The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running total to $41.2 million, based on Farside Investors’ data.  The one-day addition to the Rex-Osprey’s Solana + Staking ETF (SSK) 104% of the $20.2 million raised over the previous three trading sessions, effectively doubling net inflows. [Editor’s Note: SSK isn’t a pure spot...
Greek authorities carried out the country’s first-ever crypto seizure after tracing funds linked to the record-breaking $1.4 billion hack of crypto exchange Bybit earlier this year. The Hellenic Anti-Money Laundering Authority issued a freezing order on a suspect wallet following a months-long investigation aided by blockchain analytics firm Chainalysis. The operation targeted funds allegedly...
Hester Peirce, head of the US Securities and Exchange Commission’s (SEC) Crypto Task Force, said that putting securities on a blockchain “does not have magical abilities to transform the nature of the underlying asset.”  In a July 9 statement, Peirce emphasized that tokenized shares, notes, or entitlements “are still securities,” requiring issuers, intermediaries, and traders to adhere to...
Bitcoin (BTC) reached a new all-time high of $112,040 on July 9, edging above the previous intraday peak of $111,917.37 recorded on May 22, TradingView data shows. The breakout arrived hours after President Donald Trump dispatched formal tariff letters to seven nations, unveiling duties of up to 30% that take effect Aug. 1. According to CryptoSlate data, Bitcoin was trading at $111,238 as of...
Bitget has rolled out tokenized stock trading on its Onchain platform, enabling crypto users to gain exposure to top global equities without relying on traditional brokerages. The move, announced on July 9, was made possible through an integration with Kraken’s recently launched xStocks infrastructure. The initial listings include tokenized versions of Tesla (TSLAx), Nvidia (NVDAx), Strategy (...
A group of US Democratic senators has introduced a new bill to sanction El Salvador’s President Nayib Bukele and members of his administration. The legislation, titled the El Salvador Accountability Act (S.2058), was put forward by Senators Chris Van Hollen, Tim Kaine, and Alex Padilla. If passed, the bill would require President Donald Trump to impose sanctions over alleged human rights...
Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12. The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders. PUMP’s ICO details About 33% of the total PUMP token supply will be sold during the ICO. Of this, 18% is...
SAN FRANCISCO, July 9, 2025 – The Graph, the open, universal data layer for web3, announced today a strategic integration with the TRON blockchain network. This integration leverages Substreams, a powerful streaming product developed by StreamingFast, a core developer team for The Graph, and marks a significant expansion in blockchain data accessibility by offering developers instant streaming...
Kraken has announced the expansion of its xStocks product to Binance-backed BNB Chain, marking a significant step toward making tokenized US equities more accessible globally. According to a July 9 statement, Kraken’s users outside the United States will soon be able to deposit and withdraw tokenized stocks, such as AAPLx, TSLAx, SPYx, and NVDAx, via BNB Chain. These assets, issued by Backed,...
A major security incident struck the decentralized exchange GMX, siphoning approximately $42 million from its Arbitrum-based v1 perpetual platform. In response, GMX has sent an on-chain message to the hacker offering a 10% white-hat bounty. The platform stated that no legal action will be pursued if the remaining funds are returned within 48 hours. This move mirrors common damage control tactics...