Category: crypto

Cardone Capital purchased 282 Bitcoin worth $18 million as the cryptocurrency market declined amid geopolitical tensions. The firm uses rental income from real estate properties to fund Bitcoin purchases. Grant Cardone aims to hold 3,000 BTC by 2026 and 10,000 BTC long-term. The company combines Bitcoin and real estate investments.

Sonic Labs is undergoing a leadership overhaul with three senior figures resigning from the board amid a decline in the S token. New executives have been appointed, and governance reforms have been launched. The token has fallen 97% since its launch in 2025. The company aims to improve accountability and communication.

Two Texas brothers pleaded guilty to federal robbery charges after kidnapping a Minnesota family and forcing an $8 million cryptocurrency transfer. The victims were held at gunpoint for hours, with the attackers compelling them to transfer the funds. Crypto-related kidnappings have been on the rise globally, with losses totaling $101 million in the first four…

The Philippine SEC is supporting real-world asset tokenization, with four companies testing new financial products in its regulatory sandbox. The SEC believes existing laws can accommodate tokenized assets and investment products, while the BSP has tightened crypto listing requirements. The regulator is confident in overseeing tokenized products within the existing legal framework.

Binance founder CZ proposed freezing up to 1 million Bitcoin linked to Satoshi Nakamoto if they remain inactive after transitioning to quantum-resistant cryptography. This plan aims to protect vulnerable coins from quantum attacks but raises concerns about property rights. The Bitcoin community remains divided on the issue.

Jake Chervinsky accuses CME Group of using a lawsuit against U.S. crypto perpetual futures to protect its market dominance. CME controls 92% of exchange-traded derivatives volume. Chervinsky criticizes CME’s legal challenge as a resistance to new competition. CME argues that perpetual futures should be regulated as swaps, not futures contracts. Regulatory definitions under Dodd-Frank are…

Kalshi is in early discussions with investment banks about a potential IPO after exceeding a $2 billion annual revenue run rate. The platform recently secured a $1 billion funding round at a $22 billion valuation. Regulatory scrutiny has increased as trading volumes rise, with issues surrounding prediction market regulation in the US.

Yuma criticizes Bittensor’s “Root Reborn” upgrade, warning of governance, regulatory, and market risks, and suggesting the proposal could lead to conflicts of interest and regulatory concerns among validators. The proposal aims to change how root staking rewards are handled, with Yuma calling for more testing and risk analysis before deployment.

Strive CEO Matt Cole reported that digital credit experienced a challenging session due to sharp movements in STRC and SATA. The drop in prices was attributed to forced selling, not a decline in credit quality. Despite the volatility, Strive’s reserves remain intact as investors assess leverage and liquidity risks in the digital credit market.

AllUnity has launched SEKAU, a Swedish krona-backed stablecoin compliant with the European Union’s Markets in Crypto-Assets Regulation. SEKAU is pegged 1:1 to the Swedish krona, backed by segregated reserves, and available on multiple blockchain networks. Banking Circle and Marginalen Bank support the stablecoin, which targets institutional settlement and cross-border payments.