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BitMine Makes Largest Ether Purchase of 2026
BitMine added more than 40,000 Ether to its treasury last week, which marks its largest ETH acquisition of the year following a shareholder vote.
BitMine Immersion Technologies, the largest corporate holder of ether, acquired 40,302 ETH last week in its biggest purchase of 2026. The transaction, valued at roughly $117 million at current prices, increased the firm’s total holdings to more than 4.24 million ETH, representing about 3.5% of the circulating supply.
The purchase followed shareholder approval to expand BitMine’s authorized share count, allowing the company to raise additional capital through equity issuance. That decision provided renewed balance sheet flexibility after BitMine signaled earlier this month that accumulation could slow without fresh funding capacity.
BitMine has staked more than 2 million ETH, converting nearly half of its holdings into yield-generating assets. The scale of its staking activity has contributed to longer validator entry times on the Ethereum network, highlighting the growing influence of large treasury holders on network dynamics.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Zerohash Seeks $250M Raise after Mastercard Talks End
Zerohash is in discussions to raise $250 million at a $1.5 billion valuation after stepping away from acquisition talks with Mastercard.
Blockchain infrastructure firm Zerohash is in talks to raise approximately $250 million at a $1.5 billion valuation, according to a person familiar with the discussions. The fundraising effort follows the company’s recent decision to walk away from acquisition talks with Mastercard, opting instead to remain independent. Discussions remain ongoing and the final terms could change.
Mastercard is still considering a strategic investment in Zerohash, despite no longer pursuing a full takeover. The move reflects broader interest from traditional financial institutions seeking exposure to crypto infrastructure without outright acquisitions. Demand for enterprise-grade platforms has increased as banks and fintechs expand offerings tied to tokenized assets, stablecoins, and onchain settlement.
Zerohash was valued at $1 billion in its October Series D-2 round and counts major financial firms among its investors and clients. The potential raise would position the company to scale its infrastructure amid growing institutional adoption of blockchain-based financial services.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Farcaster to Repay $180 Million, Protocol to Continue
Farcaster plans to return $180 million raised from venture investors while continuing operations under new owner Neynar, focusing on developer-driven growth.
Decentralized social protocol Farcaster will return the full $180 million raised from venture capital investors as it transitions under new ownership, co-founder Dan Romero confirmed. The sale to Neynar, a developer-focused decentralized infrastructure firm backed by Haun Ventures, marks a strategic pivot while ensuring the protocol remains operational.
Romero emphasized that Farcaster is “not shutting down,” noting active user engagement with roughly 250,000 monthly users and over 100,000 funded wallets as of December 2025. Former Coinbase executive and early investor Balaji Srinivasan publicly supported the repayment plan, highlighting the protocol’s functional technology and long-term maturation potential.
Founded in 2020 by Romero and Varun Srinivasan, Merkle Manufactory, Farcaster’s parent company, is backed by leading venture firms, including a16z Crypto and Paradigm. The platform was last valued at $1 billion following a $150 million Series A in 2024, reflecting significant investor confidence in its Web3 infrastructure and community-driven model.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Revolut Shifts Strategy, Eyes US Banking License
Revolut is reportedly planning to apply for a US banking license, dropping earlier plans to acquire a local lender as it accelerates its global expansion.
UK-based fintech Revolut is preparing to apply for a banking license in the United States. The company is said to be engaging with the Office for the Comptroller of the Currency as it abandons earlier plans to acquire a US bank.
The strategic shift follows Revolut’s 2025 consideration of a bank acquisition to accelerate its US expansion. Sources cited by the report said a takeover could have required maintaining physical branch networks, adding operational complexity. Applying directly for a license may offer a faster and more flexible path under the current US regulatory environment.
Revolut was valued at $75 billion following a November share sale and has committed $13 billion to global expansion over five years. While the company has yet to fully roll out banking services in its home UK market, the reported move underscores its ambition to establish a regulated banking presence in the US.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Ledger Weighs US IPO as Hardware Wallet Demand Rises
Ledger is reportedly in talks with major banks about a potential US IPO that could value the crypto hardware wallet maker at more than $4 billion.
French crypto hardware wallet provider Ledger is exploring a potential initial public offering in the United States. The company is said to be in discussions with Goldman Sachs, Barclays, and Jefferies about a possible listing that could value Ledger at more than $4 billion.
The reported talks come amid rising demand for offline crypto storage as hacks and fraud continue to weigh on digital asset markets. More than $3.4 billion was stolen in crypto-related incidents in 2025, reinforcing the appeal of self-custody solutions. Ledger, founded in 2014, produces hardware wallets that store private keys offline to reduce exposure to online attacks.
Ledger posted a record year in 2025, with revenue reaching the hundreds of millions of dollars. While the company declined to confirm IPO plans, the discussions highlight renewed investor interest in crypto infrastructure firms following recent US listings in the custody sector.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Kansas Lawmakers Propose State-Managed Bitcoin Reserve
Kansas lawmakers introduced a bill to create a state-managed Bitcoin and digital assets reserve funded by unclaimed crypto and staking rewards.
