Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares

Technology platform Bakkt (BKKT) is moving to complete its transition into a pure-play crypto infrastructure firm with the planned sale of its loyalty business, the company said in a press release Monday. The Nasdaq-listed company has entered into a definitive agreement to sell the unit to Project Labrador Holdco,...
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Web3 Leaders See GENIUS Act Stifling Startups

US Dollar Tether coin with President Trump’s signature superimposed. Image created by the author. President Donald Trump signed the GENIUS Act into law on July 18, ushering in the most comprehensive U.S. framework for stablecoins to date. While some in crypto view it as long-overdue clarity, others worry it...
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Bitcoin Backfire: How A $20-M Employee Heist Crashed Into Prison Time

In Beijing, prosecutors have jailed eight people for running a year‑long Bitcoin scam that drained over 140 million yuan—around $20 million—from a short‐video platform and then funneled the cash into crypto. According to a White Paper released by the People’s Procuratorate of Haidian District, the case ranks among the most complex anti‑corruption cases...
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Mill City goes all-in on Sui with $450m treasury strategy

Mill City Ventures is committing $450 million to Sui, positioning itself as a bridge between traditional finance and blockchain’s next wave. With elite backers like Galaxy and Pantera, the move may accelerate Sui’s path to mainstream institutional use. On July…...
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