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Crypto News

Somnia Blockchain Breaks Records with One Billion Transactions Milestone

Somnia, a blockchain purpose-built for gaming and entertainment, has marked a major milestone by surpassing one billion transactions on its network. This includes a...
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Crypto News

SEC knocks down DeFi Development Corp’s ‘$1 Billion Solana Investment Plan’

Key Takeaways The capital raise, originally filed via Form S-3 in April 2025, was intended to fund large-scale purchases of Solana (SOL) tokens The company had...
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Crypto News

SEC knocks down DeFi Development Corp’s ‘$1 Billion Solana Investment Plan’

Key Takeaways The capital raise, originally filed via Form S-3 in April 2025, was intended to fund large-scale purchases of Solana (SOL) tokens The company had...
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Crypto News

USDC Issuer Circle Debuts on NYSE at $31 Per Share, Valuing Stablecoin Firm at $6.2 Billion

Circle made its public market debut Wednesday on the New York Stock Exchange (NYSE) under the ticker “CRCL,” pricing its shares at $31 —...
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Crypto News

OpenAI’s $6.4 Billion Hardware Gamble Exposes the Closed AI Trap

OpenAI just spent $6.4 billion acquiring io, Jony Ive's nascent hardware venture. As someone who grew up idolizing the Jobs-Ive partnership—Mac Addict subscription, Marathon...
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Crypto News

FTX Begins Second Round of Customer Payouts Worth Over $5 Billion

Collapsed crypto exchange distributes funds to creditors with varying recovery rates The bankrupt cryptocurrency exchange, operating under court-approved reorganization plans, expects eligible creditors to receive...
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Crypto News

Trump Media Raises $2.5 Billion to Buy Bitcoin, Joins Corporate Crypto Gold Rush

Trump Media & Technology Group (TMTG), the owner of Truth Social and part-owned by former U.S. President Donald Trump, has announced a $2.5 billion...
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Crypto News

MSTR Launches $2.1 Billion ATM Program for Perpetual Strife Preferred Stock

James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a...
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