Opinion by: Daniel Taylor, head of policy at Zumo Peer inside the average crypto regulatory consultation meeting, and you will quickly notice a distinctive pattern: throngs of TradFi lawyers and ex-financial services personnel responding to documents written by financial services regulators, laying down the law of how crypto asset activities will be carried out in … Read more
Tron is going public by merging with SRM Entertainment, a small company listed on the Nasdaq exchange Tron, the digital currency project spearheaded by controversial entrepreneur Justin Sun, is expected to go public in the U.S., according to a Monday report by the Financial Times. It has opted for a reverse merger with Nasdaq-listed SRM Entertainment, … Read more
Trump Media & Technology Group (TMTG), parent company of Truth Social, has partnered with investment firm Yorkville America Digital to file for a spot bitcoin and ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Truth Social Owner Seeks Approval for 3:1 Bitcoin-Ethereum ETF The “Truth Social Bitcoin and Ethereum ETF, B.T.” … Read more
Nasdaq-listed SRM Entertainment is set to launch a Tron corporate treasury of up to $210 million and change its name to Tron Inc., the company announced on Monday. According to the announcement, SRM entered a securities purchase agreement with a private investor for a $100 million equity investment to fund its Tron (TRX) treasury strategy. … Read more
The sudden rise and fall of Dough Finance In July 2024, Dough Finance, a Florida-based DeFi platform promising leveraged “looping” returns, fell prey to a flash-loan exploit that drained $2.5 million from user accounts. The exploit not only wiped out investor funds but also brought operations to a halt. Chase Herro and Zak Folkman founded … Read more
Several ecosystem-specific developments are already in the pipeline and are expected to drive volatility for select tokens this week. The topics range from industry regulation to crypto airdrops, proposal implementations, and product market debuts. Forward-looking investors can front-run the following events to capitalize on expected volatility this week. Arbitrum’s DeFi Renaissance Incentive Program Arbitrum’s DeFi … Read more
The Ukraine-Russia War has shaken up the world in many ways. For the Nordic countries, two of which share borders with Russia (Finland and Norway), a military invasion is no longer unthinkable. For Sweden, it may also be prompting second thoughts about its “cashless society.” According to a recent report in The Guardian, Sweden is … Read more
Key Points: Truth Social files Bitcoin and Ethereum ETF with SEC. Targets NYSE Arca listing. Major movement into cryptocurrencies by public companies. Truth Social, under Trump Media & Technology Group, officially registered a Bitcoin and Ethereum ETF with the U.S. Securities and Exchange Commission on June 16, 2025, paving the way for potential listing on … Read more
Cointelegraph is evolving from industry commentary to active participation in securing Web3 with the launch of the Cointelegraph Decentralization Guardians (CTDG) initiative, debuting live, institutional-grade validators on major blockchains including Solana, Chiliz, Polkadot, Coreum, Canton and Mantra. Introducing CTDG: Infrastructure meets Web3 clout The CTDG initiative functions as a multi-faceted program that combines running high-performance … Read more
The Tron blockchain is reportedly planning a backdoor entry to the US public markets through a reverse merger with SRM Entertainment, a Nasdaq-listed company, the Financial Times reported on June 16. If completed, the merger would create a new company, Tron Inc., holding large amounts of TRX, Tron’s native token. The report also suggested that … Read more