News Explorer — NBA Rookie Victor Wembanyama's NFT Sells for $110,000

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Nov 2, 10:51 pm

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NBA Rookie Victor Wembanyama's NFT Sells for $110,000

A digital trading card of NBA rookie Victor Wembanyama sold for over $110,000, surpassing the record sale price of his physical trading card. The single-edition NFT trading card was released by Sorare NBA, a licensed fantasy basketball game.

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Jul 2, 6:43 pm

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Securitize's SECZ Rises in NYSE Debut as Tokenized Shares Launch on Solana, Avalanche

Securitize, a BlackRock-backed tokenization firm, saw an 8% increase in shares during its trading debut on the NYSE, rea... Read Summary

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Jul 2, 6:28 pm

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Japan's SBI Crypto to End Bitcoin Mining Pool Services

SBI Crypto, a subsidiary of SBI Holdings, will cease its Bitcoin mining pool services on July 31 without providing a rea... Read Summary

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Jul 2, 5:29 pm

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Bitcoin and Ethereum Rise From Recent Lows as Solana Leads Gains Among Major Coins

Bitcoin, Ethereum, XRP, and other major cryptocurrencies are experiencing gains, with Bitcoin surpassing $62,000 after h... Read Summary

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Jul 2, 5:00 pm

Coindesk

Etoro Invests $12.5 Million in Crypto Perps Exchange Extended

Etoro is intensifying its focus on DeFi by leading a $12.5 million funding round for Extended, a perpetual futures excha... Read Summary

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Jul 2, 4:51 pm

Coindesk

Bitwise Exec Sees Strategy Stock Decline as Part of the Bitcoin Cycle—With a Bottom Potentially Near

Bitwise views the decline in Strategy's perpetual preferred stock as a sign of a maturing crypto cycle, not a crisis. St... Read Summary

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Jul 2, 2:50 pm

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FBI Director Patel's Undisclosed Investment in Strategy Is Down as Much as $110K

FBI Director Kash Patel's undisclosed investment in the Bitcoin treasury firm Strategy last November has resulted in a s... Read Summary

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Jul 2, 1:58 pm

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Standard Chartered Offer Direct USDC Minting and Redemption Service for Institutional Clients

Standard Chartered has launched a service for institutional clients to mint and redeem USDC directly through the bank, w... Read Summary

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Jul 2, 1:11 pm

Coindesk

JPMorgan Warns Strategy's Bitcoin Dividend Strategy Could Heighten Market Volatility and Uncertainty

JPMorgan criticized Strategy's decision to use potential Bitcoin sales to fuel preferred stock dividends, warning of inc... Read Summary

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Jul 2, 1:11 pm

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Japanese Bitcoin Giant Metaplanet Boosts Stash to $2.65 Billion

Metaplanet added 2,823 Bitcoin in Q2, bringing its total to 43,000 BTC. Despite a $1.5 billion unrealized loss, the firm aims for 100,000 BTC by 2026 and 210,000 by 2027. Read Summary

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Jul 2, 10:00 am

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Alleged Scattered Spider Hacker Extradited to US for $8 Million Crypto Ransom Demand

Peter Stokes, an alleged member of the hacking group Scattered Spider, has been extradited from Finland to the U.S. to f... Read Summary

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Jul 2, 7:15 am

Coindesk

Solana Rolls Out On-Chain Governance With $7.7 Million Staked Minimum for Validators

Solana has implemented a new onchain governance system called Solana Governance Proposals (SGPs), allowing validators wi... Read Summary

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Jul 2, 8:35 am

Coindesk

Taiko's Cross-Chain Bridge Back in Action After $1.7 Million Hack

Taiko's cross-chain bridge is operational again after a hack that led to a $1.7 million loss due to a compromised SGX si... Read Summary

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Jul 1, 6:53 pm

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Trump-Backed American Bitcoin to Conduct Reverse Stock Split to Meet Nasdaq Requirements

American Bitcoin Corp., co-founded by Eric Trump and majority-owned by Hut 8 Corp., will undergo a 1-for-15 reverse stoc... Read Summary

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Jul 1, 6:40 pm

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Ethereum Institutional Launches With Backing From Joe Lubin, Tom Lee's BitMine, and SharpLink

A new nonprofit, Ethereum Institutional, backed by Joe Lubin and treasury firms, aims to assist Wall Street in navigatin... Read Summary

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Jul 1, 5:42 pm

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Circle Shares Fell 18% After Open USD Reveal—Analysts Think Market Reaction Was Excessive

Circle's CRCL shares dropped 18% due to the announcement of a new stablecoin, Open USD, by competitors like Coinbase, Vi... Read Summary

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