Trump Media & Technology Group Corp. is advancing its presence in the digital-asset arena with a third exchange-traded fund application. On Tuesday, the social-media company behind Truth Social, majority-owned by President Donald Trump, filed to launch a “Crypto Blue Chip”…
Firms from Uber to Amazon are testing 5 stablecoin pilots
In June, Uber CEO Dara Khosrowshahi revealed that the ridesharing giant was evaluating stablecoins for global money transfers, signaling a shift from skepticism to serious consideration among major technology leaders. A year earlier, such interest from a Fortune 500 executive…
Strategy Reports $14 Billion Unrealized Bitcoin Gain in Q2
Michael Saylor’s leadership of Strategy has transformed the company into the largest corporate Bitcoin holder, reshaping its financial profile and stock performance. In the second quarter, Strategy reported an unrealized gain of $14.05 billion driven by a rebound in Bitcoin’s…
CoreWeave to Acquire Core Scientific in $9 Billion Stock Deal
CoreWeave has agreed to acquire Core Scientific in an all-stock deal that values the bitcoin miner at about $9 billion. Under the terms, each Core Scientific share will convert into 0.1235 CoreWeave Class A shares, reflecting a 66% premium to…
Secret Service leads global effort to counter crypto scams
The United States Secret Service is intensifying its efforts against crypto fraud by equipping law enforcement teams worldwide with the skills to detect and dismantle sophisticated digital scams. Through its Global Investigative Operations Center (GIOC), the agency partners with authorities…
TOP raises $28.5 million to expand Telegram crypto services
The Open Platform (TOP) recently secured a transformative $28.5 million Series A round at a meticulously negotiated $1 billion valuation, cementing its status as a rising unicorn in the blockchain arena. Spearheaded by fintech specialist Ribbit Capital, with strategic participation…
Solana first ETF launches as 3 new altcoin funds debut
Cryptocurrencies have steadily made their way into mainstream finance, and the latest entrant, Solana, marks another milestone in this evolution. On Wednesday morning, investors witnessed the launch of the very first Solana exchange-traded fund on Cboe BZX, a prominent Chicago-based…
Ripple and BitGo Among 4 Firms Applying for US Bank Charters
Payments and stablecoin firm Ripple Labs Inc. and crypto custodian BitGo Inc. have recently submitted applications for national bank charters, signaling a significant shift in the financial services landscape. The filings mark a concerted push by nascent fintech firms to…
Trump Crypto Venture Secures $220M for Bitcoin Mining
A recent filing on Monday revealed that a Trump Crypto Venture backed by members of President Donald Trump’s family has successfully raised $220 million to purchase Bitcoin and digital asset mining equipment. This raise represents a significant capital infusion for…
Supreme Court sustains IRS summons for Coinbase data
The US Supreme Court recently declined to review an IRS summons compelling Coinbase Global Inc. to disclose transaction records for over 14,000 cryptocurrency users. This refusal came without comment, leaving intact a lower court decision that upheld the summons under…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
