Crypto Business
Follow cryptocurrency business news including company launches, partnerships, mergers, acquisitions, and corporate blockchain adoption across industries.
Polymarket Accused of Funding Fake Betting Videos
A new WSJ report alleges that Polymarket paid social media creators to post videos featuring fake wagers and fabricated winnings on replica versions of its website.
Nikolas Sargeant
Kalshi Explores IPO Plans as Revenue Surges Past $2 Billion
Kalshi is in early discussions with investment banks regarding a potential initial public offering (IPO), according to a report from The Information.
Nikolas Sargeant
Cathie Wood’s Ark Invest Doubles Down on Coinbase Amid Market Dip
Ark Invest bought $18.4M in Coinbase shares and added Block while selling Robinhood stock, as fintech markets reacted to new Coinbase product launches and mixed earnings signals.
Nikolas Sargeant
Kentucky Sues Kalshi, Polymarket, and Coinbase Over Alleged Illegal Sports Betting Operations
Kentucky has sued Kalshi, Polymarket, and Coinbase, alleging they run illegal sports betting operations disguised as prediction markets, escalating a legal clash over federal and state gambling jurisdiction.
Hassan Maishera
Fidelity Launches Government Money Market Fund for Stablecoin Reserves
Fidelity Investments has launched a new government money market fund designed specifically to serve as a reserve vehicle for stablecoin issuers.
Hassan Maishera
Alchemy Launches AgentCard to Give AI Agents Real-World Spending Power
Alchemy launches AgentCard, a Visa-based virtual card system enabling AI agents to make autonomous payments using tokenized cards, crypto, and emerging agent payment protocols.
Hassan Maishera
KuCoin Launches Wealth Quant Fund to Bring Institutional-Style Crypto Strategies to High-Net-Worth Investors
KuCoin launches the Wealth Quant Fund and its first product, the Neutral Enhanced Fund, offering market-neutral crypto investment strategies for high-net-worth investors.
Nikolas Sargeant
Ripple Invests in Flutterwave to Expand Stablecoin Payments Across Africa
Ripple invests in Flutterwave’s $3.2 billion Series E round to integrate RLUSD stablecoin and XRP Ledger technology into cross-border payments across Africa.
Hassan Maishera
Morgan Stanley Files for Ethereum and Solana ETFs With Lowest Fees and Staking Feature
Morgan Stanley has filed amendments for its spot Ethereum and Solana exchange-traded funds, signaling progress on both applications that follow its recent Bitcoin ETF debut.
Hassan Maishera
CME Group Plans Lawsuit Against CFTC Over Approval of Perpetual Futures Contracts
CME Group plans to sue the CFTC over approval of perpetual futures contracts, with CEO Terrence Duffy warning the leveraged products pose major financial risks and should be regulated as swaps.
Hassan Maishera
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Press Releases
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1win Introduces Seamless Web3 Login and Crypto Deposits via Trust Wallet, MetaMask, and WalletConnect
MEXC Launches Earnings Season RealStocks Rally With $1,000,000 Prize Pool
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture
