$100K BTC, 8th Time’s the Charm
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Last week the crypto market didn’t just ride on bitcoin’s coattails—it ran with it. As bitcoin smashed through the $100,000 mark (again), ethereum, solana, and a host of altcoins followed suit. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second […]

Theta Capital raises $175M to back early-stage blockchain startups
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Amsterdam-based Theta Capital Management has raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms. The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with a track record in backing blockchain innovation, Theta’s managing partner and chief investment officer Ruud […]

Analyst Calls Pi Network ‘Biggest Rug of 2025’ After Token Dump
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Crypto analyst Atlas has labeled Pi Network as 2025’s biggest rug pull after a 12 million-token dump crashed Pi’s price by 50%. The anonymous sell-off occurred days after Pi surged to $1.60 on speculation, sparking allegations of insider manipulation. Speculation Fueled Pi Network’s Recent Rally An onchain analyst and critic known as Atlas on X […]

KindlyMD shareholders OK merger with Trump-linked Bitcoin firm
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Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey. KindlyMD and Nakamoto Holdings, a newly formed company that focuses on creating a network of Bitcoin-related entities, will both file information statements with the Securities and […]

Commerce Secretary Lutnick Divests Cantor Fitzgerald Stake
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Commerce Secretary Howard Lutnick has agreed to transfer his stake in Cantor Fitzgerald to his children and a group of investors, as part of an ethics agreement with the U.S. government. Lutnick Complies With Ethics in Government Act U.S. Commerce Secretary Howard Lutnick has reportedly agreed to transfer his stake in Cantor Fitzgerald to his […]

Blackstone buys $1M worth of Bitcoin ETF in first crypto bet
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Blackstone, which bills itself as the “the world’s largest alternative asset manager,” disclosed its first-ever crypto-related purchase, buying shares in BlackRock’s spot Bitcoin exchange-traded fund. However, Blackstone’s investment, reported in a May 20 filing with the US Securities and Exchange Commission, only totaled around $1.08 million — a fraction of the asset manager’s $1.2 trillion […]

Russia Prepares Bill to Streamline Confiscation of Digital Assets
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Russia is preparing a bill that would specify the requirements and procedures for the confiscation of digital assets, taking into account the specific circumstances surrounding these actions. The Russian Ministry of Justice emphasized that anonymity and the lack of centralized control over these assets have hampered these efforts. Russia to Introduce Bill Specifying Procedures to […]

Solana Chain Extension Sonic SVM Introduces New Token Burn Program
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Sonic SVM, the first SVM chain extension on Solana, has announced the introduction of a new SONIC burn program aimed at enhancing the token’s value accrual mechanism. This strategic redesign replaces the previous burning model with a buy-and-lock system, where 50% of all transaction fees will be used to purchase SONIC tokens from the open […]

Coinbase May Soon Acquire Circle According to Rumors
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Reporting by Fortune says the stablecoin issuer is currently in talks with Coinbase about a potential acquisition even as it gears up for an initial public offering (IPO). Could a Coinbase-Circle Deal Reshape Crypto’s Stablecoin Landscape? It’s no secret that Circle, the giant stablecoin issuer behind USDC, recently filed paperwork with regulators in April as […]