Morgan Stanley's Bitcoin ETF Could Attract $160 Billion, Says Strategy CEO

A Bitcoin user paid over $105,197 to send just $10 of the digital coin, a significantly higher fee than usual. Transaction fees are typically a fraction of the amount sent, but can vary during blockchain traffic spikes.

Coinbase has halted talks to buy BVNK, a stablecoin startup, in a deal estimated at $2 billion. The American exchange and Mastercard were in advanced discussions to acquire the UK-based fintech firm.

MegaETH revoked IcoBeast's $1 million token allocation after the influencer hinted at selling. The network selected token recipients based on community activity and long-term commitment, enforcing a one-year lock-up rule to prevent immediate selling.

SoFi has reintroduced SoFi Crypto, allowing users to trade various cryptocurrencies alongside banking services, marking its return to the crypto market since 2023. The platform offers trading for up to 30 crypto assets and enables users to buy crypto with funds from their SoFi accounts.

CleanSpark announced plans to offer $1.15 billion in convertible senior notes, with another potential $150 million in shares to be offered. The company will allocate funds for stock repurchase, expanding power and land portfolio, developing data center infrastructure, and repaying credit lines.

Han Hye-jin's YouTube channel was deleted after hackers aired a deepfake video of Ripple CEO Brad Garlinghouse promoting a crypto scam. The supermodel's team is awaiting a response from YouTube to restore the channel, which had over 860,000 subscribers.

A proposal by a Lido DAO member suggests a token buyback program to address liquidity issues. Unlike Uniswap's program, Lido's is capped at $10 million annually, aiming to enhance token value and investor trust.

ClearToken has received authorization from the U.K.'s Financial Conduct Authority for CT Settle, a DvP net settlement system for digital assets, stablecoins, and fiat currencies. The London-based firm aims to solve capital inefficiency by enabling true DvP settlement, reducing counterparty risk and freeing up capital.

Lighter, a zk-rollup perpetual-futures exchange on Ethereum, secured $68 million in funding from investors like Founders Fund and Robinhood Markets. With a 30-day trading volume of $279.5 billion, Lighter plans to expand its institutional offerings and challenge competitors in the decentralized derivative exchange sector.

The China National Computer Virus Emergency Response Center (CVERC) has challenged the U.S. Department of Justice's account of seizing $13.2 billion worth of Bitcoin allegedly linked to Chen Zhi's Prince Group. CVERC claims the assets originated from a 2020 mining pool hack.