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Aave Founder Rejects Reported Kraken Stake Deal at $385…

Why Did The Reported Aave Valuation Trigger Pushback? Aave founder Stani Kulechov pushed back against a report that Kraken parent firm Payward is in talks to buy a 15% stake in the protocol at a $385 million valuation, a figure that would place the deal at a steep discount to the AAVE token’s fully diluted

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USDt Becomes Second-Largest Crypto as Ether Market Cap…

Why Did USDt Move Ahead of Ether? Tether’s USDt has become the second-largest cryptocurrency by market capitalization after Ether fell to its lowest price of the year on Friday, marking a symbolic shift in a market increasingly favoring liquidity and stability over volatile network tokens. Ether’s market capitalization dropped below $185 billion after a 5.2%

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Ripple Nearly Shut Down Instead of Fighting SEC,…

Why Did Ripple Consider Closing the Company? Ripple came close to shutting down rather than fighting the U.S. Securities and Exchange Commission after the agency sued the company in 2020, Chief Executive Brad Garlinghouse said this week. Speaking at the University of Kansas School of Business, Garlinghouse said he and co-founder Chris Larsen seriously considered

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Ripple Launches RLUSD Stablecoin in Japan Through SBI VC…

Ripple has launched its RLUSD stablecoin in Japan through SBI VC Trade, marking a significant step in the company’s effort to expand regulated dollar-backed stablecoin distribution across major financial markets. SBI VC Trade, the crypto exchange and electronic payment instruments business under SBI Group, said it began handling RLUSD on June 24, 2026, after scheduled

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Business

Kalshi Reportedly Seeks New Funding at $40 Billion Valuation

Kalshi is reportedly in advanced talks to raise new funding at a valuation of about $40 billion, marking another sharp increase for the U.S.-regulated prediction market platform as investor demand accelerates across the event-contract sector. The reported valuation would nearly double Kalshi’s most recent disclosed mark. In May 2026, the company announced a $1 billion

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Coinbase CEO Says More Deals Possible After $2.9 Billion…

Coinbase Chief Executive Brian Armstrong has said the company remains open to additional acquisitions after its $2.9 billion Deribit deal, signaling that the largest publicly traded U.S. crypto exchange is prepared to use its balance sheet and public-market position to accelerate growth. Speaking on Bloomberg Television, Armstrong said Coinbase is “always looking” at merger and

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Coinbase Secures Luxembourg MiCA License to Serve All 27 EU…

Coinbase has secured a Markets in Crypto-Assets license from Luxembourg’s financial regulator, giving the U.S. crypto exchange a single regulatory base to offer crypto products and services across all 27 European Union member states. The license was granted by Luxembourg’s Commission de Surveillance du Secteur Financier, or CSSF, under the EU’s MiCA framework. Coinbase said

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Bitcoin and Ether ETFs Lose Nearly $500 Million as Outflows…

U.S. spot crypto exchange-traded funds recorded nearly $500 million in combined net outflows on June 24, as Bitcoin ETFs faced their heaviest pressure in days and Ether funds extended a negative flow streak. Spot Bitcoin ETFs posted $469.0 million in net outflows, led by redemptions across several of the largest issuers. BlackRock’s IBIT lost $239.3

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Galaxy Backs Tokenet As Crypto Lending Tries To Rebuild On…

Galaxy Digital has made a strategic investment in Digital Prime Technologies, deepening its relationship with the company behind Tokenet, an institutional digital asset lending platform developed with EquiLend. The investment follows Galaxy’s role as a launch participant on Tokenet, which went live in May 2026 and applies securities lending workflows, risk controls and lifecycle management

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CertiK Joins XDC Network as Institutional Masternode…

Key Facts CertiK announced on 25 June 2026 that it has joined the XDC Network as an institutional masternode validator. Under an agreement between the two organisations, CertiK will deploy and operate validator nodes via its enterprise node solution, CertiK SkyNode. The deployment uses a multi-region sentry node architecture with redundant failover, 24/7 vulnerability scanning,

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