Blockchain startup Slash has secured $41 million in Series B funding, valuing the company at approximately $370 million. The round was led by Goodwater Capital, with participation from existing investors including 1confirmation, CoinFund, and Fenbushi Capital. The funding will be used to expand the ... Read More

Indonesia-based fintech firm DigiAsia (Nasdaq: FAAS) is set to raise $100 million to purchase Bitcoin and allocate up to 50% of future net profits for continued BTC accumulation. The company aims to explore yield strategies such as lending and staking with regulated partners, potentially issuing ... Read More

The South Korean cryptocurrency exchange Bithumb has witnessed a significant surge in its market share, now accounting for approximately 25% of the country's total crypto trading volume. This substantial growth marks a notable increase from its single-digit market share in 2023. According to reports... Read More

Solana Mobile, a subsidiary of Solana Labs, is set to begin shipping its second-generation Seeker device on August 4. The company has received an impressive 150,000 pre-orders for the device, which is expected to generate over $67.5 million in revenue. The Seeker device is a smartphone that runs on ... Read More

Bitcoin experienced a significant surge, briefly surpassing the $110,000 mark on the Binance platform. The cryptocurrency reached a high of $110,797.38, indicating a 0.82% increase within the last 24 hours. This remarkable price action has had a substantial impact on the market, with over $451 ... Read More

The Texas House has taken a significant step towards embracing cryptocurrencies by passing Senate Bill 21 (SB 21) on its third reading with a vote of 101–42. This bill proposes the establishment of the Texas Strategic Bitcoin Reserve, a state-managed fund dedicated to investing in ... Read More

OKX Web3 Wallet has recently announced that it will be suspending support for the Runes trading market, effective June 5, 2025. As a result, all related trading functions for Runes will be closed, marking a significant development in the cryptocurrency landscape. Runes, a token protocol built on ... Read More

Binance Wallet has announced the launch of the ALLO (RWA) Token Generation Event (TGE) subscription period. The event will take place on May 22, 2025, from 4:00 PM to 6:00 PM (UTC+8). ALLO is a solution for tokenizing financial assets on-chain and was selected for the YZi Labs incubation program ... Read More

The launch of Binance Alpha 2.0's airdrops and trading competitions has led to a significant surge in the platform's daily trading volume. On May 20, Binance Alpha 2.0 recorded a staggering $2 billion in daily trading volume, marking a new record for seven consecutive days. This impressive figure ... Read More

The South Korean Financial Services Commission (FSC) has announced new regulations that will allow non-profit organizations to sell cryptocurrency obtained through donations starting from June 2025. Additionally, cryptocurrency exchanges will be permitted to liquidate user fees paid in crypto ... Read More

The U.S. Supreme Court dealt a significant blow to President Donald Trump's attempts to exert control over independent federal agencies by ruling on May 23 that the Federal Reserve, with its "uniquely structured, quasi-private entity" status, is not subject to his request to remove the heads of ... Read More

Binance Futures is set to launch B USDT perpetual contracts on May 23 at 00:30 (UTC+8), marking a significant development in the cryptocurrency derivatives market. B, also known as BUILDon, is a full-chain, smart investment platform that has gained attention in recent times. The platform utilizes ... Read More

Sonic Labs, a leading blockchain platform, has entered into a strategic partnership with GSR, a prominent market maker in the digital asset space. This collaboration aims to bolster liquidity for Sonic's S token and support the overall growth of its decentralized finance (DeFi) ecosystem. GSR, a ... Read More

In a recent CNBC interview, prominent U.S. crypto advocate David Sacks expressed his belief that the passage of the GENIUS Act stablecoin bill could lead to a surge in demand for U.S. Treasuries, potentially generating trillions of dollars. Sacks believes that once the bill establishes a legal ... Read More

The cryptocurrency market is witnessing a significant development with the launch of the first XRP futures ETF, ticker symbol XRPI, on the Nasdaq exchange. This innovative financial product is being introduced by Volatility Shares, a company that specializes in creating investment vehicles that ... Read More

The cryptocurrency market has been experiencing a significant surge in investment inflows, particularly in spot Bitcoin and Ethereum exchange-traded funds (ETFs). On May 21, spot Bitcoin ETFs recorded a total net inflow of $609 million, marking six consecutive days of net inflows. This substantial ... Read More

Sui validators demonstrated a coordinated response to a recent security incident by implementing transaction filtering at the mempool stage. This allowed them to ignore transactions originating from hacker addresses, effectively freezing $160 million worth of assets. The success of this approach ... Read More

Binance Alpha, a leading cryptocurrency exchange, has announced the upcoming launch of a new project called Sophon (SOPH) on May 28 at 13:00 UTC. Alongside the launch of SOPH, Binance Alpha will also introduce a new SOPH/USDT perpetual contract. This move signals Binance Alpha's commitment to ... Read More

