Robinhood tokens offering equity in OpenAI technically aren’t equity, Vlad Tenev confirmed in a recent CNBC interview, but are backed by “Robinhood’s ownership stake in a special purpose vehicle.” OpenAI warned earlier this month that the tokens being offered by Robinhood do
The U.S. Department of Justice (DOJ) has charged two individuals for their role in OmegaPro, a crypto and investment ponzi scheme which defrauded investors of over $650 million. Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who
Ripple’s push for a U.S. banking license has reignited bullish momentum for XRP, fueling a high-volume breakout above the $2.28 resistance level and setting up a potential test of $2.38 — a level that, if breached, could trigger a larger upside move.
Dogecoin surged 5% in the last 24 hours, climbing from $0.163 to $0.171 amid rising institutional accumulation and a technical breakout above key resistance. The most aggressive price action came between 12:00 and 13:00 UTC on July 6, when DOGE jumped from
Bitcoin is holding firm near $108,700 even as traditional markets recoil from renewed trade tensions sparked by Donald Trump. The U.S. president signaled plans to hike tariffs on imports, potentially as high as 50%, citing ongoing friction with the European Union over
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto
NEW YORK, New York — The U.S. Treasury Department’s Office of Foreign Asset Control’s (OFAC) sanctions against privacy tool Tornado Cash cannot be discussed at the upcoming trial of developer Roman Storm, a federal judge ruled Tuesday. At a status conference in
Native token of decentralized finance (DeFi) lender Aave AAVE on Tuesday rallied to its strongest price in three weeks, topping $290 as the DeFi lending sector is heating up. AAVE saw considerable volatility throughout Monday and Tuesday, rebounding from the nadir of
In case you missed it during the holiday week, collaborative design tool Figma filed to go public via IPO. Used by 95% of Fortune 500 companies and with $871 million of revenue over the trailing twelve months (up 49% Y/Y), Figma disclosed
Polygon’s native token POL (previously MATIC) rose nearly 3% over the past 24 hours, outperforming the broader market, after establishing multiple support zones, according to CoinDesk Research’s technical analysis data. The token climbed from $0.184 to $0.189 with a trading range of