million for its IPO Opportunities Fund, focusing on AI and DeFi mid-cap tech companies one to three years before their exits. The fund targets overlooked tech companies with market caps between $5 billion and $20 billion, aiming to bridge the gap between Gulf capital and global tech markets.
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K Wave Media rejects Bitcoin for AI data centres
K Wave Media has decided to not accept Bitcoin as a form of payment for their AI data centres. This decision comes amid concerns about the environmental impact of Bitcoin mining. The company aims to prioritize sustainability in their operations by avoiding the use of cryptocurrencies like Bitcoin.
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Crypto ETPs log five straight weeks of inflows, topping $4B
Global crypto asset ETPs saw $117.8 million in net inflows last week, marking a fifth consecutive positive week and pushing total assets under management close to $155 billion. Bitcoin products led with $192.1 million in inflows, while Ethereum products saw $81.6 million in net outflows. Flows were volatile, with a midweek pullback in risk appetite…
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GoMining unveils GoBTC payments protocol with 0.2% merchant fee
GoMining’s GoBTC protocol offers instant authorization and Bitcoin settlement on-chain with a 0.2% merchant fee, aiming to compete with Visa and Mastercard. The company controls a significant hash rate and plans to launch the protocol at the Consensus conference, positioning it as a low-cost alternative for merchants.
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Anthropic venture targets private equity with AI
Anthropic is partnering with Blackstone, Goldman Sachs, and Hellman and Friedman in a $1.5 billion joint venture to provide enterprise AI tools to private equity-backed companies. This move comes as a response to a rival enterprise AI joint venture launched by OpenAI valued at $10 billion, showing a focus on private equity for AI distribution.
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Wall Street warns legacy markets lag crypto speed
Wall Street executives at Consensus 2026 in Miami warned that traditional financial infrastructure is struggling to keep up with 24/7 crypto trading. The pressure is pushing for tokenized settlement and real-time clearing to address the friction between legacy systems and continuous crypto activity, with regulatory developments supporting this shift.
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Fairshake poll finds voters distrust crypto and AI
A recent poll by Fairshake found that 45% of Americans believe cryptocurrency is too risky to invest in. Additionally, over $100 million has been spent by industry PACs on the 2026 midterm elections. Voters are also concerned about the rapid development of AI and want Congress to impose stricter oversight.
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Kelp DAO moves rsETH to Chainlink CCIP as LayerZero dispute grows
Kelp DAO plans to migrate rsETH to Chainlink CCIP after a $292 million bridge exploit in April. Dispute with LayerZero deepened as Kelp questioned security warnings and LayerZero denied claims. Aave is fighting a restraining notice over frozen ETH linked to the hack. LayerZero CEO rejected Kelp’s claims, and Aave seeks release of frozen ETH…
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MOTHER memecoin lawsuit puts Iggy Azalea’s promises under fire
Iggy Azalea is being sued in the U.S. for allegedly misleading buyers of her MOTHER memecoin about its utility and business integrations. The lawsuit claims that promises of real-world use cases were not delivered, and market value dropped sharply. The lawsuit also questions claims about an online casino and mobile payment integrations.