Crypto Investment: Bitwise Raises $70M
@BitwiseInvest announced a $70M funding round with backing from Electric Capital, Haun Ventures, Parafi Capital, and Massmutual to expand its team and develop new crypto products. #Update #Crypto (+6) ↗
Stablecoin Launch Awaits Bank of America
Bank of America (@BofA_News) plans to issue a fully dollar-backed stablecoin once regulatory clarity is achieved, says CEO Brian Moynihan. #Update #Crypto (+3) ↗
AI Breakthrough: Anthropic Model Plays Pokemon
@Anthropic’s Claude 3.7 Sonnet faces challenges playing Pokémon Red on Twitch, highlighting AI’s evolving problem-solving capabilities and potential impacts on digital experiences. #Update #Tech (+2) ↗
Crypto Lawsuits: Ex-SEC Official Criticizes
The U.S. Securities and Exchange Commission (SEC) ends major crypto lawsuits, including those involving @Coinbase and @Robinhood, sparking criticism from ex-official John Reed Stark. #Update #Legal $XRP (-6) ↘
Crypto Adoption Surges Avalanche Visa Launches
@AvalancheFDN launches the Avalanche Card, a Visa credit card enabling $AVAX, wrapped AVAX, $USDT, and $USDC spending globally. #Update #Crypto $AVAX (+4) ↗
CBI Raids 60 Sites in GainBitcoin Crackdown
India’s Central Bureau of Investigation raids 60 locations in a crackdown on the $800M GainBitcoin scam, seizing crucial digital evidence. #Breaking #Legal (+9) ↗
Bitcoin ETFs Record $1 Billion Outflow
Bitcoin exchange-traded funds (ETFs) faced a historic $1 billion outflow on Feb. 25, while Ether ETFs saw a $50 million withdrawal, marking significant market movements. #Breaking #ETF $BTC (-9) ↘
Ethereum Foundation Funds Tornado Cash Defense
@ethereumfndn donates $1.25M to Alexey Pertsev’s legal defense, emphasizing privacy and code-writing rights amid Tornado Cash controversy #Update #Legal (+6) ↗
Bitcoin: GameStop CEO Proposes $5B Investment
@GameStop is urged by Strive’s CEO to invest $5 billion in $BTC, aiming to position the company as a market leader with Bitcoin reserves. #Breaking #Crypto $BTC (+9) ↗
Bitcoin Miner GDA Expands West Texas
@Genesis_Digital_Assets is expanding its bitcoin mining operations in West Texas with a 50 MW increase, enhancing its Pyote and Vernon sites’ capacities. #Update #Crypto (+3) ↗
Ethereum ETF Advances with SEC Nod
The Securities and Exchange Commission has published a filing from @NYSE on Grayscale’s proposal for Ethereum ETFs to earn staking rewards. #Update #Crypto $ETH (+3) ↗
Bitcoin Depot Boosts BTC Treasury Holdings
@BitcoinDepot (NASDAQ: BTM) acquires 11.1 $BTC, increasing its total holdings to 82.6 BTC as part of its treasury strategy. #Update #Crypto $BTC (+3) ↗
Stablecoin Surge: MEXC’s $20M USDe Purchase
@MEXC_Official acquires $20M in $USDe to enhance stablecoin adoption, supporting a $1M prize pool campaign. #Breaking #Crypto $USDe (+8) ↗
SEC Reviews Grayscale Ethereum ETF Proposal
The U.S. Securities and Exchange Commission is reviewing @Grayscale’s proposal to allow staking in its Ethereum ETFs, with a decision expected by May 26, 2025. #Update #ETF $ETH (+3) ↗