Sat, July 12

21Shares Announces 3-for-1 Share Split for ARKB Bitcoin ETF

21Shares US LLC declared a 3-for-1 share split for its ARK 21Shares Bitcoin exchange-traded fund (ETF), ARKB. The split aims to boost accessibility for retail investors by lowering the per-share price. Share Split Details and Impact The 3-for-1 split will triple the number of shares outstanding while reducing the price

June 3, 2025 2 mins read

Strategy Announces STRD IPO To Raise $250M for Bitcoin Purchases

Strategy announced an initial public offering (IPO) of 2.5 million shares of its STRD preferred stock on June 2, 2025. The company plans to use the funds raised for general corporate purposes, including acquiring additional Bitcoin and working capital. The STRD shares will carry an annual dividend rate of 10%,

June 3, 2025 2 mins read

Paradigm Unveils Orbitals to Transform Stablecoin Trading Efficiency

Orbitals, an automated market maker (AMM) design, has been introduced by Paradigm researchers to transform the way stablecoin pools operate in decentralized finance. This proposal is made when the stablecoin market sets a new record of $250 billion in capitalization for the first time on June 2. Breaking Current DeFi

June 3, 2025 2 mins read

Bank of America Says US Dollar Will Slide, What Does it Mean for Bitcoin?

A Bank of America executive opined that the value of the US dollar may continue to decline in the coming months. The US dollar index has already dropped significantly this year. A further decline will result in a significant shift in the markets of dollar-denominated assets like Bitcoin and gold. 

June 2, 2025 2 mins read

Ethereum Investment Products Drive $286 Million Inflows as Bitcoin Sees Outflows

Cryptocurrency exchange-traded products (ETPs) recorded $286 million in inflows last week, marking the seventh consecutive week of gains, according to CoinShares’ June 2 report. The surge was led by Ether (ETH), which saw its strongest investment inflow since December 2024. ETH ETPs Outshine Bitcoin in a Volatile Week Ether ETPs

June 2, 2025 2 mins read

Singapore Orders Unlicensed Crypto Firms to Halt Overseas Services

The Central Bank of Singapore has ordered the crypto service providers of the nation that do not hold a Digital Token Service Provider (DTSP) license to hold overseas operations by June 30.  This measure is taken to tighten regulatory oversight and safeguard its increasing pool of retail crypto users of

June 2, 2025 2 mins read

ZachXBT Exposes $11.5M BitoPro Breach, Exchange Yet to Respond

ZachXBT just dropped receipts on a major breach at Taiwan-based exchange BitoPro, revealing that around $11.5 million was drained from their hot wallets on May 8, 2025. What’s disappointing is that BitoPro hasn’t uttered a word about it. They’re still out here running promos like nothing happened, completely ignoring the

June 2, 2025 2 mins read

Nervos Network Lost Over $3 Million to Hackers From Force Bridge

The crypto industry is growing in popularity, adoption, and regulation across the globe. But so do the crypto hacks across various platforms. Nervos Network is the recent victim of hackers and has lost over $3 million in funds from its cross-chain bridge.  The news came to light when Web3 security

June 2, 2025 2 mins read

IG Group Becomes First UK-Listed Firm to Offer Direct Crypto Trading

The UK’s expanding cryptocurrency market has marked a milestone as IG Group becomes the first London-listed company to offer direct crypto trading to retail investors. From this week, IG clients in the UK can buy and sell 38 different digital tokens, including Bitcoin, Ethereum, and the leading altcoins like XRP

June 2, 2025 2 mins read

Russian Agricultural Bank Eyes Crypto for Grain Trade Settlements

The Russian Agricultural Bank is thinking to keep crypto-based tools as an alternative to traditional settlement methods for exporting more than 49.5 million tonnes of grain. This step will help in amalgamating commodities market to digital assets, introducing this use case.  Russia is very active in terms of crypto adoption.

June 2, 2025 2 mins read
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