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Stripe, Advent offer $53B to acquire PayPal: Report

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Stripe and Advent reportedly offered to buy PayPal for $53 billion, at a 28% premium compared to the company’s Tuesday closing price.

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Cathie Wood’s ARK buys another 220K Circle shares despite sell-off

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Cathie Wood’s ARK Invest added $13.9 million worth of Circle shares on Tuesday, extending its July buying spree to 725,517 shares amid a steep stock decline.

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Kalshi says CFTC, Michigan orders leave it in ‘impossible position’

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“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X.

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US freezes $131M in Iran-linked crypto as Middle East tensions rise

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“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott Bessent said Tuesday.

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