Gryphon Approves Merger with American Bitcoin
Gryphon Digital Mining has secured shareholder approval for its long-awaited reverse merger with American Bitcoin Corp., clearing the way for the combined company to debut on Nasdaq under the ticker symbol ABTC in early September. The move marks the retirement of Gryphon’s brand and the launch of a bold new phase for the Bitcoin-mining sector. […]
Tokenized Alternative Funds See Explosive Growth, Surging to $1.7 Billion in a Month
The market for tokenized institutional alternative funds has recorded a sharp upswing, jumping 47% in just 30 days to reach nearly $1.74 billion. The rapid growth highlights the increasing investor appetite for real-world asset tokenization and the broader integration of traditional finance with blockchain technology. Among the key drivers of this surge is Centrifuge, which […]
CoinShares Strengthens Market Position With $3.46B AUM in Q2
CoinShares, one of Europe’s largest digital asset investment firms, reported a significant rise in assets under management (AUM) during the second quarter of 2025, reflecting renewed investor appetite for cryptocurrency-linked products. According to its latest earnings release, the company’s AUM grew 26% quarter-on-quarter, reaching $3.46 billion by the end of Q2. The surge in managed […]
US Banks Linked to $312B Money Laundering, Renewing Debate Over Crypto’s Role
U.S. regulators face renewed pressure after revelations that American banks handled more than $312 billion in suspicious transactions tied to Chinese money laundering networks between 2020 and 2024. The figures, published this week in a Treasury Department report from the Financial Crimes Enforcement Network (FinCEN) , paint a troubling picture of the traditional financial system’s […]
Fenwick Denies Allegations of Key Role in Multibillion-Dollar FTX Fraud
Fenwick & West, the law firm once representing the collapsed crypto exchange FTX, has strongly denied allegations that it played a central role in one of the largest financial frauds in history. The firm, which advised FTX on regulatory and corporate matters before the company’s downfall in late 2022, is facing increasing scrutiny amid lawsuits […]