ARK Invest buys $4.4M in BitMine stock as its treasury crosses 2M ETH
ARK Invest purchased more than 100,000 Bitmine shares after the Ethereum treasury company reached a milestone in ETH holdings.
South Korean crypto exchange Upbit launches Ethereum L2
South Korean crypto exchange Upbit confirmed it has launched Giwa, an Ethereum layer 2 on testnet, focused on one-second block times and optimizing user experience.
Sky joins bidding war to launch Hyperliquid’s USDH stablecoin
Sky, formerly Maker, is the fifth major crypto protocol to propose to help issue and manage USDH, a planned stablecoin from Hyperliquid.
Putin adviser claims US using stablecoins, gold to devalue its $37T debt
An adviser to Russian President Vladimir Putin is accusing the Trump administration of using stablecoins and gold to devalue its $37 trillion in outstanding debt.
Lion Group doubles down on Hyperliquid as HYPE breaks a new high
Nasdaq-listed Lion Group currently holds 6,629 Solana and over one million Sui and plans to gradually convert it all into Hyperliquid tokens.
Ethereum L2 MegaETH introduces yield-bearing stablecoin to fund protocol
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees.
Largest NPM attack in crypto history stole less than $50: SEAL
Hackers broke into the node package manager (NPM) account of a well-known software developer and added malware to popular JavaScript libraries, targeting crypto wallets.
US SEC crypto task force to tackle financial surveillance and privacy
The task force has already conducted roundtables to address issues related to digital asset regulation while proposing changes to the commission’s rules.
OpenSea announces NFT reserve with CryptoPunk as first buy
The NFT sector has yet to recapture the enthusiasm of 2021-2022, forcing many NFT-centric companies like OpenSea to pivot to more in-demand crypto use cases.
HashKey launches $500M digital asset treasury fund in Hong Kong
The launch follows Nasdaq’s call for tighter scrutiny of corporate crypto holdings, which HashKey framed as a test for the industry.