Strategy Raises $2B to Expand Bitcoin Treasury Reserves.
Strategy, well known for holding a massive stash of Bitcoins, has raised its target preferred stock issue to $2 billion—four times the initial goal of $500 million. The Series A…
Bitcoin Whale Wakes Up After 14 Years, Moves $468 Million.
A Bitcoin wallet that had not been used since 2011 suddenly became active this Thursday. It first sent a small test amount of 0.0018 BTC, then moved all of its…
Ethereum Could Soon Outperform Bitcoin, Says Galaxy CEO
Ethereum (ETH) may soon outperform Bitcoin (BTC), according to Galaxy Digital CEO Mike Novogratz. He attributes the potential shift to rising institutional demand and favorable macroeconomic conditions. In a July…
OSL Acquire $300M to Develop Stablecoin and Payment Systems.
Hong Kong based digital asset firm OSL Group has secured $300 million in equity funding to accelerate development of its stablecoin and payment infrastructure. The funding represents the largest publicly…
Australian Court Rules in Favor of Finder.com Over Its Earn Product
In a significant victory for the Australian fintech sector, the Federal Court of Australia has ruled in favor of Finder.com. The court has cleared its yield-generating product, Finder Earn, in…
Joe McCann shuts down fund after 78% loss while pursuing $1B Solana raise.
Joe McCann, founder of Asymmetric, announced the closure of the firm’s Liquid Alpha Fund after it fell 78% year-to-date. The move follows mounting criticism and investor frustration, as a report…
New Zealand Bans Crypto ATMs Under Stringent AML Rules.
Officials in New Zealand have restricted foreign cash transfers to $5,000 and outlawed cryptocurrency ATMs in an attempt to combat money laundering and organized crime. The steps were revealed by…
Elon Musk’s Tesla Gains $284 Million from Bitcoin Holdings in Q2.
In Q2 2025, Tesla recorded a profit of $284 million on its Bitcoin (BTC) investments, a jump from the loss of $125 million in Q1. The spectacular crypto recovery contributed…
FTX to Begin Next Creditor Payouts in September After $1.9B Cut
FTX announced on Wednesday that it expects to start distributing the next round of creditor payouts on September 30, with August 15 set as the record date for eligible claims…
Coinbase Co-founder Raises $100M for Brain-Tech Startup Nudge.
Coinbase Co-founder Fred Ehrsam raised $100 million in Series A funding for Nudge, a brain-tech startup aiming to enhance human cognition. Thrive Capital and Greenoaks Capital led the round, alongside…