Business & Technology
Business and technology in crypto means the companies, infrastructure, and product moves that aren't pure protocol news. LeoDex News covers exchange business (earnings, executive moves, IPOs, geographic expansion), mining stocks (RIOT, MARA, IREN, CleanSpark), Layer-1 infrastructure providers, partnerships and acquisitions, gaming and NFT platforms with real users, and the wider Web3 product landscape.
We track the strategic moves: which exchange is winning institutional flow, which custodian is taking share, which infra provider quietly powers a category, which product launches are real and which are vapor. Skip the press-release noise — read what's actually shipping and who's actually using it.
Latest in Business & Technology
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Wyoming Governor Signs AI Data Center Executive Order
Wyoming Governor Mark Gordon signed Executive Order 2026-03 on June 3, tasking state agencies with delivering policy recommendations within 60 days to promote responsible AI data center development while protecting state resources.
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Stripe, Visa, Mastercard Launch Joint Stablecoin Platform
Stripe, Visa, and Mastercard are nearing the launch of a collaborative stablecoin platform, marking a significant push by traditional payment networks into digital dollar infrastructure. Coinbase is evaluating participation in the initiative.
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Binance shuts down NFT marketplace, migrates users to Binance Wallet
Binance is sunsetting its NFT marketplace and moving users to Binance Wallet, giving holders until July 3, 2026 to withdraw assets or face loss of access. The exchange is offering fee reimbursements to incentivize migration.
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FCA Warns Premier League Clubs Over Unlicensed Crypto Sponsorships
The UK Financial Conduct Authority has sent letters to Premier League clubs warning that crypto sponsorship partnerships with unlicensed firms could breach financial services laws and expose fans to unregulated trading platforms.
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Movement gains US, Canada, EU payment rails for stablecoin settlement
Movement, a Move-based blockchain network, announced access to licensed payment infrastructure across three major regions, shifting its focus toward stablecoin-based settlement and cross-border remittances as part of a broader industry pivot toward payments.
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Strategy's Bitcoin Sale Unlikely to Trigger Crypto Selloff Cascade
Crypto analysts say Strategy's recent sale of 32 BTC doesn't signal a wave of similar moves by other digital asset treasury firms, pointing instead to each company's distinct financial position as the determining factor.
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Anthropic expands Claude Mythos access to 150 orgs ahead of IPO filing
Anthropic is expanding access to its Claude Mythos AI model through Project Glasswing to roughly 150 tech and security firms, days after the company confidentially filed for an IPO with the SEC.
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HIVE Digital cuts Bitcoin holdings to 150 BTC as mining revenue soars 158%
Canadian Bitcoin miner HIVE Digital Technologies sold 331 BTC in its latest quarter, reducing reserves to 150 coins, while fiscal 2026 revenue climbed to $297.8 million driven by mining and AI computing expansion.
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Symbiotic launches Liquid Lane for instant RWA redemptions
Symbiotic rolled out Liquid Lane, a liquidity network that lets investors redeem tokenized funds and real-world assets for stablecoins almost instantly instead of waiting up to 180 days, addressing a major friction point in the $33 billion RWA market.
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Trump Meme Coin Organizer Plans World Cup Trip for Top 19 Holders
Bill Zanker, a longtime Trump associate managing the president's meme coin, announced a permanent Trump Coin Club offering top holders exclusive quarterly events. The inaugural gathering will send the top 19 holders to the FIFA World Cup finals next month.
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Coinbase Launches Direct Indian Rupee Rails After Regulatory Clearance
Coinbase has returned to India with direct INR banking infrastructure, allowing traders to deposit and withdraw rupees without intermediary conversions. The move marks a reversal from the exchange's 2022 exit following informal RBI pressure.
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Powell Warns Fed Credibility at Risk if President Can Fire Officials
Federal Reserve Chair Jerome Powell warned that allowing a sitting president to dismiss Fed officials over policy disagreements would collapse the institution's credibility and destabilize markets. Powell's comments come as President Trump has threatened to remove him, and as central bank independence faces renewed political pressure.
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DTCC to Launch Tokenized Securities on Stellar in 2027
Wall Street's clearing giant DTCC will make tokenized securities available on the Stellar blockchain beginning in the first half of 2027, leveraging compliance tools built into the network for regulated issuers.
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SoFi becomes first US national bank to launch stablecoin in consumer app
SoFi Technologies launched SoFiUSD on May 27, making it the first US national bank to integrate a stablecoin directly into a consumer banking application. The dollar-backed token is now available to SoFi's 14.7 million members on Ethereum and Solana.
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XCENA raises $135M at $570M valuation for memory-centric AI chips
AI infrastructure startup XCENA closed a $135 million Series B round led by Altinum and IMM Investment, bringing total funding to $185 million. The company's MX1 chip tackles memory bottlenecks in AI systems by processing data directly inside memory modules, potentially reducing infrastructure needs.
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SoFi Launches SoFiUSD Stablecoin on Ethereum and Solana
SoFi Technologies became the first U.S. national bank to offer a bank-issued stablecoin directly within its consumer app, with SoFiUSD now available for buying, selling, and holding on Ethereum and Solana blockchains.
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Qualcomm lands ByteDance AI chip deal for data centers
Qualcomm reached a deal to supply ByteDance with custom AI chips for data centers, marking a significant win in the company's push into AI infrastructure and challenging Nvidia's dominance.
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Binance returns to Philippines via BlockShoals SEC sandbox partnership
Binance has partnered with BlockShoals Technologies to re-enter the Philippines market through the SEC's Strategic Sandbox framework, providing technology and compliance support while BlockShoals operates as the approved local intermediary.
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AI agents settle $73M on crypto rails, Keyrock report shows
A Keyrock report shows AI agents settled $73 million across blockchain rails in the past year, with stablecoins becoming the preferred settlement layer as traditional card networks struggle with micropayments.
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House subcommittee modernizes Bank Secrecy Act amid crypto surge
A House Financial Services subcommittee heard testimony Thursday on scaling back the Bank Secrecy Act, with crypto firms and policy experts divided over whether to reform or repeal the 1970 anti-money-laundering law as threats escalate.
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IREN Says AI's Real Bottleneck Is Infrastructure, Not Chips
IREN co-founder Daniel Roberts argues that power, land, cooling and data center construction—not GPU scarcity—are the real constraints throttling AI deployment. The company has secured 5 gigawatts of grid capacity and announced a $3.4 billion NVIDIA contract.
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Fantasy Top Ethereum Game Shuts Down June 25
Fantasy Top, a blockchain-based fantasy sports game built on Ethereum's Blast network that let players trade NFT cards of crypto personalities, is closing at the end of June after failing to find sustainable revenue beyond NFT trading volume.
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Bumo Sarang Reports $33M Loss on Leveraged Ether ETF
Bumo Sarang, a South Korean funeral services company, disclosed an unrealized loss of approximately $33 million on a leveraged Ether ETF position, highlighting risks of amplified crypto-linked products in a market increasingly drawn to speculative trades.
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South Carolina bans CBDCs, protects Bitcoin miners and crypto self-custody
South Carolina Governor Henry McMaster signed Bill 163, banning state use of central bank digital currencies while protecting individuals and businesses from restrictions on digital assets, mining operations, and self-hosted wallets.