Core Viewpoint - Bullish, a digital asset exchange operator backed by billionaire Peter Thiel, has received approval for spot trading and custody services in New York, marking a significant step in its global compliance strategy [1] Group 1: Regulatory Approval - Bullish US Operations has been granted a Virtual Currency Business Activity License by the New York State Department of Financial Services [1] - The approval includes a BitLicense and a Money Transmission License, enhancing Bullish's regulatory framework [1] Group 2: Financial Performance - Bullish went public on the New York Stock Exchange last month, becoming one of the most anticipated IPOs of the year [1] - The company has arranged to receive $1.15 billion in issuance proceeds in the form of stablecoins [1] - Analysts project that Bullish will report revenue of $55.75 million in Q2 2025, with an expected loss of $0.05 per share [1]

Core Insights - Safety Shot, Inc. has appointed three new directors with expertise in venture capital, financial due diligence, and Bitcoin mining to support its growth strategy [1][2][3] - The new board composition will consist of seven members, with a majority aligned with the company's subsidiary, BONK Holdings LLC [2] - The company aims to bridge traditional public markets with the digital asset ecosystem and is focusing on acquiring revenue-generating assets in the DeFi space [3] New Board Members - Connor Klein, an investment partner at New Form Capital, has a background in financial infrastructure, real-world assets, and DeFi, previously working at Morgan Stanley and a crypto payments startup [4] - Stacey Duffy is a financial due diligence expert with experience in complex transactions for corporate and private equity clients, having worked at Alvarez & Marsal and KPMG [4] - Jamie McAvity, co-founder and CEO of Bitcoin mining company Cormint, has scaled operations to 130MW and has been recognized for efficiency in Bitcoin mining [4] Strategic Direction - The appointments are intended to enhance the company's capabilities in digital assets and high-growth operations, particularly in relation to BONK Holdings [2][3] - The CEO of Safety Shot emphasized the importance of the new directors' expertise in executing the company's vision and unlocking the value of its beverage division [3]

Core Insights - Bullish has received a BitLicense and Money Transmission License from the New York State Department of Financial Services for its U.S. digital asset trading and custody business [1] Company Summary - Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services [1]

Core Viewpoint - Voyager Digital Ltd., once a prominent crypto lender, is back in the news following a $750,000 fine imposed on co-founder Stephen Ehrlich by the CFTC for misleading customers and operating a fraudulent trading platform [1][2][3]. Group 1: Company Background - Voyager filed for Chapter 11 bankruptcy in July 2022 after a liquidity crisis triggered by the collapse of crypto hedge fund Three Arrows Capital [2]. - The CFTC's lawsuit against Ehrlich and Voyager was initiated on October 12, 2023, alleging fraudulent operations [2]. Group 2: Regulatory Actions - The CFTC fined Ehrlich $750,000 and barred him from participating in commodity trading for three years [1]. - Regulators stated that Voyager misrepresented itself as a "safe haven" for digital assets, offering assurances similar to traditional financial institutions while actually lending out billions in customer funds to high-risk third parties [3]. Group 3: Legal Settlements - Ehrlich did not admit or deny the CFTC's allegations but expressed relief at the resolution of the matter [4]. - In addition to the CFTC settlement, Ehrlich previously settled with the Federal Trade Commission, agreeing to pay $2.8 million over claims that he falsely assured customers that Voyager deposits were insured by the FDIC [4]. Group 4: Ongoing Legal Issues - A separate lawsuit against billionaire Mark Cuban and the Dallas Mavericks is still ongoing, related to their promotion of Voyager as a safe investment option for cryptocurrency [6].

🚨JUST IN: STANDARD CHARTERED WARNS DIGITAL ASSET TREASURIES FACE A VALUATION CRUNCH AS MARKET NET ASSET VALUES (MNAVS) COLLAPSE ...

A glowing onigiri emblem anchors a neon bridge of blockchain rails linking San Francisco’s skyline to Tokyo Tower and a torii-framed bay, as coins flow into a rising venture pool Credit Saison, Japan’s third-largest credit card company, said Monday it is creating a new venture fund to back early-stage blockchain firms working in the real-world asset sector, according to local media reports. The vehicle, known as Onigiri Capital, has raised $35 million so far from Credit Saison and other backers and, acco ...

Proud to announce John Egan, Stripe's former Head of Crypto, as Polygon Labs Chief Product Officer, as we continue to accelerate our global payments strategy.@john3gan joins us to lead Polygon's product vision, bringing deep expertise in digital asset integration and innovation that will help deliver institutional-grade infrastructure for the next generation of onchain financial experiences.He will champion products that make stablecoin adoption easy, global, and interoperable via Agglayer, redefining how v ...

⚡️ LATEST: Hyperscale Data unveils a $100M Bitcoin treasury plan as it shifts toward a pure-play AI and digital asset focus. https://t.co/sKbQAal21z ...

Core Insights - Allied Gaming & Entertainment Inc. (AGAE) has made its first direct investment in cryptocurrency by adding Bitcoin and Ethereum to its treasury holdings, reflecting a strategy to diversify its balance sheet and advance blockchain initiatives [1][2] - The company believes that digital assets will play a significant role in the entertainment and finance sectors, integrating crypto into its ecosystem and preparing for stablecoin and utility token launches [2][4] Financial Performance - For the quarter ending June 30, 2025, AGAE reported total revenue of approximately $1.9 million, a decrease of about 27% from $2.6 million in the same quarter the previous year [3] - The net loss for the quarter widened to $4.8 million, compared to a loss of $3.9 million in the prior year, with an adjusted EBITDA loss of $2.1 million, up from $1.7 million in the second quarter of 2024 [3] - The company ended the quarter with around $60 million in cash and short-term investments, and working capital stood at $44.9 million, providing resources for its strategic pivot towards digital assets [3][5] Market Reaction - Following the announcement of its cryptocurrency investments, AGAE shares surged by 85.49%, trading at $1.69 [5]

Strategic Partnership - Sharps Technology (STSS) announced a strategic partnership with Pudgy Penguins [1] - The partnership aims to bring exposure and connectivity to the Solana digital asset treasury space [1] Marketing Initiative - The partnership is related to "Pudgy Proliferation -> Pudgy Marketing" [1]