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
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
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
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
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
A U.S. Special Forces soldier was arrested for allegedly using classified intelligence to profit on Polymarket, the first such insider trading case on the platform, triggering regulatory scrutiny.
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
Digital wallets have become critical tools for distributing aid in war-torn Lebanon, while governments are simultaneously cracking down on rampant cryptocurrency scams, highlighting the tension between humanitarian aid and digital financial security.
Jessy··2 min read
Silicon Valley venture capitalist David Sacks has confirmed he is no longer serving as President Donald Trump's Special Advisor on AI and Crypto, marking a significant change in the administration's tech advisory structure.
Jessy··2 min read