Circle’s IPO Surpasses Expectations, Raising $1.05 Billion at $31 a Share

Circle Internet Group’s IPO is massively oversubscribed, with demand exceeding available shares by 25 times. Priced at $31 a share, the offering raised $1.05 billion, valuing Circle at $8 billion. Circle IPO Oversubscribed The upsized initial public offering (IPO) of stablecoin issuer Circle Internet Group will likely exceed the advertised range, with orders reportedly garnering … Read more

France and Morocco Cooperate to Capture Alleged Crypto Kidnap Kingpin

A 24-year-old Moroccan believed to be the mastermind behind kidnappings targeting mainly French cryptocurrency moguls was arrested in Morocco. Moroccan Faces False Imprisonment Charges The suspected mastermind of kidnappings targeting mainly French crypto moguls was arrested in Morocco at the behest of French authorities. Badiss Mohamed Amide Bajjou, 24, who also faces charges of false … Read more

Tether Leads Strategic Investment in Orionx to Increase Stablecoin Adoption in Latam

With this investment, Tether leads Orionx’s Series A funding round for an undisclosed amount, aiming to expand the company’s foothold in Latam. The region is considered a fertile market for stablecoin-based financial services, as it has the second-largest proportion of unbanked adults. Tether Leads Orionx Series A Funding Round Tether, the leading stablecoin company, has … Read more

K-Pop Goes Bitcoin—Nasdaq-Listed K Wave Media to Add Bitcoin to Its Balance Sheet

K Wave Media Inc. has entered into an agreement to raise up to $500 million by selling ordinary shares, with a significant portion earmarked for building a bitcoin-focused treasury. K Wave Media Enters $500M Deal to Fuel Bitcoin-Centric Treasury and Growth The Nasdaq-listed company (KWM) announced the securities purchase agreement with Bitcoin Strategic Reserve KWM … Read more

Bybit Partners With Circle, Tether, Solana, and Sui to Introduce Ecopedia

Bybit has introduced Ecopedia, a collaborative blockchain ecosystem wiki developed with Circle, Tether, Solana, and Sui, aiming to provide structured and accessible crypto education. Ecopedia: A Collaborative Blockchain Ecosystem Wiki Bybit has launched Ecopedia, a collaborative blockchain ecosystem wiki developed in partnership with Circle, Tether, Solana, and Sui. This free, open-access platform aims to simplify … Read more

Bitwise CIO: Bitcoin Can Boost Returns Without Raising Portfolio Risk

Digital asset manager Bitwise’s chief investment officer, Matt Hougan, suggests reallocating portfolios to include bitcoin alongside reduced equity and bond exposure could enhance returns while mitigating risk. Bitwise CIO Urges Investors to View Bitcoin Through Total Portfolio Lens The Bitwise analysis shared by the firm’s CIO Matt Hougan covers January 2017 to December 2024 and … Read more

Semler Scientific Expands Bitcoin Holdings to 4,449 BTC With $20 Million Purchase

Semler Scientific has acquired an additional 185 BTC for $20 million, increasing its total holdings to 4,449 BTC. This strategic investment has contributed to a 26.7% year-to-date yield on the company’s bitcoin portfolio. Semler Scientific’s Bitcoin Investment Yields 26.7% YTD Return Semler Scientific (Nasdaq: SMLR) has bolstered its bitcoin reserves by purchasing 185 BTC for … Read more

Paper Bitcoin? Community Raises Concerns About Custody Providers Engaging in Bitcoin Fractional Reserve Practices

The current state of the bitcoin market, which has failed to maintain its upward trend despite recent announcements from many companies adopting it as a reserve asset, has prompted concerns about the existence of paper bitcoin in the hands of custodians. Paper Bitcoin Woes Arise Due to Lack of Price Action The concept of paper … Read more

Ethereum Foundation Reorganizes Under ‘Protocol’ Banner to Tackle Scaling and UX Goals

The Ethereum Foundation (EF) is changing gears on how it handles core research and development. On June 2, 2025, the EF introduced a restructured unit simply named “Protocol,” marking a shift in how it approaches Ethereum’s long-standing scaling bottlenecks and usability issues. This piece is a guest post by blocmates, a media and research hub … Read more