Galaxy Digital shares fall 13% after $85 million quarterly loss

Galaxy Digital’s revenue miss highlights the volatility of crypto markets, but its AI pivot could stabilize future earnings amid market fluctuations. The post Galaxy Digital shares fall 13% after $85 million quarterly loss appeared first on Crypto Briefing.
SpaceX stock drops more than 8% Wednesday as record spending overshadows earnings beat

SpaceX’s high cash burn and Bitcoin holdings create financial uncertainty, impacting both equity and crypto markets amid investor scrutiny. The post SpaceX stock drops more than 8% Wednesday as record spending overshadows earnings beat appeared first on Crypto Briefing.
Anthropic’s Claude Opus 5 tops Fullstack Code Arena leaderboard, signaling AI’s next frontier for developers

AI’s evolving capabilities in full-stack development could revolutionize software engineering, enhancing productivity and innovation. The post Anthropic’s Claude Opus 5 tops Fullstack Code Arena leaderboard, signaling AI’s next frontier for developers appeared first on Crypto Briefing.
FORMS HK, Chainlink, Apex Group and CSpro launch tokenized securities framework in Hong Kong

The new framework could significantly enhance Hong Kong’s financial market efficiency and global competitiveness in tokenized securities. The post FORMS HK, Chainlink, Apex Group and CSpro launch tokenized securities framework in Hong Kong appeared first on Crypto Briefing.
Chainlink Powers Onchain Finance as Traditional Banking Shifts
In a significant statement, Grayscale has highlighted that traditional finance is increasingly moving onchain, with Chainlink ($LINK) playing a pivotal role in this transformation. This insight, shared by Grayscale’s Head of Research, points to the necessity of real-world data for blockchain applications, making Chainlink’s infrastructure essential for financial operations. This shift could attract more institutional […]
Elliptic Highlights Credit Unions’ Hidden Crypto Exposure
Elliptic has uncovered that most credit unions already have significant exposure to cryptocurrency through member transactions, payment processors, and fintech partnerships. This revelation highlights the importance of recognizing crypto exposure for compliance obligations. As institutions navigate this evolving landscape, understanding these dynamics can impact future regulatory measures. For further insights, see Elliptic’s detailed analysis here. […]
NFT Founder Charged With Fraud Over $10 Million Token Sale, DOJ Says
Federal prosecutors have indicted Taj Tarsha, founder of the NFT startup Few and Far. They accuse him of stealing more than $10 million raised to build a decentralized marketplace. The US Attorney’s Office for the Southern District of New York announced the charges on Wednesday. Tarsha, 34, of Miami, faces one count of securities fraud […]
ADP reports fewest new jobs added in six months as labor market cools

A cooling labor market may prompt the Fed to ease monetary policy, potentially boosting riskier assets like equities and cryptocurrencies. The post ADP reports fewest new jobs added in six months as labor market cools appeared first on Crypto Briefing.
Iran, Oman agree on proposed shipping route through Strait of Hormuz

The Iran-Oman shipping route agreement may ease regional tensions and boost diplomatic efforts, impacting global energy supply dynamics. The post Iran, Oman agree on proposed shipping route through Strait of Hormuz appeared first on Crypto Briefing.
Strategy’s Michael Saylor outlines plan for perpetual Bitcoin buying

Saylor’s strategy hinges on Bitcoin’s growth; a downturn or market shift could challenge sustainability and investor demand for STRC. The post Strategy’s Michael Saylor outlines plan for perpetual Bitcoin buying appeared first on Crypto Briefing.