Crypto News
21Shares Polkadot ETF Plan Progresses With Nasdaq Filing for Listing Approval
Nasdaq officially asked the U.S. Securities and Exchange Commission (SEC) to allow Swiss asset manager 21Shares list and trade shares of a polkadot (DOT) exchange-traded fund (ETF).The exchange submitted a 19b-4 filing to the SEC, asking for permission to list the ETF if it is approved by the regulator.The proposed fund would track the spot price of DOT, the native cryptocurrency of the Polkadot network. The filing follows an amended S-1 form submitted by 21Shares earlier this year, marking another step in the firm’s push to bring more crypto investment products to the market.21Shares is also seeking regulatory approval for funds linked to XRP and solana's SOL. The company recently announced it’s set to liquidate two actively managed crypto ETFs...
Bitcoin Bull Run Hitting Pause? Cryptoquant CEO Warns of 6–12 Months of Bearish Action
With bitcoin lingering below the $83,000 mark and the crypto market hovering at a $2.7 trillion valuation—a slight 1.13% dip from recent highs—traders and enthusiasts are buzzing: Is the BTC bull run hitting pause? Onchain Indicators Flash Bearish as New Capital Dries Up in Crypto Markets Cryptoquant CEO Ki Young Ju stirred the conversation onSource link
Microsoft Raises Alarm of Malware Targeting Coinbase, MetaMask Wallets
Tech giant Microsoft shared a new report warning of malware that targets 20 of the most popular cryptocurrency wallets used with the Google Chrome extension.Microsoft’s Incident Response researchers raised alarms of a new remote access trojan (RAT), dubbed StilachiRAT, which could deploy “sophisticated techniques to evade detection, persist in the target environment, and exfiltrate sensitive data,” the team shared in a blog post.According to the team, the malware was discovered in November 2024, and it could steal users' wallet information, and any credentials, including usernames and passwords, stored in their Google Chrome browser. StilachiRAT targets 20 crypto wallets including some of the most widely-used ones like MetaMask, Coinbase Wallet, Phantom, OKX Wallet, and BNB Chain Wallet.While the malware has not...
Michael Saylor’s Strategy Funding More Bitcoin Purchases With New Preferred Stock
Strategy (MSTR) Tuesday morning unveiled its latest twist at raising funds from capital markets to fund additional bitcoin (BTC) purchases, but there are indications the Wall Street spigot is slowing.The company's Perpetual Strife Preferred Stock (STRF) offers a fixed 10% annual cash dividend, paid quarterly, according to an SEC filing If dividends are unpaid, they compound at an additional 1% per year (quarterly), up to a maximum of 18%. The first dividend payment is scheduled for June 30, 2025.Strategy's initial preferred series (STRK) initially offered only an 8% interest rate. And Strategy's series of convertible debt offerings came with negligible or even 0% interest rates (different product than preferred, of course).Unlike common stock, STRF holders do not have voting rights...
Strategy Unveils $500M Stock Raise to Buy More Bitcoin
The company, which will pay a higher rate on shares, grew its Bitcoin stash by 0.026% on Monday.Source link