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.
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.
A Thai fortune teller claimed to have foreseen the moment of the crypto market's recovery in the past year, attributing this insight to communication with a deity.
Crypto investors in Thailand are turning to unconventional methods, such as tarot card readings and astrology, to predict market movements. While some may view these practices with skepticism, they are gaining traction in a culture where spiritual beliefs hold significant sway.
Exploring Elon Musk's scrutiny of Wikipedia's funding and the contentious debate over its financial future.
Privacy risks surface as TikTok account exploits facial recognition technology to expose unsuspecting individuals, igniting concerns about online safety and security.
According to Binance research report, NFT sales in the third quarter of 2023 hit a three-year low, reaching $299 million. September marked the worst month for NFT sales since January 2021.
International banking giants have achieved a significant milestone by successfully conducting the first UDPN proof-of-concept, enabling real-time exchange and transfer of stablecoins.
The crypto community’s speculating that the private keys associated with the stablecoin's deployer address might be compromised in the wake of a recent third-party breach.
Bitcoin saw a double rally today, pushing its price beyond $35,000 after an earlier surge past $31,000 on Monday morning, marking the highest point of the cryptocurrency in 2023.
US federal appeals court has ruled in favor of Grayscale Investments, allowing them to pursue the creation of an exchange-traded fund (ETF) based on Bitcoin, despite facing objections from the US Securities and Exchange Commission (SEC).
Recently, Reddit discontinued its blockchain-based points programme, which revolved around the utilisation of specific crypto tokens unique to subreddits.