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Author: Richeal

Kalshi Opens Early IPO Talks With Investment Banks as Revenue Surpasses $2 Billion

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Kalshi Opens Early IPO Talks With Investment Banks as Revenue Surpasses $2 Billion

Richeal 5 min read

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Morgan Stanley Files Amended ETH and SOL ETFs With Market-Low 0.14% Fees and Staking Rewards

Richeal 5 min read

Morgan Stanley has taken another step toward launching its spot Ethereum and Solana exchange-traded funds, filing second-amended S-1 registration statements with the U.S. Securities and Exchange Commission on Thursday. The updated filings introduce a detailed fee structure and staking mechanism for both products — and in doing so, position Morgan Stanley to offer the cheapest…

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75% of Crypto Firms in Europe Face Exit as MiCA Grace Period Nears End

Richeal 5 min read

Europe’s crypto industry is heading into one of its most disruptive weeks in years. With just 16 days left before the European Union’s MiCA grace period officially closes, as many as three-quarters of the continent’s crypto firms are set to lose their legal right to operate — a regulatory reckoning that could reshape the market…

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Philippines Central Bank Bans Privacy Coins Under New Crypto Rules

Richeal 5 min read

The Bangko Sentral ng Ngipinas (BSP) is tightening oversight of licensed virtual asset service providers that support privacy coins under a new set of crypto regulations, aiming to mitigate the risks of money laundering, terrorist financing, and untraceable transactions. The move applies to Virtual Asset Service Providers (VASPs) supervised by the BSP, marking the next…

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Pudgy Penguins NFT Game ‘Pudgy Party’ Shuts Down Less Than a Year After Launch

Richeal 5 min read

Pudgy Penguins has pulled the plug on Pudgy Party, its mobile battle royale game co-developed with Mythical Games, less than a year after its global debut. The official shutdown was announced on June 12 via the game’s X account, @PlayPudgyParty, triggering an immediate wave of community backlash as hundreds of replies and quote tweets flooded…

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Kraken Brings Perpetual Futures Onshore With CFTC-Regulated U.S. Launch

Richeal 5 min read

Kraken has switched on perpetual futures trading for eligible U.S. customers, delivering one of crypto’s most widely used derivatives products through a domestically regulated venue for the first time at meaningful scale. The launch, announced Monday via the Kraken blog, marks a turning point in a years-long effort to bring the offshore perps market back…

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BlackRock Launches BITA, Its First Bitcoin Income ETF, on Nasdaq

Richeal 5 min read

BlackRock’s iShares Bitcoin Premium Income ETF began trading on Nasdaq today under the ticker BITA, marking the world’s largest asset manager’s boldest step yet into structuring Bitcoin as an income-generating asset rather than a pure speculative play. The launch was confirmed by Bloomberg ETF analyst Eric Balchunas, who noted the listing had been verified directly…

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