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

Galaxy Digital raises $175 million for its first externally backed venture fund, targeting early-stage crypto startups.
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’s token surged 38% as talk of an AI partnership with Google spread ahead of the project’s upcoming Pi2Day event announcement on Saturday.
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.
World Liberty Financial, the Trump-backed crypto venture, is preparing to publish its first stablecoin audit and may enable WLFI token transfers.
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.
The victim of a $20 million crypto pig butchering scam has sued Citibank, alleging it ignored “red flags” and should have investigated suspicious activity.
The crypto mining firm will additionally sell its own stock to purchase more ETH for its treasury.
The case marks California DFPI’s first enforcement action under the state’s Digital Financial Assets Law.
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 reenters the crypto space with onchain remittances and digital asset trading following the ease of regulations in the US.
Macroeconomist Lyn Alden said the US dollar barely “got any flight-to-safety bid” despite recent geopolitical tensions between Iran and Israel.
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 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.
Analysts are bullish on ETH’s long-term prospects and ETF inflows, but futures data paints a different picture.
Kalshi plans to use a portion of the funding to scale its technology team, CEO Tarek Mansour said.
Several exchanges have announced MiCA licenses this year, following requirements being enforced in 2024 to offer digital asset services in the EU.
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.
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.
The decision was announced Wednesday by FHFA director William J. Pulte, who said the directive aligns with US President Donald Trump's crypto agenda.
