Pantera Capital has committed $300 million to companies holding large crypto treasuries, arguing that their performance could outpace traditional crypto exchange-traded funds (ETFs). In a Tuesday note, general partner Cosmo Jiang and head of content Erik Lowe described digital...
Disgruntled former customers of the collapsed crypto exchange FTX are seeking to strengthen their lawsuit against Fenwick & West, accusing the law firm of playing a pivotal role in the exchange’s downfall. In a proposed amended complaint filed on...
Bakkt Holdings has announced a strategic overhaul, shifting to a pure-play crypto infrastructure company following a $75 million capital raise. This move marks a decisive departure from its previous consumer-focused operations towards high-growth infrastructure solutions, including advanced stablecoin payments...
Jeff Bezos’s aerospace company, Blue Origin, has announced that customers can now pay for spaceflights using cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), as well as stablecoins USDT and USDC. This new payment option is enabled through a...
KuCoin has become the first global cryptocurrency exchange to support UBS uMINT, a tokenized money market investment fund launched by UBS Asset Management and distributed through licensed platform DigiFT. The move allows institutional tokenholders to use UBS uMINT as...
Shares of Nasdaq-listed beverage maker Safety Shot (SHOT) tumbled more than 50% on Monday after the company unveiled plans to allocate $25 million to Bonk (BONK), a Solana-based memecoin, as the centerpiece of its new corporate treasury strategy. In...
Spot Ether exchange-traded funds (ETFs) recorded their largest-ever single-day net inflows on Monday, pulling in $1.01 billion amid a sharp rally in Ethereum’s price and renewed bullish sentiment in the crypto market. BlackRock’s iShares Ethereum Trust (ETHA) dominated inflows,...
South Korea’s cryptocurrency exchange Bithumb has sharply reduced the scale of its recently launched coin lending service, slashing the leverage ratio from 4x to 2x and cutting the maximum lending amount by 80%, from 1 billion won to 200...
Video-sharing platform Rumble is weighing an all-stock acquisition of Northern Data, the Tether-backed AI and data center operator, in a move that could create a global AI cloud leader. In an August 10 statement, Rumble confirmed it had expressed...
Nasdaq-listed company ALT5 Sigma is preparing to integrate World Liberty Financial’s (WLFI) native token into its treasury portfolio, as part of a significant $1.5 billion capital raise led by the Trump-backed decentralized finance (DeFi) project. This strategic partnership was...
