Eye-watering crypto raises are back. On Saturday, Pump.fun, a popular website that lets anyone launch and buy memecoins, raised $600 million in 12 minutes through a public sale of its…
Read article →On Thursday, the House of Representatives passed the Genius Act, a bill that establishes rules for stablecoins, a type of cryptocurrency pegged to the U.S. dollar, with President Donald Trump…
Read article →The cryptocurrency market pushed past $4 trillion for the first time, while the S&P 500 flatlined following a recent report on Trump’s tariff negotiations with the European Union. Crypto briefly…
Read article →President Trump’s GENIUS Act legalizes stablecoins and requires them to be backed by U.S. dollars or Treasuries. That’s going to increase demand for dollar-backed assets and, maybe, cement the dollar’s…
Read article →When federal agents raided the home of Kraken founder Jesse Powell two years ago, the Justice Department was in the midst of a sweeping legal campaign against the cryptocurrency industry.…
Read article →President Donald Trump’s media company just bought a stash of the world’s largest cryptocurrency. On Monday morning, Trump Media and Technology announced that it had acquired $2 billion in Bitcoin…
Read article →Jack Dorsey’s Block Inc. joins the coveted S&P 500 on Wednesday, a symbolic milestone that puts the digital finance firm—pursuing everything from mobile banking to Bitcoin mining—under Wall Street’s spotlight. …
Read article →One of the world’s foremost Bitcoin boosters has drummed up another stash of capital. Tim Draper’s investment firm, Draper Associates, has raised $200 million for its eighth fund, according to…
Read article →Circle on Thursday announced that the world’s biggest crypto exchange would begin accepting USYC, a type of stablecoin that shares yield with investors, as collateral from institutional clients. While the…
Read article →When Dan Morehead—featured guest on the latest episode of Fortune’s Crypto Playbook podcast—first started digging into Bitcoin in 2013, he decided to leave behind his long career in traditional finance…
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