Crypto Community

EXMO Pulls the Plug: Sanctions Force Exchange Wind-Down, Users Get IOU Tokens EXMO.com is shutting down after UK financial sanctions struck companies in its group. User balances have been cut by 29.4%, with the missing funds replaced by non-tradable USDRecover (USDRec) IOU tokens. Put pl ...

Alpaca Raises $135M to Expand Tokenized Stock Infrastructure Crypto brokerage Alpaca has raised $135 million to expand the systems that support tokenized U.S. stocks. Peak XV led the round, with Elefund, BNP Paribas' Opera Tech Ventures, and Unbound also participating. ...

Polygon Labs Cuts Jobs as It Absorbs Coinme and Bets on Payments Polygon Labs has announced another round of layoffs while finishing its integration of crypto exchange Coinme. The target is profitability by 2027. That date now matters. Polygon is dropping its old identity as a blockchain ...

Keyrock Buys BlockFills Assets as Institutional Crypto Derivatives Gain Ground Keyrock said Thursday that it had acquired the trading and brokerage assets of BlockFills' institutional digital asset business. The price: $3.25 million for the assets and certain liabilities. Small by Wall ...

MoonPay Buys Glide to Make Crypto Deposits Less Painful MoonPay's purchase of Glide, a startup founded by two Robinhood wallet veterans, expands its share of the crypto deposit business in 2026. The problem sounds mundane: getting money onto a platform without baffling new users. It isn' ...

Base Turns to Trading and AI as Robinhood Chain Gains Ground Base, the Ethereum Layer 2 (L2) incubated by Coinbase, is moving away from social apps and toward trading, payments, and AI agents. The pivot lands just as Robinhood Chain, another Ethereum L2, eats into Base's ...

Balaji's Malaysia Spat Exposes a Problem for Crypto Utopias Balaji Srinivasan may scrap a $122 million expansion in Malaysia after authorities investigated his Forest City tech community over allegations that it hosted Israeli citizens. Srinivasan founded the Network School and is a for ...

Trump speech rattles crypto as Bitcoin, Ethereum, and XRP dip President Trump's primetime address on July 16, 2026, began with an upbeat take on the economy, then veered into allegations of serious flaws in U.S. election systems. Crypto slipped as he spoke. Bitcoin fell. So did Ethereum ...

Arthur Hayes' 1,293 ETH buy fuels hopes for a move above $2K Arthur Hayes bought 1,293 ETH for $2.48 million, giving traders another sign that large holders may be accumulating Ethereum near $2,000. The purchase, ...

Trump Media Sells Wall Street Low-Latency Access, Crypto Markets Take Notice Trump Media said Thursday that it plans to sell Wall Street firms a paid API offering what the company calls "the fastest" access to posts on Truth Social, including those from Donald Trump. Institutional custo ...