Digital Asset Treasuries
Legal
Former FTX executives Gary Wang, Nishad Singh face sentencing later this year
Legal experts suggest that FTX executives Wang and Singh's cooperation with prosecutors may reduce their sentences.
Technology
Rome Protocol secures $9 million to bring Solana capabilities to Ethereum Layer-2
Rome Protoocol would allow Ethereum-based rollups to use Solana as a shared sequencer.
Crypto
Hut 8 ramps up with 205 MW deal in Texas, boosting capacity to 1.3 GW
Hut 8 stock rises as miner secures major Texas power deal.
Crypto
German receives small CoinJoin deposits amid ‘negligible’ $326 million Bitcoin sales
CoinJoin transactions have attracted heavy regulatory scrutiny recently.
Technology
Cardano’s Node 9.0.0 paves way for transformative Chang hard fork
Cardano's Hoskinson says Chang will help the network to become the most scalable ecosystem in 24 months.
Stablecoins
PayPal’s PYUSD supply surges 90% after Solana expansion, market cap hits $500 million
PayPal's PYUSD trading volume spikes following its integration with major Solana DeFi protocols.
Crypto
PRConnect taps MediaFuse for guaranteed coverage in blockchain, fintech sectors
PRConnect and MediaFuse join forces to boost global content distribution.
Mining
Bitfarms appoints new CEO as Riot intensifies takeover bid
Riot Platforms has launched a dedicated website to rally Bitfarms shareholders against the board.
Regulation
Messari CEO declares independence, wages regulatory war on ‘illegitimate’ SEC
Crypto firm Messari severs relations with SEC, accuses Gensler of corruption.
Investments
Bitcoin’s price drop created $441 million buying frenzy for crypto investment products
CoinShares observed that investors diversified their funds across different digital assets beyond Bitcoin last week.
Adoption
BlackRock’s BUIDL fund inches toward $500 million amid crypto market struggles
BlackRock's BUIDL fund has captured almost 30% of the market in less than four months of its operations.
Crypto
Bitcoin price fluctuates amid Metaplanet acquisition and German sales
Metaplanet buys 42.466 BTC as Germany offloads 1,000 BTC.