Cboe Seeks Approval for Canary Capital’s Staked Injective ETF
The Chicago Board Options Exchange (Cboe) has filed an application to list a new exchange-traded fund (ETF) from Canary Capital, centered around the staking of Injective Protocol’s native token, INJ. This move signals growing momentum in the evolution of crypto-based ETFs, especially those integrating yield-generating features like staking. If approved, the staked Injective ETF would […]
Bakkt Restructures to Become Pure Crypto Powerhouse
Bakkt Holdings has announced the sale of its loyalty services division in a strategic shift aimed at focusing exclusively on digital assets and blockchain infrastructure. The move marks a significant milestone for the company as it repositions itself as a pure-play crypto firm, shedding non-core operations to streamline its business model and concentrate on areas […]
ARK Invest Commits $20M to BitMine, Cuts Back on Coinbase, Block, and Robinhood
ARK Invest, led by Cathie Wood, has made a decisive shift in its crypto strategy by injecting $20 million into BitMine Immersion Technologies while reducing its holdings in major fintech companies, including Coinbase, Block, and Robinhood. The move signals a strategic pivot toward crypto infrastructure and Ethereum staking operations, and away from consumer-focused financial platforms. […]
U.S. Seeks Forfeiture of $2.4M in Bitcoin Seized from Ransomware Group
The U.S. Department of Justice is pursuing the forfeiture of approximately $2.4 million in Bitcoin that was seized from a ransomware group known as Chaos. The move follows a detailed investigation that led federal agents to a cryptocurrency wallet believed to be tied to illicit cyber activities, specifically ransomware attacks targeting both public and private […]
Mill City Ventures Commits $441M to Sui Treasury in Strategic Blockchain Pivot
Nasdaq-listed Mill City Ventures has announced a bold move to allocate $441 million of its capital toward acquiring Sui (SUI) tokens, marking a major strategic shift for the finance firm. The decision makes Mill City the first publicly traded company to build a corporate treasury based entirely on the Sui blockchain. The funding stems from […]