Category: crypto

Nakamoto Inc., led by CEO David Bailey, is acquiring BTC Inc. and UTXO Management GP, LLC in a $107.3 million all-stock deal. The transaction combines Bitcoin media, events, and asset management businesses under one publicly listed entity. Nakamoto aims to create a vertically integrated Bitcoin platform with diverse revenue streams.

Abu Dhabi-linked sovereign investors held over $1 billion in U.S. spot Bitcoin ETFs by the end of 2025. Mubadala Investment Company and Al Warda Investments disclosed a combined 20.9 million shares in BlackRock’s Bitcoin ETF. Despite short-term outflows in the market, Abu Dhabi’s significant holdings indicate a long-term institutional strategy.

The Nevada Gaming Control Board has filed a civil enforcement action against KalshiEX LLC for offering unlicensed wagering in the state, arguing that their sports-linked event contracts constitute unlicensed gambling under state law. Kalshi is seeking to move the case to federal court, claiming jurisdiction under the U.S. Commodity Futures Trading Commission. Multiple states are…

Thai SEC has added BTC and other digital assets, as well as carbon credits, as eligible underlying assets for regulated derivatives. TFEX will design crypto-linked contracts to attract institutional traders and support ETF-like products. This move aims to promote market growth, diversify products, and improve risk management while broadening investment opportunities in Thailand’s digital finance…

Moonwell lost $1.78M in bad debt due to a pricing oracle bug misvaluing cbETH at $1 instead of $2.2k. Liquidators seized over 1,096 cbETH, draining collateral. Faulty formula reportedly generated by AI model Claude Opus 4.6 caused the exploit, highlighting risks of AI-written oracle and pricing code in DeFi.

Financial author Robert Kiyosaki warns of an imminent stock market crash, citing his 2013 book and urging investors to prepare for a wealth transfer opportunity. He is accumulating BTC, ETH, gold, and silver, emphasizing BTC’s fixed supply. BTC trades near $68.4k after dropping from $90k-$95k, with support at $64k and $60k-$62k.

Arthur Hayes believes that Bitcoin’s recent drop signals an upcoming credit shock, estimating potential AI-driven job losses could lead to over $500 billion in consumer and mortgage defaults. He expects a deflationary phase followed by aggressive Fed money printing, ultimately pushing Bitcoin higher. Despite risks, Hayes remains bullish on Bitcoin.

El Salvador plans to tokenize SME funding, Brazil considers BTC reserves, and Argentina limits digital wallet wages. El Salvador aims for $100 million in tokenized SME funding through COIN-Stakiny. Brazil’s RESBit bill proposes BTC reserves and tax breaks on digital assets. Argentina drops digital wallet salary deposits due to banking lobbying.

Pump.fun, a Solana-based token launch platform, introduces Cashback Coins, allowing token creators to redirect all creator fees to traders. This decision must be made before launch and is permanent. The move aims to address concerns about deployers collecting fees without providing ongoing value. Traders can claim rewards through the app.

Enso has announced live production deployments of cross-chain minting and execution flows powered by Chainlink, allowing assets to move across chains. This integration enables issuers to move capital across chains and deploy it into live strategies in a single transaction. The integration is live with launch partners including Reservoir, WLFI, Maple, Avant, Liquity, and Dolomite.…