The U.S. Securities and Exchange Commission (SEC) has signaled that exchange-traded funds (ETFs) tied to Solana may soon receive approval, following targeted requests for amendments to S-1 registration statements and form 19b-4 filings. Asset managers behind at least three proposed…
Coinbase alumni raise $30 million for Turnkey crypto wallets
Turnkey is a crypto infrastructure company focused on simplifying the process of creating and managing digital wallets. Founded in 2022 by two former Coinbase employees, the company offers APIs that developers can use to build wallet features into their applications.…
Noah raises 22 million and adds Adyen veteran as cofounder
In a landscape often dominated by youthful dropouts chasing billion-dollar valuations, Noah stands out as a mature venture forged by seasoned professionals. Co-founded by Thijn Lamers, a former executive vice president at Adyen—a fintech firm valued at $60 billion—and Shah…
Pump.Fun Raises $1 Billion Token Sale in Solana Ecosystem
The decision by Pump.Fun to pursue a $1 billion token sale has prompted industry observers to evaluate its effects on the memecoin landscape. As the leading platform for rapid creation and distribution of joke-based tokens on Solana, Pump.Fun’s funding round…
UK FCA To Permit 1 Crypto ETN for Retail Investors?
The UK FCA has proposed lifting its ban on cryptocurrency exchange-traded notes (ETNs) for retail investors. The change would allow individuals to access crypto ETNs listed on recognized investment exchanges. The proposal is part of broader regulatory efforts aimed at…
Circle secures 1.1 billion from IPO at 31 per share?
The initial public offering of Circle Internet Group Inc. marked a pivotal moment for stablecoin issuers, as the company and its shareholders successfully raised nearly $1.1 billion by pricing the offering above expectations. This event underscored growing acceptance of digital…
Jim Chanos Warns of Saylor’s Trade but Skeptics Remain
The proposition to buy Strategy shares and short Michael Saylor’s Bitcoin accumulation plan has attracted significant attention on Wall Street. Legendary short-seller Jim Chanos argues that the arbitrage between Strategy’s market price and the intrinsic value of its Bitcoin holdings…
BitoPro Reports $11 Million Dollar Hack Impact on Users?
In early May 2025, BitoPro, a Taiwanese cryptocurrency exchange, confirmed a significant security breach. BitoPro’s team revealed that hackers targeted an old hot wallet during a system upgrade. This incident drew attention after a crypto sleuth highlighted approximately $11.5 million…
Australia Sees Crypto ATM Increase and Age Related Risks?
Australia approach to cryptocurrency regulation has intensified as the national financial crimes agency implements new limits on automated teller machines. Recent measures place a cap of A$5,000 (US$4,169.18) on cash deposits and withdrawals at crypto ATMs, reflecting growing concerns about…