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Crypto News

SEC Reviews Grayscale Fund Listing

The Securities and Exchange Commission (SEC) has announced that it will review the decision to approve the listing of Grayscale Digital Large Cap Fund LLC trust shares on NYSE Arca. This decision was initially made by the Division of Trading and Markets on July 1, under Rule 431, which allows for ... Read More

Crypto News

Ripple Seeks Federal Oversight for Stablecoin RLUSD

Ripple, the blockchain payments company, has made a significant move by applying for a national banking license from the U.S. Office of the Comptroller of the Currency (OCC). This application aims to bring its stablecoin, RLUSD, under federal oversight, a strategic decision that could enhance its ... Read More

Crypto News

Tech Titans Palmer Luckey, Joe Lonsdale, and Peter Thiel Plan New Bank Erebor

Tech entrepreneurs Palmer Luckey, Joe Lonsdale, and Peter Thiel are in the process of establishing a new bank called Erebor, aimed at serving cryptocurrency companies and other financial institutions. The trio has reportedly applied for a national banking license in the United States, with the ... Read More

Crypto News

Addentax Group to Acquire $1.3B Worth of Bitcoin

Addentax Group, a Nasdaq-listed textile and logistics company based in Shenzhen, China, has entered into a non-binding term sheet with a major independent Bitcoin holder. The agreement outlines the acquisition of up to 12,000 Bitcoins, which currently have a combined market value of approximately ... Read More

Crypto News

Valour Launches New Crypto ETPs

Valour, a leading digital asset management company, has announced the launch of eight new SEK-denominated Exchange-Traded Products (ETPs) on the Swedish Spotlight Stock Market. The new ETPs are based on popular cryptocurrencies, including Bitcoin Cash (BCH), UNUS SED LEO (LEO), OKB (OKB), Polkadot ... Read More

Crypto News

Robinhood Stock Tokens Face Compatibility Issues

The recent statement from Electric Capital researcher Ren has shed light on the limitations of Robinhood's stock token contracts. According to Ren, these contracts form a closed system, where each transfer is required to check against a whitelist of approved wallets that have undergone Know Your ... Read More

Crypto News

Bit Digital Raises $162.9M for Ethereum Treasury and Transformation

Bit Digital, a Nasdaq-listed cryptocurrency mining company, has announced a significant move to raise approximately $162.9 million in net proceeds through additional stock issuance. The primary purpose of this capital infusion is to build an Ethereum (ETH) treasury and facilitate a complete ... Read More

Crypto News

Companies Buy More Bitcoin Assets

The first half of 2025 has seen a significant surge in bitcoin purchases by listed companies, with a total of 245,510 bitcoins acquired during this period. This figure is roughly twice the amount absorbed by Exchange-Traded Funds (ETFs) over the same timeframe, highlighting the growing interest and ... Read More

Crypto News

House Designates July 14 Week as Crypto Week for Major Legislation

The U.S. House leadership has made a significant announcement, designating the week of July 14, 2025 as "Crypto Week." During this pivotal period, three major pieces of legislation will be brought to the forefront for consideration. The first bill, the CLARITY Act, aims to provide greater regulatory... Read More

Crypto News

Bitcoin Whales Sell Massive Holdings

The cryptocurrency market has witnessed a significant shift in the past year, with early Bitcoin whales selling off a substantial portion of their holdings. According to a report by Bloomberg, these whales have sold over 500,000 BTC in the past year, which is worth more than $50 billion. This ... Read More

Crypto News

DeFi Corp Buys $2.7M SOL Tokens, Now Holds $98.1M in Assets

DeFi Development Corp., a leading decentralized finance company, made significant strides in its blockchain investment strategy by acquiring 17,760 SOL tokens on July 3, 2025. The purchase, valued at approximately $2.7 million, was made at an average price of $153.10 per token. This acquisition ... Read More

Crypto News

Tether and Adecoagro Partner on Renewable Energy Bitcoin Mining in Brazil

Tether, the stablecoin issuer, has entered into a Memorandum of Understanding with South American sustainable agriculture company Adecoagro to develop a Bitcoin mining project in Brazil. The joint initiative will leverage part of Adecoagro's 230 MW of renewable energy capacity, redirecting ... Read More

