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SOL Strategies files initial prospectus to raise up to $1 billion to expand Solana investment

SOL Strategies files initial prospectus to raise up to $1 billion to expand Solana investment

Canada-listed investment firm Sol Strategies announced that it has filed a preliminary base shelf prospectus with local securities regulators to raise up to $1 billion to further its investment in the Solana ecosystem.In its Tuesday press release, SOL Strategies stated that the filing and final appr…

Nasdaq-listed DeFi Development Corp taps liquid staking to scale Solana holdings

Nasdaq-listed DeFi Development Corp taps liquid staking to scale Solana holdings

Solana-focused crypto treasury firm DeFi Development Corp. said that it has adopted liquid staking token (LST) technology to enhance its treasury management and validator operations.In a statement released Wednesday, DeFi Development said it plans to allocate a portion of its SOL holdings into dfdvS…

Corporate BTC leverage for Strategy and Metaplanet is paying off — for now

Corporate BTC leverage for Strategy and Metaplanet is paying off — for now

Just as Bitcoin has climbed to new all-time highs over the past two months, Bitcoin-adjacent stocks have also seen notable gains following the announcement of a 90-day pause on tariffs.The clearest bellwether is Strategy (ticker: MSTR), which has repositioned itself as a leveraged Bitcoin operating …

Analyst downplays Trump’s tariff threat on EU goods, Apple devices as bitcoin briefly slips under $109,000

Analyst downplays Trump’s tariff threat on EU goods, Apple devices as bitcoin briefly slips under $109,000

Bitcoin fell on Friday as markets reacted to renewed trade tensions between the United States and the European Union. President Donald Trump said negotiations with the EU were stalling and threatened to impose a 50% tariff on European imports starting June 1."Our discussions with them are going nowh…

‘What a wasteful distraction’: Uniswap responds to Bancor’s patent infringement lawsuit

‘What a wasteful distraction’: Uniswap responds to Bancor’s patent infringement lawsuit

Uniswap Labs, the firm behind Uniswap DEX, dismissed Bancor’s infringement lawsuit filed in the Southern District of New York as a play for attention amid the evolving crypto and DeFi regulatory landscape in the United States.On Tuesday, Bancor announced that it is suing Uniswap Labs and the Uniswap…

Stablecoin bill could pave the way for a multi-year crypto bull market, Bitwise CIO says

Stablecoin bill could pave the way for a multi-year crypto bull market, Bitwise CIO says

The U.S. Senate voted to progress landmark stablecoin legislation on Monday, a move that could pave the way for a multi-year digital asset bull market, according to Bitwise CIO Matt Hougan. He described it as akin to Wall Street and crypto "getting married."Senators voted 66-32 to advance the GENIUS…

Core Scientific stock may ride CoreWeave’s wave amid progress on Texas site tied to OpenAI: Bernstein

Core Scientific stock may ride CoreWeave’s wave amid progress on Texas site tied to OpenAI: Bernstein

Core Scientific's deepening ties with CoreWeave could see the bitcoin miner-turned-AI diversifier's underperforming stock catch up with the AI hyperscaler's recent price surge, according to analysts at Bernstein.CoreWeave (CRWV) is up 115% since its $1.5 billion initial public offering in March, wit…

El Salvador’s bitcoin stash sees $357 million in unrealized profit as BTC tests all-time high

El Salvador’s bitcoin stash sees $357 million in unrealized profit as BTC tests all-time high

El Salvador's bitcoin bet has generated over $357 million in unrealized profit, according to a social media post by President Nayib Bukele. The profit reflects bitcoin's latest rally, which is approaching its previous record-high of $108,786.Based on the screenshot shared by Nayib Bukele in his soci…

Blum co-founder, ex-Binance exec Vladimir Smerkis arrested in Moscow on fraud charges

Blum co-founder, ex-Binance exec Vladimir Smerkis arrested in Moscow on fraud charges

The co-founder of Blum, a popular Telegram Mini App that combines a crypto exchange with point-earning games, has been detained in Russia on accusations of large-scale fraud, according to local media reports. Vladimir Smerkis, who previously worked as the general manager for Binance's operations in …

Binance, Kraken successfully thwart phishing attacks similar to Coinbase hack: Bloomberg

Binance, Kraken successfully thwart phishing attacks similar to Coinbase hack: Bloomberg

Crypto exchanges Binance and Kraken were also reportedly targeted in the same style of phishing attacks that Coinbase disclosed on Thursday, according to a Bloomberg report. Neither Binance nor Kraken reported any loss of customer data, with internal safeguards helping thwart the attempts, the repor…

Coinshift’s csUSDL stablecoin tops $100 million in TVL amid rising demand for yield-bearing tokens

Coinshift’s csUSDL stablecoin tops $100 million in TVL amid rising demand for yield-bearing tokens

Coinshift’s yield-bearing stablecoin, csUSDL, has surpassed $100 million in total value locked (TVL) just four months after its launch in January, according to DeFiLlama data. The milestone reflects rising demand for fiat-pegged assets that offer passive income through decentralized finance protocol…

Coinshift’s clUSDL stablecoin tops $100 million in TVL amid rising demand for yield-bearing tokens

Coinshift’s clUSDL stablecoin tops $100 million in TVL amid rising demand for yield-bearing tokens

Coinshift’s yield-bearing stablecoin, clUSDL, has surpassed $100 million in total value locked (TVL) just four months after its launch in January, according to DeFiLlama data. The milestone reflects rising demand for fiat-pegged assets that offer passive income through decentralized finance protocol…