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.
A sophisticated phishing attack has targeted Solana users, resulting in the theft of over $4 million in assets. Node Drainer, the identified attacker, has rapidly increased the number of victims, exploiting weaknesses in transaction simulations. Notably, direct transfers are a common method employed in Solana phishing attacks, distinguishing them from those on Ethereum. The security breach underscores the importance of heightened vigilance and security measures in the Solana ecosystem.
The recent recovery of the Solana ecosystem has attracted widespread attention. This article will introduce Solana accounts, tokens, transactions, and how to ensure asset security in this ecosystem.
China's Ministry of State Security warns of AI threats to national security, citing data theft, cyber-attacks, and military concerns. Proactive measures and global collaboration are emphasized for effective AI governance.
The Solana Foundation has tweeted its disagreement with the SEC’s framing of SOL as a security. The regulator called Solana’s native coin a security in its lawsuit against Binance.
BBitcoin, often known as “Cryptocurrency” or “digital currency,” is an alternative form of payment that has received global attention in recent years.
GoPlus Security is working as the “security infrastructure” for Web3 by providing open, permissionless, user-driven security services.
A total of 37 major exploits were monitored, with a total loss of approximately $405 million
Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets.
The ‘Ethereum is a security’ debate has been going on for a while now. With the move to proof of ...