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Robinhood Closes $180M WonderFi Deal, Crossing 1M International Customers as It Enters Canada
CeFi

Robinhood Closes $180M WonderFi Deal, Crossing 1M International Customers as It Enters Canada

The retail brokerage's first Canadian footprint comes via a year-late buyout of the operator of Bitbuy and Coinsquare, adding roughly 300,000 funded crypto customers in a single transaction.
Galaxy Launches Institutional OTC Prediction-Markets Desk With $10M Arca Trade on the CLARITY Act
TradFi & Fintech

Galaxy Launches Institutional OTC Prediction-Markets Desk With $10M Arca Trade on the CLARITY Act

Galaxy is bringing block-size, principal-counterparty execution to Kalshi and Polymarket event contracts, anchored by a $10 million swap that lets crypto hedge fund Arca hedge regulatory exposure to the Digital Asset Market Clarity Act.
MoneyGram Launches MGUSD Stablecoin on Stellar
TradFi & Fintech

MoneyGram Launches MGUSD Stablecoin on Stellar

The Dallas-based payments company is now the issuer of a U.S. dollar token on a public chain, with Stripe-owned Bridge as the regulated minter, M0 smart contracts handling supply, and Fireblocks holding the float.
Schwab Targets Mid-2027 Crypto Spot Trading and Custody for the $5.2T Advisor Channel
TradFi & Fintech

Schwab Targets Mid-2027 Crypto Spot Trading and Custody for the $5.2T Advisor Channel

Charles Schwab will extend Schwab Crypto from retail to its registered-investment-advisor clients by the middle of 2027, putting Bitcoin trading and storage inside the country's largest RIA custody platform.
Vitalik Buterin Proposes Options-Based DeFi to Replace Liquidation-Driven Debt Model
DeFi

Vitalik Buterin Proposes Options-Based DeFi to Replace Liquidation-Driven Debt Model

Ethereum co-founder Vitalik Buterin proposed splitting 1 ETH into two paired option assets that always sum back to 1 ETH, eliminating forced liquidations and letting synthetics rely on slow, prediction-market-style oracles.
$60M Polymarket Dispute Over Strategy's May Bitcoin Sale Puts UMA's Token-Voting Oracle on Trial
Markets

$60M Polymarket Dispute Over Strategy's May Bitcoin Sale Puts UMA's Token-Voting Oracle on Trial

A multi-million-dollar Polymarket contract on whether Strategy sold any bitcoin by May 31 has been disputed twice and is now in front of UMA tokenholders, reigniting an analyst argument that prediction-market oracles built on token voting are structurally unfit for high-stakes settlement.
Kalshi Files to Add Perpetual Futures on 12 Altcoins, Three Days After CFTC Cleared Its Bitcoin Contract
Regulation & Politics

Kalshi Files to Add Perpetual Futures on 12 Altcoins, Three Days After CFTC Cleared Its Bitcoin Contract

The CFTC-registered exchange has asked the agency to approve perpetuals on ETH, XRP, SOL, DOGE and nine others, pushing the new onshore perps market beyond bitcoin almost as soon as it opened.
CME Group Processes 7,200 Crypto Contracts in First Weekend of 24/7 Trading
TradFi & Fintech

CME Group Processes 7,200 Crypto Contracts in First Weekend of 24/7 Trading

The world's largest derivatives exchange flipped its cryptocurrency futures and options to always-on at 4 p.m. CT Friday, posting roughly $50 million in notional volume over the inaugural weekend and bringing a new Bitcoin volatility contract live alongside it.
Anchorage Digital Pushes Federally Chartered Settlement Into Non-Custodial DeFi With Coordinated Multiparty Layer
DeFi

Anchorage Digital Pushes Federally Chartered Settlement Into Non-Custodial DeFi With Coordinated Multiparty Layer

The OCC-chartered crypto bank is positioning its Atlas network as a coordinated multiparty settlement layer for institutional trading on Hyperliquid, Lighter, and Aave — letting funds touch live DeFi without moving assets offshore or prefunding venues.
Radiant Capital Winds Down to a $2M Husk, 20 Months After DPRK-Linked $50M Heist
DeFi

Radiant Capital Winds Down to a $2M Husk, 20 Months After DPRK-Linked $50M Heist

The cross-chain lender that once held more than $300M in deposits now has $2.21M in total value locked, a sub-$2M market cap, and no remaining major-exchange listing — the slow end-state of an October 2024 exploit Mandiant traced to North Korea.