Business

Robinhood’s Chief Operating Officer for crypto Tanya Denisova is leaving the company

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Robinhood Crypto Chief Operating Officer Tanya Denisova is leaving the company, according to two people with knowledge of the matter. Denisova had been employed by the popular trading platform for over five years, according to her LinkedIn profile. Neither Robinhood nor Denisova responded to requests for comment. The departure comes amid Robinhood missing its first-quarter […]

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F2Pool founder who controls 11% of bitcoin’s hashrate to lead first SpaceX mission to Mars

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Chun Wang, the Chinese-born Maltese-Kittian crypto investor who co-founded F2Pool, has been named mission manager for SpaceX’s first commercial human spaceflight interplanetary mission to Mars, crucial to Elon Musk’s plans to send a million people to the Red Planet. Wang, whose mining pool controls about 11.3% of the global Bitcoin network’s hashrate and whose personal

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Tom Lee says SpaceX, OpenAI and Anthropic IPOs could reshape markets

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Tom Lee, chairman of Bitmine Immersion Technologies and co-founder of Fundstrat, doesn’t expect the coming wave of mega IPOs to derail markets, even though they could eclipse the entire dot-com boom in scale. Lee recently discussed the potential impact of SpaceX, Anthropic and OpenAI listings, which could release trillions of dollars in new equity supply

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SEC Commissioner Peirce Counters Views That Crypto Rule Will Promote Synthetic Tokens

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The long-awaited US Securities and Exchange Commission rule that begins to allow the tokenization of securities — a change that could have profound effects on financial markets — has faced the contentious view that it will allow synthetic tokens, but a commissioner has taken the unusual step of posting opinions on the unpublished rule to

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Why Minnesota is empowering local banks to fight Wall Street for crypto revenue

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Financial institutions in Minnesota can no longer afford to remain on the sidelines as Wall Street aggressively seizes digital asset infrastructure, driving a legislative push at the state level to stop deposit flight and insulate the local economy, a local lawmaker and a banker told CoinDesk. “Over the past several years, I have consistently heard

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Trump Media Moves Another $205M In Bitcoin As Crypto Betting Losses Rise To $455M.

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Trump Media & Technology Group (DJT), the parent company of Truth Social, has transferred another 2,650 bitcoin BTC$76,705.48 to Crypto.com in a move that is likely to intensify scrutiny of the company’s struggling cryptocurrency strategy. At current market prices, the transfer is worth about $205 million, with bitcoin trading at approximately $77,341 per share. token.

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Tom Emmer clears up law enforcement’s concerns about the Clarity Act

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Latest developments: Joining CoinDesk’s The Policy Protocol, Emmer said the Senate’s bipartisan movement on the Clarity Act shows crypto legislation still has momentum despite growing uncertainty in Washington. Emmer pointed to the Senate Banking Committee’s 15-9 vote that advanced the bill and argued that support extends beyond Republicans. He said Parliament has spent years refining

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Congress hits Polymarket and Kalshi with a massive investigation into insider trading

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The US House Oversight Committee is planning an investigation into the biggest prediction market platforms over suspicions that government employees could exploit classified information for personal gain. Rep. James Comer, R-Ky., chairman of the House Oversight and Government Reform Committee, is seizing the internal records of the CEOs of Polymarket and Kalshi to determine whether

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Bitcoin continues to hold the pattern near $77,000 before Kevin Warsh takes over at the Fed

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As has been the case all week, bitcoin (BTC) is trading in a tight range around the $77,000 level in US morning action. There was some financial news on Friday morning, and it wasn’t pretty. The University of Michigan Consumer Sentiment Index for May fell to a record low of 44.8 from 48.2 previously and

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