Tether, the stablecoin issuer, is reportedly ceasing its Bitcoin mining operations in Uruguay and laying off most of its local team due to uncompetitive energy costs.
SpaceX transferred 1,163 Bitcoin, valued at about $105 million, to a Coinbase Prime-linked wallet, marking another significant on-chain movement from the aerospace company’s treasury.
South Korean tech giant Naver and Upbit operator Dunamu plan to invest 10 trillion Korean won ($6.8 billion) over five years to build a next-generation financial infrastructure leveraging AI and blockchain technology.
Ethereum co-founder Vitalik Buterin has contributed approximately $760,000 in Ether to two decentralized messaging applications, Session and SimpleX Chat.
The Australian government introduced comprehensive legislation to Parliament requiring crypto exchanges and custody providers to obtain an Australian Financial Services Licence (AFSL).
Upbit reported a security breach on the Solana network, resulting in the unauthorized withdrawal of approximately $38 million in various Solana-based assets.
EU regulators granted Securitize approval to operate a digital securities platform, making it the only firm licensed in both the U.S. and EU. The company will launch its first tokenized issuances on Avalanche in early 2026.
Bolivia’s government announced plans to integrate cryptocurrencies and stablecoins into the formal financial system, allowing banks to offer crypto-based services.
Cathie Wood’s ARK Invest has intensified its purchasing of crypto-linked equities, spending over $93 million in a single day to acquire shares in companies including Block, Circle Internet Group, Coinbase, and Bullish.
PayPal has initiated a major Bitcoin sweepstakes offering over $1 million in prizes to US customers, aiming to incentivize platform engagement and drive crypto transaction volume.
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).
Naver Financial has announced a definitive plan to acquire Dunamu, the operator of the Upbit crypto exchange, in an all-stock transaction valued at approximately 15.1 trillion won ($10.3 billion).
The plan proposed by Sumar also seeks to classify all cryptocurrencies as seizable assets and require the introduction of a visual “risk traffic light” warning system for investors.
Solana (SOL) is showing resilience near the $140 mark, driven by exceptional institutional demand for its ETFs, even as the broader crypto market faces downward pressure.
A primary focus for Coinbase Ventures is the expansion of RWA perpetuals beyond conventional crypto assets.