Ondo Finance Seeks SEC No-Action to Integrate Blockchain Into Securities Infrastructure

Ondo Finance is seeking SEC no-action relief for a model that integrates Ethereum into regulated securities, aiming to enable tokenized operational processes while preserving existing legal ownership and custody structures. Key Takeaways: Ondo Finance seeks SEC no-action relief for tokenized securities model on Ethereum. Structure improves utility without altering existing legal framework for securities. Bitgo … Read more

Bitcoin Shrugs off Strait of Hormuz Blockade to Hit $72,629 Intraday High

Bitcoin staged a market-defying recovery on Monday, April 13, rising to an intraday high of $72,629 shortly after reclaiming the $72,000 level. Key Takeaways: Bitcoin rose to $72,629 on April 13, recovering from a flash crash caused by failed U.S.-Iran talks. The Strait of Hormuz blockade pushed oil to $100, triggering $59 million in Bitcoin … Read more

Robinhood Restricts High-Risk Prediction Contracts Amid Israel Insider Trading Charges, Iran Bet Scrutiny

Robinhood has pulled certain prediction market contracts from its platform over concerns about market manipulation and insider trading, even as the brokerage projects the fast-growing product category could generate $300 million in annual revenue. Key Takeaways: Robinhood excluded “mention markets” from its platform, citing insider trading and market manipulation risks Suspiciously timed Polymarket bets before … Read more

Starkware Cuts Jobs as Starknet Revenue Collapses

Starkware is restructuring and cutting staff after Starknet revenue fell more than 99% from its peak. The company is shifting focus toward building its own revenue-generating products. Key Takeaways: Starkware revenue fell from close to $6 million in 2023 to $48 in April 2026, forcing layoffs and restructuring. EIP-4844 cut Starknet fees, compressing income despite … Read more

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