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.

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 […]