Nasdaq-listed Classover plans to raise up to $500 million in new deal to build SOL treasury - The Block, sol, Crypto, solana, million

Nasdaq-listed Classover plans to raise up to $500 million in new deal to build SOL treasury

Shares of Classover Holdings Inc., a Nasdaq-listed educational technology company, jumped 39.85% on Monday after it announced plans to raise up to $500 million to build a SOL-based corporate treasury. SOL is the native token of the Solana blockchain.

47 key crypto hires, moves and exits: May 2025 - The Block, Crypto, may, crypto, algorand, echo, vp, visa

47 key crypto hires, moves and exits: May 2025

Crypto firms kept busy in May with a steady stream of exec hires, largely in legal, comms, partnerships, and business development. These are the types of hires that lay the groundwork for growth — operational muscle to support the next cycle. Big nam

Metaplanet buys 1,088 more bitcoin, pushing total holdings to 8,888 BTC worth over $930 million - The Block, solana, xrp, Crypto, million, block, zero, asia, one, btc, japan, bitcoin

Metaplanet buys 1,088 more bitcoin, pushing total holdings to 8,888 BTC worth over $930 million

Japan's Metaplanet announced today it purchased an additional 1,088 BTC, bringing its total holdings to 8,888 BTC ($930 million).The latest purchase cost Metaplanet 16.885 billion Japanese yen ($117.5 million), buying bitcoin at its per token price o

REX Shares and Osprey Funds file with SEC to offer staking Ethereum and Solana ETFs - The Block, eth, Crypto, block, sec, ethereum, crypto, solana, bitcoin, one, donald trump

REX Shares and Osprey Funds file with SEC to offer staking Ethereum and Solana ETFs

REX Shares and Osprey Funds plan to offer so-called "staking ETFs" that provide holders with token rewards while also tracking the underlying Ethereum and Solana assets, according to a U.S. Securities and Exchange Commission filing on Friday.Accordin

Bitcoin, alts dip amid muted US PCE inflation outcome - The Block, trump, bitcoin, donald trump, crypto, block, pce, xrp, ada, dogecoin, april, Crypto

Bitcoin, alts dip amid muted US PCE inflation outcome

Bitcoin and the broader crypto market remained downbeat on Friday despite April’s Core Personal Consumption Expenditures index — the U.S. Federal Reserve’s preferred inflation gauge — matching analyst expectations and signaling the slowest yearly inc

Hyperliquid trader James Wynn hit with over $100 million loss as leveraged bitcoin trade unravels - The Block, wynn, btc, donald trump, Crypto, bitcoin, one, million

Hyperliquid trader James Wynn hit with over $100 million loss as leveraged bitcoin trade unravels

Hyperliquid trader James Wynn experienced a liquidation of 1,044.63 BTC on the platform following bitcoin's price dip, resulting in a loss worth around $110 million over the past week.As a self-proclaimed "high-risk leverage trader," Wynn gained sign

SEC says proof-of-stake staking activities do not constitute securities transactions - The Block, crypto, Crypto, gensler, sec

SEC says proof-of-stake staking activities do not constitute securities transactions

The U.S. Securities and Exchange Commission's Division of Corporation Finance announced Thursday that certain blockchain staking activities do not involve the offering of securities."Accordingly, it is the Division's view that participants in Protoco

B2B stablecoin payments surge to $36 billion annual pace, survey finds - The Block, tether, swift, polygon, tron, block, usdt, artemis, Crypto, stablecoin

B2B stablecoin payments surge to $36 billion annual pace, survey finds

Business-to-business payments represent the fastest-growing segment of stablecoin flows, according to a new survey by analytics firm Artemis co-authored by investment firms Castle Island and Dragonfly Ventures. The finding marks a major shift for the

US Treasury sanctions firm linked to $200 million in ‘pig butchering’ scams - The Block, pig, block, Crypto, crypto, 2024

US Treasury sanctions firm linked to $200 million in ‘pig butchering’ scams

The U.S. Treasury Department sanctioned a Philippines-based company accused of enabling multiple "pig butchering" scams, which defrauded U.S. victims of more than $200 million with an estimated average loss of $150,000 per person.According to a state

Tether-backed Bitcoin treasury firm Twenty One raises total financing to $685 million after second note sale - The Block, tether, worth, second, block, strike, million, bitcoin, Crypto, trump

Tether-backed Bitcoin treasury firm Twenty One raises total financing to $685 million after second note sale

Twenty One Capital (ticker CEP), the new “Bitcoin treasury” company led by Strike founder Jack Mallers, has raised an additional $100 million by selling convertible notes, bringing its total capital raised to $685 million, according to an updated 8-K

Bitcoin, crypto rally expected to resume after dip on hawkish Fed minutes, analysts say - The Block, bitcoin, crypto, xrp, Crypto, eth, dogecoin, block, brn, ath

