Key Takeaways Wells Fargo increased its stake in BlackRock’s iShares Bitcoin Trust from $26 million to over $160 million in Q2 2025. The bank also expanded its investments in other Bitcoin ETFs, including Invesco Galaxy Bitcoin ETF (BTCO) and Grayscale’s funds. Share this article Wells Fargo increased its holdings in BlackRock’s Bitcoin ETF, the iShares … Read more
Key Takeaways Hong Kong’s SFC há introduced new standards to enhance the custody of virtual assets for licensed trading platforms. The guidance mandates stronger wallet infrastructure, access controls, and management oversight to address global security risks. Share this article Hong Kong’s Securities and Futures Commission (SFC) has issued a circular to all licensed virtual asset … Read more
Key Takeaways Sequans plans to acquire 100,000 Bitcoin by 2030 as part of its long-term treasury strategy. The company is leveraging equity, debt, and intellectual property monetization to fund ongoing Bitcoin purchases. Share this article Sequans Communications, a Paris-based semiconductor company backed by the French government, announced Thursday its plans to acquire 100,000 Bitcoin by … Read more
The U.S. Treasury’s Office of Foreign Assets Control has added several Kyrgyzstan-based companies to its sanctions list over their involvement with a ruble-backed stablecoin called A7A5. Authorities accuse the firms, including A7 LLC, Old Vector, and subsidiaries like A7 Agent, of helping Russia sidestep economic restrictions tied to its war in Ukraine. These companies were … Read more
BtcTurk, one of Turkey’s largest cryptocurrency exchanges, has suffered a $48 million hack that targeted its hot wallets. The company initially paused crypto deposits and withdrawals, though fiat trading and lira transactions remained online. What started as a vague “technical issue” was quickly revealed to be something far more serious. Outside analysts flagged it as … Read more
Key Takeaways Trump’s Treasury Secretary stirred concerns today with a comment that the US will not be purchasing Bitcoin. Treasury aims to increase the reserve through budget-neutral methods to support US leadership in cryptocurrency. Share this article US Treasury Secretary Scott Bessent clarified that the administration is still eyeing budget-neutral ways to grow the national … Read more
Key Takeaways SEC extends review of Bitwise and 21Shares Solana ETF filings to October 16, 2025. SOL pulled back from near $210 to $190 after US inflation data rattled risk assets. Share this article The US Securities and Exchange Commission has extended its review period for two proposed Solana ETFs from Bitwise and 21Shares, setting … Read more
Key Takeaways Citigroup is considering providing crypto custody services for stablecoins and crypto ETFs, signaling growing institutional interest. The bank aims to leverage stablecoins for faster and more efficient cross-border payments and settlements. Share this article Citigroup is exploring crypto custody services for stablecoins and the assets backing crypto exchange-traded funds (ETFs), according to a … Read more
Key Takeaways Block positions its Proto Rig as a durable, repairable, and upgradeable alternative to today’s “disposable” mining machines. Proto Fleet will be free to use and available for deployment either on-premises or in the cloud. Share this article Jack Dorsey-led Block has unveiled Proto Rig, a first-of-its-kind modular Bitcoin mining system aimed at tackling … Read more
Key Takeaways Google backs $1.8 billion TeraWulf AI project, gaining warrants for potential 8% stake. The deal includes $3.7 billion in contracted revenue and involves over 200 MW of AI-driven infrastructure development. Share this article American Bitcoin miner TeraWulf announced Thursday that it has entered into two 10-year high-performance computing (HPC) colocation agreements with AI … Read more