Crypto News

Binance Alpha Launches MemeCore Airdrop, Lists Infinity Ground

Binance Alpha, the research arm of the world's largest cryptocurrency exchange Binance, has introduced MemeCore (M) and launched an airdrop campaign. Eligible users can claim 1,000 M tokens by spending 15 Binance Alpha Points after the launch begins. This move aims to incentivize user engagement and... Read More

Crypto News

Bitstamp Secures Singapore License, Expanding APAC Presence

Bitstamp, the crypto exchange owned by Robinhood, has made significant strides in its global expansion efforts by securing a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This move marks the official launch of Bitstamp's business operations in the ... Read More

Crypto News

Bahrain Introduces Stablecoin Regulations

The Central Bank of Bahrain (CBB) has taken a significant step towards embracing digital currencies by introducing its new Stablecoin Issuance and Offering (SIO) Module. This regulatory framework is the country's first to allow the compliant issuance of stablecoins, marking a major milestone in ... Read More

Crypto News

Hayes Predicts Bitcoin Volatility Amid TGA Replenishment and Jackson Hole Conference

Cryptocurrency market analyst Arthur Hayes has warned that the market could experience sideways or slightly lower price action in the lead-up to the Jackson Hole conference in August. The conference, hosted by the Federal Reserve Bank of Kansas City, is a key event for central bankers and economists... Read More

Crypto News

REX-Osprey Solana + Staking ETF Surpasses $33M in First-Day Trading

The REX-Osprey Solana + Staking ETF, the first approved spot staking crypto ETF in the U.S., experienced a strong debut with $33 million in first-day trading volume. This impressive performance surpasses the trading volumes of both the Solana and XRP futures ETFs, as well as the average ETF debut. ... Read More

Crypto News

Sonic Research Unveils SonicCS 2.0 for Parallel Transaction Ordering

Sonic Research has introduced SonicCS 2.0, a groundbreaking consensus protocol designed to revolutionize blockchain transaction processing. Built on a Directed Acyclic Graph (DAG) architecture, SonicCS 2.0 incorporates overlapping elections to facilitate parallel transaction ordering across multiple... Read More

Crypto News

Cyberattack on C&M Software Leads to $140M Thefts, Crypto Conversion

A massive cyberattack on C&M Software, a crucial provider to Brazil's Central Bank, resulted in the theft of approximately $140 million on June 30, 2025. The attackers gained access to the reserve accounts of six financial institutions and swiftly converted $30 million to $40 million worth of ... Read More

Crypto News

Rostec to Launch RUBx Stablecoin Pegged 1:1 to Russian Ruble on Tron Blockchain

Rostec, Russia's state-owned technology conglomerate, is set to introduce its own fiat-backed stablecoin called RUBx later this year. The stablecoin will be fully collateralized by the Russian ruble and pegged 1:1 to the currency. RUBx will be built on the Tron blockchain and is expected to drive ... Read More

Crypto News

Binance Expands European Presence

Binance, the world's largest cryptocurrency exchange, has announced the appointment of Gillian Lynch as the Head of Europe and the United Kingdom. This strategic move is expected to oversee the company's expansion and compliance matters in the region. Lynch brings a wealth of experience to the role,... Read More

Crypto News

JD.com and Alibaba Push for Offshore Yuan Stablecoins in Hong Kong

In a move that could significantly impact the global digital currency landscape, JD.com and Alibaba's Ant Group are urging China's central bank to authorize yuan-based stablecoins. The two Chinese tech giants have proposed launching stablecoins in Hong Kong that are pegged to the offshore yuan. ... Read More

Crypto News

Ethereum Community Foundation Established, Polygon and GSR Launch Katana, Lido Activates Dual-Govern

The Ethereum Community Foundation (ECF) has been established to support the development and growth of the Ethereum ecosystem. The foundation will focus on projects that align with the Ethereum community's values and goals, and will work to promote collaboration and innovation within the ecosystem. ... Read More

