Market News
Check out the news cycle for the past 24 hours and see what’s moving the market today!
SBF’s New Trial Bid Crushed: 25-Year FTX Sentence Stands
FTX founder Sam Bankman-Fried lost his bid today to overturn his fraud conviction and 25-year prison sentence, as a federal appeals court rejected claims of unfair trial over the $8 billion crypto collapse.
Sam Bankman-Fried loses bid to overturn crypto fraud conviction
Sam Bankman-Fried lost on Friday his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded.
SpaceX joins wave of mega fundraises that could reshape tech and crypto markets
The mega fundraises could shift capital from crypto to tech IPOs, impacting liquidity and setting new precedents for corporate crypto holdings. SpaceX joins wave of mega fundraises that could reshape tech and crypto markets.
Binance Bets on Tokenized Stocks With Launch of bStocks
Binance: In a major push towards further expanding access to stock trading, Binance has announced the launch of a new tokenized securities product. Issued by Binance affiliate BTech Holdings Ltd, the exchange has launched bStocks.
Hungary to Decriminalize Crypto Trading, Ending Strict 2025 Rules
Hungary will reverse 2025 crypto rules that imposed prison terms, marking a shift to align with EU standards and revive the local crypto market.
South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door…
South Korea's finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators agree.
SpaceX tokenized IPO campaign draws $557M on Binance ahead of debut
Crypto markets are becoming a new venue for pre-IPO price discovery ahead of SpaceX's highly anticipated debut on June 12.
For crypto, SpaceX’s stock market debut could go either way
The months of waiting have ended, and SpaceX is set to begin trading on Nasdaq today after investors pumped $75 billion into the largest IPO in history. What happens next could ripple across financial markets, including crypto.
Binance Builds Multi-Asset Super App, Expands Into Equities
Binance pivots to a multi-asset platform, adding U.S. stocks, tokenized equities, and TradFi offerings in its push for a financial super app.