24/7 Blockchain industry dynamics and breaking crypto news
US IPO and follow-on equity issuance hit a record $251 billion in H1 2024, driven by massive deals from SpaceX and Alphabet. The surge surpasses 2021 levels, with upcoming tech IPOs and AI infrastructure funding pointing to sustained activity.
Read MoreBlackRock's Aladdin has partnered with Ethena to enhance institutional access to on-chain assets. A $100 million liquidity facility will improve the convertibility of BlackRock's tokenized dollar instrument, BUIDL, with major stablecoins like USDC.
Read MoreAI company 8090 has successfully closed a $135 million Series A funding round. The investment was led by Salesforce Ventures, highlighting strong market confidence in 8090's technological innovation and growth trajectory within the artificial intelligence sector.
Read MoreCrypto asset manager BitMine now holds over 5.7 million ETH, adding more than 27,000 in the past week. Its total crypto and cash holdings reached $9.8 billion, demonstrating significant conviction in the Ethereum ecosystem.
Read MoreCircle's USDC becomes the first stablecoin integrated into BNY Mellon's digital asset custody platform. This partnership enables BNY Mellon's institutional clients to hold, mint, and redeem USDC directly through their custody wallets, marking a significant step for institutional adoption of stablecoins within traditional financial infrastructure.
Read MoreStrategy's BTC monetization plan has no fixed expiration and can be altered or halted at any time, per an SEC filing. Execution depends on market conditions, liquidity needs, and long-term shareholder value. The CFO stated it provides flexibility to leverage Bitcoin reserves for strategic financial purposes.
Read MoreStrategy has filed with the SEC to increase the annual dividend rate on its Series A perpetual preferred stock to 12%, effective July 2026. This move aims to support its share price target near $100 by boosting dividend appeal and market confidence. Future rates will be assessed monthly based on trading levels, market conditions, and BTC volatility.
Read MoreMichael Saylor announced that Strategy's board approved a Bitcoin monetization plan. It authorizes BTC sales for three purposes: replenishing dollar reserves, paying dividends/interest, and funding stock buybacks, aiming to optimize capital structure and financial flexibility.
Read MoreStrategy's stock surged over 7% in pre-market trading following the announcement of a new $1 billion share repurchase program for its Class A common stock. The move signals strong confidence from management in the company's future value and financial health.
Read MoreStrategy announced a new capital framework involving a plan to raise up to $1.25 billion through Bitcoin-related measures and a $1 billion digital securities buyback. The move aims to optimize capital structure and enhance liquidity management, with current dollar reserves around $2.55 billion.
Read MoreOn June 29th, U.S. President Donald Trump stated that Iran has requested a meeting. The talks are scheduled to take place tomorrow in Doha, Qatar. This development signals a potential diplomatic shift in the tense regional situation.
Read MoreIran's military announced on June 29 that all vessels transiting the Strait of Hormuz must use the channel south of Larak Island. This directive reinforces previous coordination requirements for passage through the strategic waterway, a crucial global oil shipping route.
Read MoreSingapore's International Commercial Court ruled in a fraud case linked to the 2022 TerraUSD collapse. Terraform Labs and founder Do Kwon must pay over $3 million in damages to 40 plaintiffs, calculated based on UST holdings and duration, concluding the case's second phase.
Read MoreThe European Union and Anthropic are engaged in ongoing discussions regarding access to and governance of the advanced AI model, Mythos. The talks focus on technology access, safety protocols, and regulatory alignment, highlighting growing global scrutiny over cutting-edge AI systems and their potential impact on EU policy.
Read MoreAsset management giant BlackRock recently transferred a significant amount of Bitcoin and Ethereum to Coinbase, valued at over $450 million. This large-scale move has sparked market speculation about its strategic implications.
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