News & Research

Nasdaq-listed blockchain company BTCS plans to raise $100 million in 2025 to strengthen its Ethereum-first strategy, aiming to remain one of the largest public ETH holders while minimizing dilution through a mix of DeFi and TradFi financing, according to GlobeNewswire press release.

Truth Social, the social media company founded by U.S. President Donald Trump, has filed with the U.S. Securities and Exchange Commission (SEC) for a cryptocurrency blue-chip ETF, which will include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Cronos (CRO), according to Bloomberg ETF analyst Eric Balchunas via X.

Layer-2 cross-chain bridge protocol Orbiter Finance (OBT) announced a strategic partnership with Chinese mining semiconductor maker Nano Labs to develop NBNB.io, a compliant stablecoin distribution and exchange service, according to GlobeNewswire press release. The platform will support USD, HKD and offshore RMB stablecoins across multiple networks. Scheduled to launch in Q4 2025, the low-cost, cross-chain solution aims to promote stablecoin adoption in both DeFi and traditional finance.

Ego Death Capital, a Bitcoin-focused venture capital firm, raised a $100 million second fund to invest in Bitcoin-focused software companies, mainly at the Series A stage, according to Axios. Backed by Bitcoin-invested family offices, the fund targets firms solving real-world problems and generating cash flow in BTC, avoiding tokens, mining or hardware. Early investments include Roxom, Relai and Breez.

Tether, the issuer of stablecoin USDT, has invested in blockchain analytics firm Crystal Intelligence to enhance its tools for monitoring risk, detecting fraud and supporting law enforcement, according to CoinDesk. The move builds on their joint work on Scam Alert and comes as crypto-related scams continue to rise, with Tether already assisting agencies in freezing over $2.7 billion linked to crime.

Andrei Grachev, co-founder of crypto market maker DWF Labs, shared on X an update on Falcon Finance, noting its 116% overcollateralization backed mostly by stablecoins and Bitcoin (~89%) and altcoins (~11%). Yield comes from basis trading (44%), arbitrage (34%) and staking (22%). The protocol uses only market-neutral strategies, instant unstaking for staked USDf and a trader-driven peg mechanism. Grachev emphasized Falcon’s growth and resilience despite criticism, positioning it as a leading fixed-income protocol.

CoinGlass’ H1 2025 report shows that as of June 1, Chicago Mercantile Exchange (CME) led all exchanges with 158,300 BTC in Bitcoin futures open interest, ahead of Binance’s 118,700 BTC, according to Wu Blockchain on X. The data highlights growing institutional participation, a decline in Binance’s market share, and a widening gap between Binance, OKX and Bybit.

A wallet dormant for six years transferred 6,000 BTC (worth $649 million) to a new address around four hours ago, according to Lookonchain on X. The wallet originally received the 6,000 BTC on July 25, 2019, valued at $58.77 million.

Crypto asset manager Grayscale Investments announced in a GlobeNewswire press release that it has revised the asset weightings of its funds following its second-quarter 2025 review. In line with the CoinDesk DeFi Select Index methodology, the company rebalanced its Decentralized Finance (DeFi) Fund (DEFG) by proportionally liquidating existing holdings and using the proceeds to purchase Ondo (ONDO), which has been added to the portfolio. In a separate adjustment to the Smart Contract Platform Fund (GSC), Polkadot (DOT) was removed and Hedera (HBAR) was added.

According to data from the Korea Intellectual Property Rights Information Service (KIPRIS), South Korean crypto exchange Bithumb has filed trademark applications for Korean won-based stablecoin names "SOLIDKRW" and "KRWSTABLE."