Eigen Labs has rolled out EigenCloud, a platform designed to deliver blockchain-level trust for Web2 and Web3 applications. It brings together three core tools: EigenDA for data availability, EigenCompute for computing tasks, and EigenVerify for dispute resolution. The launch aims to simplify and scale decentralized infrastructure for developers. Coinciding with the alpha release, a16z Crypto …
Ubyx, a startup focused on clearing stablecoin transactions, has raised $10 million in seed funding. The round was led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, and others. Founded by former Citigroup executive Tony McLaughlin, the company plans to simplify stablecoin transfers across blockchains. Ubyx is set to launch by the end …
Thailand’s cabinet has approved a five-year personal income tax exemption on profits from the sale of Bitcoin and other cryptocurrencies. The move aims to encourage crypto adoption and investment in the country’s growing digital economy. By eliminating taxes on crypto gains, Thailand hopes to attract more retail and institutional investors while fostering innovation in blockchain …
OKX has officially launched fully compliant centralized crypto exchanges in Germany and Poland. The new platforms allow users in both countries to trade over 270 digital assets, including more than 60 crypto-to-euro trading pairs. This move marks a major step in OKX’s European expansion, offering a secure and regulated environment for crypto trading. By meeting …
The Blockchain Group, a French blockchain company, has raised about €7.2 million ($7.7 million) through an “ATM-type” capital increase program with asset manager TOBAM. The new shares were sold at an average price of €4.49 each. This funding will support the company’s plan to grow its BTC holdings and become a full-fledged Bitcoin treasury firm. …
On June 16, social media platform X suspended the official accounts of Pump.fun, its co-founder Alon Cohen, and several other memecoin platforms. The platform gave no explanation, prompting speculation about policy enforcement or regulatory action. Despite the suspensions, Pump.fun’s website remains fully functional and continues to generate Solana-based memecoins. The incident has raised fresh concerns …
Ripple Labs and the SEC have requested that the Second Circuit Court hold their appeal pending further action. In a filing dated June 16, 2025, the SEC stated it will submit a new status update by August 15. The pause allows the district court time to rule on a pending motion and for ongoing settlement …
Truth Social has officially filed an S-1 form with the U.S. SEC on June 16, 2025, to launch the Truth Social Bitcoin and Ethereum ETF, named “B.T.” Sponsored by Yorkville America Digital, LLC, the ETF aims to offer investors combined exposure to both Bitcoin and Ethereum through a single investment product. This move reflects Truth …
Justin Sun’s TRON is set to go public in the U.S. through a reverse merger with Nasdaq-listed SRM Entertainment. This move comes as the SEC pauses its fraud investigation into Sun. The deal, supported by a Trump-linked investment bank, will create a new entity called “Tron Inc.” Notably, Eric Trump is expected to take on …
Strategy has added 10,100 more Bitcoin to its holdings, spending around $1.05 billion at an average price of $104,080 per BTC. This pushes their total stash to 592,100 BTC as of June 15, 2025, bought at a total cost of approximately $41.84 billion, with an average entry price of $70,666 per coin. The firm has …
CoinShares has filed an S-1 form with the U.S. SEC, aiming to launch a Solana (SOL) exchange-traded fund. If approved, the ETF would offer traditional investors a regulated way to gain exposure to Solana without directly holding the token. This filing highlights Solana’s growing credibility in the crypto space and reflects rising institutional interest in …
Vietnam has passed the Law on Digital Technology, officially recognizing Bitcoin and other cryptocurrencies as digital assets. Set to take effect on January 1, 2026, the law distinguishes crypto from traditional financial assets without classifying them as securities or currency. Though not a full regulatory framework, it’s a key first step toward clearer crypto rules. …
MemeStrategy Inc., Asia’s first publicly listed digital asset firm, has made headlines by becoming the first Hong Kong-listed company to invest in the Solana ecosystem. The company acquired 2,440 SOL tokens on the open market, valued at approximately HKD 2.9 million. The purchase was made through OSL Group (863.HK), a licensed digital asset platform under …
Strategy Executive Chairman Michael Saylor recently met with Pakistan’s Finance Minister Muhammad Aurangzeb and Minister of Blockchain and Crypto Affairs Bilal Bin Saqib. In the meeting, Saylor said he’s open to acting as an advisor for Pakistan’s national crypto strategy. They discussed the idea of including Bitcoin in the country’s reserves and building a solid …
Metaplanet has made another bold move in the crypto space by purchasing 1,112 Bitcoin worth $117.2 million. This latest addition brings the company’s total Bitcoin holdings to an impressive 10,000 BTC. The strategic accumulation reflects Metaplanet’s growing confidence in Bitcoin as a long-term store of value. As institutional interest continues to rise, this milestone positions …
