Octra announces $20M public token sale on Sonar at $200M valuation
Key Takeaways Octra is launching a $20 million public token sale through the Sonar platform. The token sale represents a...
Business
Bitwise’s Crypto Index Fund Moves to NYSE Arca
Bitwise Asset Management’s 10 Crypto Index Fund (BITW) is moving from the over-the-counter market to NYSE Arca, a shift that...
USDT Wins Regulatory Recognition in Abu Dhabi’s ADGM
Tether’s USDt, the largest stablecoin by circulation, has secured a regulatory milestone in Abu Dhabi’s international financial center, opening the...
WisdomTree Launches Tokenized Options-Income Fund EPXC Onchain
Global asset manager WisdomTree has launched a new digital asset fund that brings a traditional options strategy onchain, a development...
French banking giant BPCE will start letting customers buy Bitcoin and major tokens on Monday
Key Takeaways BPCE is allowing customers to buy Bitcoin, Ether, Solana, and USDC directly through its apps in a phased...
‘European SEC’ Proposal Licensing Concerns, Institutional Ambitions
The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about...
Polymarket Building Internal Market-Making Team, Bloomberg Reports
Polymarket is recruiting staff for an internal market-making team that may trade against users on its platform.The company has recently...
Twenty One Capital to List on NYSE After Cantor Merger
Twenty One Capital, a Bitcoin-focused financial company led by Jack Mallers, expects its shares to begin trading on the New...
Strategy transfers $1B in Bitcoin to Fidelity Custody
Key Takeaways Strategy, a major corporate Bitcoin holder, transferred $1 billion in Bitcoin to Fidelity Custody. The move represents diversification...
ETHZilla Buys 20% of Karus to Tokenize AI-Modeled Auto-Loan Portfolios
Crypto treasury company ETHZilla (ETHZ) has taken a strategic step into onchain credit with the acquisition of a 20% fully...
Unlimit Debuts Stable.com for Non-custodial Stablecoin Swaps
Fintech payments provider Unlimit has launched a non-custodial platform designed to act as a clearinghouse for major stablecoins and provide...
Bitcoin Miners Face Harshest Margins on Record
The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even...
Tether CEO dismisses insolvency claims, says critics ignore $30B in group equity
Key Takeaways Tether CEO Paolo Ardoino dismissed claims questioning potential insolvency of USDT. Tether holds around $30 billion in group...
Strategy May Sell Bitcoin If mNAV Drops and No Capital is Available: CEO
Strategy would consider selling Bitcoin only if its stock falls below net asset value and the company loses access to...
Fire Breaks Out at Greenidge New York Facility, Forcing it Offline
Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden,...
CME Halts Trading for Several Hours Before Restoring Service
The Chicago Mercantile Exchange (CME), the world’s largest financial derivatives exchange, halted trading for about 10 hours from Thursday into...
Ark Invest acquires 174K Alphabet shares as the stock hits all time high
Key Takeaways Ark Invest, led by Cathie Wood, acquired 174,000 shares of Alphabet. Alphabet's stock price is surging due to...
Trump-Linked Alt5 Sigma Treasury Company Dumps CEO, COO
ALT5 Sigma, a crypto treasury company with ties to US President Donald Trump, replaced CEO Jonathan Hugh and cut ties...
Robinhood Eyes Prediction Markets with FTX-Linked Acquisition
A company with ties to the defunct cryptocurrency exchange FTX is being acquired by Robinhood Markets and Susquehanna International Group...
Klarna Launches Stablecoin on Stripe’s Tempo Blockchain
Payments company Klarna has launched a stablecoin, becoming the first digital bank to issue a token on Tempo, the new...
Exodus moves to acquire Baanx, Monavate in $175M deal to bring card and payments infrastructure in-house
Key Takeaways Exodus Movement, a crypto wallet provider, acquired Baanx and Monavate for $175 million. This marks Exodus's transition from...
Biotech Penny Stock To Raise $212M In Prediction Market Token Play
A Nasdaq-listed biotech firm is raising $212 million in a late-cycle pivot into crypto, planning to buy the token of...
