Bit Digital Amplifies Ethereum Treasury to 120,000 ETH
TL;DR Bit Digital deployed $67.3M from a recent equity raise to acquire 19,683 ETH, lifting its total holdings to about 120,306 ETH and making it...
Tag : investment
Crypto, Fraud and Social Engineering: Financial Crime Ring Dismantled
TL;DR The Guardia Civil dismantled a network that defrauded over 5,000 people through fake crypto investments and laundered more than €460 million. The group operated...
Tether Becomes Juventus’ Second-Largest Shareholder
TL;DR Tether raised its stake in Juventus to 10.7%, but its relationship with the club and Exor remains stalled with no meetings scheduled. The crypto...
Yupp Exits Stealth with $33M Seed Round, Pioneering Decentralized AI Evaluation
TL;DR Stealth Exit Success: Yupp emerges from stealth mode with a $33M seed round led by a16z crypto. Decentralized AI Evaluation: The platform leverages blockchain...
Siebert Financial Gets Green Light to Raise $100 Million and Accelerate Its Growth
TL;DR Siebert Financial Corp. received SEC approval to activate a $100 million shelf registration, enabling quick capital raising without an immediate fund issuance. The funds...
The FCA Prepares to Authorize Cryptocurrency cETNs for Retail Investors in the UK
TL;DR The FCA plans to authorize UK retail investors to trade crypto cETNs on regulated exchanges, lifting a restriction in place since 2021. The move...
Chanos Bets Against Strategy: Here’s Why
TL;DR Jim Chanos believes Strategy’s premium over its Bitcoin holdings is unsustainable and suggests exploiting the arbitrage opportunity. Hedge funds are taking advantage of a...
Crypto Projects: What Role Does Venture Capital Play and Why Do So Many Fail?
TL;DR In 2024, investment in crypto projects reached $13.7 billion, but nearly half are no longer active, and over 75% generate less than $1,000 in...
OnRe Launches Its ONe Token and Opens the Reinsurance Market to New Investors
TL;DR OnRe launched its ONe token and its first on-chain reinsurance pool, backed by Ethena Labs, Solana, and RockawayX. The project offers decentralized access to...
Catena Labs Unveiled: Former Circle Cofounder’s $18M Bet on AI-Native Banking
TL;DR Former Circle cofounder Sean Neville raises $18M to launch Catena Labs, aiming to create the world’s first AI-native bank. The startup plans to overhaul...