Coinbase in S&P 500: More crypto firms to come?

Coinbase in S&P 500: More crypto firms to come?

“This normalizes crypto exposure in conservative portfolios that might otherwise avoid digital assets,” said Bitpace’s Meryem Habibi. This past week, Coinbase joined the S&P 500, one of the world’s most elite stock indexes — a triumph for the crypto firm, which spent much of the 2020s battling US government agencies like the SEC and Commodity…

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Startups Weekly: Cutting through Google I/O noise

Startups Weekly: Cutting through Google I/O noise

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Despite Google I/O capturing as much attention as anticipated, some startups still took their chances and shared announcements this week, while others simply had to go with…

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Judge overturns fraud convictions in Mango Markets exploit case

Judge overturns fraud convictions in Mango Markets exploit case

A US judge vacated Mango Markets exploiter’s fraud convictions, ruling the DeFi protocol’s permissionless design left no room for misrepresentation. A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets. On Friday,…

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Hyperliquid backs 24/7 crypto trading in CFTC comments submission

Hyperliquid backs 24/7 crypto trading in CFTC comments submission

Decentralized exchange Hyperliquid has submitted formal comments to the US CFTC supporting 24/7 perpetual derivatives trading. Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC). In a May 23 X post, Hyperliquid Labs announced that it…

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VanEck to launch Avalanche ecosystem fund

VanEck to launch Avalanche ecosystem fund

Idle capital will be deployed onchain into real-world asset (RWA) projects, the asset manager said. VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors,…

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