Ledn, Sygnum Renew $50M Bitcoin Loan Deal as Institutions Chase Yield
Crypto lending platform Ledn and Swiss digital asset bank Sygnum have refinanced a $50 million Bitcoin-backed syndicated loan, highlighting growing demand from institutional investors seeking higher-yield opportunities in the digital asset market. The refinancing marks a continuation of the firms’ partnership in developing secured credit products backed by Bitcoin. The deal was reportedly oversubscribed, reflecting […]
Swarm Network Secures $13M to Drive Decentralized AI Expansion
Swarm Network has raised $13 million to scale its decentralized AI verification platform, positioning itself as one of the frontrunners in the race to build trustless, community-driven artificial intelligence infrastructure. The funding was split between $10 million from the sale of tokenized Agent Licenses and $3 million from strategic backers, underscoring strong demand for alternative […]
Play Solana to Launch Handheld Gaming Device in October
Play Solana has confirmed that it will begin shipping its first handheld gaming device, the PSG1, on October 6, 2025. The console is designed to merge traditional gaming with blockchain functionality, positioning itself as a gaming hub and a Web3 platform. The PSG1 comes with an octa-core ARM processor, 8GB of RAM, and 128GB of […]
$48M Whale Gains Spark Manipulation Claims on Hyperliquid
The decentralized derivatives exchange Hyperliquid is once again in the spotlight after a shocking rally in the XPL token generated nearly $48 million in profits for a handful of whales, sparking accusations of manipulation and raising new concerns about the fairness of decentralized pre-launch markets. The drama unfolded when four large traders aggressively drove XPL’s […]
112 Crypto Firms Call on Senate to Protect Developers in Market Structure Bill
A coalition of 112 crypto companies, investors, and advocacy groups has called on the U.S. Senate to include clear protections for software developers and non-custodial service providers in its upcoming market structure legislation. The group emphasized that without such safeguards, it cannot support the bill. In a letter addressed to key Senate committees, the industry […]