Crypto News
Sui Token Starts to Recover After $223 Million Exploit on Its Biggest Decentralized Exchange
An attacker siphoned more than $200 million from Cetus on Thursday.Source link
Bitcoin Ghost Wallets Awaken: $33M in BTC Moves After 12-Year Slumber
On Wednesday, as bitcoin notched a new all-time high of $111,888 per coin, a cluster of 12 long-dormant wallets—each created over 12 years ago—collectively moved 300 BTC, valued at approximately $33.3 million. Long-Dormant Bitcoins Reappear as Price Hits $111K—$7K Stash Now Worth $33M According to btcparser.com stats, a growing number of so-called ‘sleeping’ bitcoin addressesSource link
Major TradFi Institutions to Pursue Tokenization Efforts on Solana
A number of large banks and other traditional financial (TradFi) institutions are set to use the Solana blockchain for their tokenization efforts.R3, a U.K. developer of blockchain technology for financial institutions, is teaming up with the Solana Foundation to bring the former's clients and their tokenized real-world assets to Solana.Through its blockchain platform, Corda, R3 holds over $10 billion in assets and counts the likes of HSBC, Bank of America, Bank of Italy and the Monetary Authority of Singapore among its participants.Tokenization, the term for minting real-world assets such as stocks and bonds as digital tokens that can be traded on decentralized networks, is one of the principal use cases of blockchain technology attracting the attention and investment of the...
Kraken to Offer Tokenized Stock Trading on Solana to Overseas Customers
The company may explore tokenized securities on other blockchains as well.Source link
Strategy Fires up $2.1B New Stock Offering to Accelerate Relentless Bitcoin Buying
Strategy is going all in on bitcoin again, targeting $2.1B via high-yield preferred equity to fuel its massive BTC treasury play. Strategy Launches $2.1B Stock Offering to Turbocharge Bitcoin Accumulation Software intelligence firm Microstrategy (Nasdaq: MSTR, STRK, STRF), which has rebranded as Strategy, announced on May 22 that it has launched an at-the-market (ATM) equitySource link