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

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.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.
JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
CAR President Faustin-Archange Touadéra announced the country’s official meme coin, but deepfake detectors suggest the video may be digitally manipulated.
A scam using AI voice technology tricked prominent Italians into donating large sums, with fraudsters impersonating Defense Minister Guido Crosetto. The scam targeted high-profile figures, claiming funds were needed for Italian journalists held hostage, leading to a police investigation.
DeepSeek, a Chinese AI start-up, is facing a surge in fake social media accounts and websites exploiting its popularity. Scammers are tricking users with fake crypto tokens, IPO shares, and phishing attempts, while the company warns the public to stay vigilant.
Elon Musk offered $97.4 billion to acquire OpenAI and revive its open-source, safety-first mission, but Sam Altman swiftly rejected it, countering with a $9.74 billion bid to buy Twitter. Are these tech giants protecting their visions or gambling with their companies' futures?
Eric Council Jr. is charged with hacking the SEC’s X account to falsely announce spot Bitcoin ETF approval, earning $50,000 he may have to forfeit. Prosecutors say he used a fake ID to access a device with SEC credentials, triggering brief crypto market turmoil.
The President of the Central African Republic launched the $CAR meme coin, sparking both excitement and skepticism as its value skyrocketed and then plummeted within hours. Despite concerns over deepfake allegations and the project's legitimacy, blockchain data suggests government involvement, though the coin's value continues to fluctuate.
A crypto trader in Estepona, Spain, was kidnapped, breaking both ankles while escaping from a 30-foot balcony. Lured to an apartment under false pretenses, he was held hostage and coerced into paying a €30,000 ransom in crypto, with threats of torture and death.
A joint operation between Thai and Chinese police uncovered a $2.5 million crypto scam, leading to the arrest of two Chinese nationals involved in illegal digital currency transactions and human trafficking. The authorities seized luxury items and cryptocurrency wallets, freezing the stolen funds as part of the ongoing investigation.
Paul Atkins' SEC Chair confirmation is delayed as nine cabinet members await Senate approval first. Though expected to pass, no hearing date has been set, prompting community concerns over the prolonged wait.
Scientists in Hong Kong have created a lollipop-like device that lets users taste flavors in virtual reality using special ions and a hydrogel. This innovation is part of a broader effort to make VR more immersive by adding taste, touch, and other sensory experiences.