Ledger eyes NY listing as revenue hits triple-digit millions amid surge in hacks: FT
Ledger is weighing a New York listing after revenues hit triple-digit millions in 2025, driven by record crypto hacks and growing demand for cold storage wallets. French crypto hardware wallet provider Ledger is considering a New York listing as surging cyberattacks drive record demand for its hardware devices, sending revenues soaring into the triple-digit millions
Pakistan mulls rupee-backed stablecoin as country sees $25B crypto opportunity
Pakistan is considering a rupee-backed stablecoin and a central bank digital currency (CBDC) to expand financial inclusion. Pakistan is considering launching a rupee-backed stablecoin, as experts warn that delays in regulating digital assets could cost the country up to $25 billion in lost economic opportunities. Speaking at the Sustainable Development Policy Institute (SDPI) Conference on
FTX creditor says real recovery could be as low as 9% amid inflated crypto prices
FTX creditors may get only a fraction of their expected payouts once adjusted for Bitcoin, Ether and Solana’s current prices, according to creditor representative Sunil. FTX creditors may receive far less than initially believed once payouts are adjusted for today’s inflated crypto valuations, according to Sunil, a prominent FTX creditor representative. In a Sunday post
95% of Iran’s 427,000 active crypto mining devices operate illegally, official says
Iran’s energy chief says 95% of the country’s 427,000 crypto mining rigs operate illegally, consuming massive power and destabilizing the national grid. Iran’s crypto mining industry is facing a widespread illegal mining crisis, with authorities estimating that over 95% of the country’s 427,000 active mining devices are operating without authorization. Akbar Hasan Beklou, CEO of
Romania blacklists Polymarket for illegal crypto betting amid $600M election wagers
Polymarket’s ban in Romania follows similar crackdowns in the US, France, Belgium, Poland, Singapore and Thailand, where regulators cited unlicensed gambling activity. Romania’s National Office for Gambling (ONJN) has blacklisted leading prediction market Polymarket, calling it an unlicensed gambling platform operating outside state oversight. The decision follows what regulators described as a surge in crypto-based
Cathie Wood’s ARK bags $5M in Bullish shares as the exchange celebrates US launch
Bullish celebrated its US debut after securing New York’s BitLicense and money transmission license, launching trading across 20 states and partnering with BitGo and Nonco. Cathie Wood’s ARK Invest has expanded its bet on Bullish, the digital asset exchange that recently went public on the New York Stock Exchange under the ticker BLSH, acquiring over
Hong Kong approves its first spot Solana ETF ahead of US
Hong Kong approved its first spot Solana exchange-traded fund (ETF), marking the third spot crypto ETF approved by the city after Bitcoin and Ethereum. On Wednesday, the Hong Kong Securities and Futures Commission (SFC) granted approval for the China Asset Management (Hong Kong) Solana ETF, which will be listed on the Hong Kong Stock Exchange
Investigation ties 100,000 BTC Hyperliquid whale to former BitForex CEO
An onchain investigation by crypto researcher Eye has linked the mysterious Hyperliquid whale, who controls over 100,000 BTC, to Garrett Jin, the former CEO of BitForex, a now-defunct exchange embroiled in a fraud scandal. In a Saturday post on X, the onchain sleuth noted that the whale’s main wallet, ereignis.eth, was connected to another ENS
Cathie Wood: Hyperliquid ‘reminds me of Solana in the earlier days’
ARK Invest’s Cathie Wood says Hyperliquid reminds her of Solana’s early days, but maintains that Bitcoin remains the core of her crypto thesis. ARK Invest CEO Cathie Wood has compared Hyperliquid to Solana’s early-stage promise, calling it “the new kid on the block.” “It’s exciting. It reminds me of Solana in the earlier days, and
Cannabis firm Flora Growth launches $401M treasury backing Zero Gravity
Nasdaq-listed Flora Growth will rebrand to ZeroStack after raising $401 million to support 0G, a decentralized AI blockchain training 107B-parameter models. Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal