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.
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.
This group of scammers has been associated with numerous rug pulls, including projects like Magnate, Kokomo, Solfire, and Lendora.
ZachXBT, a blockchain investigator, successfully recovered stolen DeGods NFT funds, highlighting the challenges and potential in fighting crypto crimes and aiding broader security efforts in the crypto community.
Recently, Sei has attracted the attention of the community with its parallel EVM narrative, and the price increase of its native token SEI has also reached a new high, with an increase of nearly four times in two weeks.
According to ZachXBT, Yahya Maghrab's role primarily involved conducting lookups on X/Twitter accounts through his panel, facilitating scammer Skenkir in identifying potential US targets for SIM swap attacks.
Cardano, the proof-of-stake platform founded in September 2017 by Ethereum co-founder Charles Hoskinson, has made significant strides in the world of blockchain and NFTs.
Telegram bot Maestro, known for providing crypto trading tools for traders directly on Telegram has been compromised with more than $500k stolen
On-chain detective ZachXBT said a Canadian scammer worked with others to lure people to fake Discord servers in order to steal considerable sums of money. ZachXBT also said the main culprit bought expensive Roblox items.
Last Friday, ZachXBT was sued by Jeffrey Huang, also known under his pseudonym, MachiBigBrother over a defamation case.
Crypto sleuth ZachXBT found himself entangled in a defamation lawsuit. However donations exceeding $1 million flooded in to aid ZachXBT's legal defense from the crypto community.
MachiBigBrother alleges ZachXBT defamed in a 2022 report that stated he embezzled over 22,000 ETH from Formosa Financial.