06:17 2025-06-12
The CEO of United Bank of America is studying stablecoins, and the bank may launch its own stablecoinAccording to Cointelegraph, United Bank CEO Gunjan Kedia said the bank is "studying and observing" its possible role in the stablecoin space, while its institutional crypto custody business is experiencing a resurgence under the crypto-friendly Trump administration.
Kedia said the crypto custodian service it created in 2021 underperformed under the Biden administration, largely because of the highly uncertain regulatory regime for large institutional investors at the time.
06:14 2025-06-12
Soluna signs $20 million financing agreement with Spring Lane CapitalNasdaq-listed Soluna Holdings, which develops green data centers for intensive computing applications such as bitcoin mining and artificial intelligence, has announced a $20 million financing agreement with private equity firm Spring Lane Capital, which will be used to launch its user data center project Project Kati. It is reported that Spring Lane Capital has also signed another agreement with Soluna, which will provide up to $100 million in additional project-level capital for the Soluna proj...
06:02 2025-06-12
French police have arrested several more suspects in a cryptocurrency kidnapping caseAccording to Cointelegraph, French police have arrested several more suspects in the cryptocurrency kidnapping case. On May 3, police raided and rescued the father of a cryptocurrency entrepreneur. The victim was imprisoned for several days and had his fingers cut off. The kidnappers demanded a ransom of 8 million dollars. On June 4, Morocco arrested a mastermind of a French series of cryptocurrency kidnappings. On May 26, Paris also arrested 12 related suspects.
Expert analysis claims that crim...
05:49 2025-06-12
Former Galaxy Executives Issue Questions About the Ethereum Foundation's New Organizational ChaosChristine Kim, former vice president of research at Galaxy Digital, wrote on the X platform that the new Ethereum Foundation organizational structure is confusing. Tim Beiko, Barnabé Monnot, and Alex Stokes have multiple roles, both leading all the foundation's R & D teams and managing their own teams. They are responsible for L1 and L2 scaling and improving the user experience (UX) over the next 12 months.
In addition, Christine has doubts about the details of the architecture diagram, includi...
05:19 2025-06-12
TrumpMeme has officially issued commemorative NFTs to users attending the dinnerOn June 12, TrumpMeme officially announced that it has issued commemorative NFTs to users participating in the TRUMP dinner, which can be viewed on the Solana wallet participating in the event. According to on-chain information, this series of NFTs is technically supported by Metaplex, and the data is stored on the on-chain data developer Irys platform.
05:13 2025-06-12
Swedish H100 Group shares rose 45% in a single day on the announcement of raising $10 million for bitcoin reservesSwedish health technology company H100 Group AB announced on Wednesday that it has raised 101 million Swedish kronor (about $10.60 million) to accelerate the company's bitcoin reserve strategy, sending shares up 45%. H100 closed at 4.64 kronor (about $0.49) on the Nordic growth market bourse, and the stock price has risen 280% since it announced its bitcoin strategy on May 22, according to MarketWatch data.
The $10.60 million round is almost five times the size of the $2.20 million round led by ...