Bitcoin Miner Bit Digital Is Pivoting to Ethereum Staking

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Bit Digital is transitioning to focus solely on Ethereum, with plans to convert its remaining Bitcoin holdings into ETH. To fund this shift, the company is selling off its Bitcoin mining operations and reinvesting the proceeds in Ethereum. The move comes amidst challenges in the mining industry post-BTC halving.

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Samsung Affiliates to Acquire 4% Stake in Upbit Operator Dunamu for $446M

www.koreaherald.com

Samsung Securities, Samsung SDS, and Samsung Card will collectively acquire a 4% stake in Dunamu, the operator of South Korea's largest cryptocurrency exchange, through an all-cash deal worth $446 million. The investment aims to capitalize on growth opportunities in the digital asset sector.


CFTC and Gemini File Joint Motion to Reverse 2025 Consent Order

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The CFTC and Gemini filed a motion to undo a 2025 consent order, with the regulator stating it should not have been filed. The regulator admitted the original complaint was based on a whistleblower's account lacking credibility.


Fold Debuts Bitcoin Rewards Credit Card After Securing $150M Credit Facility

bitcoinmagazine.com

The Fold Bitcoin Credit Card, issued by Fold Holdings, Inc., offers up to 4% back in Bitcoin rewards on purchases, with additional rewards for paying bills in Bitcoin. Cardholders can access physical and virtual cards, with features like real-time reward tracking and fraud alerts available.


SoFi Rolls Out Dollar-Pegged Stablecoin on Ethereum, Solana

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SoFi Technologies introduced SoFiUSD, a stablecoin issued by a U.S. national bank, available for transactions within their banking app. This move reflects the merging of traditional finance and the crypto world, as Congress works on regulatory frameworks for cryptocurrencies in the U.S.


Casa Launches New Security Features to Combat Rising Bitcoin Theft Through Social Engineering Attacks

bitcoinmagazine.com

Casa has introduced four new features to combat social engineering, the primary cause of crypto theft in 2025. These features include Guardian Mode, Whitelisting Addresses, Suspicious Account Activity monitoring, and Phone Call Detection. The company aims to protect clients from fraudulent attacks.


Kraken Introduces Bitcoin Vault for Users to Earn Up to 2.5% APY on BTC Holdings

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Kraken now offers a Bitcoin Vault where users can earn up to 2.5% APY on their BTC holdings. The funds are put to work in on-chain vaults powered by DeFi infrastructure firm Veda, with a 25% performance fee deducted from rewards.


Stake DAO Hacked as Attacker Mints Trillions of VsdCRV Tokens

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Stake DAO has fallen victim to a hack, with an attacker minting 5.4 trillion vsdCRV tokens on the Arbitrum network. The hacker then exchanged some tokens for 44 ETH, resulting in a profit of approximately $91,000 before bridging back to Ethereum.


Solana Treasury Firm DeFi Development Corp Relocates to Nevada to Shield Executives

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DeFi Development Corp, the first US-listed Solana treasury company, relocated from Delaware to Nevada to protect its executives from potential removal by shareholders. The move, authorized by insiders controlling 81.79% of voting power, raised the bar for removing directors after a 90% stock price decline.


Mastercard Obtains New York BitLicense as Stablecoin, Tokenized Deposit Plans Grow

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Mastercard's recent acquisition of a BitLicense from the New York Department of Financial Services underscores its commitment to regulatory compliance in the crypto sector. The company aims to support stablecoins and tokenized deposits as part of its long-term strategy.


Tokenized Securities From DTCC Will Be Available on Stellar Network by 2027

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The DTCC and Stellar Development Foundation plan to integrate tokenized securities onto the Stellar network by the first half of 2027. This move aims to facilitate issuance, settlement, and management of blockchain-based traditional securities, including exploring tokenizing highly liquid assets like major indices and U.S. Treasury debt instruments.