cryptobriefing

OpenAI could reach $500 billion valuation in new stock deal for staff

Key Takeaways OpenAI is considering a secondary stock sale at a valuation of about $500 billion, a two-thirds increase from…

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Binance co-founder Changpeng Zhao files motion to dismiss $1.7 billion FTX suit

Key Takeaways Changpeng Zhao filed a motion to dismiss a $1.7 billion lawsuit filed by an FTX trust related to…

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Bitcoiners present Saylor’s Bitcoin thesis to Indonesia’s VP office

Key Takeaways Bitcoin Indonesia representatives discussed Bitcoin’s potential as a sovereign reserve and its role in financial resilience with the…

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Ripple slams draft crypto market structure bill for expanding SEC power over tokens

Key Takeaways Ripple emphasized the need for clear jurisdictional boundaries in crypto regulation after its recent SEC litigation. The company…

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SEC’s Caroline Crenshaw criticizes new liquid staking guidance for lacking real-world grounding

Key Takeaways SEC Commissioner Crenshaw criticized the new staff guidance on liquid staking for lacking clarity and failing to reflect…

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Brazil to hold first public hearing on national Bitcoin reserve on August 20

Key Takeaways Brazil’s lower house will hold its first hearing on a national Bitcoin reserve on August 20, 2025. Bill…

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Michigan state pension fund triples Bitcoin ETF investment in Q2

Key Takeaways The Michigan retirement fund tripled its ARK Bitcoin ETF holdings to 300,000 shares in Q2. This move shows…

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Galaxy Digital adds 4,272 Bitcoin in Q2, reduces ETH, XRP exposure

Key Takeaways Galaxy Digital increased its Bitcoin holdings to 17,102 BTC while reducing ETH and XRP exposure in Q2. The…

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Bhutan government moves $59 million in Bitcoin to new wallet

Key Takeaways The Bhutan government moved 517 Bitcoin worth $59 million to a new wallet. Bhutan still holds 10,769 Bitcoin…

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Coinbase proposes $2 billion convertible note offering to fund growth and acquisitions

Key Takeaways Coinbase is issuing $2 billion in convertible senior notes to fund growth, acquisitions, and general corporate purposes. The…

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