Latest from Will Canny
Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships a buyer could inherit.

Crypto tech provider Haruko hit by cyberattack affecting 15 clients, some funds lost
Some smaller hedge funds with weaker security controls may have lost funds in the targeted attack, sources said.

The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77-year-old Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her brother’s stake in Ondo.

Zcash miner Fortitude names former Hut 8 chief Jaime Leverton CEO ahead of Nasdaq deal
Leverton will lead the DCG-owned mining company as it pursues a public listing through its proposed merger with HeartSciences.

Blockchain finance platform Theo launches tokenized silver backed by $40 million in active leases
The onchain finance platform said thSLVR allows investors to retain exposure to silver while earning income from lending the metal to institutional borrowers.

Crypto industry reacts after Clarity Act fails Senate vote
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60-vote hurdle.

Zodia Custody CEO Julian Sawyer steps down, becomes adviser
Sawyer will become a strategic adviser rather than take the helm of Zodia Solutions, as previously announced.

Kalshi election data goes live on DoubleZero ahead of U.S. midterms
The expansion gives institutional and automated traders access to full-depth political prediction-market order books ahead of the U.S. midterms.

Algorand names former Chainlink executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantum-resistant security.

Bitcoin rally has more room as volatility shorts unwind, Two Prime CEO says
Alexander Blume said subdued funding rates and continued call selling suggest the rebound is not yet being driven by excessive speculation.

