Newsletter Archive

Summary gm, Huobi founder Li Lin raised $1 billion to establish an ether treasury firm, securing commitments from major players including $500 million from HongShan Capital Group. Meanwhile, Stripe's blockchain project Tempo achieved a substantial milestone, raising $500 million at a $5 billion valuation to build a payments-focused

Summary gm, BlackRock expanded its stablecoin presence by modifying its Select Treasury Based Liquidity Fund to serve as a reserve asset for stablecoin issuers under the GENIUS Act. Multiple institutional players made major moves: Ripple acquired treasury management firm GTreasury for $1 billion, Huobi founder Li Lin raised $1 billion

Summary gm, Coinbase announced plans to list Binance's BNB token on its roadmap, marking a notable shift in relations between two major competitors in the exchange space. Ripple made a strategic $1 billion acquisition of treasury management firm GTreasury, expanding its capabilities in corporate finance and positioning itself

Summary gm, U.S. authorities made one of the largest crypto seizures in history, confiscating $14 billion in Bitcoin tied to a Cambodian "pig butchering" scam operation. Meanwhile, stablecoin infrastructure gained momentum with Stripe's Bridge applying for a national bank trust charter, alongside Erebor Bank receiving

Summary gm, BlackRock CEO Larry Fink notably shifted his stance on Bitcoin, stating cryptocurrencies "serve the same purpose as gold," marking a significant evolution from his previous "index of money laundering" characterization. Meanwhile, Citi announced plans to launch crypto custody services by 2026, and JPMorgan confirmed

Summary gm, Binance has announced compensation of $283 million for users affected by technical issues that exacerbated the crash, particularly related to wrapped assets like wBETH and BNSOL, while Ethena founder Guy Young clarified that USDe's apparent depeg was due to a Binance oracle issue rather than fundamental