Fitell’s $216.8 Million Investment in Solana Causes Its Stock to Drop
The Australian firm Fitell has injected $216.8 million into the Solana treasury, although its shares plummeted 14% on their debut. This move was announced on...
investment
Circle Launches Its Million-Dollar Tokenized Fund on Solana to Boost Traditional Finance
Circle, the issuer of the USDC stablecoin, has officially launched its tokenized Treasury fund, USYC, on the Solana network. This strategic move, announced by the...
Jiuzi Holdings Announces Bold $1 Billion Crypto Plan, Unleashing Stock Volatility
Chinese electric vehicle firm Jiuzi Holdings (JZXN) shook the markets this September 24th by announcing an ambitious investment plan of up to one billion dollars...
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...
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...