The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 

Feed Items

Ethereum-focused firms BitMine and SharpLink Gaming have each surpassed $1 billion in ETH holdings. BitMine disclosed on July 17 that it now holds 300,657 ETH, valued at approximately $1.04 billion. The firm acquired its holdings at an average price of $3,461.89 per token. Conversely, SharpLink Gaming has also expanded its Ethereum position, purchasing an additional $68.4 million worth of ETH....
Bit Origin has arranged up to $500 million in new capital to accumulate Dogecoin (DOGE) for its corporate treasury, becoming the latest public company to shift its digital asset reserves beyond Bitcoin.  The company stated in a current report on Form 6-K that accredited investors committed $400 million in Class A shares and $100 million in convertible notes.  Bit Origin closed the first $15...
Bitcoin Standard Treasury Company has agreed to merge with Cantor Equity Partners I (CEPO) in a SPAC transaction that will take the Bitcoin-focused treasury vehicle public on Nasdaq under the ticker BSTR once the deal is closed.  The parties signed the Business Combination Agreement dated July 16 and released the announcement today.  BSTR plans to launch with 30,021 Bitcoin (BTC) and up to $1.5...
The House passed the GENIUS Act in a 307‑122 vote and sent the bill to President Donald Trump, who plans to sign it at a White House ceremony tomorrow, according to Galaxy head of research Alex Thorn.  The 307‑122 tally showed that more than 100 Democrats joined most Republicans to advance the measure, which differed from the tight vote on passing the motion to reconsider the bill. House...
Canary Capital has filed with the U.S. Securities and Exchange Commission to launch the first-ever staked Injective (INJ) exchange-traded fund, aiming to provide institutional investors with regulated access to native on-chain yield. The proposed Canary Staked INJ ETF would actively stake its INJ holdings on the Injective proof-of-stake network, passing staking rewards, currently estimated at 10...
Nasdaq filed with the Securities and Exchange Commission (SEC) on July 16 to add staking to BlackRock’s iShares Ethereum Trust (ETHA) exchange-traded fund (ETF).  The rule change would add a detailed “staking” section permitting BlackRock to stake Ethereum (ETH) directly or through one or more trusted staking providers.  BlackRock would treat received rewards as income, and the firm must hold the...
DV8 has completed its first capital raise since undergoing a strategic shift toward becoming Southeast Asia’s first crypto treasury company, securing approximately THB 241 million (roughly $7.4 million), according to a filing released July 16. The funding round closed with a 99.9% warrant exercise rate, marking a critical vote of confidence from existing shareholders in the firm’s long-term...
Crypto fundraising is on pace to break records in 2025, with $16.5 billion raised in the first half alone, according to a report from CEX.IO. According to the report, this has already surpassed the $12.2 billion recorded across all of 2024 and also exceeds the $10.9 billion raised during the 2021 bull run, the industry’s most active fundraising year to date. Moreover, the substantial fundraising...
A July 15 report by the International Monetary Fund (IMF) suggests that El Salvador’s growing Bitcoin holdings are not the result of recent purchases, but rather a reorganization of existing assets. According to a footnote in the document: “Increases in [El Salvador’s] Bitcoin holdings in the Strategic Bitcoin Reserve Fund reflect the consolidation of Bitcoin across various government-owned...
The crypto industry is on track to witness record-breaking thefts in 2025, with over $2.17 billion already stolen from crypto services as of mid-July, according to a new report from Chainalysis. This figure surpasses the total amount stolen in all of 2024 and suggests a troubling upward trend in digital asset crime. A significant portion of this year’s stolen funds, approximately $1.5 billion,...