The Blockchain Group (Euronext Paris: ALTBG) has announced the launch of a $343 million (€300 million) “ATM-type” capital increases program in partnership with TOBAM, a leading asset management firm and strategic investor. This program, inspired by the U.S. “At The Market” (ATM) offering structure, is designed to accelerate the company’s Bitcoin Treasury strategy by increasing […] Original
The Avalanche blockchain surpassed one million daily transactions twice in the span of a week, which is the first time the network hit this milestone since February 2024. Avalanche transactions topped the mark on June 1 and again on June 7. Total transactions for the week beginning June 2 reached 5.8 million, also the highest weekly total since early 2024 spikes, according to data from blockchain analytics platform Nansen. The spike in activity is largely driven by MapleStory Universe, Avalanche noted on X. MapleStory Universe is a Web3 gaming ecosystem…
Key Notes The Cetus protocol utilized $7 million in cash reserves, a $30 million USDC loan, and partial recovered funds to replenish liquidity pools. To compensate affected users, Cetus has allocated 15% of its native token, CETUS, with 5% immediately available and 10% released monthly over a year. Despite recent challenges, Cetus has returned to the top-ten DEX by trading volume. Sui Protocol’s native decentralized exchange (DEX) Cetus has successfully relaunched once again following a massive $220 million exploit last month. In a major announcement, the DEX also announced that…
Cetus Protocol, a Sui-native decentralized exchange that suffered a huge $220 million exploit in May, says it is now working on going open-source following its recent relaunch. An attacker exploited a pricing mechanism flaw to drain tokens from Cetus’ major liquidity pools on May 22. The protocol managed to freeze $162 million of the stolen funds shortly after. Trade volume on Cetus had been trending upward before the attack, registering over $5 billion in April and another $5 billion in May, despite shutting down after May 22. Cetus liquidity pools…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Based on reports, a long-dormant Bitcoin whale made a surprise move this week, snapping up 250 BTC for about $26.37 million. It’s the first time this wallet has shown activity in two years. Related Reading The…
Key Notes Musician Jonathan Mann made $3 million from selling his songs as NFTs in January 2022. As the Ethereum price crashed in the same year, so did the value of his earnings. Still, the Internal Revenue Service office taxed him on the basis of the price he paid for the holding when he first received it. Jonathan Mann, an American singer and songwriter, recently experienced a notable crypto loss due to the market crash. The musician behind the “Song A Day” project lost the $3 million he earned from…
TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest amid a backdrop of increased on-chain activity. An assessment of TRON’s network-level data suggests the blockchain is experiencing a surge in usage. According to a recent analysis published on CryptoQuant’s QuickTake…
SHENZHEN, China, June 3, 2025 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the “Company”), a technology service provider, announced that they have purchased up to $200 million in Bitcoin and cryptocurrency-related securities derivatives. As of Jun. 03, the cumulative investment income has reached $19.08 million. HOLO currently holds $303 million in cash reserves. The company plans to allocate these $303 million reserves toward derivatives and technology development in cutting-edge fields such as Bitcoin-related blockchain, quantum computing, quantum holography, and AI-powered AR.This move marks HOLO’s further exploration and practice in…
Semler Scientific has acquired an additional 185 BTC for $20 million, increasing its total holdings to 4,449 BTC. This strategic investment has contributed to a 26.7% year-to-date yield on the company’s bitcoin portfolio. Semler Scientific’s Bitcoin Investment Yields 26.7% YTD Return Semler Scientific (Nasdaq: SMLR) has bolstered its bitcoin reserves by purchasing 185 BTC for […] Original
Bitcoin ETFs suffered a third consecutive day of outflows with $286 million in redemptions, primarily from Blackrock’s IBIT. In contrast, ether ETFs logged an 11th straight day of inflows, bringing in $78.17 million. Bitcoin ETFs See Third Straight Day of Outflows as Ether ETFs Extend Green Run The momentum that once fueled bitcoin exchange-traded funds […] Original