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View More NewsEDX Markets, a cryptocurrency exchange focused on institutional investors, has raised $76 million in a Series C funding round led by Japan’s SBI Holdings, marking one of the larger funding rounds this year for crypto market infrastructure as institutional adoption continues to expand.The company said Monday it will use the proceeds to expand its spot trading, clearing and settlement services, develop new products and grow internationally. EDX operates a US-focused institutional spot exchange and a Singapore-based perpetual futures venue for eligible non-US institutional clients.The latest round builds on previous backing from traditional financial companies, including Citadel Securities, Fidelity Digital Assets,…
Tokenized equities posted record trading activity in June as investors piled into blockchain-based versions of SpaceX (SPCX) stock following the aerospace company’s blockbuster initial public offering.On-chain trading volume climbed 145% from May to $3.86 billion, according to CoinDesk Data’s latest Stablecoins & Tokenized Assets report. Tokenized SpaceX shares accounted for $1.19 billion of the total, or about 31% of all tokenized equity trading during the month.The surge followed SpaceX’s $75 billion IPO, the largest on record, which valued the company at roughly $1.8 trillion on a fully diluted basis.Backpack Securities’ SPCX token was the most popular tokenized version of the…
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Happy Tuesday, and welcome to another edition of Rent Free. This week’s newsletter includes stories on: Los Angeles officials’ decision to charge six men with felonies for offering to build an accessory dwelling unit on a fire-ravaged property in the…
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Science does not often advance in sudden epiphanies that yield “Eureka” moments. More typical are years of failed experiments, dogged hypothesis-testing, and incremental discoveries that are, at best, inconclusive. And then, sometimes, eventually, the accumulated knowledge results in a breakthrough. Two recent examples are stunning advances in cancer medicine—one for pancreatic cancer, the other for melanoma—that are rewriting what doctors can promise their patients. But to understand why these achievements matter so profoundly, it is instructive to appreciate how long they took.A Pill That Doubled Survival for the Disease That Kills Almost EveryonePancreatic cancer is the third-leading cause of cancer…
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Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
Nasdaq-listed Coinbase (COIN) has secured U.K. regulatory approval to offer equities and derivatives alongside crypto, expanding its product suite in one of its largest…
Non-custodial multichain cryptocurrency wallet Ctrl Wallet will shut down its services, weeks after a security exploit, and told users on Tuesday to withdraw their…
In brief Two traders sued Polymarket in New York, alleging it wrongly resolved a market on whether Strategy would sell Bitcoin by May 31…
In brief MIT researchers tracked 67 participants over four weeks using an AI-powered misinformation detection system. Accuracy improved by 21% during AI-assisted sessions, while…
Enshittification isn’t just a sweary word to describe the accelerating decay of the online platforms, apps, and services that we rely on. It’s a framework for understanding the structural…
from the rebuilding-a-better-internet dept Last month Terry Godier published a great essay on his website about “the boring internet,” discussing how the internet that…
From today’s opinion by Magistrate Judge Enjoliqué A. Lett (S.D. Fla.) in Trump v. BBC: On December 15, 2025, Plaintiff initiated this action, and…
New York, June 10, 2026 —The Committee to Protect Journalists calls on Azerbaijan to drop charges against journalists and other individuals associated with leading…
The customer experience industry will become a $5 trillion market by 2030, according to Netomi founder and CEO Puneet Mehta, who says that growth…
Prediction markets overtook onchain gambling for the first time in the opening quarter of 2026, recording $36.6 billion in volume compared with gambling’s $14…
In brief Instant crypto swaps enable crypto holders to convert one token to another, either using a centralized exchange, a DEX, or a non-custodial…
