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.
This article compares TON with some of the more representative blockchain projects.
Solana's Chapter 2 phone pre-orders yield unexpected gains with airdrops surpassing phone's cost. Initial value peaks at $480, now fluctuating amid market volatility. Airdrops from MEW and MANEKI tokens briefly outpaced phone's price.
The purpose and function of encrypted mobile phones have not yet been fully explored, and a new concept has emerged - cloud mobile phones.
Solana Mobile's Chapter 2 phone, launched with a Preorder Token incentive, aims to boost demand by leveraging digital asset airdrops, surpassing Saga phone's first-year sales.
Solana Mobile achieves 30,000 pre-orders in 48 hours for its latest phone, indicating strong consumer interest. The device, emphasizing Web 3.0 solutions, features upgrades from the Solana Saga, addressing feedback with Solana Mobile 2.0. Community anticipates potential incentives and enhancements.
Dive into the unveiling of Solana Labs' Saga "Chapter 2" smartphone. Explore its integration of crypto wallet, bespoke Android software, and the revolutionary dApp store, as it navigates the intricate nexus of mobile technology and the cryptocurrency market.
YouTuber Marques Brownlee stated in his 'annual phone review' video that, despite the Saga phone's resurgence due to its collaboration with the Solana ecosystem meme coin Bonk, it remains his 'worst phone of the year.'
At the Made by Google event, Google introduced its latest offerings, the Pixel 8 and 8 Pro smartphones, and the revelation of Assistant with Bard — an AI-enriched digital assistant.
Even with the prices for top cryptocurrencies like Bitcoin and Ethereum sitting relatively stable over the last month, Solana has continued to bleed out.
Notifi Network has integrated with the Solana Realms DAO platform to help increase governance participation rates by expanding notification services.