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Found 2645 news

  • Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports
    CryptoSlate - 23:15 Jul 03, 2025
    Backpack halted trading for scheduled maintenance at 10 a.m. UTC on July 3 and reopened two hours later, but the restart triggered account errors that forced CEO Armani Ferrante to promise reviews and compensation. Backpack had warned users on X that the platform would go offline at 10 a.m., enter post-only mode at noon, and […] The post Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports appeared first on CryptoSlate.
    Tags: Backpack Solana Post-maintenance
  • Russian insurance firms unveil investment life policies tied to Bitcoin
    CryptoSlate - 22:30 Jul 03, 2025
    Two major Russian insurance firms, Renaissance Life and BCS Life Insurance, have launched investment life insurance policies (ILIPs) linked to Bitcoin, according to a July 2 local media report. According to the report, the innovative policies allow investors to gain exposure to BlackRock’s iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF by assets under management. […] The post Russian insurance firms unveil investment life policies tied to Bitcoin appeared first on CryptoSlate.
    Tags: Russian Bitcoin
  • BlackRock’s Bitcoin ETF rapidly climbs to third in revenue, nears top spot
    CryptoSlate - 21:45 Jul 03, 2025
    BlackRock’s spot Bitcoin exchange-traded fund IBIT has become the asset manager’s third-highest revenue-generating ETF just 18 months after its launch, according to data shared by Bloomberg senior ETF analyst Eric Balchunas. Strategy Chairman Michael Saylor responded to the milestone by predicting that IBIT will soon become BlackRock’s number one revenue-generating ETF. The IBIT fund has […] The post BlackRock’s Bitcoin ETF rapidly climbs to third in revenue, nears top spot appeared first on CryptoSlate.
    Tags: Bitcoin BlackRock
  • 21Shares says June payroll surprise sets soft-landing stage that could catalyze Bitcoin beyond $200k
    CryptoSlate - 21:07 Jul 03, 2025
    June US employment data exceeded forecasts and sets a macro backdrop that could send Bitcoin (BTC) past $200,000, according to a research note from Matt Mena, crypto research strategist at 21Shares. The Labor Department reported that non-farm payrolls increased by 147,000 in June, surpassing the consensus estimate of 110,000, while the unemployment rate fell to […] The post 21Shares says June payroll surprise sets soft-landing stage that could catalyze Bitcoin beyond $200k appeared first on CryptoSlate.
    Tags: June Bitcoin Shares
  • Circle stock outpaces Bitcoin with 472% growth since June IPO
    CryptoSlate - 19:50 Jul 03, 2025
    Circle’s stock (CRCL) has dramatically outperformed Bitcoin since its June 5 listing on the New York Stock Exchange. According to data shared by former BitMEX CEO Arthur Hayes, CRCL has surged nearly 472% relative to Bitcoin when indexed to its IPO date. The rally comes as Circle’s share price jumped from its $31 IPO price […] The post Circle stock outpaces Bitcoin with 472% growth since June IPO appeared first on CryptoSlate.
    Tags: Circle June Bitcoin
  • Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
    CryptoSlate - 19:15 Jul 03, 2025
    Senator Cynthia Lummis filed a bill on July 3 that rewrites multiple sections of the Internal Revenue Code to govern how crypto users calculate, defer, and report taxable income. The measure inserts statutory definitions for “digital asset” and “actively traded digital asset,” classifying any cryptographically recorded unit of value as property unless it merely mirrors […] The post Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards appeared first on CryptoSlate.
    Tags: Senator Lummis
  • Tether and Adecoagro join forces on renewable-powered Bitcoin mining venture
    CryptoSlate - 18:41 Jul 03, 2025
    Stablecoin issuer Tether has signed a Memorandum of Understanding (MoU) with Adecoagro S.A. to explore a strategic collaboration centered on renewable-powered Bitcoin mining, according to a July 3 statement. Adecoagro, one of South America’s leading producers of sustainable agricultural goods and energy, is evaluating how its more than 230 MW of renewable energy capacity can […] The post Tether and Adecoagro join forces on renewable-powered Bitcoin mining venture appeared first on CryptoSlate.
    Tags: Adecoagro Bitcoin Tether
  • Solana dominates real value rankings, DEX volume during H1
    CryptoSlate - 01:00 Jul 03, 2025
    Solana dominated major cryptocurrencies in real economic value (REV) and DEX volumes during the first half of 2025, according to Helius’ “Solana Ecosystem Report H1 2025.” The report highlighted that Solana has led all blockchains in REV since October 2024 and reached $551 million in January 2025.  REV is a metric that measures the monetary […] The post Solana dominates real value rankings, DEX volume during H1 appeared first on CryptoSlate.
    Tags: Solana
  • Crypto VC funding drops 22% in Q2 despite strong June finish
    CryptoSlate - 00:00 Jul 03, 2025
    Venture capital funding directed towards crypto startups totaled $4.5 billion during the second quarter, down 22% versus the previous three months. According to DefiLlama data, the breakdown of the second quarter shows monthly flows of roughly $1.29 billion in April, $624 million in May, and $2.5 billion in June.  June’s figure is over 4x larger […] The post Crypto VC funding drops 22% in Q2 despite strong June finish appeared first on CryptoSlate.
