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Crypto miner BIT Mining pivots to Solana with plan to raise up to $300 million for SOL treasury
BIT Mining’s shift to Solana and intention to secure substantial funding highlights a growing trend among crypto miners diversifying their holdings through significant treasury inv...
Read Full Article →Snoop Dogg sells digital collectibles on Telegram for $12 million, CEO says
The transaction highlights the growing market value of digital assets linked to celebrities, demonstrating significant investment potential within emerging blockchain-based collect...
Read Full Article →Bank of Korea governor warns of ‘currency chaos’ from non-bank issuance of KRW stablecoins
The Bank of Korea governor highlighted potential risks to monetary stability and exchange rate management if entities outside traditional banking are allowed to issue South Korean...
Read Full Article →Spot bitcoin ETFs surpass $50 billion in cumulative net inflows amid institutional demand surge
The substantial influx of capital into spot bitcoin ETFs highlights growing institutional interest, marking a key milestone in the asset's integration within mainstream financial m...
Read Full Article →Chinese creditors push back against FTX’s motion to forfeit payouts in restricted jurisdictions
FTX faces substantial financial challenges as creditor claims totaling $800 million span 49 countries, with a significant portion originating from China, impacting the distribution...
Read Full Article →CZ’s YZi Labs supports 10X Capital in launch of BNB treasury company targeting IPO
The collaboration between YZi Labs and 10X Capital highlights growing interest in leveraging cryptocurrency reserves to enhance corporate balance sheets ahead of potential public o...
Read Full Article →Bitcoin continues to dominate amid altcoin slump and equity surge
Despite a general decline in alternative cryptocurrencies and a rise in stock markets, Bitcoin Cash delivered an impressive 25% return, outperforming Bitcoin’s comparatively smalle...
Read Full Article →Bitcoin sets new record, briefly breaking above $112,000 as policy outlook shifts
Bitcoin reached an unprecedented value exceeding $112,000, reflecting increased interest from major investors and signaling potential shifts in market dynamics and regulatory expec...
Read Full Article →Bitcoin ETF AUM nears $150 billion amid treasury allocations, staking products, and new filings
The total assets managed by Bitcoin-focused exchange-traded funds have approached $150 billion, highlighting ongoing investment growth driven by diversified treasury strategies and...
Read Full Article →Thumzup to add XRP, DOGE, and more to bitcoin-led corporate treasury; Trump Jr. takes stake
Thumzup Media's inclusion of additional cryptocurrencies alongside bitcoin in its corporate reserves reflects a strategic diversification, highlighted by Donald Trump Jr.'s recent...
Read Full Article →‘How the hell are we going to tackle this?’: Lawmakers flummoxed as they continue push for crypto le...
Lawmakers face challenges in establishing clear regulations for the cryptocurrency sector, considering political influences and industry complexities, as they work toward implement...
Read Full Article →SEC’s Hester Peirce: ‘Tokenized securities are still securities’ as companies ramp up efforts
The increasing activity around digital representations of traditional assets highlights regulatory concerns, as authorities emphasize that these instruments remain subject to exist...
Read Full Article →Kraken’s market share rises to 29% as new product rollouts accelerate growth
Kraken’s expanding presence in the market reflects its recent product introductions, contributing to notable growth and increased competitiveness within the industry during the cur...
Read Full Article →The Daily: Pump.fun confirms PUMP token sale plans, hacker drains over $40 million from GMX, and mor...
The recent security breach involving GMX, resulting in a loss exceeding $40 million, highlights ongoing vulnerabilities in the cryptocurrency sector amid planned token sales by eme...
Read Full Article →Monad Foundation to bring payment solution to Monad by acquiring stablecoin infrastructure developer...
The acquisition of Portal Labs by the Monad Foundation is expected to enhance Monad's payment capabilities and stablecoin offerings, potentially strengthening its position in the d...
Read Full Article →Circle taps OKX to boost USDC liquidity with direct dollar ramps for over 60 million exchange users
The collaboration between Circle and OKX aims to enhance stablecoin availability by enabling millions of users to convert U.S. dollars directly into USDC, potentially improving mar...
Read Full Article →Hacker drains $42 million from decentralized perpetual exchange GMX
A cybercriminal successfully extracted a substantial amount of digital assets from GMX's liquidity pool, causing a significant monetary loss for the decentralized trading platform.
Read Full Article →Warren unveils crypto standards, slams GOP ‘handout’ to industry
Senator Elizabeth Warren introduced new regulatory guidelines for the cryptocurrency market, highlighting concerns about previous legislative measures that she views as overly favo...
Read Full Article →Story and World partner to verify IP ownership onchain amid proliferation of AI-generated content
By incorporating identity verification technology, the collaboration enables creators to authenticate and manage the usage rights of their digital assets, potentially enhancing rev...
Read Full Article →Kraken and Backed to expand xStocks support to BNB Chain alongside Solana
The extension of xStocks trading to BNB Chain by Kraken and Backed allows investors to access tokenized U.S. stocks on a new blockchain, potentially increasing market participation...
Read Full Article →BNY Mellon to custody dollar reserves for Ripple’s RLUSD stablecoin
By entrusting BNY Mellon with its dollar reserves, Ripple aims to enhance the security and credibility of the assets supporting its RLUSD stablecoin in the financial market.
Read Full Article →Japan’s Remixpoint says it raised $215 million to expand bitcoin treasury
Remixpoint’s recent $215 million funding aims to increase its bitcoin holdings significantly, following a strategic approach similar to other companies that have successfully grown...
Read Full Article →Bitwise calls ETH, SOL, XRP, LINK the ‘cleanest’ plays as tokenization narrative builds
Analysts from Bitwise suggest that increasing tokenization adoption may generate greater financial impact than other cryptocurrency trends, highlighting certain tokens as particula...
Read Full Article →Ripple’s RLUSD stablecoin hits $500 million market cap within seven months of launch
Ripple's RLUSD stablecoin achieved a market valuation of $500 million in under seven months, highlighting rapid growth as the company pursues a U.S. banking license for regulatory...
Read Full Article →New Zealand to ban crypto ATMs in broader efforts to combat money laundering
The restriction on digital currency machines in New Zealand aims to reduce illegal financial activities, potentially impacting the accessibility and transactions within the emergin...
Read Full Article →Eigen Labs lays off 25% of workforce to focus on EigenCloud: report
Eigen Labs is reducing its staff by a quarter to reallocate resources and prioritize development and growth efforts on its recently introduced cloud-based service, EigenCloud.
Read Full Article →GameSquare shares surge 60% after board approves $100 million Ethereum treasury initiative
GameSquare's decision to create a substantial Ethereum reserve has attracted investor interest, leading to a notable increase in stock value following the board's recent approval.
Read Full Article →South Korea seeks to grant startup benefits to crypto firms through reclassification
South Korea's initiative to reclassify cryptocurrency companies as venture businesses aims to provide them with access to government support and financial incentives designed to bo...
Read Full Article →Two men charged in $650 million global fraud scheme involving foreign exchange trading and crypto
Authorities have accused two individuals of orchestrating an international fraud that resulted in the misappropriation of hundreds of millions of dollars through foreign exchange a...
Read Full Article →What’s next: Crypto ETF ‘floodgates’ poised to open as SEC weighs faster approval framework
The potential approval of numerous spot cryptocurrency ETFs by the SEC could significantly increase market liquidity and investor access, potentially reshaping investment strategie...
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