Strategy—formerly known as MicroStrategy—is returning to the capital markets with a bold new equity issuance aimed at deepening its Bitcoin treasury. On Monday, the firm announced a $250 million public offering of its newest preferred equity instrument, the “10% Series A Perpetual Stride Preferred Stock” (STRD)—marking yet another move to align Wall Street tools with
Tommy Argo
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has issued a sharp directive requiring all crypto firms based in the country—but serving exclusively overseas clients—to obtain a license by June 30 or shut down operations entirely. The rule applies even to companies that do not engage with local users but are incorporated in Singapore
Singapore Cracks Down on Unlicensed Crypto Firms Serving Overseas Clients
Binance founder Changpeng “CZ” Zhao has floated a provocative new concept for the decentralized finance (DeFi) sector: a privacy-first decentralized exchange (DEX) designed to conceal traders’ positions, orders, and deposits in real time—aimed at mitigating front-running and forced liquidation attacks. In a post on X, CZ warned that the transparent design of most DEX platforms
CZ Suggests ‘Dark Pool’ DEX to Shield Traders From Market Exploits
The U.S. Securities and Exchange Commission (SEC) has raised new concerns over two proposed crypto exchange-traded funds (ETFs) linked to Ethereum and Solana, questioning whether they meet the legal definition of an investment company under U.S. law. In a letter addressed to ETF Opportunities Trust—a Delaware-registered entity behind various ETF products—the SEC flagged unresolved compliance
SEC Raises Red Flag on Ethereum and Solana ETFs
Michael Saylor, co-founder and executive chairman of Strategy (formerly MicroStrategy), has hinted at yet another Bitcoin acquisition—marking the eighth consecutive week of accumulation by the company. In a now-familiar move, Saylor took to X with a cryptic post featuring a Bitcoin price chart and the phrase, “Orange is my preferred color”—his signature nod toward incoming
Saylor Teases Another Bitcoin Buy as Strategy Extends Accumulation Streak
Paris Saint-Germain has taken a bold step into digital finance, officially confirming that it now holds Bitcoin in its treasury—becoming the first major sports club globally to do so. The announcement preceded the club’s UEFA Champions League final victory and signals a long-term strategic bet on crypto. Speaking at the Bitcoin 2025 conference in Las
PSG Becomes First Major Football Club to Hold Bitcoin
BitMEX has successfully intercepted a cyberattack allegedly orchestrated by the notorious Lazarus Group—a North Korean-linked hacking collective. Not only did the exchange neutralize the threat, but it also reverse-engineered the malware payload, uncovering rare operational missteps that shed light on the group’s tactics. The incident, disclosed Friday, began with a deceptive message on LinkedIn—part of
BitMEX Foils Lazarus Group Phishing Attempt, Exposes Operational Flaws
The long wait for former FTX customers is finally yielding results, as the collapsed crypto exchange has begun distributing a fresh $5 billion in repayments. This marks the second major round of distributions under the court-supervised bankruptcy process. Announced Friday, the company confirmed that eligible users should expect to receive their funds within one to
BitGo and Kraken Begin $5B Repayment for FTX Users
OpenSea has officially launched OS2, a major upgrade that transforms the platform into a full-service onchain trading hub. The release marks a strategic shift from a purely NFT-focused marketplace to a comprehensive crosschain ecosystem supporting both fungible and non-fungible tokens. With support across 14 blockchains, OS2 enables users to mint NFTs, swap tokens, and discover
OpenSea Launches OS2 with Crosschain Token Support
Thailand’s Securities and Exchange Commission (SEC) has announced it will block access to five major cryptocurrency exchanges—Bybit, OKX, 1000X, CoinEx, and XT.COM—effective June 28. The decision, disclosed on May 29, stems from concerns over investor safety and potential money-laundering activities facilitated by these platforms. According to the SEC, the exchanges are operating without licenses required
Thailand to Block OKX, Bybit, and Three Other Exchanges
The U.S. Treasury has intensified its crackdown on crypto-fueled fraud, imposing sanctions on Funnull Technology Inc., a tech company based in the Philippines, and its administrator Liu Lizhi. According to the Treasury’s Office of Foreign Assets Control (OFAC), Funnull played a central role in enabling more than $200 million in fraudulent crypto activity, targeting thousands
U.S. Targets Filipino Tech Firm for Powering $200M Crypto Scam Network
The U.S. Securities and Exchange Commission (SEC) has formally ended its nearly two-year legal battle with crypto exchange Binance and its co-founder Changpeng Zhao (CZ). In a joint motion filed on May 29, the SEC, Binance, and CZ requested the case be dismissed with prejudice—meaning it cannot be refiled in the future. Initially filed in