Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Collector Crypt launched a digital system on Solana where people can buy NFT packs linked to real graded Pokémon cards. Buyers can either keep the NFT or claim the actual card, bringing together digital collecting and physical items.
Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
Pumpfun will launch its PUMP token on 12 July, aiming to raise $600 million by selling 15% of its supply across its own site and Gate.com. Despite the hype, the platform’s revenue and user activity have dropped sharply, while rival LetsBonk is gaining ground.
North Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.
Invesco and Galaxy filed for a Solana ETF, aiming to give investors regulated access to the SOL token. Another filing proposes a new ETF mixing memecoins and NFTs from the Pudgy Penguins collection, marking a first of its kind in the market.
The SEC has asked Solana ETF issuers to quickly update their filings, speeding up the approval process with decisions possible within weeks. This includes allowing staking features, which could boost investor interest and confidence in Solana.
Dubai’s VARA has signed an MoU with the Solana Foundation to advance blockchain innovation and talent development. Despite this, SOL remains over 2% down in the past 24 hours and below its January peak although it saw a slight uptick during the recent Bitcoin-led market pullback.
The SEC raised legal concerns about new Ethereum and Solana ETFs that include staking rewards, saying they may not qualify under current investment rules. REX and Osprey must address these issues before the funds can launch.
An ex-Rippling employee claims he was paid $5,000 in ETH monthly to spy for Deel, its competitor. This comes just after Rippling sued Deel, accusing it of orchestrating a trade-secret theft. Does the lure of money compromise professional integrity?
AI image generators are causing concerns in the animation industry, with some fearing they could replace traditional animators, including at Studio Ghibli. Despite the rise of AI, Goro Miyazaki believes the emotional depth and authenticity of Ghibli’s hand-drawn style cannot be replicated by machines.
Crypto donations in 2025 are expected to hit $2.5 billion, fuelled by digital wealth and better regulations. Binance co-founder CZ’s 1,000 BNB donation to Myanmar and Thailand’s earthquake relief highlights crypto’s rising role in global aid.
The Cardano Foundation has launched Veridian, an open-source digital identity platform that gives users control over their data without relying on third-party verification. The platform features a Veridian Wallet for secure credential management and integrates with the Cardano blockchain for added trust and security.
Unresolved lawsuits usually transfer to the acquiring company. If ByteDance sells TikTok's US operations, legal challenges could deter potential buyers from taking on its 170 million American users.
The European Union is preparing to fine Elon Musk's platform, X, over $1 billion for alleged violations of the Digital Services Act, including failure to manage disinformation. X is also facing an investigation into its handling of hate speech, with the potential for further penalties.
USDC is now the default currency on Binance Pay, making it easier for users to send and receive money instantly with zero gas fees. This update simplifies payments for both individuals and businesses, offering fast, low-cost transactions using a stable digital dollar.delays or extra costs.
A token by Real World Gaming DAO and MMA star Conor McGregor raised only $392,000 in its 28-hour presale—far short of its $1 million goal. Critics cited a short unlock window and misleading marketing, calling the tokenomics flawed. The flop may reflect waning interest in celebrity crypto. Did McGregor miss the wave?
FAT Brands, a publicly traded company, has expanded its payment options by accepting Bitcoin for franchisee royalty fees. The company remains open to incorporating additional digital assets and exploring customer payments in the future.
Jaguar Land Rover paused US car shipments after Trump’s new 25% tariffs, adding pressure to the struggling UK auto industry. At the same time, crypto markets sank, with Bitcoin and altcoins falling sharply as investors reacted to growing global trade tensions.