Strategy $1B BTC Buy with $1B Stock Proceeds Strategy announced a $1 billion Bitcoin purchase of 13,927 BTC, funded entirely by $1.001 billion in net proceeds from selling over 10 million shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (Nasdaq:…
Bitmine 4% ETH Stake and Saylor’s $1B Bitcoin Buy Bitmine Immersion Technologies announced on April 12 that its Ethereum holdings exceeded 4% of the circulating supply, while MicroStrategy disclosed a $1 billion Bitcoin purchase around the same time.[1] These moves highlight ongoing corporate…
HSBC Tokenized Deposit Pilot Expands to Canton Network HSBC has successfully completed a pilot of its Tokenized Deposit Service (TDS) on the Canton Network, a regulated public blockchain, marking the first time the bank deployed tokenized deposits on a public ledger outside its…
Circle CEO Cites Moral Quandary in $280M Drift Exploit Circle CEO Jeremy Allaire defended the decision not to freeze USDC following the $280 million Drift Protocol exploit, citing a moral quandary and strict adherence to legal orders.[1][2] This stance has sparked debate on…
SEC Dismisses 7 Crypto Cases Amid Enforcement Shift The U.S. Securities and Exchange Commission (SEC) dismissed seven crypto-asset enforcement actions in its FY2025 report, citing misinterpretation of securities laws and misallocation of resources.[1][2] This move, detailed in the April 7, 2026 report, covers…
Coinbase Custody Holds 80% of Bitcoin ETF Assets: $74B Concentration Risk Coinbase has emerged as the dominant custodian for U.S. spot Bitcoin ETFs, holding custody over approximately 80% of the market’s total assets-roughly $74 billion to $77 billion depending on methodology[1][2]. This extraordinary…
Starknet Revenue Drop Triggers Staff Cuts and Split StarkWare announced staff cuts and a split into two independent business units amid a more than 99% plunge in Starknet network revenue, from nearly $6 million monthly in late 2023 to around $48,000 in early…
Retail Exchanges See Concentration as Custody Grows Decentralized exchanges (DEXs) show rising trading concentration, while institutional custody for crypto-assets and digital assets expands among major banks and custodians.[1][5] Overview DEX trading volume concentrated in 20% of liquidity pools across examined platforms, accounting for…
Goldman Sachs Equities Trading and Bitcoin $73K Test Bitcoin briefly tested $73,000 amid a recovery from recent lows, while Goldman Sachs reported record equities trading revenues in Q1 2026. No direct data links the two events, but both reflect broader market risk appetite…