Lawmakers in Kansas are considering legislation that would establish a state-managed Bitcoin and digital assets reserve funded through unclaimed property rather than direct cryptocurrency purchases. Senate Bill 352 would create the reserve within the state treasury and place it under the administration of the state treasurer.
Under the proposal, the reserve would be capitalized using abandoned digital assets collected under Kansas’ unclaimed property laws, including staking rewards, airdrops, and interest earned on those assets. The bill explicitly avoids authorizing the state to buy Bitcoin on the open market, aligning with broader federal approaches that rely on forfeited or unclaimed crypto holdings.
The measure also updates Kansas statutes to formally define digital assets and airdrops, clarifying how such property is treated when deemed abandoned. Kansas joins a growing number of US states exploring crypto-related legislation as policymakers weigh potential benefits, risks, and governance frameworks for digital assets within public finance.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Binance Seeks MiCA Approval in Greece Ahead of EU Deadline
Binance has applied for a MiCA license in Greece as EU regulators press crypto firms to meet June compliance deadlines or exit key markets.
Binance has submitted an application for authorization under the European Union’s Markets in Crypto-Assets Regulation in Greece, signaling a push to secure a regulatory footing ahead of looming compliance deadlines. The exchange confirmed it is working with the Hellenic Capital Market Commission as MiCA transitions toward full enforcement across the bloc.
The move follows warnings from France’s Autorité des Marchés Financiers, which recently flagged Binance among firms still operating without a MiCA license. France has notified registered crypto companies that its transition period ends on June 30, after which non-compliant providers must cease local operations. MiCA, which entered into force in late 2024, establishes a unified framework for crypto-asset service providers across the EU.
Greece has yet to issue its first MiCA license, according to EU regulatory data, placing Binance among early applicants in the jurisdiction. The filing highlights intensifying competition among EU member states to attract regulated crypto activity, while exchanges face growing pressure to align operations with the bloc’s standardized rules.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Space Protocol Defends $20M Token Sale after Backlash
Space Protocol pushed back against criticism after its public token sale raised more than $20 million, far above initial expectations.
Space Protocol defended its recent public token sale after demand surged past $20 million, significantly exceeding the $2.5 million target widely discussed ahead of the offering. The Solana-based project said the figure represented a soft cap rather than a hard limit and rejected comparisons to other controversial crypto fundraises.
The team said it ultimately allocated 19.6% of the total token supply to the sale and returned more than $7 million in excess capital. According to Space, the retained funds are intended to support liquidity provision, exchange listings, security audits, and long-term development of its leveraged prediction market platform.
Criticism has continued across social media, with some commentators questioning disclosure practices, marketing tactics, and the backgrounds of the founding team. The episode highlights ongoing sensitivity around token sale mechanics as prediction markets regain traction amid tighter scrutiny of crypto fundraising structures.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Justin Sun Invests $8M in River as Leverage Signals Emerge
Tron founder Justin Sun invested $8 million in DeFi protocol River, as analysts flagged unusually high leverage during a sharp rally in the RIVER token.
Tron founder Justin Sun invested $8 million in DeFi protocol River, the project said Wednesday, positioning the funding as a strategic move to deepen integration across the TRON ecosystem. River focuses on cross-chain stablecoin infrastructure, enabling collateral deposited on one blockchain to mint a unified stablecoin usable across networks.
Following the announcement, River’s RIVER token rose about 24% within a day, significantly outperforming the broader crypto market. The rally pushed the token to new highs and lifted its market capitalization close to $900 million, according to market data.
However, analysts at CoinGlass flagged trading conditions around the move, noting that RIVER futures volume exceeded spot trading by roughly 80 times. Such imbalances, the firm said, suggest price action driven primarily by leverage and liquidation dynamics rather than organic demand, underscoring ongoing volatility risks in smaller-cap DeFi tokens.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Strategy Credit Risk Eases as Preferred Equity Overtakes Debt
Strategy’s growing reliance on perpetual preferred equity has reduced refinancing risk as it overtakes the firm’s outstanding convertible debt.
Credit risk at Strategy has eased as the notional value of its perpetual preferred equity surpassed its outstanding convertible debt, according to company disclosures. Preferred equity now totals about $8.36 billion, exceeding roughly $8.2 billion in convertibles, signaling a structural shift in how the Bitcoin-focused firm finances its balance sheet.
The move away from maturity-based convertible bonds reduces refinancing pressure and dampens equity-linked volatility. Perpetual preferred shares carry fixed dividends but no repayment obligation, offering more stable, long-duration capital compared with debt that matures and fluctuates with stock price movements.
The change comes as Strategy continues to expand its Bitcoin holdings while managing leverage risk. A larger equity base and significant cash reserves further improve dividend coverage and reduce near-term funding concerns, supporting a more durable capital structure amid crypto market volatility.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
F/m Seeks SEC Approval to Tokenize Treasury ETF
Asset manager F/m Investments is seeking SEC approval to record ownership of its $6 billion Treasury ETF on a permissioned blockchain while retaining its regulated structure.
