ACX, the native token of Across Protocol, has dropped sharply following serious allegations of insider self-dealing involving $23 million in decentralized autonomous organization funds. The token is trading at $0.1342, down 10% in the past 24 hours and over 40%…
btcmanager.com
Bakkt files to raise $1B with plans to allocate funds to Bitcoin [btcmanager]
Bakkt Holdings Inc. has disclosed plans to raise $1 billion through a mixed securities offering and use the proceeds to fund Bitcoin buys. According to the crypto software firm’s June 26 filing with the U.S. Securities and Exchange Commission, the…
Resolv protocol denies token sales amid volatility, buys 1.6M RESOLV [btcmanager]
Resolv Protocol has pushed back against speculation of internal token sales, revealing it repurchased 1.6 million RESOLV tokens amid heightened market volatility. In a June 27 statement on X, Tim Shekikhachev, customer success manager at Resolv (RESOLV), said the protocol’s…
AI tokens slide 64% despite 86% usage spike and $1.3B raised — Is the hype sustainable? [btcmanager]
Artificial intelligence agents are exploding across the Web3 ecosystem, but AI tokens are telling a different story. According to a June 26 report by DappRadar, on-chain activity tied to AI agents has grown 86% since January, reaching 4.5 million daily…
Nasdaq-listed Upexi to tokenize shares on Solana, adds 56K SOL to treasury [btcmanager]
Nasdaq-listed Upexi is taking a major step into the crypto capital markets by announcing plans to tokenize its shares on the Solana blockchain. On June 26, the company announced it will bring its stock on-chain through Opening Bell, a regulated…
Bought SOL at $148 before it crashed below $127: How investors made it to the breakeven [btcmanager]
Buying Solana at $148 looked like a mistake, but with strategy and patience, it became a lesson in conviction, not delusion. #partnercontent
Bought SOL at $148 before it crashed below $127: How investors made it to the breakeven [btcmanager]
Buying Solana at $148 looked like a mistake, but with strategy and patience, it became a lesson in conviction, not delusion. #partnercontent
CoreWeave takes a second shot at Core Scientific acquisition [btcmanager]
Last year’s $1 billion offer was a non-starter. Now, with AI demand surging and Bitcoin mining margins tightening, CoreWeave has circled back and is reportedly in new talks to acquire Core Scientific. On June 26, the Wall Street Journal reported…
IRS warning letters to crypto investors are on the rise: what do they really mean? [btcmanager]
Lately, the Internal Revenue Service has ramped up the frequency of warning letters sent to cryptocurrency investors. Reports indicate that most recipients receive one of three letter types: 6173, 6174, or CP2000. But what do these letters mean, and do…
SOL Strategies launches reserve for Solana tokens, with initial 52,181 JTO [btcmanager]
SOL Strategies, a publicly traded Solana infrastructure company, has announced the launch of a new ecosystem reserve strategy, with Jito as the first token. Canada-based SOL Strategies said in an announcement on June 26 that its Strategic Ecosystem Reserve (SER)…