News & Research

Nasdaq-listed DeFi Dev Corp. announced on X that it acquired another 153,225 SOL, increasing its total holdings to 846,630 SOL, valued at $133.1 million. The company claims this makes it the largest publicly known holder of SOL.

YZi Labs, formerly Binance Labs, announced on X that it invested in Aspecta, a blockchain platform focused on on-chain attestation, price discovery and liquidity for illiquid assets like locked tokens, private equities and RWAs. The investment is intended to help Aspecta develop its infrastructure and broaden its partnerships to advance open markets for these assets.

NYSE-listed e-commerce company DDC Enterprise has signed a memorandum of understanding with Web3 gaming company Animoca Brands, committing up to $100 million to enhance Bitcoin (BTC) holdings. According to the official announcement on Animoca’s website, the partnership aims to accelerate DDC's Bitcoin accumulation and develop strategies for corporate Bitcoin treasury management.

Stablecoin startup Agora raised $50 million in a Series A round led by Paradigm, according to Fortune Crypto. The company, co-founded by Nick van Eck, offers a white-label service letting firms launch their own stablecoins backed by Agora’s AUSD.

Ethereum (ETH) layer-2 project Kinto said on X that an exploit occurred outside its network, affecting the K token on Arbitrum. Assets on the Kinto mainnet and in bridge vaults remain secure. The team is investigating with support from firms including Seal 911, Hypernative, Venn and Zeroshadow, and plans to share more details soon.

The European Securities and Markets Authority (ESMA) has conducted a review of Malta's compliance with the Markets in Crypto Assets (MiCA) regulations, focusing on the fast-tracked authorization of a crypto asset service provider (CASP) despite unresolved issues. According to CoinDesk, ESMA raised concerns over the lack of thoroughness in the authorization process, with the Malta Financial Services Authority (MFSA) issuing the license without ensuring necessary remediation. Although not confirmed, OKX Exchange, which received pre-authorization in Malta earlier this year, is suspected to be the entity in question.

Coinbase International Exchange, the crypto derivatives platform operated by Coinbase, integrated Copper’s ClearLoop to offer institutional clients fast, secure off-exchange settlement with USDC, reducing counterparty risk and improving capital efficiency, according to Cointelegraph. The service is regulated in Bermuda, with plans to support more collateral assets soon.

YZi Labs, the lead investor in 1inch, transferred 5 million 1INCH ($1.07 million) to Binance around an hour ago, according to on-chain analyst @EmberCN on X. This move follows a recent price rise in 1INCH from $0.18 to $0.215 after the 1inch team repurchased tokens. YZi Labs still holds 69 million 1INCH ($14.75 million) on-chain.

Sequans Communications, a Nasdaq listed company, said it acquired 370 Bitcoin (BTC) using proceeds from a recent stock and bond offering, as part of its plan to accumulate over 3,000 BTC, according to the Newsfile press release. The company chose Coinbase Exchange as its custodian and aims to use BTC as a long-term reserve asset.

World, co-founded by Sam Altman, paused its iris-scanning service in Germany for station upgrades while facing legal challenges over data privacy, according to DL News. The company did not specify when the service will resume.