The cryptocurrency market is bracing for a significant event as 25,000 Bitcoin (BTC) options are set to expire on Friday, April 14th. With a Put/Call ratio of 1.22, the market is leaning towards a bearish sentiment. The max pain point for Bitcoin options is projected to be at $104,000, indicating ... Read More

Upbit, one of South Korea's leading cryptocurrency exchanges, has announced plans to list the SOON token for trading. The token will be available for trading against both Bitcoin (BTC) and Tether (USDT) pairs. This move aims to expand the trading options for users on the platform and attract more ... Read More

The U.S. spot bitcoin exchange-traded fund (ETF) market experienced a record-breaking week, with $25 billion in trading volume and $2.75 billion in net inflows. This marks the second-largest weekly inflow since these funds were launched in early 2024. BlackRock's Institutional Bitcoin Trust (IBIT) ... Read More

The cryptocurrency market has once again proven to be a fertile ground for traders to make substantial profits, with the story of James Wynn being a prime example. Wynn, a skilled trader, has made headlines by closing all his $PEPE positions, resulting in a cumulative profit of $25.18 million. This ... Read More

US President Donald Trump reportedly used the presidential seal during a private dinner for holders of the TRUMP meme coin, raising concerns that he may have violated Section 713 of Title 18 of the United States Code. The law prohibits the unauthorized use of the presidential seal, with potential ... Read More

Bitcoin and Ethereum spot exchange-traded funds (ETFs) have been experiencing a surge in interest from investors in recent days. Data from May 23 shows that Bitcoin ETFs saw a total net inflow of $212 million, marking eight consecutive days of net inflows. This significant influx of capital into ... Read More

The cryptocurrency market has witnessed a tumultuous week, marked by significant events that have sent shockwaves throughout the industry. One of the most notable incidents was the hacking of Sui DEX, a decentralized exchange, which resulted in a substantial loss of funds. Reports indicate that ... Read More

U.S. President Donald Trump announced a significant extension for the implementation date of the 50% tariff on EU goods, shifting it from June 1 to July 9, 2025. This decision came in response to a request made by European Commission President Ursula von der Leyen during a call earlier in the day. ... Read More

Tether CEO Paolo Ardoino has revealed the company's plans to maintain its focus on overseas markets, even as the U.S. continues to develop its stablecoin legislation. In an interview with Bloomberg, Ardoino stated that Tether is closely monitoring the implementation of the Genius Act, particularly ... Read More

BNP Paribas Asset Management (BNPP AM), the largest bank in France, has taken a significant step forward in the adoption of blockchain technology by launching natively tokenized money market fund shares. The primary purpose of this initiative is to test the feasibility of using distributed ledger ... Read More

Coinbase, one of the largest cryptocurrency exchanges, is facing a lawsuit from investor Brady Nessler. The suit, filed on May 22 in the U.S. District Court for the Eastern District of Pennsylvania, alleges that Coinbase delayed disclosing a data breach that exposed users' personal information. This... Read More

Dolomite, a decentralized finance (DeFi) project on the Ethereum Mainnet, has announced a significant upgrade to its primary liquidity pool, transitioning it to DOLO/USD1. This development is expected to enhance the overall trading experience for users of the platform. The upgrade is a strategic ... Read More

The Trump Media & Technology Group (TMTG), led by the Trump family, is reportedly planning a significant investment in cryptocurrencies like Bitcoin. According to the Financial Times, the company aims to raise around $3 billion to fund its crypto ventures. The funding will primarily come from a $2 ... Read More

Strategy, a prominent crypto investment firm, has made significant strides in its Bitcoin holdings, acquiring a total of 4,020 BTC for approximately $427.1 million. This acquisition was made at an average price of $106,237 per bitcoin. The impressive performance of Strategy's Bitcoin investment ... Read More

Bybit, a prominent cryptocurrency exchange, has announced the official launch of native USDC support on the Aptos network. This significant development enables users to deposit and withdraw USDC directly on the Aptos blockchain, starting from May 26 and May 29, respectively. The introduction of USDC... Read More

The upcoming Friday's Personal Consumption Expenditures (PCE) print is set to capture the attention of traders, as it is a crucial indicator for the Federal Reserve's future monetary policy decisions. Despite the recent easing of oil prices, the growing port congestion in Europe is beginning to ... Read More

In a significant development for the cryptocurrency market, spot Bitcoin ETFs witnessed a staggering net weekly inflow of $2.75 billion from May 19 to May 23 (ET). This impressive figure places it as the third-highest weekly inflow in the history of these funds. The surge in investments indicates ... Read More