Mill City Raises Another $500 Million For SUI Treasury

Nasdaq-listed Mill City Ventures III may raise another $500 million under an equity agreement to fund its recently announced Sui treasury strategy — however, the news triggered a double-digit fall in Mill City’s share price. Mill City’s announcement on Friday comes shortly after raising $450 million earlier in the week. The financial services firm then became the first official public company to build a Sui (SUI) treasury when it purchased 76.2 million SUI tokens valued at $276 million. “This equity line is intended to give us the firepower to scale…

Crypto Hacks in July Top $142 Million, Crypto Exchanges Hit

Bad actors and scammers stole at least $142 million from the crypto space in July across 17 separate attacks, with the exploit of crypto exchange CoinDCX accounting for the most significant loss.  The total monthly losses represented a 27% increase from the $111 million in June, blockchain security firm PeckShield said in an X post on Friday.   However, it’s still a 46% drop from the same time last year, when July 2024 saw $266 million taken by hackers, with the $230 million breach of Indian crypto exchange WazirX accounting for…

Kraken Plans to Raise $500 Million at $15 Billion Valuation Ahead of Potential IPO

Crypto exchange Kraken is reportedly planning to raise $500 million at a $15 billion valuation as it prepares for a potential initial public offering (IPO) in early 2026, according to The Information. With a daily trading volume of approximately $1.25 billion, Kraken aims to solidify its valuation and maintain momentum after recent legal victories. The […] Source CryptoX Portal

InternetX to Tokenize 22 Million Domains With Doma Protocol

InternetX, a domain registrar under the IONOS hosting umbrella, plans to tokenize its entire portfolio of 22 million domains using D3’s Doma Protocol, potentially bringing traditional domains onchain. The Doma Protocol is a DNS-compliant blockchain platform designed for domain finance. Through this partnership, InternetX will enable customers and partners to convert traditional domains into blockchain-based tokens, potentially unlocking use cases such as crypto trading, fractional ownership and other Web3 applications. InternetX customers will also gain access to new Web3 distribution channels via Doma, with bridging capabilities to major blockchain networks…

Largest Publicly-Listed BNB Treasury To Launch In The US With $500 Million Raise

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…