June, 2025

June, 2025

Crypto miner Canaan to shutter non-core AI semiconductor business unit amid strategic realignment
Canaan will now allocate resources to bolstering its bitcoin mining machine sales, self-mining operations, and consumer mining products businesses....

Benchmark hikes Coinbase price target to $421, citing ‘transformational’ catalysts
"Coinbase is positioning itself at the center of crypto’s next regulatory and structural evolution," says Benchmark's Mark Palmer....

Chorus One alums launch $20 million venture fund targeting pre-seed and seed crypto-AI startups
The firm will invest in decentralized infrastructure, middleware, and consumer applications at the intersection of blockchain and AI....

Anthony Pompliano strikes deal raising over $750 million to create Bitcoin treasury firm
Involved parties have raised $516.5 million in equity and $235 million in convertible notes, according to a statement....

Anchorage Digital integrates Uniswap Labs Trading API to give institutional wallet users improved DeFi liquidity
Anchorage Digital Porto wallet institutional users can swap tokens and access DeFi liquidity directly, removing reliance on third-party platforms....

New York-based scammer gambles away nearly all of the $4 million he stole from Coinbase users: ZachXBT
As his gambling losses grew, Nieves allegedly stole from accomplices who helped pilfer over $4 million by posing as Coinbase support agents....

Paradigm invests $15 million in GTE, a startup billed as the ‘world’s fastest’ DEX
The startup is confident its trading capabilities can rival giant centralized exchanges like Binance and Coinbase....

Veda raises $18 million from CoinFund, Coinbase Ventures, GSR and others to scale its DeFi infrastructure
Veda is designed to enable apps, protocols, and institutions to offer onchain yield products without DeFi complexity....

Fortune 500 firm Fiserv to launch stablecoin on Solana using Paxos and Circle infrastructure
NYSE-listed Fiserv plans to launch a stablecoin on Solana this year, using technology from Paxos and Circle amid upcoming U.S. laws....

‘Nothing stops this orange’: Strategy buys 245 bitcoin for $26 million as its total holdings reach 592,345 BTC
Strategy's holdings now total more than 2.8% of the total 21 million bitcoin supply — worth over $60 billion....

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