Texas Bitcoin reserve plans shift from ETF to direct BTC custody
Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.
Strategy situation ‘out of hand,’ says Arca exec on $15B preferred stock burden
Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales.
DxSale drained for $7.3M in BNB Chain liquidity exploit
DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts.
OKX Ventures, Korea Investment & Securities to buy 19.6% Coinone stake for $106M
OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.
SEC approves Paxos as ‘blockchain-native’ clearing agency
Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto.
Bitcoin’s trapped under $74K while $9B options expiry looms: Are bears back in control?
Bears hold the upper hand for Friday’s $9 billion options expiry, keeping Bitcoin under pressure amid heavy ETF outflows and corporate selling
Sui Network back online after ‘crash bug’ causes 6 hour outage
The Sui mainnet has resumed after a bug in a network update took it offline for 5 hours and 55 minutes.
Bitcoin’s major holders halt buys as demand slows: CryptoQuant
CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.”
Gemini taps Grok for personalized AI-powered prediction market feeds
Gemini is leaning into AI features for its prediction market, following other crypto exchanges in moving beyond crypto trading amid a market slump.
Fidelity Digital Assets highlights ‘growing evidence’ of shift from dollar-based systems
The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.