Crypto News

Massive Bitcoin Heist Unfolds Slowly

The cryptocurrency community is abuzz with the news that a major Bitcoin whale address, holding approximately $8 billion in BTC, may have been compromised. Conor Grogan, a security expert at Coinbase, has raised suspicions about the address after noticing a peculiar transaction pattern. According to... Read More

Crypto News

Asia Leads Crypto Innovations

The past week has been significant for Asia in the realm of cryptocurrency and blockchain technology. Kazakhstan announced plans to launch a national crypto reserve, marking a substantial step towards embracing digital currencies. This move is expected to stabilize the crypto market within the ... Read More

Crypto News

80,000 Bitcoin Whale Transfer Possibly Related to Address Format Upgrade

Arkham analysis suggests that the recent transfer of 80,000 bitcoins by a large Bitcoin holder, known as a "whale," may be connected to the upgrade of the address format. This migration involves transitioning from the traditional "1-" address format to the newer "bc1q-" format. According to the ... Read More

Crypto News

Minna Bank Partners with Fireblocks, Solana Japan and TIS Inc for Stablecoin Project

Minna Bank, Japan's first digital native bank, has announced a significant partnership with Fireblocks, Solana Japan and TIS Inc to launch a groundbreaking stablecoin issuance technology verification project based on the Solana blockchain platform. This innovative collaboration aims to explore the ... Read More

Crypto News

Pump Fun Launches PUMP Token on Gate Exchange, July 12

Solana-based memecoin platform Pump Fun is set to launch its native token PUMP on July 12 via a public sale on Gate. The token has a total supply of 1 trillion, with 15% offered in the initial round at a price of $0.04 worth of USDT per token. The PUMP token aims to provide users with a fun and ... Read More

Crypto News

White House Announces 25% Tariff on South Korean and Japanese Imports Starting 2025

The White House has sent letters to South Korean President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba, informing them of a new trade policy. Starting August 1, 2025, the United States will impose a uniform 25% tariff on all products from South Korea and Japan. This tariff will be in ... Read More

Crypto News

Crypto VC Funding Sees 3.1% MoM Increase, $2.846 Billion Raised in June

In June, venture capital (VC) funding in the crypto industry experienced a modest 3.1% month-over-month (MoM) increase, with 66 deals closed. However, the total funding amount of $2.846 billion marked a significant 27.9% decline compared to May. Despite the slight MoM growth, the crypto VC ... Read More

Crypto News

OKX DEX Sees Record Solana Network Activity Driven by LetsBONK

OKX's decentralized exchange (DEX) experienced a surge in activity on the Solana network on July 6, with a record single-day transaction volume of 534,000. This significant increase was primarily attributed to the LetsBONK market. Concurrently, the daily trading users on the Solana network reached ... Read More

Crypto News

Metaplanet Acquires 2,205 BTC for $238.7M, Boosting Year-to-Date Yield to 416.6%

Metaplanet, a leading cryptocurrency investment firm, has made a significant move in the market by acquiring a substantial amount of Bitcoin (BTC). The company has purchased 2,205 BTC for approximately $238.7 million, with an average price of $108,237 per BTC. This acquisition has had a substantial ... Read More

Crypto News

Elon Musk Announces America Party Supporting Bitcoin

Elon Musk, the billionaire entrepreneur and CEO of Tesla and SpaceX, has made a surprise announcement regarding his entry into the world of politics. Musk revealed the formation of a new political party called the "America Party," which he claims will champion the adoption of Bitcoin and reject ... Read More

Crypto News

Jack Dorsey Launches Decentralized Messaging App BitChat

Twitter co-founder and Block CEO Jack Dorsey has unveiled BitChat, a peer-to-peer messaging application designed to provide users with a secure and decentralized communication platform. Built on a store-and-forward model, BitChat ensures end-to-end encryption for all messages, safeguarding user ... Read More

Crypto News

Crypto Firm Eigen Labs Cuts Staff

Eigen Labs, a prominent player in the cryptocurrency space, has announced a significant restructuring effort, resulting in the layoff of 25% of its staff, equivalent to 29 employees. According to the company, this strategic decision aims to refocus its resources on the development and growth of its ... Read More

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