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The recent investment in Solana signifies growing institutional interest in the cryptocurrency space, particularly in blockchain scalability solutions. The $500 million convertible note issuance not only enhances Solana’s network capacity but also showcases the commitment of institutional investors amidst market fluctuations. A spokesperson for SOL Strategies highlighted that this investment reflects significant institutional confidence in … Read more

The Los Angeles Police Department has recovered $2.7 million worth of Bitcoin mining machines it alleges were stolen by a crime ring in a heist at the city’s airport. The LAPD said on April 22 that detectives from its Cargo Theft Unit, along with the city’s Port Police, the railroad-based Union Pacific Police, and the … Read more

With Paul Atkins promising clearer rules, is the fog around U.S. crypto policy finally lifting? As the broader crypto market experiences renewed momentum, attention is turning to a wave of pending ETF applications that could reshape investor access to digital assets. Eric Balchunas on pending crypto ETFs Bloomberg’s senior ETF analyst Eric Balchunas highlighted the … Read more

U.S. lawmakers are rallying behind new SEC leadership, fueling explosive optimism for a regulatory overhaul that unleashes digital assets, drives innovation, and supercharges markets. New SEC Chair Paul Atkins Sparks High Hopes for Digital Asset Revolution U.S. lawmakers are eager to work with the new chairman of the U.S. Securities and Exchange Commission (SEC), Paul … Read more

Altcoins Mythical Games, the Web3 gaming studio known for “NFL Rivals,” announced on Wednesday that it will globally launch its FIFA-themed mobile soccer game in June, with a pre-release rollout scheduled for May. The game, tentatively titled “FIFA Rivals,” will be available on both Apple and Android devices, and is expected to debut in tandem … Read more

In brief Riot Platforms established a $100 million credit facility via Coinbase Credit. The Bitcoin mining firm will use the funds to fuel key strategic initiatives. A portion of its Bitcoin treasury was used to secure the facility. Publicly listed Bitcoin miner Riot Platforms has secured a credit facility of up to $100 million from … Read more

In brief SOL Strategies, a Canadian investment firm, has secured a $500 million deal with ATW Partners. It will use a convertible note to buy SOL. The firm currently holds 267,151 SOL—over $40 million of the cryptocurrency. Canadian investment firm SOL Strategies has secured a $500 million convertible note to buy Solana, the company announced … Read more

Brale, a U.S.-based regulated platform for stablecoin issuance, has begun the process to become a permissioned Minter on the M0 network—positioning itself as the first American issuer of M0-powered stablecoins. This development marks a critical milestone for M0, a decentralized launchpad enabling the creation of application-specific stablecoins. As the stablecoin sector inches toward regulatory clarity … Read more

DAYTON, OHIO – MARCH 15: A detailed view of a NCAA logo is seen prior to a First Four game of the … More NCAA Men’s Basketball Tournament at University of Dayton Arena on March 15, 2023 in Dayton, Ohio. (Photo by Andy Lyons/Getty Images) Getty Images Late Wednesday, Senior District Judge Claudia Wilken granted … Read more

More than 15 crypto firms are storming the gates for banking licenses as U.S. regulators ease restrictions, opening direct access to federal payment systems and legitimacy. Banking Regulators Ease Rules, Trigger Rush From 15+ Crypto Firms More than a dozen crypto firms are reportedly applying for banking licenses with the Office of the Comptroller of … Read more