SOL Strategies Surges on Up to $500M Credit Facility for Solana Investment
Shares of Sol Strategies (HODL), a Toronto-listed digital-asset firm, jumped after the company said it secured an up-to $500 million convertible note facility to ramp up its investments focused on the Solana network. The capital will be exclusively used for purchasing SOL tokens and expand the firm’s blockchain validator operation, the company said in a […]
Bitcoin Rollup Citrea Deploys Bridge to Tackle Collateral Bottleneck of Using BTC in DeFi
A project aiming to expand Bitcoin’s utility is tackling the collateral requirements of bridging the blockchain to programmable layer 2s. Rollup project Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge uses the BitVM2 programming language to expand the provision for decentralized finance (DeFi) on Bitcoin, by using it to verify layer 2s […]
Lucky Trader Turns $170 Into $225K By Holding Solana Meme Coin
In brief Troll was made on Pump.fun in May 2024 and got little traction, previously peaking at a market cap of just $10,500. During this time, a lucky trader bought $170 worth of the Solana meme coin and held onto it. Since April 20, Troll has skyrocketed in price, turning the trader’s investment into $225,000. […]
Trump Meme Coin Goes Parabolic as President Touts Dinner for Top Holders
President Trump’s official Solana meme coin, TRUMP, skyrocketed in value Wednesday after the project offered an exclusive dinner as a reward for top token holders. TRUMP is up nearly 66% on the day, according to data from CoinGecko, rising from $9.30 to the current mark of $14.72 in less than an hour. It’s the highest […]
Hedge Funds Going On-Chain: The “Indexification” of Active Strategies
In an earlier piece, I introduced the concept of the “Shopification of Wealth”, or the idea that on-chain rails can lower the barriers to entry and radically scale operations for financial advisors and wealth managers. Just as Shopify enabled anyone to launch a retail business online, crypto is enabling a new generation of investment professionals […]
Dave Portnoy: Memecoins are ‘Legalized Ponzi Schemes’
They call him “El Presidente.” But unlike the other President, Dave Portnoy draws a line at launching a memecoin. He worries his followers will lose their shirts. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today.See all newslettersBy signing up, you will receive emails about CoinDesk products and you agree […]
Bitcoin Breaches ‘Ichimoku Cloud’ to Flash Bullish Signal While Altcoins Lag: Technical Analysis
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) has finally surpassed a key resistance that limited recovery rallies earlier this year, after rising over 5% to $93,500 in 24 hours. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today.See all newslettersBy […]
Increase in New Bitcoin Supply: Long-Term BTC Investors Start Accumulating Again
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is riding the bullish wave as the flagship digital asset surges and reclaims the $91,000 mark, a key level that previously acted as strong resistance against upside prior attempts. With BTC experiencing notable upward movements, investors and traders are demonstrating renewed […]
Malware Campaign Targets Crypto Wallets With Fake PDF Conversion Software
In brief A new malware campaign uses fake PDF to DOCX converters as a vector. Victims are tricked into executing a PowerShell command, installing SectopRAT variant Arechclient2. The malware can lift seed phrases and tap into Web3 APIs to drain assets. A malware campaign is using fake PDF to DOCX converters as a vector for […]
Ubisoft Brings ‘Might & Magic’ to Ethereum via Immutable Card Game
Ubisoft, the gaming giant behind popular franchises like Assassin’s Creed, Just Dance, and Far Cry, has announced a collaboration with blockchain gaming company Immutable to develop Might & Magic: Fates, a strategy card game based on the long-running Might & Magic series. The free-to-play game will be available via iOS and Android, offering players the […]
