Hawkish Fed triggers $360M in crypto outflows as Solana ETFs buck trend
Investors trimmed exposure to Bitcoin funds amid US policy uncertainty, even as Bitwise’s new Solana staking ETF attracted strong debut inflows last week. Cryptocurrency investment products saw $360 million in outflows last week as investors reacted to Federal Reserve Chair Jerome Powell’s cautious remarks on future rate cuts. Despite Wednesday’s rate cut, Powell’s remark that
New Hampshire Senate stalls crypto mining deregulation bill after split vote
Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill
Mastercard in talks to acquire zerohash for nearly $2B: Report
The potential acquisition would mark one of Mastercard’s largest crypto bets yet, expanding its stablecoin and tokenization infrastructure amid growing competition. Mastercard is reportedly in advanced talks to acquire crypto and stablecoin infrastructure startup zerohash in a deal valued from $1.5 billion to $2 billion, according to multiple sources familiar with the negotiations. The news
Securitize, BNY Mellon launch tokenized fund backed by structured credit
Securitize and BNY Mellon are bringing AAA-rated collateralized loan obligations onchain, with Grove planning a $100M anchor as institutional demand for tokenized assets grows. Securitize, a real-world asset tokenization platform, has unveiled a tokenized fund designed to give investors access to AAA-rated collateralized loan obligations onchain. The fund is being developed in partnership with global
Sharplink to deploy $200M of ETH on Linea to unlock DeFi yields
The Nasdaq-listed company will allocate 5.6% of its $3.57 billion Ether treasury through ether.fi and EigenCloud on Linea, marking one of the largest corporate DeFi deployments to date. SharpLink Gaming has announced plans to deploy $200 million worth of Ether (ETH) from its corporate treasury onto Consensys’ Linea network. The company said the multi-year initiative
Bitcoin miners build on gains after Jane Street discloses stakes
Shares of leading Bitcoin mining companies rose after Jane Street disclosed new holdings on Thursday, extending a months-long rally across publicly traded mining stocks. Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings
Pave Bank raises $39M led by Accel, Tether to expand programmable banking
The Singapore-based digital bank plans to broaden its crypto and fiat offerings for institutional clients, citing growing demand for programmable finance. Fintech Pave Bank has raised $39 million in a Series A funding round led by venture capital firm Accel. The company offers programmable banking solutions for businesses, combining crypto and fiat services. The round
Nasdaq-listed Zeta Network raises $230M in Bitcoin-backed private sale
The company accepted Bitcoin and SolvBTC from investors in a private share deal, adding crypto assets to its corporate treasury. Zeta Network Group said on Wednesday that it raised about $230.8 million through a private share sale, with investors paying in Bitcoin (BTC) or SolvBTC — a wrapped Bitcoin-backed token issued by Solv Protocol. Under
Binance rolls out $400M program for traders hit by Friday’s downturn
Binance is launching a $400 million relief program for traders hurt by losses across its ecosystem during Friday’s crypto sell-off, despite saying it does not accept liability for user losses. According to a Tuesday post by the exchange, the initiative will distribute $300 million worth of token vouchers, ranging in value from $4 to $6,000
US representative seeks to turn Trump’s 401(k) crypto executive order into law
The bill, if passed, would codify US President Donald Trump’s executive order allowing retirement plans to include “alternative assets,” including cryptocurrencies. A lawmaker in the US House of Representatives has reportedly introduced a bill that would codify — make into law — an executive order by President Donald Trump allowing alternative assets such as cryptocurrencies