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.
Sol Strategies, a Canadian crypto investment firm, has applied to list on Nasdaq after heavily investing in Solana tokens and staking operations. Despite a recent $3.5 million loss, the company aims to raise more capital and grow its presence in the US 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.
AI models exhibit cognitive impairments similar to those in human patients with posterior cortical atrophy, a form of Alzheimer’s. Even AI is subject to cognitive decay over time—what does this mean for its future?
The official Trump meme coin has announced an airdrop for Presidents' Day, available only to those who’ve purchased from the official Trump store. Despite the promotion, the TRUMP token has dropped a 8% in the last 24 hours.
A programmer named Hu Lezhi burned $7 million in Ethereum in protest against alleged brain control, leaving on-chain messages that read like a suicide note and detailed his feelings of constant surveillance and manipulation. He also donated funds to WikiLeaks and accused executives, including those at WizardQuant Capital, of using brain-machine chips to control citizens.
Elon Musk announced plans for xAI to start an AI-driven video game studio. He aims to use AI to change how games are made and challenge big corporations in the industry.
DeepSeek has launched a cost-effective AI model, competing with OpenAI and Meta Platforms Inc. In October, it also introduced draft legislation on AI use in weather services, focusing on data security and algorithm transparency.
Tether has partnered with Guinea to explore blockchain and peer-to-peer technologies, aiming to support the country's digital transformation. The agreement includes initiatives to build local expertise and contribute to Guinea's "Innovation City" project.
A new "share-seed-phrase" scam is targeting crypto users, where fraudsters trick victims into transferring funds to wallets they control. Binance CEO Richard Teng has warned users to stay vigilant and avoid acting on unsolicited requests for private information.
New speculation links Jack Dorsey to Satoshi Nakamoto, citing his cryptographic expertise and ties to Bitcoin’s early milestones. Supporters see compelling parallels, while sceptics dismiss the theory as intrusive and unfounded. Is this the key to Bitcoin’s creator—or just another dead end?
Set for completion in 2028, the estimated $35 billion project—three times the cost of OpenAI’s Stargate—aims to meet surging AI demand. Is this a bold visionary move or an overreach?
Buyers of official Trump merchandise can claim free TRUMP memecoins through a President’s Day promotion, with a deadline of 1 March 2025. The TRUMP memecoin has experienced significant market volatility, dropping 78% from its peak despite ongoing promotions.