Institutional & Corporate Strategy
- MicroStrategy’s “Orange March”: Acquired an additional 22,337 BTC, bringing its total corporate treasury to 761,068 BTC.
- BlackRock Asset Flows: Deposited 1,701 BTC (~$124M) and 12,687 ETH into Coinbase Prime; total weekly deposits across multiple transactions exceeded $300M in combined value.
- Metaplanet Expansion: The “Japanese MicroStrategy” raised $255 million to increase its Bitcoin holdings toward a 210,000 BTC target.
- Ledger U.S. Expansion: Appointed John Andrews as CFO and opened a new New York office to spearhead North American growth.
- Grayscale Hyperliquid Exposure: Filed an S-1 for a “Hype ETF” to provide regulated exposure to the Hyperliquid ecosystem.
Mergers, Acquisitions & Partnerships
- Mastercard x BVNK: Mastercard moved to acquire stablecoin payment platform BVNK in a landmark $1.8 billion deal to bridge fiat and digital payments.
- Polymarket x Brahma: The leading prediction market acquired Brahma to bolster its internal DeFi and execution infrastructure.
- Impossible Finance x Rarible: Acquired the Rarible brand and platform assets to expand into NFT and creator infrastructure.
- GSR x Autonomous Architech: The liquidity provider acquired the $57M capital markets platform to advance its algorithmic trading capabilities.
- Sokin x Genpaid: Sokin acquired Genpaid to launch integrated stablecoin capabilities within its hybrid finance platform.
- Animoca Brands x Ava Labs: Announced a strategic investment to boost the Avalanche ecosystem and gaming integration.
Regulatory & Legal Landscape
- SEC Policy Shift: Clarified crypto regulations under federal laws and dropped the case against BitClout founder Nader Al-Naji; Paul Atkins signaled progress on a new token taxonomy.
- U.S. Legislative Progress: Senator Tim Scott indicated a potential breakthrough on a U.S. Crypto Market Structure Bill tied to a broader housing and bank deal.
- South Korea Enforcement: The FIU fined Bithumb for AML violations following a partial suspension notice.
- SEC vs. Nasdaq: The SEC began reviewing proposals for tokenized securities trading on the Nasdaq.
- Sovereign Activity: The Royal Government of Bhutan transferred a total of 973 BTC to exchanges across multiple batches.
Web3 Fundraising & VC Inflows
- Bluesky: Raised $100 million in Series B funding to scale its decentralized social protocol.
- Kalshi: Secured over $1 billion at a $22 billion valuation, marking a massive win for regulated prediction markets.
- Roboforce: Secured $52 million in an oversubscribed round led by YZI Labs.
- Transfi: Raised $19.2 million in Series A funding led by Turing Financial Group.
- Ironlight Group: Raised $21 million for tokenized securities infrastructure.
- dtcpay: Secured $10 million in Series A funding from Vertex Ventures.
- Derivio: Raised $6 million for AI-driven “agentic” trading infrastructure.
- Myriad: Completed a seed round backed by MoonPay Ventures and Tom Lee.
Security, Exploits & Technical Risks
- DarkSword iOS Exploit: Google warned of a critical exploit targeting mobile crypto wallets, putting millions of users at risk.
- USDC Permit Scam: A phishing attack resulted in a $1.76 million loss for a single user via a malicious signature request.
- Trust Wallet Breach: A $7 million hack from a previous period was publicly exposed following an internal dispute at a security firm.
- DeFi Bad Debt: Venus Protocol incurred $2.15 million in bad debt following a sharp token crash; dLenD was exploited for $257k.
- Bitrefill Cyberattack: Reported a breach exposing 18,500 customer records.
- Coinbase Commerce Alert: Concerns were raised over a security issue potentially exposing user seed phrases.








