[PRESS RELEASE – Berlin, Germany, June 18th, 2025] BitVault, a DeFi protocol aiming to redefine Bitcoin’s role in stablecoin infrastructure, has announced the close of a $2 million pre-seed round. Strategic investors include GSR, Gemini, Auros, and Keyrock, among others—joining BitVault in building what it calls the “next era of BTC-backed money”: an institutionally-aligned alternative […]
An average of 566 BTC per day is falling into this long-term “ancient supply” bucket, compared to the current daily issuance rate of 450 BTC, reported Fidelity Digital Assets on June 18. This trend marks the first time in Bitcoin’s history that long-term held coins are growing faster than new supply, potentially reinforcing the asset’s […]
A new report by CryptoQuant ranks the transparency of five major crypto exchanges based on their proof-of-reserves (PoR) practices. The analysis revealed that Binance is leading, while other players like Bybit, OKX, Kraken, and Coinbase are trailing. The PoR Rankings The survey evaluated each exchange’s reserve ratio, a metric calculated by dividing the net customer […]
Hong Kong-based DDC Enterprise has announced it has entered into three securities purchase agreements that could generate up to $528 million in gross proceeds, excluding placement agent fees and offering expenses. The capital raise features participation from institutional investors, including Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of prominent Bitcoin investors. […]
Arthur Hayes has questioned the motivations behind recent high-profile moves by crypto investor James Wynn. He suggested that the trader’s actions might be more driven by a desire for engagement rather than making actual earnings. Airdrop Farming Allegations In a clip shared by Laura Shin, host of the Unchained Podcast, Hayes commented on Wynn’s latest […]
On June 17, the Thai government approved in principle a tax exemption to promote the country as a Global Digital Asset Hub. Deputy Minister of Finance, Mr. Julapun Amornvivat, announced the measure, labelling it a move to increase investment, stimulate economic activity, and drive long-term growth. “This tax adjustment will enhance the growth of Thailand’s […]
The US Senate has passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 68 to 30 vote on June 17. The landmark bill sets the first federal regulations for dollar-pegged stablecoins in America and has been lauded by the crypto industry. “The GENIUS Act will protect consumers, enable responsible innovation, […]
In a display of crypto’s long game paying off, a participant in Ethereum’s 2014 Initial Coin Offering (ICO) awoke after 10 years of dormancy and deposited 2,000 ETH that they had acquired at the time onto Binance. If they cashed out, the potential windfall from a mere $620 investment during Ethereum’s genesis would represent an […]
AI-powered education group Genius Group has boosted its Bitcoin holdings by more than 50% in a renewed show of confidence in the digital asset. The company disclosed that it increased its corporate Bitcoin treasury from 66 BTC to 100 BTC, an addition of 34 BTC worth approximately $3.42 million, which brings the total value of […]
Polygon’s zero-knowledge chain, zkEVM, which was originally acquired through the $250 million purchase of Hermez in 2021, appears to have fallen flat. According to GrowThePie’s research lead, Lorenz Lehmann, Polygon zkEVM has seen little meaningful progress since its rebranding and is now operating at an annual loss of over $1 million. “Development Quietly Abandoned” Lehmann […]