Category: crypto

Ethereum Institutional, a new independent non-profit, aims to accelerate institutional adoption of Ethereum and its Layer 2 networks. Backed by BitMine, SharpLink, Joe Lubin, and others, the organization will focus on education, intelligence, marketing, standards, and events for finance firms. It aims to provide a neutral entry point for institutions to engage with the Ethereum…

Robinhood has launched perpetual futures in Europe tied to commodities, ETFs, and currencies. The company also introduced Robinhood Chain mainnet, stock tokens, Crypto Earn, and AI trading accounts. The new products offer up to 10x leverage and expand the company’s derivatives push beyond crypto in traditional assets.

Robinhood has launched its Ethereum Layer 2 mainnet with tokenized stock trading and perpetual futures, expanding its blockchain-based financial services beyond the testnet stage. Eligible users in over 120 countries can trade tokenized stocks through Robinhood Wallet on supported decentralized exchanges, with rewards based on trading activity.

FBI Director Kash Patel disclosed purchasing between $100,001 and $250,000 in Strategy stock months after the reporting deadline required under the STOCK Act. The delayed filing has raised concerns about ethics compliance, but the Justice Department stated that the investment did not create a conflict of interest. Patel’s explanation cited a “miscommunication” for the late…

Avalanche Treasury Co. shares have dropped by 73% since their Nasdaq debut due to lower AVAX prices affecting the company’s digital asset holdings. The company reported a net loss of $26.78 million and doubts about its going-concern status before a merger provided relief. The stock price is closely tied to AVAX market movements.

Metaplanet purchased 2,823 more Bitcoin, increasing its holdings to 43,000 BTC. Second-quarter revenue from its Bitcoin income business fell by 41% compared to the previous quarter. The company aims to hold 210,000 BTC by 2027. Metaplanet is expanding its services around its Bitcoin treasury, including acquiring Siiibo Securities.

States like Tennessee and Georgia have implemented stricter regulations on cryptocurrency ATMs, with Tennessee banning their installation and operation while Georgia has imposed new consumer protection rules. Indiana and Minnesota have also enforced bans, with Delaware and New Jersey considering similar legislation. These actions are in response to growing fraud complaints linked to crypto ATMs.…

On-chain investigator ZachXBT is advising users with funds stuck on AscendEX to report the issue to law enforcement and regulators in their countries. Withdrawals on the platform are not being processed while deposits are still available. Concerns about liquidity and delays in processing withdrawals have been raised, urging caution when dealing with the exchange.

Manny Rutinel won the Democratic primary for Colorado’s 8th Congressional District and will face Republican incumbent Gabe Evans in November. A PAC funded by Ripple co-founder Chris Larsen supported Rutinel’s campaign, adding to the scrutiny of crypto political spending before the 2026 U.S. midterms. The race is seen as a test for both parties, with…

Robinhood has launched its public blockchain and introduced tokenized stock products that can move across decentralized applications, expanding its push to bring traditional financial assets fully onchain. The company also unveiled new crypto services, including Robinhood Earn and access to perpetual futures, as part of its international expansion plans.