Grayscale has requested approval from the SEC to change its Grayscale Chainlink Trust into a spot ETF. If approved, investors would obtain LINK through a regulated structure, aligning with preferences for traditional brokerage access over crypto exchanges. The initiative matters for institutional managers, custodians, and retail users.
Author: ethan
ethan
Ethan focuses on altcoins and emerging blockchain ecosystems, covering new projects, sector expansion, and shifting narratives across the crypto landscape. His work looks at how ecosystems grow and interact, beyond short-term price movements. He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.
BitMine Immersion Technologies now holds more than 2 million ETH, valued at roughly $9 billion, according to a note that says the company maintains the largest ETH treasury and the second largest overall crypto treasury. The accumulation stems from a management-declared strategy that positions Ethereum as a core financial layer for the next decade, alongside a new $20 million investment in Eightco (OCTO) tied to a Worldcoin-focused treasury initiative.
Hyperliquid opened a call for teams to propose a USDH stablecoin, triggering debate over fairness and governance. The platform says protocol validators would select the issuer while also announcing an 80% trading fee reduction to draw more cash into its exchange and network. The move prompted objections from projects on the network and accusations of bad acts.
World Liberty Financial (WLFI) stopped access to an address which linked to Justin Sun. This followed token movements which raised doubts about market manipulation. The action immediately brought down WLFI’s effective supply and again made doubts about power concentration, governance along with the ability of crypto projects which public figures back to keep decentralization principles.
Fireblocks opens an internal stablecoin payments network – it aims to quicken cross border payments between banks, PSPs along with institutional custodians. The platform joins custody under MPC, multi currency help in addition to compliance tools. This allows tokenized transfers with less operational problem.
The price of Solana went to $211. This increase put it ahead of the performance of Bitcoin but also Ethereum in the last trading period. Because of this, traders, developers along with institutional investors became more interested.
The Ether treasury of BitMine increased to over $8,000 million. This amount makes up about 1.5 % of the total ETH supply. An identification of this accumulation came from on chain tracking and financial coverage.
CleanCore Solutions announced a Dogecoin treasury of $175 million. The stock fell around 59 – 60 % after the announcement. This episode brings back the debate about holding corporate capital in really volatile cryptocurrencies – it also shows how markets punish strategic deviations perceived as speculative.
The mass impersonation operation accessed technical teams of several crypto firms. The operation took approximately $680,000. It used social engineering, fake identities along with on-chain obfuscation. The attack shows problems in remote hiring and access control in blockchain projects.
Futian Investment Holding, a state-owned entity from Shenzhen, has initiated a tokenized digital bond issuance on Ethereum, marking a notable step in bringing public, institutional-grade debt onto a public blockchain. The fifty million yuan (approximately sixty nine million dollars) bond, rated A- by Fitch and issued offshore in Hong Kong under the FTID TOKEN 001 ticker, blends traditional debt structures with on chain recording and settlement to enhance transparency and efficiency.