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Antpool, Fireblocks and more join Botanix validator federation as founding team reduces control over Bitcoin Layer 2

Antpool, Fireblocks and more join Botanix validator federation as founding team reduces control over Bitcoin Layer 2

Botanix Labs, the protocol research team behind the Bitcoin scaling layer Botanix, has transitioned into a federated model and announced the addition of 16 independent node operators, including heavy-hitters like Antpool, Fireblocks, Galaxy, Hashkey Cloud, and Kiln, among others.Ā In practical terms,…

Fed’s Bowman confirmed as vice chair for supervision; Lummis calls it a win for crypto

Fed’s Bowman confirmed as vice chair for supervision; Lummis calls it a win for crypto

The US Senate confirmed Federal Reserve Governor Michelle Bowman to serve as vice chair for supervision at the central bank — a move that Sen. Cynthia Lummis said "signals a brighter future for digital assets."Bowman, who received President Trump's nomination for the role in March, secured confirmat…

Paradigm leads $5 million seed round in crypto credit startup 3Jane

Paradigm leads $5 million seed round in crypto credit startup 3Jane

Venture capital firm Paradigm led a $5.2 million seed round in the crypto credit startup 3Jane, which has also emerged from stealth, the companies said Wednesday.3Jane aims to bring the world of unsecured credit to digital assets.The company calls its protocol "a peer-to-pool credit-based money mark…

Trump’s top advisor Kevin Hassett discloses Coinbase holdings worth at least $1 million: Bloomberg

Trump’s top advisor Kevin Hassett discloses Coinbase holdings worth at least $1 million: Bloomberg

Director of the U.S. National Economic Council Kevin Hassett disclosed his stake in Coinbase Global Inc. worth at least $1 million, Bloomberg reported Tuesday.Hassett's Coinbase holdings, listed as vested stock, are reportedly valued at up to $5 million, as financial disclosures typically present as…

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

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.In a statement released Monday, the New York-headq…

47 key crypto hires, moves and exits: May 2025

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 names included moves at Aleo, Algorand, ParaFi, Taxbi…

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

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 of 15.5 million yen ($108,051). ThisĀ announcement c…

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

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.According to the firm’s SEC Form N-1A, the registration fo…

Bitcoin, alts dip amid muted US PCE inflation outcome

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 increase since early 2021.The core PCE rose 2.5% year…

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

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 significant recognition in the crypto space by executi…

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

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 Protocol Staking Activities do not need to register with …

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

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 stablecoin sector, which for years had been domin…