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The latest from Bitcoin, Ethereum, DeFi, and markets — sourced from trusted outlets and expanded for traders.

Elon Musk’s SpaceX Files Confidentially for Record-Breaking $1.75 Trillion IPO
Elon Musk’s rocket company has confidentially submitted IPO paperwork to U.S. regulators, potentially setting up one of the largest public listings in hist.

‘Not an April Fools joke’: Major Solana-based trading platform Drift exploited for at least $200 million
The exploit, which started over two hours ago, seems to be targeting multiple Drift vaults, totaling at least $200 million.

Paradigm mulls prediction market entry with trading terminal, market making desk: Fortune
Paradigm founder and Kalshi board member Matt Huang has previously said that prediction markets represent a trillion-dollar opportunity.

Galaxy Digital's testnet suffers hack but no client funds or information were compromised
Galaxy Digital's testnet suffers hack but no client funds or information were compromised.

Treasury issues GENIUS Act rule proposal, seeks comment on state oversight for smaller issuers
Members of the public will have 60 days to respond to the Treasury’s notice of proposed rulemaking in the Federal Register.

CFTC chair says agency is ready to oversee entire crypto market
Michael Selig summarized his first 100 days overseeing the commodities regulator since being confirmed by the US Senate in December.

Cambodia Extradites Alleged Huione Crypto Scam Kingpin to China: Report
Chinese authorities have arrested Li Xiong, former chairman of Huione Group, linked by U.S. regulators to billions in illicit crypto flows.

Why Meta is choosing partners over power in its 2026 stablecoin push
Meta’s 2026 stablecoin push favors partnerships over issuing its own coin. Here is why the company is choosing infrastructure and distribution instead.

Stablecoin card issuing infrastructure platform Kulipa raises $6.2 million seed round
Kulipa helps fintechs and wallets issue white-label stablecoin payment cards without managing card operations themselves.

Jamie Dimon signals JPMorgan entry into prediction markets as competition surges
Jamie Dimon signals JPMorgan entry into prediction markets as competition surges.

Cango raises capital as it faces NYSE delisting risk with shares below $1
Cango raises capital as it faces NYSE delisting risk with shares below $1.

Franklin Templeton to Buy CoinFund Spinoff, Build Out Crypto Investment Offering
Global asset manager Franklin Templeton is acquiring a CoinFund spinoff to build out its own crypto wing, Franklin Crypto.

Zodia Markets CEO Usman Ahmad departs, co-founder Nick Philpott named interim CEO
Ahmad had led the firm since its founding in 2021, when it launched as a joint partnership between SC Ventures and OSL Group.

Agencies Must Create Clear Prediction Market Rules to Avoid FTX-Style ‘Implosions’: CFTC Chair
Michael Selig argued that prediction markets operating offshore in “unregulated space” could lead to an FTX-style collapse.

Token voting is crypto’s broken incentive system
Token voting fails crypto governance with low participation and whale dominance. Decision markets price conviction to fix broken DAO incentives.

Ripple Launches Treasury Management System with Native Digital Asset Capabilities
The novel platform allows CFOs and their treasury teams to manage fiat and digital assets in a single system, Ripple said.

Franklin Templeton deepens crypto push with CoinFund spinoff deal
Franklin Templeton has agreed to acquire CoinFund spinoff 250 Digital to launch Franklin Crypto, a dedicated crypto arm targeting institutional crypto inve.

Franklin Templeton launches crypto division with 250 Digital acquisition
Franklin Templeton launches crypto division with 250 Digital acquisition.

CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher
CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher.

Hong Kong misses March target for first stablecoin licences
Hong Kong’s first stablecoin licences failed to materialize by the expected end of March target, with the HKMA saying only that it is still advancing the p.

OpenAI raises a record $122 billion as revenue crosses $2 billion per month
OpenAI raises a record $122 billion as revenue crosses $2 billion per month.

Grayscale’s research head says tokenization will happen in waves and explains how to play it
Grayscale’s research head says tokenization will happen in waves and explains how to play it.

Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs.

CoinShares stock makes US debut on Nasdaq following SPAC merger
Shares of the European crypto asset manager are set to start trading today, marking a venue shift as digital asset companies navigate a weaker market backd.
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