Classover to Issue Up To $500M for SOL Reserve
Classover, a K-12 education company, has announced a move into crypto through the creation of a Solana reserve. The company plans to issue up to $500 million in senior convertible…
Binance founder CZ warns of Bitcoin treasury risks amid growing adoption
Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June…
US Bitcoin ETFs navigate $1.2 billion outflows amid European retail approval
US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price…
XRP Ledger transaction volume dips in May as institutional interest rises
The XRP Ledger (XRPL) recorded a drop in transaction volume in May 2025, even as institutional adoption of the blockchain network continues to rise. According to data from XPMarket, XRPL…
Ripple RLUSD and Solana deals enhance Dubai crypto hub status
Dubai is cementing its role as a leading crypto-friendly hub through strategic collaborations with major blockchain firms. On June 3, financial authorities in the region announced different initiatives with Solana…
Strategy sits on up to $15.8B Q2 Bitcoin gains with sights on S&P 500 listing
Strategy (formerly MicroStrategy) expects to book $15.8 billion this quarter when it marks its Bitcoin treasury to market under Accounting Standards Update 2023-08. Per KPMG, the rule forces companies to…
Bitstamp finally folds into Robinhood in $200M merger, unlocking global crypto passport
After a 12-month wait, the all-cash deal’s completion adds 50-plus licences, four million customers, and an institutional revenue line to Robinhood’s arsenal. Robinhood has closed its year-long, $200 million takeover…
Coinbase delayed revealing data breach that may cost up to $400M, drops third-party vendor
Secret knowledge, sudden split: the crypto exchange faces mounting legal and regulatory heat for a four-month silence over a breach affecting at least 69,000 customers. Coinbase was alerted as early…
Ethereum Extends Winning Streak to 6 Weeks, Inflows Hit $1.19 Billion
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its…
Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence
Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly…