In brief The lawsuit claims Iggy Azalea’s meme coin, MOTHER, was marketed with misleading promises. Investors point to failed integrations, including casino and telecom use. The Solana-based token has fallen more than 99% from its peak. Rapper Iggy Azalea is facing a class action lawsuit in federal court in New York over allegations that she…
In brief Bullish announced a definitive agreement to acquire transfer agent Equiniti from private equity firm Siris Capital for $4.2 billion. The transaction includes $1.85 billion of assumed debt and $2.35 billion in Bullish stock at $38.48 per share. The combined entity will serve nearly 3,000 public companies while building regulated infrastructure for tokenized securities….
In brief Michael Burry sold his entire GameStop position Monday after the company’s $55.5B eBay bid. He flagged debt levels incompatible with his “Instant Berkshire” thesis from January. The exit implies GME’s long-running status as a speculative bet, Decrypt was told. Michael Burry sold his entire GameStop position Monday following the company’s $55.5 billion eBay…
In brief An anonymous crypto whale sued Coinbase, alleging the platform refused to return their stolen funds. The stolen funds in question appear to trace to a $55 million DAI phishing attack in 2024. The victim says sleuths linked the stolen assets to Coinbase, which allegedly won’t release them without a court order. An anonymous…
In brief Google, Microsoft, and xAI agreed to give the U.S. government early access to frontier models for national security testing. President Donald Trump is reportedly considering an executive order regarding AI oversight, per a report. Anthropic’s new Claude Mythos model, which excels at finding cybersecurity vulnerabilities, sparked government concern. Some of the biggest players…
Open interest in perpetual futures markets and onchain trading patterns suggest some traders may have positioned ahead of Robinhood crypto listing announcements, according to a Monday report from analytics provider Kaiko. One of the clearest examples was wallet address ‘0xa1E,’ which Kaiko said opened a long position on Lighter (LIT) on decentralized exchange Hyperliquid at…
Digital asset investment products recorded $117.8 million in inflows last week, marking a fifth consecutive week of gains after a late-week rebound reversed earlier outflows. Crypto exchange-traded products (ETPs) shed $619 million across Monday through Thursday before a single-session inflow of $737 million on Friday flipped the week to positive, according to a report from…
In brief Crypto investment products recorded $117.8 million in inflows for the fifth consecutive positive week, the smallest of the streak. Four consecutive days of outflows from Monday to Thursday totaled $619 million. Friday’s $737 million single-day inflow reversed the trend, ranking among 2026’s largest daily sessions. Crypto investment products eked out $117.8 million in…
Bitcoin (BTC) climbed 3.5% this week to hit $81,325 on Tuesday, its highest level since January. But is Bitcoin’s multi-month highs just a bear-market rally, or has it already bottomed to resume the so-called “supercycle,” as some traders suggest? Key takeaways: Bitcoin may rally to $180,000–$200,000 as institutional accumulation offsets bear-market pressure Selling pressure remains…
Update May 5, 2026, 1:30 pm UTC: This article has been updated to add information from an SEC filing. Coinbase will cut about 14% of its workforce, or roughly 700 jobs, as CEO Brian Armstrong moves to make the crypto exchange leaner and more focused on artificial intelligence. Armstrong said in an email to employees…