Author: Kryptonews

ARK Invest doubled down on the latest publicly listed digital asset treasury company, buying just under $162 million worth of shares in Solmate (BREA) after taking part in the company’s $300 million funding round.The Nasdaq-listed sports club owner raised the money and rebranded from Brera Holdings as part of plans to build a digital asset treasury based on Solana’s sol (SOL) token. Ark Invest joined United Arab Emirates-based Pulsar Group in the fundraise, which also included RockawayX and the Solana Foundation, according to a Thursday announcement.As it often does, Cathie Wood’s investment firm got in on the ground floor acquiring…

Grvt (pronounced “gravity”), a decentralized exchange (DEX) focused on privacy in on-chain finance, has raised $19 million in Series A funding. The round was co-led by ZKsync, its foundational technology partner, along with Further Ventures, EigenCloud (formerly EigenLayer) and 500 Global, the company announced via email on Thursday.Built on the ZKsync Validium L2, Grvt uses zero-knowledge (ZK) proofs to ensure transactions inherit Ethereum-level security while keeping trade details private and settlement costs low. The company says this architecture addresses long-standing barriers to mainstream adoption of on-chain finance: privacy, scalability and accessibility.ZK technology is a cryptographic method in which one party…

Binance founder Changpeng Zhao (CZ) has issued a warning to crypto projects about North Korean hackers. He detailed how the group is using increasingly sophisticated tactics to gain access to companies. Operatives Are Exploiting Hiring Process CZ shared his concerns via a September 18 X post, describing the hackers as “advanced, creative, and patient.” He explained how the most common method used by these individuals involves posing as job candidates to secure roles in companies, particularly in developer, security, and finance positions, giving them a “foot in the door.” In other cases, the group poses as employers and attempts to…

Crypto markets will enter “up only” mode once the United States Treasury hits its target goal of filling the General Account (TGA), the Treasury Department’s bank account, with $850 billion, according to Arthur Hayes, co-founder of the BitMEX crypto exchange.“With this liquidity drain complete, up only can resume,” Hayes wrote on Friday as the US TGA’s opening balance crossed $807 billion. When the Treasury is filling its General Account, the funds are generally sequestered and do not flow into private markets.However, not all analysts were convinced by Hayes’ prediction that liquidity will flow to financial markets once the US Treasury…

A year after staging a soft-launch invitational, Conductor: Art Fair of the Global Majority will mount its first full edition at Powerhouse Arts in Brooklyn from April 30 to May 3, 2026, with a VIP preview on April 29. The fair, organized by Powerhouse Arts and directed by Adriana Farietta, will bring together more than 50 galleries and artists from Africa, Latin America, the Caribbean, South and Southeast Asia, the Middle East, Oceania, and Indigenous nations. Its mission, Farietta says, is not simply representation but redistribution: lowering barriers for young galleries and artists who have historically struggled to access New York’s blue-chip…

Key Takeaways Senate Democrats, including Senators Gallego, Warner, and Gillibrand, announced collaboration with Republicans for bipartisan crypto legislation. The push comes amid Trump administration support for pro-crypto policies. Share this article Senate Democrats today announced plans to collaborate with Republican colleagues on bipartisan crypto market structure legislation, according to a joint statement from Senators Ruben Gallego, Mark Warner, and Kirsten Gillibrand. Gallego, a Democratic senator from Arizona, Warner, a Virginia Democrat with a technology and finance background, and Gillibrand, a New York Democrat who has co-sponsored previous crypto bills, are spearheading a broader group of Senate Democrats in unveiling a…

Bitcoin’s recent stretch of muted price action is a sign of strength, not weakness, according to Strategy (MSTR) Executive Chairman Michael Saylor.Speaking on an episode of Natalie Brunell’s “Coin Stories” podcast released Friday, Saylor argued that the market is in a consolidation phase as long-time holders sell portions of their stacks and institutions prepare for bigger allocations. “If you zoom out and look at the one-year chart, bitcoin is up 99%,” he said. “The volatility is coming out of the asset — that’s a really good sign.”Saylor described the current environment as one where early adopters who bought bitcoin at…

Solana’s (SOL) price has gained nearly 70% over the past 90 days to around $240, driven by multiple bullish catalysts. This includes high expectations for an impending ETF approval, several public companies embracing SOL as a treasury reserve, and growing institutional interest.With Solana grabbing headlines, many crypto investors are looking beyond to find the “next big thing.” Projects in their early stages, such as DigiTap ($TAP), which seizes great potential for profits Unlike many presale tokens that promise everything and deliver nothing, Digitap has already released a working app for both Android and Apple devices. This gives investors a rare chance…

Tech-focused venture capital firm YZi Labs has increased its stake in Ethena, the stablecoin issuer behind USDe, which will assist the digital dollar’s adoption across decentralized and centralized platforms.The investment will assist Ethena USDe’s (USDe) expansion on BNB Chain while enabling Ethena to continue building its USDtb stablecoin and an institutional settlement layer, “Converge,” Changpeng Zhao’s YZi Labs said in a statement on Friday.USDtb is backed by short-duration treasury assets, including BlackRock’s BUIDL, while Converge is an Ethereum Virtual Machine-compatible chain focused on tokenizing real-world assets. The move supports YZi’s mission to “support open, scalable digital dollar infrastructures that can…

The FTX Recovery Trust is preparing a third round of distributions to creditors, totaling $1.6 billion, as it continues efforts to return funds tied to the collapsed crypto exchange. Key Takeaways: The FTX Recovery Trust will distribute $1.6 billion to creditors on September 30, bringing total payouts to $7.8 billion. US customer claims will receive 40%, while convenience claims are set for a 120% reimbursement in this latest round. With over $16 billion in recoverable assets, how remaining funds are handled could impact crypto market sentiment and future investor protections. The latest tranche is scheduled for September 30, with payouts…