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Polygon Co-Founder Sandeep Nailwal Takes Over as CEO

Sandeep Nailwal, co-founder of Polygon, has officially stepped in as CEO, marking a shift from the project’s previous decentralized governance model. The Polygon Foundation, which oversees Polygon Labs and other parts of the ecosystem, will now operate under Nailwal’s leadership.

By Elena R · 17mo ago · 1 min read

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MEXC Launches $100M Protection Fund for Platform Security

Crypto exchange MEXC has introduced a $100 million protection fund to guard against security vulnerabilities, hacks, and system risks. To ensure transparency, the fund’s wallet addresses and real-time balances will be made publicly available on the MEXC website. Users can track transactions directly through blockchain explorers.

By Qadir AK · 17mo ago · 1 min read

Ukraine Eyes Bitcoin for National Reserves in New Proposal

Ukraine has introduced a new bill that could allow its central bank to hold Bitcoin and other cryptocurrencies as part of the country’s official reserves. The proposal marks a major shift in Ukraine’s approach to digital assets, signaling growing acceptance of crypto at the state level.

By Qadir AK · 17mo ago · 1 min read

Crypto Exchange Bullish Files for IPO

Peter Thiel-backed crypto exchange Bullish has confidentially filed for an IPO with the U.S. Securities and Exchange Commission (SEC). The move comes as the company seeks to capitalize on the Trump administration’s favorable stance on digital assets.

By Elena R · 17mo ago · 1 min read

France’s Societe Generale Launches USD-Backed Stablecoin on Ethereum & Solana

Societe Generale-Forge, the crypto division of one of France’s top three banks, has launched a new USD-pegged stablecoin called USD CoinVertible (USDCV). The stablecoin will operate on both Ethereum and Solana blockchains, making it accessible across major decentralized ecosystems.

By Qadir AK · 17mo ago · 1 min read

South Korea Proposes New Crypto Bill with Stablecoin Licensing Rules

South Korean lawmaker Min Byeong-deok has introduced a new bill aimed at strengthening crypto regulations. Called the Digital Asset Basic Act, the proposal includes a licensing system for stablecoin issuers. To qualify, issuers must hold over 500 million Korean won (about $367,890) in owner’s capital.

By Zafar Naik · 17mo ago · 1 min read

Ripple Invests $5M to Boost Blockchain Talent Across Asia-Pacific

Ripple is strengthening its blockchain education efforts in the Asia-Pacific region with a fresh $5 million funding boost through its University Blockchain Research Initiative (UBRI). The investment spans six countries, including new support for institutions in Taiwan and Australia, and renewed partnerships in South Korea, Japan, and Singapore.

By Qadir AK · 17mo ago · 1 min read

KULR Technology to Raise $300 Million to Buy Bitcoin

KULR Technology, a publicly traded company, announced plans to raise $300 million to buy Bitcoin. The funds will be used strategically to increase their Bitcoin holdings, marking a significant move into the cryptocurrency space.

By Zameer Attar · 17mo ago · 1 min read

Michael Saylor’s Strategy Buys 1,045 BTC

Strategy has acquired 1,045 more Bitcoin for around $110.2 million at an average price of $105,426 per BTC. This brings their total holdings to 582,000 BTC as of June 8, 2025. The company has spent roughly $40.79 billion overall, with an average purchase price of $70,086 per Bitcoin.

By Qadir AK · 17mo ago · 1 min read

Tokyo Fashion Brand ANAP to Invest ¥11.5 Billion in Bitcoin

ANAP Holdings, a casual fashion retailer listed in Tokyo, announced a ¥11.5 billion third-party allocation fully subscribed by Capital Typhoon fund. Of this, ¥8 billion will be settled directly in Bitcoin, while the remaining ¥3.5 billion received in yen will also be converted to Bitcoin.

By Qadir AK · 17mo ago · 1 min read

The Blockchain Group Seeks €300M to Expand Bitcoin Treasury

Europe’s The Blockchain Group is planning to raise €300 million through an “ATM-type” capital program in partnership with TOBAM. The funds will support the company’s Bitcoin Treasury strategy, helping it grow and strengthen its Bitcoin holdings. This move aims to accelerate their long-term vision of building a robust Bitcoin asset base.

By Zafar Naik · 17mo ago · 1 min read

Ripple Partners with Web3 Salon to Boost Japan’s Web3 Startups

Ripple has teamed up with Web3 Salon to boost Japan’s digital asset startup scene. The partnership focuses on supporting early-stage startups that are building on the XRP Ledger. As part of the program, Ripple will offer up to $200,000 in grant funding for each selected project.

By Zafar Naik · 17mo ago · 1 min read

Nasdaq Plans to Broaden Crypto Index with Four New Assets

Nasdaq has filed paperwork with the SEC to expand its crypto benchmark index from 5 to 9 digital assets. The new additions —XRP, SOL, ADA, and XLM —will help the Hashdex Nasdaq Crypto Index US ETF (NCIQ) track a wider range of cryptocurrencies.

By Qadir AK · 17mo ago · 1 min read

FCA Proposes Lifting Ban on Crypto ETNs for Retail Investors

The UK’s Financial Conduct Authority (FCA) has proposed ending its 2021 ban on crypto exchange-traded notes (cETNs) for retail investors. Under the new plan, retail access would be allowed for cETNs listed on FCA-recognized exchanges.

By Qadir AK · 17mo ago · 1 min read

Strategy Boosts $STRD Offering to $1 Billion to Fund More Bitcoin Buys

Michael Saylor’s Strategy has increased its $STRD offering from $250 million to $1 billion to support additional Bitcoin purchases. On June 5, 2025, the company priced its initial public offering of 11,764,700 shares of 10% Series A Perpetual Stride Preferred Stock at $85 per share.

By Qadir AK · 17mo ago · 1 min read