MoonPay acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to expand cross-chain crypto deposit infrastructure. MoonPay has acquired the crypto infrastructure startup Glide, integrating Glide’s deposit and routing technology, the companies said in a joint announcement shared with Cointelegraph on Thursday. MoonPay, a financial technology platform that provides fiat-to-crypto payment services,...Continue Reading

ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of decentralized finance, saying institutions will increasingly rely on DeFi rails. ARK Invest’s director of research pushed back against investor a16z crypto’s thesis that traditional finance will adopt blockchain through permissioned infrastructure rather than decentralized finance (DeFi)....Continue Reading

Visa and Artemis found that infrastructure bottlenecks are preventing broader commercial adoption of the autonomous AI agent economy. Artificial intelligence (AI) agents are posing a challenge to the incumbent global card payments infrastructure that is struggling to process high-frequency micropayments, according to a joint report released by payments giant Visa and investment thesis platform Artemis....Continue Reading

The Senate approved a resolution opposing clemency for former FTX CEO Sam Bankman-Fried as prediction markets put the odds of a Trump pardon by July 31 below 1%. The US Senate has adopted a resolution opposing executive clemency for former FTX CEO Sam Bankman-Fried, the convicted crypto executive behind one of the industry’s largest collapses....Continue Reading

Bitcoin realized losses appeared to be copying a reversal structure that marked previous bear-market bottoms, with $69,000 a new BTC price battleground. Bitcoin (BTC) “cycle peak buyers” could already be pointing the way to the next bear-market bottom. Key points: Read moreContinue Reading

Tether reportedly invested $20 million into Ualá, as part of the Argentine neobank’s $197 million funding round announced earlier in March. Stablecoin giant Tether reportedly invested $20 million in the Argentine neobank Ualá, as part of its broader push in Latin America. The investment formed part of a $197 million equity funding round announced by...Continue Reading

Vlad.fun suspended its platform after discovering a “serious internal integrity issue” involving members of its team, without disclosing the nature of the alleged misconduct. Robinhood Chain memecoin launchpad Vlad.fun has suspended operations after discovering what it described as a “serious internal integrity issue” involving members of its own team. The project said Wednesday that it...Continue Reading

The deal gives Hyperion an equity stake in Skew and a share of listing-service revenue as it expands the utility of its HYPE treasury assets. Nasdaq-listed Hyperion DeFi said it entered an agreement with Skew Technologies to deploy 500,000 Hyperliquid (HYPE) tokens to support institutional perpetual futures markets on Hyperliquid’s HIP-3 permissionless listings. Under the...Continue Reading

US President Donald Trump is set to meet with several senators on Thursday as negotiators race to get the CLARITY Act across the line before the Senate’s August recess. US President Donald Trump is set to meet with several senators at the White House on Thursday to discuss progress on the crypto market structure bill. ...Continue Reading

Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving crypto adoption. Base creator Jesse Pollak says he is stepping back from leading the Base App after admitting he made a “wrong bet” on social, leaving the chain to fall...Continue Reading