Walmart and Amazon are exploring the launch of their own USD-pegged stablecoins to reduce payment costs and speed up transaction settlements, according to the Wall Street Journal. Their plans depend on regulatory clarity from the upcoming Genius Act. Both retail giants are also considering joining a merchant-led stablecoin consortium or using third-party digital payment solutions. …
Ripple and the SEC have jointly asked a Manhattan court to lift the injunction in their ongoing case and release the $125 million civil penalty currently held in escrow. Under the proposal, $50 million would go to the SEC, while the remaining $75 million would be returned to Ripple. This joint motion is part of …
GameStop has increased its private offering of 0.00% convertible senior notes to $2.25 billion, up from the previously planned $1.75 billion. The notes are due on June 15, 2032. The company expects to raise around $2.23 billion in net proceeds, or up to $2.68 billion if the full overallotment option is exercised. GameStop plans to …
In a major shift, the U.S. SEC has rolled back several proposals introduced during Gary Gensler’s tenure. Among the withdrawn rules are the controversial expanded Custody Rule, the DeFi-targeted Rule 3b-16, and stricter ESG reporting mandates. These changes signal a softer regulatory stance as pressure mounts for clearer, more balanced crypto oversight. The move has …
Brazil’s proposed Bitcoin Reserve Bill has passed its first committee, marking a major step toward the country officially holding Bitcoin as part of its national reserves. The bill supports the idea of using Bitcoin as a strategic asset, aligning Brazil with the growing global trend of digital reserve diversification. While it still needs further approvals, …
BlackRock, the world’s largest asset manager with $11.5 trillion in assets, is setting its sights on managing over $50 billion in crypto assets by 2030. The company aims to become the largest crypto asset manager globally, signaling strong long-term confidence in the digital asset space. As institutional adoption grows, BlackRock’s ambitious target highlights the increasing …
Japanese fashion brand ANAP Holdings has expanded its Bitcoin portfolio, adding around 50.56 BTC in just two days. This latest purchase brings the company’s total Bitcoin holdings to 153.4627 BTC. The move reflects ANAP’s growing confidence in Bitcoin as a strategic asset. As more traditional companies in Japan explore crypto, ANAP’s increased investment highlights the …
Tether has purchased a 31.9% stake, about 78.4 million shares, in Elemental, a gold mining company listed in Canada. This marks a strategic move as Tether expands beyond crypto into real-world assets. The company also signed an option agreement with AlphaStream Limited, allowing it to buy an additional 34.4 million shares after October 29, 2025, …
Binance has reopened its platform to users in Syria after the suspension of U.S. sanctions. The country has been officially removed from Binance’s Prohibited Countries list, giving Syrian residents full access to trade, invest, and participate in the global crypto market. With this change, Syrians can now join over 270 million users worldwide on the …
The third in Strategy’s series of Bitcoin-backed preferred stocks, $STRD, officially begins trading on Nasdaq today. Designed for fixed-income investors, $STRD offers a unique blend of traditional yield structure with the security of BTC collateral. Issued by Strategy, the product aims to bridge the gap between crypto and conventional finance, giving investors access to a …
Sandeep Nailwal, co-founder of Polygon, has officially stepped in as CEO, marking a shift from the project’s previous decentralized governance model. The Polygon Foundation, which oversees Polygon Labs and other parts of the ecosystem, will now operate under Nailwal’s leadership. This move comes as Polygon looks to sharpen its focus and strategy in response to …
Crypto exchange MEXC has introduced a $100 million protection fund to guard against security vulnerabilities, hacks, and system risks. To ensure transparency, the fund’s wallet addresses and real-time balances will be made publicly available on the MEXC website. Users can track transactions directly through blockchain explorers. This move aims to boost user trust and platform …
Ukraine has introduced a new bill that could allow its central bank to hold Bitcoin and other cryptocurrencies as part of the country’s official reserves. The proposal marks a major shift in Ukraine’s approach to digital assets, signaling growing acceptance of crypto at the state level. If passed, the move would align Ukraine with a …
Peter Thiel-backed crypto exchange Bullish has confidentially filed for an IPO with the U.S. Securities and Exchange Commission (SEC). The move comes as the company seeks to capitalize on the Trump administration’s favorable stance on digital assets. Bullish was founded by Block.one, the company behind EOS, and made headlines in 2023 after acquiring crypto news …
Societe Generale-Forge, the crypto division of one of France’s top three banks, has launched a new USD-pegged stablecoin called USD CoinVertible (USDCV). The stablecoin will operate on both Ethereum and Solana blockchains, making it accessible across major decentralized ecosystems. BNY Mellon will act as the asset custodian, ensuring secure backing of the stablecoin. This move …