News Explorer — Etoro Invests $12.5 Million in Crypto Perps Exchange Extended

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Jul 2, 5:00 pm

Coindesk

Etoro Invests $12.5 Million in Crypto Perps Exchange Extended

Etoro is intensifying its focus on DeFi by leading a $12.5 million funding round for Extended, a perpetual futures exchange. This investment complements Etoro's acquisition of Zengo and aligns with its strategy to meet growing demand for DeFi products.

Etoro is intensifying its focus on DeFi by leading a $12.5 million funding round for Extended, a perpetual futures exchange. This investment complements Etoro's acquisition of Zengo and aligns with its strategy to meet growing demand for DeFi products.

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Jul 2, 6:43 pm

Decrypt

Securitize's SECZ Rises in NYSE Debut as Tokenized Shares Launch on Solana, Avalanche

Securitize, a BlackRock-backed tokenization firm, saw an 8% increase in shares during its trading debut on the NYSE, rea... Read Summary

Jul 2, 6:28 pm

Decrypt

Japan's SBI Crypto to End Bitcoin Mining Pool Services

SBI Crypto, a subsidiary of SBI Holdings, will cease its Bitcoin mining pool services on July 31 without providing a rea... Read Summary

Jul 2, 5:29 pm

Decrypt

Bitcoin and Ethereum Rise From Recent Lows as Solana Leads Gains Among Major Coins

Bitcoin, Ethereum, XRP, and other major cryptocurrencies are experiencing gains, with Bitcoin surpassing $62,000 after h... Read Summary

Jul 2, 5:00 pm

Coindesk

Etoro Invests $12.5 Million in Crypto Perps Exchange Extended

Etoro is intensifying its focus on DeFi by leading a $12.5 million funding round for Extended, a perpetual futures excha... Read Summary

Jul 2, 4:51 pm

Coindesk

Bitwise Exec Sees Strategy Stock Decline as Part of the Bitcoin Cycle—With a Bottom Potentially Near

Bitwise views the decline in Strategy's perpetual preferred stock as a sign of a maturing crypto cycle, not a crisis. St... Read Summary

Jul 2, 2:50 pm

Decrypt

FBI Director Patel's Undisclosed Investment in Strategy Is Down as Much as $110K

FBI Director Kash Patel's undisclosed investment in the Bitcoin treasury firm Strategy last November has resulted in a s... Read Summary

Jul 2, 1:58 pm

Decrypt

Standard Chartered Offer Direct USDC Minting and Redemption Service for Institutional Clients

Standard Chartered has launched a service for institutional clients to mint and redeem USDC directly through the bank, w... Read Summary

Jul 2, 1:11 pm

Coindesk

JPMorgan Warns Strategy's Bitcoin Dividend Strategy Could Heighten Market Volatility and Uncertainty

JPMorgan criticized Strategy's decision to use potential Bitcoin sales to fuel preferred stock dividends, warning of inc... Read Summary

Jul 2, 1:11 pm

Decrypt

Japanese Bitcoin Giant Metaplanet Boosts Stash to $2.65 Billion

Metaplanet added 2,823 Bitcoin in Q2, bringing its total to 43,000 BTC. Despite a $1.5 billion unrealized loss, the firm aims for 100,000 BTC by 2026 and 210,000 by 2027. Read Summary

Jul 2, 10:00 am

Decrypt

Alleged Scattered Spider Hacker Extradited to US for $8 Million Crypto Ransom Demand

Peter Stokes, an alleged member of the hacking group Scattered Spider, has been extradited from Finland to the U.S. to f... Read Summary

Jul 2, 7:15 am

Coindesk

Solana Rolls Out On-Chain Governance With $7.7 Million Staked Minimum for Validators

Solana has implemented a new onchain governance system called Solana Governance Proposals (SGPs), allowing validators wi... Read Summary

Jul 2, 8:35 am

Coindesk

Taiko's Cross-Chain Bridge Back in Action After $1.7 Million Hack

Taiko's cross-chain bridge is operational again after a hack that led to a $1.7 million loss due to a compromised SGX si... Read Summary

Jul 1, 6:53 pm

Decrypt

Trump-Backed American Bitcoin to Conduct Reverse Stock Split to Meet Nasdaq Requirements

American Bitcoin Corp., co-founded by Eric Trump and majority-owned by Hut 8 Corp., will undergo a 1-for-15 reverse stoc... Read Summary

Jul 1, 6:40 pm

Decrypt

Ethereum Institutional Launches With Backing From Joe Lubin, Tom Lee's BitMine, and SharpLink

A new nonprofit, Ethereum Institutional, backed by Joe Lubin and treasury firms, aims to assist Wall Street in navigatin... Read Summary

Jul 1, 5:42 pm

Decrypt

Circle Shares Fell 18% After Open USD Reveal—Analysts Think Market Reaction Was Excessive

Circle's CRCL shares dropped 18% due to the announcement of a new stablecoin, Open USD, by competitors like Coinbase, Vi... Read Summary