Crypto News
Battle Derby Blends Racing, MOBA, and Web3 in One Frenzied Free-to-Play Arena
Mario Kart on-chain with rocket launchers — that’s Battle Derby. Race, strategize, and earn in this fast-paced Web3 thrill ride. Regina’s Web3 Gaming Odyssey: Episode 24 From high-stakes battlegrounds to zany, car-fueled chaos! Welcome to a Web3 racing shooter that’s redefining competitive gameplay with style and speed. This game throws you into heart-pounding derby matchesSource link
U.S. Commerce Secretary Lutnick’s Son Teams Up With Tether, SoftBank for $3B Bitcoin SPAC: FT
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed by SoftBank, Tether, and Bitfinex, the Financial Times first reported.The special purpose acquisition company (SPAC), dubbed Cantor Equity Partners, raised $200 million in January and will help form a new firm, 21 Capital, seeded with $3 billion in bitcoin (BTC) from the crypto heavyweights. The deal mirrors MicroStrategy’s bitcoin proxy model and would convert the BTC into equity at a valuation of $85,000 per coin.Cantor Fitzgerald is one of Tether's custodians, holding the majority of its U.S. Treasuries. Howard Lutnick, however, has softened his stance on Tether's liquidity while testifying before the Senate after initially saying the stablecoin...
SEC Sues Crypto Executive Over Alleged $198 Million Scheme
The SEC alleged PGI Global sold “membership packages” as unregistered securities amounting to $198 million.Source link
Cantor, Softbank and Tether Build $3B Bitcoin Buying Vehicle: FT
Financial Times reports Cantor Fitzgerald, Softbank and Tether are putting the finishing touches on a $3 billion bitcoin acquisition vehicle aimed at harnessing the cryptocurrency’s renewed vitality under the Trump administration. FT Sources Detail Trio’s Push to Corner Bitcoin Spearheaded by Brandon Lutnick—son of U.S. Commerce Secretary Howard Lutnick—the project seeks to echo Strategy’s (formerlySource link
Jay Clayton Takes Helm at SDNY, Returning to Government With Crypto Record in Tow
Jay Clayton takes charge of Wall Street’s most powerful prosecutor's office, bringing a controversial crypto enforcement record and deep ties to the financial sector.Source link