    Tags: June Crypto
  • End of the quarter wipes out billions from Bitcoin open interest
    CryptoSlate - 23:15 Jul 02, 2025
    Bitcoin’s derivatives market saw a quiet but meaningful repositioning in July, marked by two liquidation-driven drawdowns in futures and a record expiry event that wiped out over $15 billion in options open interest. These changes took place alongside relatively muted price action, as Bitcoin hovered between $101,000 and $110,000 throughout June before stabilizing near $107,000 […] The post End of the quarter wipes out billions from Bitcoin open interest appeared first on CryptoSlate.
    Tags: Bitcoin
  • DeFi Development Corp. to raise $100M for Solana treasury acquisitions ahead of ETF launches
    CryptoSlate - 22:28 Jul 02, 2025
    DeFi Development Corp has unveiled plans to raise $100 million through a private offering of convertible senior notes to strengthen its Solana-focused treasury strategy as anticipation for potential U.S. approval of Solana exchange-traded funds (ETFs) ramps up. DeFi Development Corp. said proceeds will be used partly to repurchase its own shares through a prepaid forward […] The post DeFi Development Corp. to raise $100M for Solana treasury acquisitions ahead of ETF launches appeared first on CryptoSlate.
    Tags: DeFi Development Corp Solana
  • OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing
    CryptoSlate - 21:45 Jul 02, 2025
    OpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new blockchain platform do not represent OpenAI equity and were listed without the company’s consent. In a statement posted on X, the artificial intelligence developer wrote:  “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not […] The post OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing appeared first on CryptoSlate.
    Tags: OpenAI Robinhood
  • SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight
    CryptoSlate - 21:00 Jul 02, 2025
    Grayscale’s conversion of its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF) has been frozen by a stay order, despite receiving approval from the Securities and Exchange Commission (SEC) on July 1. Bloomberg ETF analyst James Seyffart said in a social media post on July 2 that the stay blocks the conversion “for now” […] The post SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight appeared first on CryptoSlate.
    Tags: Grayscale
  • StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds
    CryptoSlate - 20:30 Jul 02, 2025
    Bitcoin (BTC) could see its strongest half-year performance ever in late 2025, driven by record ETF inflows, policy risks to the Federal Reserve, and broadening sovereign adoption, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered. In a July 2 research note, Kendrick forecasted that ETF inflows and corporate treasury purchases will […] The post StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds appeared first on CryptoSlate.
    Tags: Bitcoin StanChart
  • CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest
    CryptoSlate - 20:00 Jul 02, 2025
    Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor and Aldermen approved the mine’s development after a 3-1 vote to rezone the targeted 50-acre site. The land will shift […] The post CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest appeared first on CryptoSlate.
    Tags: CleanSpark Tennessee
  • Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening
    CryptoSlate - 19:16 Jul 02, 2025
    Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market opening on the Toronto Stock Exchange. MOGO closed July 1 priced at 1.74 Canadian dollars, worth roughly $1.28. It opened on July […] The post Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening appeared first on CryptoSlate.
    Tags: Canadian Bitcoin Mogo
  • Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight
    CryptoSlate - 18:31 Jul 02, 2025
    Ripple applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) on July 2, CEO Brad Garlinghouse wrote in a post on X.  The filing would place Ripple USD (RLUSD) under federal supervision while maintaining its existing oversight by the New York Department of Financial Services, creating a “new […] The post Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight appeared first on CryptoSlate.
    Tags: Ripple RLUSD
  • Bitcoin holder unlocks $10 million from rare Casascius bar bought for $500
    CryptoSlate - 00:00 Jul 02, 2025
    A long-time Bitcoin holder has finally cracked open one of the rarest physical Bitcoin collectibles in existence—a Casascius bar loaded with 100 BTC. The collector, who goes by the name John Galt on the Bitcoin Talk forum, originally bought the bar in 2012 for just $500. 13 years later, he redeemed it when the top […] The post Bitcoin holder unlocks $10 million from rare Casascius bar bought for $500 appeared first on CryptoSlate.
    Tags: Bitcoin Casascius
  • Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms
    CryptoSlate - 23:00 Jul 01, 2025
    Ethereum developer Zak Cole is spearheading a new initiative called the Ethereum Community Foundation (ECF), which will primarily work to enhance the digital asset’s economic value. The initiative was announced during the Ethereum Community Conference in Cannes, France. Founded by Cole and a group of ecosystem supporters, the ECF has reportedly already raised “millions” and […] The post Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms appeared first on CryptoSlate.
    Tags: Zack Cole Ethereum
  • Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy
    CryptoSlate - 22:15 Jul 01, 2025
    Figma’s initial public offering (IPO) prospectus reveals that the design software company holds approximately $69.5 million of the Bitwise Bitcoin ETF (BITB). According to a July 1 filing, a table lists the ETF under level-1 marketable securities at $69.533 million.  The document also stated that the board authorized a $55 million purchase on March 3, […] The post Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy appeared first on CryptoSlate.
    Tags: Figma Bitwise Bitcoin

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