OSL Group, one of Asia’s leading digital asset platforms, has raised $300 million through an equity financing round, marking the largest publicly disclosed capital raise in the region’s crypto space to date. Key Takeaways: OSL Group raised $300 million in Asia’s largest disclosed crypto equity deal to date. Funds will support stablecoin infrastructure, global licensing,…
BitMine Immersion Technologies has emerged as the largest corporate holder of Ether after acquiring more than $2 billion worth of ETH in just over two weeks, according to a statement released Thursday. Key Takeaways: BitMine has become the largest corporate holder of Ether, acquiring over $2 billion worth in just 16 days. The firm aims…
As Bitcoin dominance continues to slide in Q3 2025, traders are shifting focus to altcoins with outsized potential. In this altcoin season, previously dismissed tokens are regaining momentum. Shiba Inu and Bonk represent a renewed wave of meme coin speculation, while Cardano is attracting capital on institutional narratives. Together, the three tokens indicate a market…
Bitcoin’s (BTC) market influence has declined slightly, resulting in a shift of funds towards altcoins. Glassnode reported on X that Bitcoin’s market capitalization dominance fell from 63.76% to 60.78% over the past week. This 2.98% point drop marks one of the largest weekly declines this year. #Bitcoin dominance fell from 63.76% to 60.78% over the…
A growing number of publicly traded companies are raising hundreds of millions of dollars to build crypto treasuries, but one analyst says many aren’t actually buying digital assets from the open market. Key Takeaways: Crypto treasury firms often receive insider crypto contributions instead of buying from the open market. These models allow early contributors to…
Major crypto wallet maker Ledger has released Ledger Recovery Key, a spare key for users to access digital assets. The company announced this product in late June 2025. It allows Ledger Flex and Ledger Stax users to create a spare key alongside the 24 words. According to the press release, Ledger Recovery Key is supposed…
Circle Internet Group, Inc. (NYSE: CRCL) has announced a new partnership with Binance, the largest global digital asset exchange, to bring yield-bearing stablecoin USYC into Binance’s institutional trading platform. USYC is now supported as off-exchange collateral for @binance institutional clients, unlocking more capital efficient yield with tokenized U.S. Treasuries. TMMF backed by U.S. Treasuries Near-instant…
World Liberty Financial, a crypto venture connected to U.S. President Donald Trump, has intensified its Ethereum (ETH) buying spree with another multimillion-dollar purchase. The platform spent $2 million in USDC to acquire 561 ETH at a price of $3,567, according to on-chain data from Arkham Intelligence reported by Lookonchain. World Liberty Adds to ETH Stash…
Russian entities are exploiting Kyrgyzstan’s crypto infrastructure to bypass international sanctions and procure dual-use goods for use in Ukraine. Key Takeaways: Russia is using Kyrgyzstan’s fast-growing crypto sector to sidestep sanctions and acquire war-related goods. Kyrgyz-registered exchanges show ties to sanctioned entities and mimic the behavior of the banned Russian exchange Garantex. TRM Labs urges…
Chris Gorman, CEO of KeyCorp Bank that manages assets worth $185 billion, said that stablecoin has “a lot of promise,” making it a good solution for clients. Joining CNBC’s ‘Squawk on the Street’ to discuss KeyCorp’s operating environment, he touched down on recent US stablecoin legislation. “When you think about stablecoin, there is really a…