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Digital asset treasury (DAT) investments have emerged as the dominant force in crypto capital allocation this year, with companies raising over $15 billion through August, according to data from The Block. These publicly traded entities pivot their corporate strategy to establish strategic digital a…
Decentralized perpetuals exchange GMX announced Wednesday that users affected by last month's security exploit can now claim their distributions on the dApp."About $44 million in value is being distributed, making all impacted Arbitrum GLP holders whole and marking a favorable resolution to the secu…
Jack Dorsey, the CEO of Block, Inc., a provider of mining hardware, is actively promoting Bitcoin adoption. After increasing its holdings by 108 BTC in Q2, roughly $12.6 million, the company is deepening its commitment to Bitcoin via various subsidiaries. The fintech company has introduced a set of …
Cathie Wood's Ark Invest has purchased another $19.2 million worth of Block Inc. shares across three of its exchange-traded funds, adjusting its exposure to crypto-related stocks.Ark Invest's latest trading disclosure shows that three of its ETFs purchased Block Inc. shares on Monday. The ARK Innova…
Turkish authorities have released "Fede's intern," an Argentine blockchain developer who was recently detained for allegedly helping others "misuse Ethereum." On Monday, Fede's intern announced in a post on X that he's "finally out, safe and free." Fede's intern first reported Sunday that he was bei…
Japanese bitcoin treasury firm Metaplanet has acquired an additional 518 BTC for roughly $61.4 million, as the company continues to accumulate the world's top cryptocurrency.The Tokyo-listed company disclosed Tuesday that it purchased the latest batch of 518 BTC at an average price of about $118,519…
Ethereum’s next upgrade, Fusaka, goes live in November ahead of Devconnect Ethereum’s upcoming Fusaka hard fork is slated for early November 2025, setting the stage for one of the most consequential Ethereum network upgrades in years. Unlike Pectra, the May 2025 fork that delivered visible changes…
Heritage Distilling Holding Company (ticker CASK) is set to become the first public company to adopt the IP token as its primary reserve asset, launching a treasury strategy worth about $340 million with backing from a16z crypto and other major investors.The plan is part of a $220 million private in…
A ransomware outfit known as Embargo has processed about $34.2 million in cryptocurrency since emerging in April 2024, with victims concentrated in the United States and spanning healthcare, business services, and manufacturing, blockchain intelligence firm TRM Labs said in a report.TRM surmises Emb…
BNC, a subsidiary of CEA Industries, announced Sunday that it purchased 200,000 BNB for $160 million, effectively becoming the largest publicly listed holder of the cryptocurrency. The company purchased through its treasury management subsidiary, BNB Network Company. Last month, the Nasdaq-listed co…
An Ethereum initial coin offering participant has sold 2,300 ETH, worth about $9.9 million, early Monday morning, onchain data shows.Onchain data analytics provider Lookonchain reported Monday that the address "0x845…a210c" transferred 2,300 ETH to Kraken, leaving the address with 1,623 ETH remainin…
Cryptocurrency exchange Coinbase said on Friday it is launching a DEX integration in order to give traders the ability to buy and sell "millions" of digital assets previously unavailable to users.The move comes on the heels of Coinbase reporting a decline in spot trading volumes and revenue for the …