Crypto News

Symbiotic, a universal staking protocol and EigenLayer rival, has launched Relay, a software development kit (SDK) that allows protocols to stake assets on Ethereum and verify that stake across any blockchain.Staking is a system for securing blockchains in exchange for rewards. In staking systems, so-called validators commit callateral — called "stake" — for a role in processing transactions. "Restaking" protocols like Symbiotic let users reuse stake across multiple blockchains at once, offering investors the opportunity to earn extra yield.Relay is, in essence, a generalized version of Symbiotic's restaking tech — a toolkit that can bring Symbiotic-style restaking to virtually any crypto ecosystem. According to the Symbiotic team, the tech lets developers build verifiable, secure coordination layers for decentralized applications (dApps)...

The Blockchain Group (Euronext Paris: ALTBG) has confirmed the acquisition of 624 bitcoin ( BTC) for approximately €60.2 million, bringing its total holdings to 1,471 BTC valued at around €131.9 million. This acquisition follows the completion of a reserved capital increase and private placement announced on May 20, 2025, which raised about €8.6 million toSource link

President Trump held a crypto gala dinner for the top holders of his meme coin last month, now they’re receiving NFTs.Source link

Global cryptocurrency exchange Kraken has unveiled a prime brokerage service for institutional crypto traders, offering best execution, deep liquidity, financing and 24/7 white-glove support, the company said on Tuesday.Kraken Prime offers access to liquidity representing over 90% of the digital asset market across more than 20 global venues, with round-the-clock support from an experienced account management team, according to a press release.Trades can be executed directly from qualified custody managed by Kraken Financial, a U.S. state-charted bank, Kraken said. The platform also supports asset-backed lending, T+1 credit facilities and a seamless integration with both on and off-platform liquidity through an in-house smart order routing system, the firm said.Crypto prime brokerage, approximate to what traditional prime brokers offer in equities, is...

Classover, a Nasdaq-listed firm, has announced a securities purchase agreement to issue up to $500 million in senior secured convertible notes, aimed at establishing a solana ( SOL)-based treasury reserve. Classover Selects Solana for Treasury Reserve Strategy The Nasdaq-listed online educational platform Classover announced June 2 that it has entered into a securities purchase agreementSource link