Quick Breakdown ARK Invest added $4.4M in BitMine shares, raising total holdings to $284M. BitMine now controls over 2M ETH, 42% of corporate Ethereum treasuries. Tom Lee expects Fed rate cuts to boost crypto and small-cap equities. ARK Invest...
Quick Breakdown CoinEx confirms full backing of all user deposits with a 100% reserve ratio. Total exchange assets exceed $803.6 million across major cryptocurrencies. Proof of Reserve highlights long-standing transparency since 2017. CoinEx has released its latest Proof of...
Quick Breakdown Backpack EU, operating as Trek Labs Europe, has launched a perpetual futures platform in Europe. The company refunded all former FTX EU customers before relaunching. CySEC reinstated its MiFID II license after a €200,000 settlement for past...
Quick Breakdown Sonic will issue 633.9M new S tokens to fund U.S. expansion, ETF plans, and a NASDAQ PIPE. Supply expands by 14%, but new burn mechanics are introduced to counteract dilution. The governance proposal passed with 99.98% approval,...
Quick Breakdown Kinto Network shutting down after fundraising collapse and a $1.6M hack. Investors face steep losses, with Kinto token down over 80% since the news. Recovery plan in place, lenders to recover 76% while hack victims receive grants....
Quick Breakdown Standard Chartered expects the Fed to cut rates by 50 bps in September, citing weak U.S. labour data. Bank of America forecasts two smaller rate cuts, while markets await Powell’s speech on September 17. Bullish sentiment is...
Quick Breakdown: OSL and MetaComp partnered to build compliant cross-border digital asset infrastructure between Hong Kong and Singapore. Focus on stablecoin payments, tokenized real-world assets, and institutional-grade liquidity solutions. $300M equity raise positions OSL for global expansion and leadership...
Quick Breakdown: HashKey to launch Asia’s largest multi-currency Digital Asset Treasury (DAT) fund with a $500M goal. The fund bridges traditional finance with crypto, focusing on BTC and ETH ecosystem projects. Initiative strengthens institutional access to compliant, long-term digital...
Quick Breakdown South Korea’s FSC capped crypto lending interest at 20% and banned leveraged loans. Only top 20 tokens or those listed on three or more local exchanges qualify for lending. Exchanges must fund lending with their own capital...
Quick Breakdown Monex raises its ownership in 3iQ Digital Holdings to 97.8% with a CAD 45.84M purchase. 3iQ’s assets under management climbed 39% to CAD 1.51B by June 2025. Monex is considering issuing yen-backed stablecoins for payments integration. Monex...
