Why Are Traders Betting on SpaceX Before Its IPO? Crypto exchanges are giving traders a way to bet on SpaceX’s future share price before the company goes public, drawing billions of dollars into a new class of derivatives known as pre-IPO perpetual futures. The contracts have no direct link to SpaceX shares. Instead, they are
Why Did The Appeals Court Reject Bankman-Fried’s Case? Former FTX CEO Sam Bankman-Fried lost his appeal to overturn his 25-year prison sentence after arguing that the original trial did not give him a fair chance to defend himself. On Friday, the U.S. Court of Appeals for the Second Circuit upheld an earlier district court decision
Why Is KuCoin Facing Pressure Over Delisted Assets? KuCoin is facing renewed scrutiny after a Swiss investor said the exchange has not paid a Seychelles Supreme Court award of more than $2 million tied to tokens the platform had declared “abandoned.” In a Dec. 11, 2025 ruling, the Supreme Court of Seychelles declared that Didier
Why Did Monero Suddenly Rally? Monero jumped sharply this week after a large holder routed about $120 million in stablecoins through a chain of swaps, exchanges, and cross-chain tools, making the movement visible across crypto markets. Onchain investigator ZachXBT said an address received 120.2 million USDT on the Tron network on Thursday. USDT is the
Figma stock price has come under intense pressure this year and is now hovering at its all-time low amid the rising concerns about its revenue growth in this artificial intelligence (AI) era. After peaking at $143 following its IPO last year, the stock has plunged to $19 today, with its market cap falling from $60
Binance Wallet’s SpaceX-linked IPO subscription campaign attracted approximately $557 million from 27,689 on-chain addresses, underscoring strong demand for tokenized access to high-profile private-market assets. The campaign, built around SPCXx tokenized securities through xStocks, allowed eligible users to submit non-guaranteed subscription applications using USDC through Binance Wallet. The subscription closed on June 12, according to on-chain
Michael Saylor has acknowledged that Strategy may sell Bitcoin when necessary, softening one of the strongest “never sell” messages in corporate crypto and signaling a more flexible approach to managing the company’s capital structure. The comments come after Strategy sold a small amount of Bitcoin to help fund preferred stock distributions, raising questions about how
Cryptocurrency exchange Bitget said it has provided organizational support for employees to use artificial intelligence, reflecting a broader shift across digital asset firms as AI moves from optional experimentation to workplace infrastructure. The company’s comments come as crypto exchanges increasingly use AI for trading tools, customer support, compliance monitoring, product development and internal operations. Bitget
HashKey Holdings Limited said its board has approved a share repurchase plan of up to HK$100 million under the mandate passed at its annual general meeting on June 11, 2026, giving the Hong Kong-listed digital asset company flexibility to buy back shares in the open market. The company said the repurchases will be funded with
Ethereum developers are evaluating EIP-8182, a draft proposal that would introduce native privacy transfers for ETH and compatible ERC-20 tokens through the planned Hegotá hard fork. If accepted, the proposal would create a protocol-managed shielded pool that allows users to send assets without publicly exposing sender, recipient and amount details in the same way as