Bitcoin, crypto rally expected to resume after dip on hawkish Fed minutes, analysts say

Bitcoin and cryptocurrency prices posted moderate losses following hawkish signals from minutes of the May 6-7 Federal Open Market Committee (FOMC) session released Wednesday.U.S. Federal Reserve officials flagged potential “difficult tradeoffs” tied

Circle freezes $58 million in USDC linked to Libra memecoin scandal: Arkham - The Block, solana, circle, usdc, libra, arkham, hawk, Crypto, block, milei, memecoin, one, tether

Circle freezes $58 million in USDC linked to Libra memecoin scandal: Arkham

Stablecoin issuer Circle has frozen two wallet accounts linked to the Libra memecoin scandal, containing around $57.6 million in USDC, Arkham reported Wednesday.According to screenshots provided by Arkham, one frozen Libra wallet contains $44.59 mill

Eric Trump says Michael Saylor inspired their crypto aspirations as president’s sons predict Bitcoin can ‘clear’ $170,000 - The Block, crypto, eric, trump, house, Crypto, block, asia, donald trump, djt, america, bitcoin

Eric Trump says Michael Saylor inspired their crypto aspirations as president’s sons predict Bitcoin can ‘clear’ $170,000

President Donald Trump’s eldest sons, Don Jr. and Eric, both think Bitcoin could clear $170,000 by the end of 2026, according to price predictions they offered on stage Wednesday at the Bitcoin 2025 conference in Las Vegas, Nevada.More specifically,

GameStop buys 4,710 bitcoin for corporate treasury: filing - The Block, Crypto, april, gme, bitcoin, crypto, block

GameStop buys 4,710 bitcoin for corporate treasury: filing

Video game retailer GameStop said Wednesday it acquired 4,710 bitcoin, according to a Form 8-K filing with the U.S. Securities and Exchange Commission. The company did not disclose the total amount spent on the purchase.With bitcoin trading around $1

Trump’s crypto czar David Sacks outlines pathway to expand US Strategic Bitcoin Reserve - The Block, Crypto, ach, america, bitcoin, crypto, trump, defi

Trump’s crypto czar David Sacks outlines pathway to expand US Strategic Bitcoin Reserve

During a fireside chat with Gemini co-founders Cameron and Tyler Winklevoss at Bitcoin 2025 in Las Vegas on Tuesday, White House crypto czar David Sacks outlined how the U.S. Strategic Bitcoin Reserve could acquire more bitcoin beyond the existing se

Cork Protocol pauses contract amid $12 million DeFi exploit - The Block, Crypto, eth, crypto, defi, block

Cork Protocol pauses contract amid $12 million DeFi exploit

Cork Protocol, a decentralized finance venue for trading pegged asset-related risks, lost about $12 million in wrapped staked ETH, or wstETH, on Wednesday. The attacker withdrew some 3,761.87 wstETH using a malicious contract, according to security a

Australia sues ex-crypto exchange director for allegedly mismanaging user funds - The Block, crypto, Crypto, acx, asic, block

Australia sues ex-crypto exchange director for allegedly mismanaging user funds

The Australian Securities and Investments Commission (ASIC) announced civil penalty proceedings against Allan Guo, the former executive behind defunct cryptocurrency exchange ACX, for breach of duties.ACX Exchange operated from 2016 until it collapse

Metaplanet eyes more bitcoin purchases with new $50 million bond raise - The Block, Crypto, asia, btc, zero, japan, bitcoin, block

Metaplanet eyes more bitcoin purchases with new $50 million bond raise

Metaplanet, often dubbed Asia’s Strategy for its bullish bitcoin strategy, has issued $50 million in zero-interest bonds to finance further BTC purchases.According to a Thursday filing, the bond issuance — Metaplanet’s 16th to date — was fully subscr

Strategy’s softening pace of bitcoin buys reflects shrinking premium and rising corporate treasury competition, K33 says - The Block, atm, mstr, Crypto, nav, bitcoin

Strategy’s softening pace of bitcoin buys reflects shrinking premium and rising corporate treasury competition, K33 says

Strategy (formerly MicroStrategy) has continued its aggressive bitcoin acquisitions in recent weeks, albeit at an increasingly softer pace than its November peak.This slowdown can be attributed to a declining premium for Strategy's Class A common sto

IMF to ‘ensure’ that El Salvador does not buy any more bitcoin - The Block, Crypto, el, bitcoin

IMF to ‘ensure’ that El Salvador does not buy any more bitcoin

The International Monetary Fund announced Tuesday that it will work to "ensure" that the amount of bitcoin held by El Salvador's government does not change — a stance that runs counter to President Nayib Bukele's continued advocacy for increasing the