F/m Investments has filed for exemptive relief with the US Securities and Exchange Commission to tokenize shares of its F/m US Treasury 3 Month Bill ETF. The $18 billion asset manager wants to record ownership of the roughly $6 billion fund on a permissioned blockchain while maintaining its status as a standard 1940 Act ETF.
The firm said the tokenized shares would carry the same identifiers, rights, and economic terms as existing ETF shares, positioning blockchain records as an alternative ownership ledger rather than a new asset class. Oversight, custody, and reporting requirements would remain unchanged under existing securities regulations.
The filing reflects a broader institutional push toward tokenization of traditional financial products, following similar initiatives by firms such as Franklin Templeton. If approved, the structure could allow both traditional brokerages and token-aware platforms to access the same ETF shares through a single regulated framework.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Nomura’s Laser Digital Launches Yield-Bearing Bitcoin Fund
Nomura’s digital asset arm Laser Digital has launched a yield-focused Bitcoin fund aimed at institutional investors seeking returns beyond spot price exposure.
Laser Digital, the digital asset subsidiary of Japan’s Nomura Holdings, has introduced the Bitcoin Diversified Yield Fund, targeting institutional and eligible accredited investors. The fund is designed to generate income while maintaining Bitcoin exposure, moving beyond traditional long-only investment structures.
Unlike spot-focused Bitcoin funds, the product deploys diversified, market-neutral strategies intended to produce yield during varying market conditions. Laser Digital said the launch reflects growing institutional demand for tokenized investment vehicles that combine digital asset exposure with income generation.
The fund builds on the firm’s earlier Bitcoin Adoption Fund, which provided directional exposure without yield. Kaio will act as the exclusive tokenization provider, while Komainu will serve as custodian. The launch highlights a broader shift among asset managers toward yield-oriented crypto products tailored for institutional portfolios.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Saga Pauses EVM Chain after Smart Contract Exploit
Layer 1 protocol Saga paused its SagaEVM chain after a smart contract exploit drained nearly $7 million in USDC, which was later bridged out and converted to ether.
Layer 1 blockchain protocol Saga has paused its SagaEVM chain following a smart contract exploit that resulted in the loss of nearly $7 million in USDC. The project said the incident involved unauthorized withdrawals that were quickly bridged out of the network and converted into Ether. Saga halted the chain after detecting suspicious activity and identified the wallet associated with the attacker.
The team said the exploit stemmed from a coordinated sequence of contract deployments, liquidity movements, and cross-chain interactions. Saga emphasized that the incident was isolated to the SagaEVM chain and did not impact its core infrastructure, validator set, or consensus mechanisms. No evidence of compromised keys or validator failures was found.
Saga said it is working with exchanges and bridge operators to blacklist the attacker’s address and limit further risk. A full post-mortem is expected after the investigation concludes, as the broader crypto sector continues to face elevated levels of security breaches.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bitwise Says Q4 Showed Signs of Bear Market Bottom
Bitwise said crypto markets showed characteristics of a potential bear market bottom in the fourth quarter, despite weak price performance.
The fourth quarter of 2025 showed signs consistent with a potential bottom in the crypto bear market, according to a new report from crypto asset manager Bitwise. Chief investment officer Matt Hougan said markets delivered mixed signals, with prices declining even as several underlying fundamentals strengthened.
Hougan compared the period to early 2023, when crypto prices struggled in the aftermath of the FTX collapse despite improving onchain and business metrics. He said similar divergences between sentiment and fundamentals have historically appeared near cyclical lows, though he emphasized that outcomes remain uncertain.
Bitwise highlighted several data points from Q4, including record transaction activity on Ethereum and layer-2 networks, continued revenue growth among crypto-native firms, and stablecoin usage reaching new highs. The report also noted sustained adoption in decentralized finance, with decentralized exchanges processing volumes comparable to centralized platforms. Analysts across the market remain divided on the outlook for 2026, reflecting ongoing macroeconomic and policy uncertainty.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Thailand Prepares Crypto ETF Rules as Institutional Interest Grows
Thailand’s securities regulator is drafting rules for crypto ETFs and futures trading as the country seeks to attract more institutional participation.
Thailand’s Securities and Exchange Commission is preparing new regulations to support crypto exchange-traded funds, crypto futures, and tokenized investment products, according to comments from senior officials this week. The regulator expects to issue formal guidelines for crypto ETFs early this year, aiming to improve investor access while reducing operational risks such as custody and wallet security.
In parallel, the SEC plans to enable crypto futures trading on the Thailand Futures Exchange and formally recognize digital assets as an asset class under the Derivatives Act. Additional measures include establishing market makers to support liquidity and expanding regulatory frameworks for tokenized bonds through a sandbox approach coordinated with the central bank.
The initiative reflects Thailand’s effort to position itself as a regional crypto hub for institutional investors, even as crypto payments remain restricted. The SEC is also tightening oversight of financial influencers and has recently suspended KuCoin Thailand for failing to meet capital requirements, underscoring a broader push toward stricter supervision.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.