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.
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Grand Base token suffered a $2 million loss in a hacking incident, resulting in a 99% price plummet and significantly undermining community confidence in its security protocols.
Rekt Builder's investigation reveals Ledger Live's covert user activity tracking, raising serious privacy concerns for Ledger hardware wallet users.
FlareMetrics has advised delegates on OracleSwap to change to other FTSO operators and revoke access due to the risk of having their rewards stolen by bad actors.
Developers suspect the attackers accessed the admin wallet's private keys using malicious software.
In such cases, victims believe they are using a non-custodial wallet, only to discover that the private keys have been stolen.
Currently, the trading, deposit and withdrawal functions of CEX have been suspended.
Blockchain analysis firms involved in Solana exploit investigation unpack the latest developments as teams try to figure out how private keys were stolen.
The proposed law would not necessarily make cryptocurrencies legal tender in the country, but would at least make them legally recognized financial assets for investment and other purposes.
The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be a legally recognized financial asset for investments and other uses.