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Galaxy Digital raises $175M in first fund to expand crypto investments

Galaxy Digital raises $175 million for its first externally backed venture fund, targeting early-stage crypto startups.

Hong Kong reveals new stablecoin rules and tokenized bond plans

Hong Kong updated its digital asset strategy regarding stablecoin licensing and tokenization of real-world assets by introducing its LEAP framework for market growth.

Pi Network token spikes 38% on AI plans, Google partnership rumors

Pi Network’s token surged 38% as talk of an AI partnership with Google spread ahead of the project’s upcoming Pi2Day event announcement on Saturday.

Japan’s Metaplanet buys 1,234 BTC, now holds more than Tesla

Metaplanet has overtaken Tesla in corporate Bitcoin holdings, buying 1,234 BTC and bringing its total to 12,345 BTC as it eyes more expansion.

Trump-backed World Liberty to release stablecoin audit, make WLFI transferable

World Liberty Financial, the Trump-backed crypto venture, is preparing to publish its first stablecoin audit and may enable WLFI token transfers.

‘Major bummer’ — Users discover Ledger is sunsetting the ‘OG’ Nano S

Some users were questioning whether the Nano S would still work after support ends, and whether there was a security risk involved if they decided to keep using it.

Citibank accused of ignoring signs of $20M crypto romance scam

The victim of a $20 million crypto pig butchering scam has sued Citibank, alleging it ignored “red flags” and should have investigated suspicious activity.

Bit Digital falls 4% as it ditches Bitcoin mining for Ethereum

The crypto mining firm will additionally sell its own stock to purchase more ETH for its treasury.

Coinme pays $300K fine for violating California crypto ATM laws

The case marks California DFPI’s first enforcement action under the state’s Digital Financial Assets Law.

GameStop fails to woo traders with $450M raise, possibly for Bitcoin

Vincent Liu, the chief investment officer at Kronos Research, said buying Bitcoin alone isn’t enough to increase a company’s stock price; there needs to be a clear plan.

SoFi digital bank brings back crypto services after 2-year hiatus

SoFi reenters the crypto space with onchain remittances and digital asset trading following the ease of regulations in the US.

‘Fiat is fading’ — USD lowest in 3 years as Bitcoin reclaims $107K

Macroeconomist Lyn Alden said the US dollar barely “got any flight-to-safety bid” despite recent geopolitical tensions between Iran and Israel.

Crypto ATM sting uncovers elderly widow who lost $281K in a scam

One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs.

Invesco Galaxy files for Solana ETF, 9 issuers now in the race

Invesco and Galaxy Digital have filed the initial documents to launch a spot Solana ETF, making the ninth similar entry to be put before US regulators.

ETH ETF flows impress, but Ether futures data suggest traders exercise caution

Analysts are bullish on ETH’s long-term prospects and ETF inflows, but futures data paints a different picture.

Prediction market Kalshi raises $185M at $2B valuation — Report

Kalshi plans to use a portion of the funding to scale its technology team, CEO Tarek Mansour said.

Crypto exchange Kraken secures MiCA license in Ireland

Several exchanges have announced MiCA licenses this year, following requirements being enforced in 2024 to offer digital asset services in the EU.

Unhedged spot Bitcoin ETF flows show BTC is now a macro asset

Data shows spot Bitcoin ETF inflows are largely unhedged, pointing to real institutional investor conviction and BTC’s growing role as a macro-driven financial asset.

US Senator sets 2026 goal for two crypto bills

Cynthia Lummis said she expects the CLARITY Act and GENIUS Act to pass through Congress and be ready for the president’s signature by the end of the year.

US home mortgage regulator to recognize crypto assets in risk assessments

The decision was announced Wednesday by FHFA director William J. Pulte, who said the directive aligns with US President Donald Trump's crypto agenda.

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