Crypto news
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Ether, XRP and dogecoin lead crypto selloff as tech stocks tumble
Ether, XRP and dogecoin led a broad crypto selloff as a renewed tech stock rout dragged risk assets lower, with bitcoin briefly dipping near $58,000 before recovering.
Crypto infrastructure firm BitGo lays off 15% of staff
Crypto infrastructure firm BitGo has laid off about 15% of its staff, approximately 90 employees, as part of a strategic shift toward stablecoins and AI-backed infrastructure.
Botanix failure shows Bitcoiners still prefer Ethereum DeFi over native L2s
Botanix's failure indicates Bitcoin holders still favor wrapped BTC on Ethereum and custodial yield over experimental Bitcoin-native DeFi, challenging the narrative for Bitcoin L2s.
Polymarket to Refund Users After Hackers Swipe Millions in Website Exploit
Polymarket announced it will refund users after hackers exploited a third-party vendor to steal millions in crypto from the platform.
Invesco files for tokenized fund targeting stablecoin reserve market
Invesco filed with the SEC to launch a tokenized fund investing in cash and short-term Treasuries, targeting the stablecoin reserve management market.
SBI Holdings to Acquire Bitbank for $289M, Becoming Japan's Largest Crypto Exchange
SBI Holdings has agreed to acquire crypto exchange Bitbank for nearly $289 million, pending regulatory approval, a move that would make it Japan's largest digital asset trading platform.
Base blockchain resumes after two-hour outage disrupts network
Coinbase's Ethereum layer-2 network Base resumed block production after a roughly two-hour outage that halted transactions, with the team advising node operators to restart their nodes.
Kraken in talks to buy 15% stake in DeFi lender Aave at $385M valuation
Kraken is in advanced talks to acquire a 15% stake in DeFi protocol Aave at a $385 million valuation, investing 35,000 ETH for 250,000 AAVE tokens and equity.
XRP risks drop below $1, but onchain data shows silver lining
XRP's chance of a daily close below $1 is rising, but onchain data reveals whale accumulation and shrinking exchange supply, suggesting some traders are buying the dip.
a16z-backed Story Protocol rebrands as DATA Foundation, targets AI data
Story Protocol, backed by a16z, rebrands as DATA Foundation and shifts focus to an onchain registry for AI training data, aiming to address copyright disputes.
Bitcoin Inheritance Planning: Key Questions for Advisors
Zak Townsend of Meanwhile outlines tactical questions for Bitcoin inheritance planning, while Shea Brown of Windle Wealth advises on navigating inherited crypto.
Galaxy Digital rally shows Wall Street values crypto firms for AI power
Galaxy Digital's stock surge indicates that Wall Street is increasingly valuing crypto firms for their AI infrastructure and data center capabilities rather than just digital asset exposure.
Kraken sues PowerTrade over alleged misappropriation of $7.2M in crypto
Kraken's parent company Payward has filed a lawsuit against crypto derivatives platform PowerTrade, alleging its founders misappropriated $7.2 million in digital assets and unrealized gains.
AAVE leads CoinDesk 20 gainers with 10.1% rise as index climbs 2.7%
The CoinDesk 20 Index rose 2.7% to 1646.0, led by AAVE's 10.1% gain, while combined exchange volumes fell to a seven-month low in May.
CZ says prison time didn't hurt his business after Binance
Binance founder Changpeng Zhao, recently released from prison, says his guilty plea for Bank Secrecy Act violations has not cost him business partners and may even boost trust.
Uniswap and Spark Build Stablecoin FX Layer as Market Expands
Uniswap and Spark are building a shared liquidity network for stablecoins, aiming to create an FX-like market as more issuers and traditional finance players enter the space.
CoinEx denies serving as $3.84B gateway for sanctioned Iranian crypto firms
CoinEx refutes a TRM Labs report alleging it processed over $3.84 billion in transactions with sanctioned Iranian crypto entities, calling the claims inaccurate and misleading.
Bitcoin Bounces From $60K But Derivatives Signal Stays Bearish
Bitcoin recovered above $61,000 after dipping below $60,000, but a persistent bearish signal in derivatives markets suggests the relief rally may be fragile.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.