Institutional crypto infrastructure is growing with EDX Markets' funding and BitMine's ETH accumulation, while the DeFi sector faces consolidation due to security risks and MiCA regulation.
Jessy··2 min read
The crypto industry is consolidating as SummerFi winds down following an exploit and South Korea restricts overseas exchange apps, while EDX Markets secures $76M in institutional funding.
Jessy··2 min read
SummerFi is winding down after an exploit; BitMine has increased its ETH holdings to 4.8% of total supply; institutional exchange EDX Markets raised $76 million in a Series C round.
Leo··2 min read
OpenAI raised its compute spending forecast to $750B, including a $20B data center project. BitMine added $73M in ETH, now holding 4.8% of total supply, signaling institutional confidence.
Leo··2 min read
Institutional interest in crypto infrastructure remains robust. EDX Markets operates under a non-custodial model, while Augustus is positioning itself as a federally chartered bank to provide compliant dollar-denominated clearing services for stablecoins.
Jasmine··2 min read
Institutional crypto infrastructure advanced with EDX Markets closing a $76 million Series C, while BitMine added $73 million in ETH. South Korea reported 40 manipulation probes under its Virtual Asset User Protection Act, signaling tighter global oversight.
Jessy··2 min read
Project Eleven has developed a cryptographic tool for post-quantum Bitcoin wallet recovery, running in 243ms. However, the deliberate exclusion of Satoshi Nakamoto's 1.1 million coins has sparked debate over decentralization and network ethics.
Leo··2 min read
BitMine now holds 4.8% of the total ETH supply after a $73M purchase, and EDX Markets raised $76M, highlighting accelerated institutional crypto adoption.
Leo··2 min read
The crypto market sees institutional progress: EDX Markets raised $76 million, BitMine added $73 million in ETH, and NEAR Protocol optimized governance by eliminating developer gas rebates.
Jessy··2 min read
The institutional crypto treasury trend accelerates as BitMine increases its ETH holdings to 4.8% of supply, while EDX Markets secures $76 million in Series C funding.
Leo··2 min read
EDX Markets closes $76M Series C, advancing institutional crypto infrastructure. Large-scale corporate ETH accumulation and TradFi-DeFi convergence signal increasing professionalization.
Leo··2 min read
The SEC targets a July crypto exemption proposal; eToro expands into on-chain derivatives, Kraken eyes a European banking license, and NEAR Protocol updates its tokenomics.
Jessy··2 min read
BitMine has accumulated nearly 5% of total Ethereum supply, eToro is expanding into onchain derivatives, and traditional banks are exploring ways to bypass fee caps, signaling accelerated institutionalization.
Leo··2 min read
The Reserve Bank of India (RBI) has reiterated its hardline stance against crypto, recommending containment and keeping a ban on the table. Bitcoin trades around $61,211 as regulatory scrutiny weighs on institutional investor sentiment.
Jessy··2 min read
President Trump earned $1.2 billion from crypto ventures in his first year, sparking intense controversy over conflicts of interest and regulatory objectivity.
Jessy··3 min read
Katie Haun has raised $1 billion for new venture funds to continue supporting startups in the crypto and blockchain ecosystems, focusing on long-term infrastructure.
Leo··1 min read
Bitcoin has surged past $80,000 for the first time since January. Analysts are monitoring the market throughout May, with investors increasingly using AI tools for forecasting.
Leo··2 min read
A US special forces soldier has been arrested for allegedly using classified government information to profit $400,000 from Polymarket bets regarding a military operation against Venezuela's Nicolás Maduro.
Leo··2 min read