John Crawford

John Crawford

DeFi Meets TradFi: Low-Touch Off-Ramps Unlock Web3

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If DeFi and TradFi truly converge, the pressure point will be on and off-ramps. Few things, other than secure custody, are more critical than having a low-friction way to convert digital tokens

Tether Invests in Eight Sleep at $1.5B Valuation

Crypto giant Tether, through its venture arm, has made a strategic investment in Eight Sleep at a $1.5 billion valuation to accelerate AI-driven health technology, according to a Wednesday announcement. The deal aims to establish a long-term partnership between the two firms, with Eight Sleep planning to integrate Tether’s QVAC architecture into its products. QVAC

X Targets Undisclosed AI Conflict Videos With Revenue Ban

Social media platform X will suspend creators from its revenue-sharing program for 90 days if they post AI-generated war footage without clearly disclosing that the content was created using artificial intelligence. On Wednesday, X’s head of product, Nikita Bier, said the rule aims to maintain “authenticity of content on Timeline” during wartime events, when misleading

Bitcoin ETFs See $225M Inflows Led by BlackRock’s IBIT

US spot Bitcoin ETFs saw mixed trading flows on Tuesday, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) offsetting redemptions. Spot Bitcoin (BTC) exchange-traded funds (ETFs) logged $225.2 million in net inflows, according to data from SoSoValue. The gains were driven largely by IBIT’s $322.4 million in inflows, which offset $89.3 million in outflows from Fidelity

Ark Invest Adds $4M in Coinbase, $12M in Robinhood Amid Market Volatility

Cathie Wood’s Ark Invest increased its exposure to crypto-related equities, adding shares of Coinbase and Robinhood Markets across several of its exchange-traded funds (ETFs) as broader markets pulled back. The company purchased a combined 22,452 shares of Coinbase across the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF

South Korea Halts Trading as Global Markets Plunge

The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday. The South Korean Kospi and Kosdaq each plunged more than 10% during morning trading in Seoul, triggering a circuit breaker as the indexes saw their worst session since August 2024

Ex-LAPD Cop Convicted of $350K Crypto Theft

A former Los Angeles Police Department officer has been convicted of kidnapping a 17-year-old and stealing $350,000 worth of crypto in a 2024 home invasion. A Los Angeles County Superior Court jury found Eric Halem guilty of kidnapping and robbery on Monday after a two-week trial, the Los Angeles Times reported. The court was told

Indiana Will Start Allowing Crypto in Retirement Plans and Savings

Indiana will start allowing certain retirement and savings plans to include crypto investments and has enacted stronger legal protections for the crypto industry under a newly signed bill.  Governor Mike Braun signed House Bill 1042 into law on Tuesday, after it passed the legislature last Thursday. The legislation requires Indiana’s state public retirement and savings

TradFi Will Move to 24/7/365 Crypto Rails: Bitwise

Bitwise chief investment officer Matt Hougan says he’s drastically cut his estimates of when “on-chain finance” will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the US-Israel attack on Iran. In a post on Tuesday titled “The weekend that changed finance,” Hougan said crypto perps futures
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