The SEC Crypto Task Force will host four more roundtables, and it has closed its investigation into Immutable. Crypto influencer BitBoy (Ben Armstrong) has been arrested in Florida.
Hyperliquid faced a major exploit as a whale manipulated JELLYJELLY, forcing over $10 million in unrealized losses. The platform delisted the token and force-settled positions to prevent further damage.
GameStop (GME) jumped 14% after announcing Bitcoin reserves. Bitwise CIO Matt Hougan says now is the best time to buy Bitcoin, citing reduced regulatory risks. Only 8.6% of ETH and 11.5% of BTC trading volume now occurs on U.S. exchanges.
BlackRock is expanding its crypto ambitions, posting new job listings as its $1.7 billion BUIDL fund gains traction. While some firms explore Solana, XRP, and Litecoin ETFs, BlackRock remains quiet on future plans.
Another drama unfolds on Hyperliquid as a whale exploits JELLYJELLY, executing a $6M short, self-liquidating, and forcing the HLP vault to absorb a massive position—leading to over $10M in unrealized losses.
In response, Hyperliquid intervened, delisted JELLYJELLY, and force-closed the trade at a favorable price—turning a potential disaster into a $700K profit. Looks like whales are on a mission to wreck Hyperliquid.
Circle has achieved a major milestone by becoming the first stablecoin issuer to secure regulatory approval in Japan.
In the United States, Arizona has advanced two significant crypto bills: SB1025, which promotes public investment in cryptocurrency, and SB1373, establishing a digital asset strategic reserve fund.
Michael Saylor’s Bitcoin strategy continues to expand, now holding 506,137 BTC—valued at approximately $44.1 billion.
Kentucky has enacted the Bitcoin Rights Bill (HB701), reinforci
Institutional & Corporate Moves BlackRock continues accumulating Bitcoin, signaling strong institutional confidence.MicroStrategy purchases 6,911 BTC ($584.1M) at an average price of $84,529 per BTC.Metaplanet adds 150 BTC ($12.6M), bringing total holdings to 3,350 BTC. Major Market Events Mt. Gox transfers 11,501 BTC ($1.01B) to two wallets, raising concerns about potential sell pressure.Turkey bans short selling and eases buyback rules after a sharp market plunge following the arrest of Istanb
Notable Fundraising Rounds PlaysOut - $7M Seed Round - A global open platform for mini-games.EPHYRA (formerly GameBeast) - $10.5M Series A , a multi-dimensional virtual entertainment center integrating AI, gaming, and interaction.Domin Network - Strategic Round Developing solutions for aggregating and validating consumer data.Plume Network - Funding Round , Layer 1 blockchain platform integrating real-world assets into the blockchain.Slingshot - $16M Funding Round , A web app leveraging AI to fa
Metaplanet appoints Eric Trump to its Strategic Board, leveraging his business expertise to build a top Bitcoin Treasury Company. Mt. Gox & Ripple co-founder Jed McCaleb plans to launch Vast's Haven-1 space station and secure a NASA contract by 2026. South Korea's Financial Intelligence Unit takes action against unregistered foreign exchanges, naming BitMEX, KuCoin, CoinW, Bitunix, and KCEX. OFAC removes Tornado Cash contract addresses from its sanctions list. Belarus begins preparations for sta