Headlines from trusted sources around the world. Read, summarised and impact-rated by our AI editor twice a day. Green is good for crypto, red is bad, grey is neutral.
OKX, Kraken and Hyperliquid are adding perpetual futures for stocks, commodities and index funds. The shift comes as CEX trading volumes fell 11% to $4.61 trillion, and platforms race to keep trader capital from leaving crypto wallets.
Binance Wallet, Bybit and Bitget canceled SpaceX pre-IPO token offerings and refunded customers after failing to secure actual shares, highlighting that tokenization's real challenge is access to the underlying asset, not the technology.
Binance, Bybit, Bitget Wallet and MEXC canceled tokenized SpaceX IPO campaigns after Kraken-owned xStocks failed to deliver the underlying assets, forcing refunds to users.
Binance is refunding all $557M in SpaceX IPO subscriptions after xStocks failed to deliver enough shares. CZ also announced a $1M SPCXB token airdrop as compensation for affected users.
Coinbase will unveil the next phase of its 'Everything Exchange' on June 16, aiming to unify crypto, stocks, commodities, derivatives, payments, and lending in one platform. COIN stock gained 2.58% on the news.
Binance, Bybit, and Bitget refunded customers after tokenized-equity platform xStocks failed to secure SpaceX IPO allocations. SpaceX shares (SPCX) are up 26% from their $135 IPO price.
Bybit refunded all SpaceX IPO subscription funds after xStocks failed to deliver the underlying assets. Binance also canceled its IPO campaign, distributing $1 million in bStocks tokens to affected users.
A Seychelles court ruled KuCoin must pay a Swiss investor over $2M after the exchange declared his delisted CHP tokens "abandoned." The investor says KuCoin still hasn't paid and plans further legal action.
SpaceX priced the largest IPO in history at $135 per share, raising $75 billion. Crypto platforms Backpack and Sunrise launched tokenized SPCX shares on Solana, while SpaceX holds 18,712 Bitcoin worth nearly $1.2 billion.
Bitget has registered as a Virtual Asset Service Provider (PSAV) in Argentina under the CNV registry, allowing it to operate under AML/CFT oversight. Argentina has 20% of its population using digital assets, making it one of Latin America's most active crypto markets.
Bitget made Level 2 US stock market data free for eligible users, providing 40 levels of bid/ask depth data that was previously only available to institutional investors.
Binance raised over $557M in USDC from 27,689 wallets for a tokenized SpaceX pre-IPO campaign, signaling strong demand for crypto-based pre-IPO exposure ahead of SpaceX's Nasdaq debut.
South African exchange VALR processed over $20 billion in stablecoin volume in the past year, driven by growing demand for dollar-backed digital assets in cross-border payments and trading across Africa.
Self-custody wallet Exodus partnered with Ondo Finance to launch a marketplace for over 200 tokenized stocks, ETFs and real-world assets on Solana. The tokenized equities sector has surged 139% in the past month to $3.5 billion.
Coinbase launched Coinbase for Agents, a tool that lets AI agents trade crypto, make payments, and manage portfolios within user-defined limits. It works with ChatGPT, Claude, and other AI platforms.
South Korean police have booked Bithumb CEO Lee Jae-won on bribery charges for allegedly hiring a lawmaker's relative in exchange for favorable regulatory treatment. Police raided Bithumb twice this year.