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CRYPTOSTORY 853· JUNE 15, 2026

Bitcoin-Backed Lending Could Reach $1 Trillion, Ledn Says, as Securitization Draws Institutional Money

Ledn, a crypto lending firm, says it originated $1.4 billion in bitcoin-backed loans in 2025 and estimates it holds roughly a 30% share of the global consumer market for that product. The company is now projecting that the broader…

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A super PAC backed by a crypto billionaire ousted Trump-endorsed Rep. Andy Ogles in Tennessee

A super PAC, which is a political committee that can raise unlimited outside money for elections without coordinating directly with campaigns, spent roughly $2 million to defeat Republican Rep. Andy Ogles in a Tennessee primary on…

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Bitcoin ETF inflows ran alongside the Coldcard wallet exploit, but the connection is disputed

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Galaxy Digital shares sink nearly 12% as crypto losses overshadow its first AI revenue quarter

Falling digital asset prices handed Galaxy Digital (GLXY) an $85 million net loss for the second quarter of 2026, and the stock responded on August 5 with an 11.92% drop to $19.50. Net loss is the amount by which a company's total costs…

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