Smaller, less liquid tokens such as Solana and Cardano led a decline in cryptocurrencies after market participants sought safety following Israeli airstrikes on Iranian nuclear facilities. Bitcoin, which represents over 60% of the digital asset world’s market value, hovered near…
OneBalance raises $20 million funding led by Cyber Fund
OneBalance, a London-based crypto software company founded in 2024, has secured $20 million in a Series A round led by Cyber Fund and Blockchain Capital. Participation from Mirana Ventures and L2IV brought total funding to $25 million. With its flagship…
Singapore Offshore Crypto Exchanges to Plan Exit
A recent directive from the Monetary Authority of Singapore has compelled major cryptocurrency exchanges without local licences to prepare for an expedited withdrawal from the city-state. The MAS warning, issued on 30 May 2025, gave offshore operators until 30 June…
SEC Asks 7 ETF Issuers to Revise Filings Before Approval?
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…
Metaplanet Backs $5.4 Billion Rights Issue to Grow Bitcoin
In a bold move that captured market attention, Metaplanet, a Japanese hospitality firm-turned-crypto investor, announced a plan to raise approximately $5.4 billion to expand its Bitcoin reserves, already valued at nearly $1 billion. The announcement sent Metaplanet’s shares soaring by…
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…