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.
Exploring the key players and transactions behind ARB's unexpected price surge.
Ripple triumphs in court against the SEC, affirming XRP's status as a non-security and reshaping crypto regulation.
Ledger commits to reimbursing users post-exploit and enhancing security by discontinuing blind signing, shifting towards Clear Signing standards.
Recent claims of account seizures and lack of transparency at MEXC have raised significant concerns among users, echoing the cautionary tale of FTX's downfall.
Nigeria's Central Bank lifts the ban on bank-facilitated crypto transactions, signaling a significant policy shift and renewed market potential.
MEXC, amidst claims of freezing assets and CEO’s social media mystery, denies allegations and asserts normal operations.
Cardano founder Hoskinson humorously engages with teen hacker Kurtaj’s cyber feats, highlighting wider cybersecurity and AI scam concerns.
Illuvium's 2024 roadmap promises to revolutionize blockchain gaming with a focus on advanced technology, a public beta launch, and setting new industry standards.
Jpeggler's investment in POPCAT secures its future, enhancing stability and trust within the Solana community.
BitMEX co-founder Arthur Hayes warns of the existential risks to Bitcoin from a potential U.S. spot Bitcoin ETF and TradFi involvement.