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Second Circuit Affirms SBF’s Fraud Conviction and 25-Year Sentence
Regulation & Politics

Second Circuit Affirms SBF’s Fraud Conviction and 25-Year Sentence

A three-judge Second Circuit panel affirmed Sam Bankman-Fried’s conviction on seven counts of fraud and conspiracy, along with his 25-year prison sentence, closing his primary legal path to overturning the 2023 verdict.
SpaceX Begins Nasdaq Trading With Tokenized Versions Mirroring Largest IPO in History
Markets

SpaceX Begins Nasdaq Trading With Tokenized Versions Mirroring Largest IPO in History

SpaceX opened for trading on Nasdaq Friday under SPCX, completing what Nasdaq and Morgan Stanley confirmed as the largest IPO in history at $75 billion pre-greenshoe.
Monero Jumps 30% After ZachXBT Traces $120M USDT Laundering Run Through Privacy Coin
Markets

Monero Jumps 30% After ZachXBT Traces $120M USDT Laundering Run Through Privacy Coin

Monero surged roughly 30% to an intraday high of $438 on Thursday after blockchain investigator ZachXBT traced a $120 million USDT movement that included large purchases of the privacy coin, with Tether subsequently freezing $72 million in connected funds.
SpaceX Opens for Public Trading Friday With a Live Crypto Tokenized-Equity Stack Behind It
Markets

SpaceX Opens for Public Trading Friday With a Live Crypto Tokenized-Equity Stack Behind It

SpaceX begins trading on Nasdaq at 9:30 AM ET Friday under SPCX. The same morning, Ondo's SPCXon, Kraken's xStocks SPCXx, a Backpack Securities-issued SPCX token on Solana, and Hyperliquid's pre-IPO perpetual all settle into a single live tokenized-equity stack.
Solana Foundation Launches Frontier Traders, an Institutional Program for $500M+ Volume Firms
Blockchains

Solana Foundation Launches Frontier Traders, an Institutional Program for $500M+ Volume Firms

The Solana Foundation formalized Solana's institutional market-structure tier with Frontier Traders, requiring $500M in trailing 30-day DEX volume for VIP access, with the debut campaign running on SpaceX tokenized equity.
Bitcoin Rises Above $63,000 as Trump Cancels Iran Strikes and Signals Peace Deal
Markets

Bitcoin Rises Above $63,000 as Trump Cancels Iran Strikes and Signals Peace Deal

Bitcoin climbed above $63,000 Thursday after President Trump announced via Truth Social that he was canceling scheduled U.S. military strikes against Iran and signaling that a multi-nation agreement was close, citing approvals from Israel, Saudi Arabia, the UAE, Qatar, Turkey, and other regional powers.
Fidelity’s Dollar Stablecoin Taps Curve and Uniswap as Its DeFi Liquidity Layer
DeFi

Fidelity’s Dollar Stablecoin Taps Curve and Uniswap as Its DeFi Liquidity Layer

The Fidelity Digital Dollar stablecoin deployed Curve Finance Stableswap LP positions and Uniswap LP positions simultaneously in a single Ethereum block Thursday evening, with Curve founder Michael Egorov noting the same-block execution as evidence of DeFi operational expertise.
LG Electronics Pilots On-Chain Ad Network Built on Arbitrum Layer 2
Blockchains

LG Electronics Pilots On-Chain Ad Network Built on Arbitrum Layer 2

LG Electronics is building a blockchain-based advertising network on its own Arbitrum-derived Layer 2, with a pilot completed and a commercial launch targeted for later this year.
IC3 Paper Finds Most AI Agent Platforms Show No Evidence of Autonomous On-Chain Trading
DeFi

IC3 Paper Finds Most AI Agent Platforms Show No Evidence of Autonomous On-Chain Trading

New IC3 research finds most AI-agent crypto platforms show no clear evidence of autonomous trade execution, despite combined token valuations exceeding $3 billion. The paper covers 1,900+ surveyed projects and finds token holders lost $191.7M collectively while the top 1% captured 81.4% of gains.
Coinbase Adds Two USDC Lending Vaults on Morpho, With a Choice of Risk Tier
CeFi

Coinbase Adds Two USDC Lending Vaults on Morpho, With a Choice of Risk Tier

Coinbase has launched two onchain USDC lending vaults built on Morpho and curated by Steakhouse Financial: a conservative Prime tier backed by BTC and ETH collateral, and a Higher Yield tier drawing on Ethena-powered assets.