🏃 Speedy Scoop
FinanceStrive listed its SATA preferred stock on Nasdaq, raising $160 million to further expand its Bitcoin treasury, now holding 7,525 BTC. This innovative funding approach combines traditional asset management with crypto investments, offering variable dividends to support treasury growth.
SecurityHacken rolled out the Yield Risk Score (YRS), a new independent metric assessing the security and sustainability of crypto yield products. This rating system aims to help investors navigate the risky yield sector, which has seen $49 billion in losses over five years.
RegulationThe Bank of England launched a consultation on regulating sterling-denominated systemic stablecoins, proposing issuance backing rules and holding caps to protect financial stability, with final regulations expected in late 2026.
AdoptionExodus Movement announced its acquisition of Grateful to boost stablecoin payment options across Latin America, integrating merchant-friendly features like QR code checkouts and crypto-to-local currency conversions into its wallet.
MarketBitMine Immersion Technologies expanded its Ethereum holdings to 3.5 million ETH, worth around $12.7 billion, aiming for a 5% supply stake. This move reflects a growing institutional push into Ethereum amidst solid trading volumes.
FraudZhimin Qian, infamous for a $6 billion Bitcoin Ponzi, faces up to 14 years in prison after UK authorities seized 61,000 BTC, marking the largest Bitcoin confiscation in British history and highlighting intensified global actions against crypto fraud.
(OpenAI, gpt-image-1-mini)