Everything web3, crypto, defi, degen
Blockchain lender Figure Technologies may be joining the sizable list of firms in the industry making an initial public offering (IPO) in 2025.Figure filed the initial paperwork for an IPO earlier this week, reporting a 22% revenue surge to $191 million in the six months ending June 30, 2025 with a net income of $29.1…
In brief Illinois Governor J.B. Pritzker signed the Digital Assets and Consumer Protection Act (SB1797), giving regulators authority over crypto exchanges and mandating fraud safeguards. Pritzker also signed the Digital Asset Kiosk Act (SB2319), requiring ATM operators to register, cap fees at 18%, limit transactions, and refund scam victims. Illinois now has about 1,482 crypto…
In brief BTCS is paying investors a “loyalty payment” to make shares illiquid. The company’s shares are trading below the value of its crypto holdings. BTCS CEO Charles Allen said short sellers are targeting the firm. Ethereum treasury firm BTCS has offered investors a one-time payment for making their shares illiquid on Monday, saying that…
In brief Hackers are using fake Captchas to distribute Lumma Stealer malware, new research has found. Once installed by an unsuspecting user, the malware searches infected devices for credentials, including crypto wallet data. Lumma Stealer is an example of Malware-as-a-Service, which is effectively run as a “sustainable cybercriminal business,” experts told Decrypt. Bad actors are…
In brief Google has increased its pro forma stake in the Bitcoin miner to 14%. The firm last week signed a deal to expand its AI data center capacity. Its stock is booming as a result. Terawulf stock (NASDAQ: WULF) surged more than 12% Monday after the Bitcoin miner said it was expanding and that…
In brief Hackers are using fake Captchas to distribute Lumma Stealer malware, new research has found. Once installed by an unsuspecting user, the malware searches infected devices for credentials, including crypto wallet data. Lumma Stealer is an example of Malware-as-a-Service, which is effectively run as a “sustainable cybercriminal business,” experts told Decrypt. Bad actors are…
In brief Despite a crypto market crash that saw Bitcoin drop, large-scale investors are continuing to accumulate Cardano and XRP. On-chain data confirms this bullish whale activity, with transactions and cohort holdings for both cryptocurrencies hitting multi-month highs in August. The market recovery is tied to a potential end to the Russia-Ukraine conflict and a…
In brief Metaplanet has bought a further 775 BTC for $93 million to bolster its corporate treasury. The Japanese firm’s Bitcoin stash is now worth roughly $2.17 billion, despite Bitcoin’s downturn over the weekend. Analysts told Decrypt that steady buying can tighten liquidity and raise near term volatility. Metaplanet Inc. bought an additional 775 Bitcoin…
In brief Japan’s FSA is expected to approve JPYC’s yen-backed stablecoin, making it the first regulated one in the country. Circle’s USDC entered the Japanese market earlier this year in partnership with local firm SBI. JPYC’s CEO has distanced the stablecoin from cryptocurrency, calling it a fiat-linked digital payment method. Japanese fintech firm JPYC is…
In brief Publicly traded companies are now racing to accumulate Ethereum. Firms with strategic ETH reserves now account for more than 3% of the entire ETH supply. The top holders include BitMine Immersion Technologies, SharpLink Gaming, and Coinbase. The trend of publicly traded companies adopting crypto treasury strategies may have started with Bitcoin, but it…
