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.
Elon Musk questions Vitalik Buterin's departure from X, prompting discussions about Farcaster and the cultural impact on cryptocurrency platforms.
United States District Judge Robert Shelby has issued a stern warning to Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions in the legal action against Digital Licensing Inc., also known as DEBT Box
A case involving digital collectibles surfaced, shedding light on a deceptive fundraising scheme. Unaware bidders, lured into impulsive investments, found themselves unwitting participants in a pyramid scheme. Investigations revealed that the platform in question absorbed over 1.34 million yuan from thousands of users, resulting in a total loss of more than 410,000 yuan for the victims.
Navigating the complex terrain of AI-driven deepfakes in the cryptocurrency realm.
This insidious malware specifically targets individuals who engage in blockchain games, preying on their interest in financial rewards to deceive and steal.
The Total Value Locked in the Solana ecosystem is down by more than 70% since the collapse of FTX.
The creation of the Ethereum Climate Platform (ECP) was announced at COP27.
Mango Markets, a decentralized trading platform on the Solana blockchain, has become "ripe for harvest" when it fell victim to hackers.
Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender ...