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DeFi Development Shares Tumble After Disclosing $125M Equity Raise to Accelerate Crypto Treasury Strategy

DeFi Development Shares Tumble After Disclosing $125M Equity Raise to Accelerate Crypto Treasury Strategy

By Connor HartShares of DeFi Development fell after the company said it would sell $125 million worth of shares and warrants to further build its Solana treasury.The stock sank 17%, to $16.69, in morning trading Monday. Through Friday's close, shares have surged more than 27 times their value in the…

Sharps Technology soars after over $400 million raise to hoard crypto token Solana 

Sharps Technology soars after over $400 million raise to hoard crypto token Solana 

** Medical device and pharmaceutical packaging firm Sharps Technology's shares jump as much as 80.6%; last up 53.2% at $11.27** STSS announces over $400 million private placement to hoard crypto token Solana** Investors such as asset managers Monarq, ParaFi, and Pantera participated in the transact…

How Eric Trump Became One of Crypto's Greatest Evangelists — WSJ

How Eric Trump Became One of Crypto's Greatest Evangelists — WSJ

By Vicky Ge HuangEric Trump wasn't always a crypto bro. He says banks made him this way.In early 2021, not long after the Jan. 6 riot at the U.S. Capitol, several banks that the Trumps did business with cut them off, shutting down hundreds of accounts for the family's businesses without citing an ex…

Correction to Trump Family Cashes In Article on Aug. 23 — WSJ

Correction to Trump Family Cashes In Article on Aug. 23 — WSJ

The $Trump memecoin was launched in January this year. "The Trump Family Cashes In on 'the Infinite Money Glitch,'" at 11 p.m. ET on Aug. 23, incorrectly said it launched last year.

Ether Surges After Powell Speech Renews Rate-Cut Hopes — WSJ

Ether Surges After Powell Speech Renews Rate-Cut Hopes — WSJ

By Vicky Ge HuangEther, the second-largest cryptocurrency, surged 14% on Friday after Fed Chair Jerome Powell's Jackson Hole remarks renewed hopes of an interest-rate cut as soon as September.Ether is up more than 40% so far this year, topping bitcoin's roughly 25% gain. The latest rally for both di…

US-listed crypto stocks climb after Powell's speech boosts rate cut hopes

US-listed crypto stocks climb after Powell's speech boosts rate cut hopes

** U.S.-listed shares of crypto and blockchain companies jump after Federal Reserve chair Jerome Powell's speech increases odds of rate cuts in September** Traders now put a nearly 90% probability on a rate cut in September, versus about 75% before Powell's remarks** A rate cut lifts the appeal of r…

Asia's wealthy investors seek more crypto in portfolios

Asia's wealthy investors seek more crypto in portfolios

Wealthy Asian families and family offices are ramping up their cryptocurrency investments, driven by the bullishness around digital assets, increased mainstream adoption and favourable regulatory developments in key markets.Wealth managers said they are receiving more enquiries, cryptocurrency e…

Bitcoin Falls as Fed Minutes Dampen Rate Cut Bets — Market Talk

Bitcoin Falls as Fed Minutes Dampen Rate Cut Bets — Market Talk

0709 GMT - Bitcoin falls after the Federal Reserve's latest meeting minutes dampened interest-rate cut expectations. The minutes showed most policymakers were more concerned about the risk of higher inflation than a slowdown in the labor market. The worse-than-expected July nonfarm payrolls report r…

Kyrgyzstan appeals to Trump, Starmer after UK imposes Russia-related sanctions

Kyrgyzstan appeals to Trump, Starmer after UK imposes Russia-related sanctions

Kyrgyzstan's President Sadyr Japarov appealed to the leaders of the United States and Britain on Thursday after London imposed sanctions on Kyrgyz crypto networks it said were being used by Russia to evade sanctions against Moscow."I would appeal to the top leadership of these countries, to (U.S…

Global Markets Slip Following Tech Selloff

Global Markets Slip Following Tech Selloff

By Dow Jones Newswires StaffU.S. stock futures started Wednesday lower after a tech-led selloff in the prior session. An MIT report said the vast majority of companies investing in generative AI have yet to see returns. Global stock markets mostly took their cue from that, too, albeit with a more mi…

Blockchain lender Figure Technology reveals revenue surge in US IPO filing

Blockchain lender Figure Technology reveals revenue surge in US IPO filing

Figure Technology Solutions' revenue surged 22% in the first half of 2025, the blockchain lender disclosed on Monday in its U.S. initial public offering paperwork, the latest crypto-linked firm set to hit the new listings market.A crypto-friendly environment under the Trump administration and th…

Financial Services Company FT Intermediate Files for IPO

Financial Services Company FT Intermediate Files for IPO

By Stephen NakrosisFT Intermediate, which uses blockchain technology to provide lending, trading and investing activities in areas such as consumer credit and digital assets, filed for an initial public offering on Monday with the U.S. Securities and Exchange Commission.The company, which will chang…