The NYC token, launched by former New York City Mayor Eric Adams on January 12, saw its market cap drop from ~$600M to ~$110M, after USDC liquidity manipulation
The CFTC says non-US crypto exchanges have a path to bringing on US users, in an advisory clarifying how they can register as so-called foreign boards of trade
The Commodity Futures Trading Commission has taken a step that could make it easier for some overseas crypto exchanges …
Figma's stock dropped 27.38% to $88.60 on August 4 after last week's IPO pop; its fully diluted valuation sits at ~$56B, still almost triple Adobe's 2022 offer
Figma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.
Source: Figma considered a higher IPO price, but CEO Dylan Field wanted to bring on board certain long-term institutional shareholders and approved $33/share
Should You Chase the Surge or Wait for a Pullback? Fortune : Tech industry insiders share their picks for the next startups who will ride the IPO wave after Figma's blockbuster deb...
The US Senate passes the GENIUS Act, which establishes the first federal regulatory framework for dollar-pegged stablecoins; the bill now heads to the House
The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails …
Circle's stock soared 168% on Thursday, closing at $83.23, after the stablecoin company priced its NYSE IPO at $31 and raised almost $1.1B in the offering
Shares of Circle Internet Group soared 168% on Thursday after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering.
Circle files for a US IPO, with plans to list on the NYSE under CRCL; Circle, which issues the USDC stablecoin, is reportedly seeking a $4B to $5B valuation
Circle, the company behind the USDC stablecoin, has filed for an initial public offering and plans to list on the New York Stock Exchange.
CEO Brian Armstrong says Coinbase needs to rethink its listing process for new tokens to keep up with “~1m tokens a week being created now, and growing”
We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created now, and growing. High quality problem to have, but evaluating each one by one i...
Coinbase files two lawsuits against the US SEC and the FDIC for not complying with FOIA requests; one of the FOIA requests is about how the SEC views ether
instead of waiting to be picked on, Coinbase deals with the bully in the best way possible, a direct confrontation. LinkedIn: David Brill : Coinbase Sues SEC and FDIC Over Alleged ...