Sun, February 22

SEC Halts DeFi Development’s $1B Solana-Focused Fundraising

The Securities and Exchange Commission of the US has barred DeFi Development Corp’s $1 billion registration filing. The firm wanted to use the capital to invest in the Solana blockchain.  The regulatory body found that the filing was not eligible because a necessary internal controls report in the Form 10-K

June 12, 2025 2 mins read

GameStop’s Massive Treasury Shift with $1.75 Billion Convertible Notes Offering

Video game retailer GameStop has announced a large $1.75 billion convertible senior notes issuing, the latest financial move by the company as it shifts its focus to investing in cryptocurrency. The news arrives a day after the distressed retailer announced its initial Bitcoin purchase, marking a strategic change in how

June 12, 2025 2 mins read

Connecticut Passes Sweeping Ban on Government Crypto Investments

Connecticut has officially passed the United States’ most restrictive crypto law, barring all state and local governments from holding, purchasing, or accepting cryptocurrencies. House Bill 7082, now enacted as Public Act No. 25-66, received unanimous approval from lawmakers on June 11 and was signed into law on June 10. The

June 12, 2025 2 mins read

Polygon Overhauls Governance as Co-founder Nailwal Becomes CEO

Polygon co-founder Sandeep Nailwal has been appointed as the first CEO of the Polygon Foundation, marking a significant shift away from its decentralized governance model. The decision consolidates executive power under Nailwal, ending years of consensus-led operations. Also, under his leadership, the Foundation aims to fast-track decision-making and refocus the

June 11, 2025 2 mins read

Bank of Korea Chief to Meet Bank CEOs as Stablecoin Talks Escalate

South Korea’s digital asset landscape is poised for a potential regulatory shift as Bank of Korea Governor Rhee Chang-yong is scheduled to meet with CEOs of major commercial banks on June 23 in Seoul. The high-level meeting, set to take place at the Bank of Korea (BoK) headquarters, comes at

June 11, 2025 2 mins read

US-China Truce Boosts Crypto Market; Bitcoin Nears $110K

Following the agreement to restore a truce between the US and Chinese officials, the crypto market saw a rise. The agreement was made after discussions in London in the last two days.  Both countries finally agreed to enter the Pre-Liberation status quo. After this deal, the price of Bitcoin once

June 11, 2025 2 mins read

Ethereum Derivatives Top Bitcoin with $107B Volume Amid ETF Inflows

Ethereum’s derivatives market surged past Bitcoin’s in the last 24 hours, with a trading volume exceeding $107 billion, according to Coinglass data. This 25% daily increase in activity reflects renewed institutional interest, fueled by spot Ethereum exchange-traded funds (ETFs) and a revival in decentralized finance (DeFi). In comparison, Bitcoin derivatives

June 11, 2025 2 mins read

Bitwise’s Matt Hougan Predicts a New Era of Prolonged Crypto Growth

Matt Hougan, CIO at Bitwise Asset Management, is pushing back against the usual idea that crypto moves in strict four-year cycles. In a recent breakdown, he told investors to brace for a longer bull run this time, one that could roll right through 2025 and maybe even past that. This

June 11, 2025 3 mins read

XRPL Sidechain Bridges Ethereum to XRP Ledger in Q2 Launch

Ripple is set to launch an Ethereum-compatible sidechain on the XRP Ledger (XRPL) in Q2 2025, bringing Ethereum’s smart contract capabilities into the XRP ecosystem. The news was announced at the APEX 2025 conference in Singapore by Ripple CTO David Schwartz and product lead Jaazi Cooper. It’s being seen as

June 11, 2025 3 mins read

Ukraine Drafts Bill to Add Bitcoin to National Bank Reserves

The policymakers of Ukraine have introduced a draft bill permitting the National Bank of Ukraine to add crypto such as BTC to the country’s reserves. The bill was submitted to the parliament of the nation named Bill 13356. The bill focuses on the amendment to the law on the National

June 11, 2025 2 mins read
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