Latest

CeFi
Bitwise Cuts 14% of Staff as Client Assets Fall to $9 Billion
The crypto asset manager reduced headcount to about 155 from 180, while its BITW index fund ended June with $532.8 million in net assets, down from $1.03 billion at year-end.

Hacks
Harmony Patches Pre-Staking Quorum and Receipt-Replay Flaws After ONE Mint Claim
Harmony asked exchanges to block four wallets and paused its bridge, while an analyst’s estimate of four billion unauthorized ONE remains unconfirmed.

TradFi & Fintech
Barça Mobile Plans Stellar Wallet With Wirex and Crossmint
Wirex will provide payment and card infrastructure, Crossmint will handle wallet onboarding, and Stellar will supply the blockchain layer for the planned feature.

Regulation & Politics
CFTC Sues Goliath Ventures Over Alleged $397M DeFi Liquidity Pool Ponzi
The complaint says $87 million went to Ponzi payments, $174 million to recruiter commissions and $48 million to CEO Christopher Delgado's personal spending, with recoveries for roughly 1,600 customers now running through a bankruptcy estate.

TradFi & Fintech
Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine
The 20-year lease is projected to average $457 million a year, while Riot's fully costed bitcoin mining ran at 126.5% of the value of the coins it produced last quarter.
TradFi & Fintech
Stablecoin Card Issuer Rain Buys Merchant Wallet Startup Ansa
Ansa builds branded prepaid wallets that hold dollar balances for merchants, with no stablecoin leg. Founder Sophia Goldberg joins Rain as head of payments, and terms were not disclosed.
TradFi & Fintech
Coinbase Wins Abu Dhabi License for Tokenized Securities Hub
The FSRA permission covers arranging deals in investments and custody. Coinbase has not named a launch date, and the fine print limits which token holders can vote their shares.

TradFi & Fintech
MoneyGram Brings Cash-To-Crypto Ramps To Solana
MoneyGram Ramps is now native to Solana, ending its run as a Stellar-only product. Trading app Rift is the first Solana wallet to integrate it.

CeFi
eToro to Buy US Brokerage TradeZero for Up to $231M as Crypto Revenue Shrinks
The purchase, eToro's third acquisition signed this year, is not expected to close until the first half of 2027 and needs regulatory approvals for a broker-dealer whose chief executive settled SEC charges in 2022.
Podcast
Robinhood's Head of Product Reveals How Robinhood Chain Hit 200M Transactions in 30 Days
Robinhood just launched its own blockchain — and the numbers are wild. Seong Lee, Head of Product for Robinhood Crypto, joins Chris Storaker to explain how Robinhood Chain went from zero to 200 million transactions in a month, why permissionless stock tokens can now be redeemed even if Robinhood disappears, and how everyday users are earning yield through a fully insured DeFi lending product. A must-watch conversation on the future of tokenized finance, meme coins, and real-world assets on chain.
