Cryptocurrency News

Former Mayor Eric Adams Accused in $3M NYC Token Rug Pull Scandal

Eric Adams is under fire after the NYC Token he promoted surged to $600M and then crashed over 80% in minutes. On-chain data shows millions pulled from liquidity as critics question transparency and oversight behind the Solana-based project.

Crypto Custody Firm BitGo Files for IPO on NYSE, Aims to Raise $201M

Crypto custody platform BitGo has filed an initial public offering that could value the company at as much as $1.96 billion. The US-based firm said on Monday that it is aiming to raise up to $201 million through the sale of Class A common stock.

Grayscale Advances ETF Push With Delaware Filings for BNB and Hyperliquid

Grayscale moves deeper into crypto ETFs with new Delaware trusts for BNB and Hyperliquid. The filings signal rising institutional demand as major issuers join the race and regulators prepare for the next wave of digital asset products.

a16z: Market Will Deeply Integrate with Crypto and AI by 2026

a16z crypto team noted that by 2026, markets are expected to be deeply integrated with crypto-native systems and AI-driven analysis. Thus, these markets are no longer fringe experiments and will expand their scope, complexity, and societal reach. Decentralized governance systems, paired with AI-powered oracles, are emerging as one possible solution.

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