Crypto wallet Phantom pushes deeper into perps hiring team behind Hyperliquid’s OpenAI, Anthropic markets

The race is also spreading beyond crypto. Last month, prediction market operator Kalshi launched its own perpetual futures business after regulatory approval, joining exchanges betting that always-on derivatives will become a larger part of financial markets. For Phantom, the hires are part of a broader push into trading. Best known…

Circle (CRCL) selloff may be ‘overreaction’ but Open USD faces adoption test

Still, he argued that the Circle’s 16% selloff on Tuesday went too far. “I think it is an overreaction,” he told CoinDesk. Circle selloff (TradingView) He pointed to Paxos’ Global Dollar Network (USDG), another consortium-backed stablecoin that shares reserve income with partners but has yet to gain significant market share.…

SEC seeks public comment on ETF innovation (BLK:NYSE)

Jun 30, 2026, 2:36 PM ETBlackRock, Inc. (BLK) Stock, IVZ Stock, STT StockSCHW, JPM, TROW, WT, BEN, JHGBy: Liz Kiesche, SA News Editor ismagilov The U.S. Securities and Exchange Commission is requesting public comment on exchange-traded funds, or ETFs, seeking to invest in innovative asset classes or that use novel…

SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules

The current process allows ETFs that meet certain conditions to jump into the markets without requiring a complicated request for exemption from the regulator, and that approach has seen an explosive growth from $4 trillion in 2019 to $12 trillion in 2025. “It is designed to build a record that…

Chinese exile once linked to Trump strategist gets 30-year sentence in $1 billion fraud

A U.S. judge sentenced Chinese businessman Miles Guo, the billionaire behind the fraudulent crypto venture Himalaya Coin, to 30 years in prison, long after a trial jury found the well-connected defendant was guilty of several crimes in 2024. Guo, 55, also known as Ho Wan Kwok and a number of…

What Job Hunters Need to Watch For

Artificial intelligence has made job searching faster, but it has also made recruiting scams more convincing. Fake recruiters can now use AI-written messages, cloned voices, polished profiles, and realistic-looking job posts to lure candidates into giving away money, personal data, or access to their accounts. The result is a new…

Block double upgraded at Piper Sandler, PayPal assigned Neutral rating (XYZ:NYSE)

JasonDoiy/iStock Unreleased via Getty Images Piper Sandler took actions on several payment and consumer finance stocks, having double upgraded Block (XYZ) and assigning a Neutral rating on PayPal (PYPL). Here is a look at the rating actions: Affirm Holdings (AFRM) rated Overweight with $103.00 price Source link