Strategy Transfers $30M Bitcoin to Coinbase in Major Move
Strategy has sent 411 BTC worth around $30 million to Coinbase Prime, marking its first direct transfer to an exchange in nearly two years
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Latest updates, press releases, and insights from the volatile world of digital assets.
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SpaceX Pre-IPO Contract Flash Crashes 45% on Hyperliquid
A synthetic SpaceX perpetual futures contract on Hyperliquid experienced a sharp 45% drop within minutes, wiping out more than $1.5 million in leveraged positions. The incident highlights the risks associated with thinly traded pre-IPO markets that rely on oracle pricing rather than established spot benchmarks
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SEC Crypto Push: Peirce Backs Privacy Tools While Paxos Secures First Clearing License
US regulators show growing acceptance of digital assets as SEC Commissioner Hester Peirce strongly supports privacy technologies and Paxos becomes the first blockchain company to win clearing agency registration, marking major steps toward regulated crypto infrastructure
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Kraken Launches Bitcoin Vault Offering Yield for Long-Term BTC Holders
Kraken has introduced Bitcoin Vault, a new product that lets users earn up to 2.5% annual yield on their Bitcoin holdings while keeping full exposure to BTC price movements
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Bitcoin Plunges Below $73,000 as US-Iran Tensions Escalate and ETF Outflows Mount
Bitcoin has dropped to its lowest level in over six weeks, trading near $73,000 amid renewed military actions between the US and Iran. Heavy outflows from spot Bitcoin ETFs exceeding $2.5 billion in two weeks, combined with nearly $1 billion in crypto liquidations, have intensified selling pressure across the market
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CFTC Moves to Withdraw $5 Million Penalty Against Gemini Exchange
The U.S. Commodity Futures Trading Commission has taken the rare step of asking a federal court to vacate major parts of its 2025 settlement with Gemini, stating that the original 2022 enforcement action against the crypto exchange should never have been filed
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DTCC Stellar Partnership Ignites XLM Surge and Multi-Chain Tokenization Debate
The Depository Trust & Clearing Corporation's move to integrate tokenized securities with the Stellar network by 2027 has sent XLM prices higher while sparking discussions across the crypto industry
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Samsung Affiliates Acquire $408M Stake in Upbit Parent Dunamu
Samsung Securities, Samsung SDS, and Samsung Card have agreed to purchase a combined 4% stake in Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit
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Mastercard Secures New York BitLicense, Accelerating Stablecoin and Tokenization Strategy
Mastercard has obtained a BitLicense from New York regulators, marking a significant step in its efforts to integrate stablecoins and tokenized assets into mainstream payment systems
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SoFi Launches Bank-Issued Stablecoin for Nearly 15 Million Members
SoFi Technologies has rolled out SoFiUSD, making it the first U.S. national bank to offer its own dollar-pegged stablecoin directly inside a consumer banking app. The move gives its 14.7 million members seamless access to buy, sell, hold, and convert the token alongside traditional banking services
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