Crypto Lending Protocol Morpho Raises $175 Million to Aid Wall Street’s DeFi Push

Circle has launched cirBTC on Ethereum, allowing institutions and BTC holders to deploy bitcoin as collateral in decentralized finance ( DeFi) markets without selling their underlying position. What cirBTC Is Every cirBTC token is backed 1:1 by native bitcoin. The underlying BTC is held at a regulated Circle entity and kept separate from the company’s […]

Wall Street has largely abandoned expectations for Federal Reserve rate cuts this year ahead of the first Federal Open Market Committee meeting led by Fed Chair Kevin Warsh on June 16-17. According to a Reuters survey conducted between June 4…

Alphabet's massive equity raise underscores AI's pivotal role in future tech investments, signaling a shift towards aggressive capital deployment. The post Alphabet raises $85B in equity as Wall Street bets big on AI infrastructure appeared first on Crypto Briefing.

Another sell-off for high-flying artificial-intelligence stocks is dragging Wall Street sharply lower on Tuesday. The S&P 500 dropped 1.7% after careening between an early gain of 1% and a loss of 2.3%, sinking further from its all-time high set a week ago. The Nasdaq composite was 2.9% lower, and the Dow Jones Industrial Average was down 408 points, or 0.8%, […]

ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

Wall Street collapsed and bitcoin tumbled Tuesday after Iran shot down a U.S. military helicopter over the Strait of Hormuz, torching an earlier ceasefire rally and sending markets into a sharp risk-off spiral. Markets Get Crushed The Nasdaq Composite shed 844 points, falling to 25,085, its steepest single-session drop since last week’s brutal selloff. The […]

A rush of mega-IPOs from OpenAI, Anthropic, and SpaceX could mint fortunes—and test whether the AI boom has gotten ahead of itself.

Cardano’s total value locked dropped close to 30% in June, sliding from $129 million to $92 million — a fall that closely tracks ADA’s own price decline of 27% over the same stretch. Yet one platform inside the ecosystem is pushing back hard against the idea that the network is finished. DexHunter, a Cardano-based DEX aggregator, took to X to argue that the blockchain is more alive than ever, citing a sharp spike in trading activity as proof that user engagement remains strong despite ADA’s price weakness. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment A Surge, Then A Pullback Daily DEX trading volume on Cardano shot up from roughly 6 million ADA to 25 million ADA across four days, one of the steepest volume increases in recent months. DexHunter attributed that spike to heavy trading in tokens including NIGHT, STRIKE, and SNEK, as well as stablecoins such as USDCx. Volume has since retreated to around 7.45 million ADA, down 11% in the most