Erebor Bank targets $1.5B raise at $9.5B valuation: FT
The year-old, US-regulated crypto-friendly lender has quadrupled deposits to $4.6B in four months and is about to double its private-market value, with the 12% leverage rule forcing the raise.
Market-moving crypto headlines from the last 24 hours.
The year-old, US-regulated crypto-friendly lender has quadrupled deposits to $4.6B in four months and is about to double its private-market value, with the 12% leverage rule forcing the raise.
The move breaks the corporate BTC trade's central thesis that buying could go on forever. With Strategy's yield sliding and Metaplanet below coin value, this won't be the last forced sale.
The MiFID-anchored rollout turns Coinbase's UK arm into a regulated multi-asset venue rather than a crypto-only broker, as 88% of net revenue already comes from outside bitcoin spot trading.
Benchmark's structural argument isn't the $22 target, it's that mining built the energized infrastructure letting Bitdeer pivot into a $4.7B AI colocation contract on Volta's compressed timeline.
The order raises the compliance bar for Australia's cash-to-crypto sector, where AUSTRAC is tightening controls around money-laundering and terrorism-financing risks.
The $850M ETF spree is not automatically a one-way Bitcoin bet: basis trades can pair ETF buying with futures shorts, while IBIT's size can turn into resistance near $60,000.
Until BTC regains strength against the indices, equity leadership remains the dominant market signal and tech-heavy portfolios face a weaker backdrop.
Spot markets and CEX futures also turned lower, making July's decline a broader crypto activity signal rather than a DEX-only move.
The proposal marks a sharp reversal from years of crypto hostility in Moscow, and would open one of the world's largest economies to regulated spot trading in the three most liquid digital assets.
The corporate pivot removes institutional cover for BTC and raises liquidation risk as holders sell to build liquidity or rotate into AI.
The Senate setback shifts the near-term regulatory spotlight to agency action, while the congressional route remains unresolved and no final framework has emerged.
The case tests whether tokenized bullion can serve as reliable DeFi collateral when a platform winds down, exposing the infrastructure risk behind on-chain gold.
The UK rollout broadens Coinbase's institutional product set, giving professional investors more ways to hedge and take leveraged crypto exposure.
Tokenized assets are moving from a niche segment toward a major on-chain liquidity role even as DeFi remains under pressure.
Interoperable rails could lower the friction of trade settlement across the bloc, giving CBDCs a more practical role in international payments.
Average daily volume of $365B and 28% year-over-year growth are the real markers: tokenized repo is no longer a proof-of-concept, it's operating at the scale of a top-tier money-market utility.
The suit adds to legal pressure already on Kalshi from New York, Washington, and Michigan, and opens a new front where data licensors can act as private enforcers against prediction markets.
Standard Chartered's last three DeFi calls (UNI, MORPHO, AAVE) all spiked within hours of publication.
Traders sat in "Fear" ahead of a CPI print that could reset rate-cut expectations, while an $8M exchange hack and MicroStrategy's BTC sales added fresh jitters.
The $190K cap is the headline, but the real story is LND as a single-vendor credential risk now that attackers have demonstrated a working drain against the dominant Lightning node stack.