Category: crypto
-
Lombard aligns with Story to build Bitcoin-based IP rails
Lombard and Story are collaborating to use Bitcoin as collateral for on-chain intellectual property, providing creators with crypto-economic insurance. The partnership introduces Bitcoin Revenue Distribution for instant royalty payments and targets South Korea’s creative market. Story’s protocol allows for automated licensing and enforcement of IP rights using Bitcoin as collateral.
-
Daylight raises $75m to put crypto at the center of home energy
Daylight Energy raised $75 million to expand its decentralized energy network using crypto incentives, turning homes into distributed power plants. The startup aims to address inefficiencies in the solar industry and grid capacity issues by creating a financial and operational system that rewards homeowners for participating in grid stability.
-
StableX acquires Chainlink crypto in stablecoin play
StableX acquired Chainlink tokens as part of its $100 million strategy to invest in tokens that power the stablecoin ecosystem. Chainlink is important for stablecoins as it provides real-time data, proof-of-reserves, and has high-profile partnerships. This acquisition follows StableX’s investment in FLUID tokens.
-
Crypto stocks plummet as Bitcoin price falls under $110k
On October 16, 2025, crypto stocks, including MARA, Riot Platforms, and Bitfarms, faced pressure as Bitcoin’s price dropped below $110,000. The downturn was influenced by macro factors such as trade tensions and government shutdown, impacting publicly traded crypto-related companies. This decline occurred amid a broader dip in stocks due to U.S.-China trade war tensions.
-
DeFi Dev Corp adds 86,307 SOL to its expanding $426m treasury
DeFi Dev Corp has increased its SOL position by acquiring 86,307 tokens at an average price of $110.91 each, boosting its treasury to $426 million in Solana and SOL equivalents. The company continues to deploy equity financing to expand its Solana-focused treasury and staking strategy, supported by a recent partnership with Superteam Japan to launch…
-
Bitfarms raises convertible note offering to $500M
Bitfarms increased its convertible note offering to $500 million due to strong market demand. The notes carry a 1.375% rate and include capped calls to offset dilution. The funds will support the company’s growth plans in AI and computing, as it expands beyond mining.
-
Thumzup plots a Dogecoin powered creator economy
Thumzup plans to integrate Dogecoin for faster and cheaper cross-border payments to content creators. The move aims to reduce banking friction in micro-payments and attract crypto-native users. The company recently invested in DogeHash Technologies and gained TikTok API access, reinforcing its push towards a blockchain-enabled creator economy.
-
Kadena and Brickken launch testnet for compliant RWAs
Kadena and Brickken have launched a testnet RWA chain that aims to tokenize around $10 million in real-world assets at mainnet launch in 2026. The partnership combines compliance with scalability, bridging traditional finance with crypto. The goal is to bring institutions on-chain and create a new benchmark for institutional adoption.
-
Superstate taps Backpack to bring real U.S. stocks onchain
Superstate and Backpack are partnering to bring real stocks on-chain. They will use the Superstate Opening Bell platform to offer SEC-registered stocks on Solana. Unlike xStocks, this will provide direct ownership in U.S.-listed companies like NVIDIA and Tesla for non-U.S. investors, with rights like dividends and voting available. Launch details are forthcoming.
-
Sui platform Typus Finance plunges 35% amid oracle exploit
Typus Finance on Sui experienced a $3.4 million exploit due to an oracle vulnerability, causing the project to pause all smart contracts to protect users. This resulted in a 35% price drop for the Typus token. Market reaction was swift and negative, with the team actively investigating the situation.