Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Collector Crypt launched a digital system on Solana where people can buy NFT packs linked to real graded Pokémon cards. Buyers can either keep the NFT or claim the actual card, bringing together digital collecting and physical items.
Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
Pumpfun will launch its PUMP token on 12 July, aiming to raise $600 million by selling 15% of its supply across its own site and Gate.com. Despite the hype, the platform’s revenue and user activity have dropped sharply, while rival LetsBonk is gaining ground.
North Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.
Invesco and Galaxy filed for a Solana ETF, aiming to give investors regulated access to the SOL token. Another filing proposes a new ETF mixing memecoins and NFTs from the Pudgy Penguins collection, marking a first of its kind in the market.
Sol Strategies, a Canadian crypto investment firm, has applied to list on Nasdaq after heavily investing in Solana tokens and staking operations. Despite a recent $3.5 million loss, the company aims to raise more capital and grow its presence in the US market.
The SEC has asked Solana ETF issuers to quickly update their filings, speeding up the approval process with decisions possible within weeks. This includes allowing staking features, which could boost investor interest and confidence in Solana.
Dubai’s VARA has signed an MoU with the Solana Foundation to advance blockchain innovation and talent development. Despite this, SOL remains over 2% down in the past 24 hours and below its January peak although it saw a slight uptick during the recent Bitcoin-led market pullback.
The SEC raised legal concerns about new Ethereum and Solana ETFs that include staking rewards, saying they may not qualify under current investment rules. REX and Osprey must address these issues before the funds can launch.
Token networks driven by software and governed by the community have enormous potential to impact the entire world economy and society.
BlackRock has officially launched its tokenized asset fund on the Ethereum network and made a strategic investment in asset tokenization company Securitize.
Daily transaction fees for minting Bitcoin Ordinals inscriptions reached a new all-time high on Thursday of 9.28 BTC, around $257,460, according to a Dune Analytics report.
Silvergate, Silicon Valley Bank, and Signature Bank- how the banking fallout impacts core BTC on-chain metrics, stablecoin depegging, and net capital outflows from the digital asset market.
From Mt. Gox to FTX, Vitalik Buterin believes that the “quality of villains” has gone downhill.
In this line, trading using traditional currencies has spiked to historical levels with a surge of about 30% following years of stagnant volumes.
According to The Block Research's Data Dashboard, the number of NFTs minted on Solana surged to a high of 312,000 on Sept. 7.
On July 3, Crema Finance, a centralized liquidity DeFi application on the Solana chain, announced its outage due to a hacker attack. The official Twitter account of the agreement quoted information from SolanaFM, an on-chain browser, saying that the value of the lost encrypted assets was 8.782 million US dollars.
The collapse of algorithmic Terra USD has created many setbacks and distortion in the broader crypto space. The outcome could ...
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism.