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.
LayerZero completes first phase of airdrop snapshot. $ZRO distribution details awaited. Backed by a16z, Sequoia, with 4.8M users. Criteria for eligibility and measures against Sybil attacks discussed.
Blast faces criticism but shows resilience, with TVL up 59%. Its ecosystem fosters DeFi innovation, gearing up for a pivotal airdrop in May.
Slothana ($SLOTH) ICO Hits $10 Million Mark: Countdown to presale end on April 29. Launch timed with Bitcoin halving and 420. Symbolic significance boosts anticipation. Operates on Solana network amid network updates. Investors can join via SOL contribution. Reflects growing interest in meme projects and Solana network.
This means that after the Cancun upgrade, the gas fees of Layer 2 networks such as Optimism and Arbitrum will drop significantly. Some developers estimate that the fees can drop by 75%.
The SEC's impending decision on spot bitcoin ETFs brings anticipation and uncertainty to the cryptocurrency market. Market players are closely monitoring developments as the industry stands on the brink of a historic decision.
The final countdown for the Ethereum Merge was incorporated by Google in its latest update.
The date of the merger of Ethereum is basically confirmed, but the ownership of the computing power of more than 800 T in the entire network is still in doubt.
From July 3 the four-week window for application developers and exchanges to test the upcoming Cardano upgrade begins before it's launched onto the mainnet.
With less than 24 hours remaining until the debut of the Chains (CHA) token presale, time is running out to ...