Circle has formally filed an S-1 application to conduct an initial public offering (IPO), according to an April 1 filing submitted to the Securities and Exchange Commission (SEC).
The New York Attorney General and Galaxy Digital have agreed to a settlement over the firm's handling of LUNA before its 2022 collapse.
Sam Bankman-Fried, the convicted founder of the now-bankrupt crypto exchange FTX, has been moved from the federal jail in New York City to a transit facility in Oklahoma City.
The perpetual exchangeβs HLP vault was down $10 million on an absorbed position before the team intervened and closed the position at a profit, casting doubts on its decentralization claims.
The cryptocurrency market posted mild gains on Tuesday following a strong rebound on Monday, driven by President Donald Trump's more flexible stance on upcoming tariffs.
Bitcoin led the recovery, while Ethereum recorded the largest outflows.
The U.S. Department of the Treasury lifted its sanctions against Tornado Cash, a censorship-resistant cryptocurrency mixer. The U.S. sanctioned the mixer in 2022 for money laundering.
Anticipated moves by President Trump and Senate Republicans appear intent on using crypto policy to achieve a broader goal: ending the Fedβs independence.
"I'm finally able to announce that this case has ended. It's over," Garlinghouse said in a video shared on his X account.
Strategy, formerly known as MicroStrategy, said on Tuesday that the software firm plans to raise as much as $500 million through a new offering to buy more Bitcoin.
The total value locked (TVL) in decentralized finance (DeFi) protocols has fallen by approximately $50 billion in the past four months, eliminating gains made since the post-election market surge in November 2024.
The $2B investment is also the single largest investment into a crypto company and the largest investment paid in crypto.