Virtu Financial, M1X Global and Tradeweb completed an institutional repurchase transaction using a sovereign digital bond on Aug. 27, with the full repo and repurchase cycle settling on the Canton Network in under 10 minutes. Summary Virtu, Tradeweb and M1X completed an onchain repo cycle on Canton within ten minutes total. USDM1 served as collateral…
Apple sold more iPhones even as the global smartphone market moved sharply in the opposite direction. The iPhone 17 was the world’s best-selling smartphone in the second quarter of 2026, accounting for 6% of global smartphone unit sales, according to Counterpoint Research’s Global Handset Model Sales Tracker. The result marks the second straight quarter in…
Key Takeaways California holds $15.485B across 84M unclaimed properties for nearly 39M residents. Texas holds $10.5B as estimates show 1 in 10 Americans may have unclaimed property. California returned $534M in 2024/25 as Malia Cohen urges residents to search for funds. California is sitting on $15,485,000,000 in lost assets and money, according to the California…
Strong ETF demand is supporting the rally, but fading short covering and lingering macro risks could slow its momentum. Bitcoin’s latest rally appears to be driven partly by short covering rather than fresh leveraged positions, according to QCP Research. Open interest has fallen as BTC advanced, while strong spot ETF inflows have provided additional…
For years, spotting a scam was supposed to be a cinch. The email came from a suspicious address, the spelling was primary school level, the promise was hilariously unlikely, and somewhere in the middle sat a link that was an alphanumeric stew. Ignore it, delete that, and carry on. Right? That advice still has some…
BitGo Holdings completed its acquisition of NYDIG’s institutional trading business on Aug. 27, adding derivatives, structured products, execution and financing services to its U.S. institutional platform. Summary BitGo completed its acquisition of NYDIG’s institutional trading business, though financial terms remained undisclosed publicly. Approximately 30 NYDIG employees joined BitGo alongside institutional client relationships included in the…
A federal judge on Thursday barred the Trump administration from designating Anthropic a national security risk over a dispute about the use of its AI models, ruling that the designation amounted to unconstitutional retaliation. The decision handed down by US district judge Rita Lin in California vacated the February 27 decision by defense secretary Pete…
Key Takeaways U.K. plans a second Bank of England objective to support stablecoins and digital payments. Bank of England’s new remit could speed tokenized finance while keeping stability. House of Lords debates the change Sept. 7 and 9, shaping the U.K.’s next stablecoin rules. Lucy Rigby Backs New Bank of England Mandate for Digital Finance…
Mark your calendars: on Thursday night, September 10, StrictlyVC — TechCrunch’s boutique evening series — is heading to New York’s West Village (the real one — brownstones, cobblestones, and all — not the Mission Bay stretch of San Francisco that’s earned the nickname “Vest Village” for all the Patagonia-clad VCs roaming around). It’s our first…
Aave V4 deposits have reached a record $806 million after climbing 30% over seven days, while active loans have increased to $206 million. Summary Aave V4 deposits rose above $800 million within six days of crossing $600 million. Ethereum Core leads the six listed markets with $378 million in deposits. Active EtherFi loans reached $62…
