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Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline

Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the shareholder vote on the...

Moonbeam just halted all user transactions, leaving late GLMR holders at mercy of an email helpdesk to recover funds

Moonbeam's standard GLMR migration window closed last night at 23:59 UTC (July 31), as its Polkadot network moved into an operational wind-down ahead of...

One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story

Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol's SKY governance token, reported that $2.2 million of second-quarter staking revenue...

A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network

By the time SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day average hashrate had fallen 64%...

Louisiana just armed crypto ATM users with a legal cheat code to demand full refunds from unlicensed operators

Starting Aug. 1, Louisiana users may cancel a virtual-currency-kiosk transaction made on or after that date and demand a full refund at any time...

Bitcoin just slept through Japan’s rate decision, but a swollen yen short is quietly threatening a massive margin call

Bitcoin's leverage gauges barely flinched after Friday's Bank of Japan decision. A yen short that had reached 152,125 contracts by July 21 grew to...
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