Author: NBTC

Brera Holdings (BREA), a Nasdaq-listed sports club owner, is the latest entrant into the growing Solana SOL$248.22 digital asset treasury field raising $300 million to accumulate the token. Announced on Thursday, the firm secured backing from UAE-based Pulsar Group, Cathie Wood’s ARK Invest, RockawayX and the Solana Foundation in a private investment in public equity (PIPE) round. It will also rebrand to Solmate, while maintaining its sports-ownership business. The shares rallied 14% following the news. SOL rose 5% over the past 24 hours. Solmate’s debut follows recent high-profile Solana treasury plays such as Galaxy-backed Forward Industries (FORD) and Pantera-backed Helius…

Crypto assets have emerged as one of the fastest-growing sectors in global finance, presenting substantial opportunities for retail and institutional investors alike. With revenues in Europe projected to grow by over 30% annually, Europe is well placed to capitalize on the growth of this dynamic sector, but it must embrace scrutiny and adapt quickly or risk being left behind. The recent adoption of the Markets in Crypto-Assets (MiCA) Regulation by the European Union (EU) was a significant step forward in supporting the continent’s embrace of the crypto industry and has helped Europe to establish itself as a hub for well-regulated…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Titan announced today a $7 million seed round led by Galaxy Ventures, with participation from Frictionless, Mirana, Ergonia, Auros, Susquehanna and several angels. “At Galaxy Ventures, we look for teams working to build foundational infrastructure with long-term impact,” said Will Nuelle, general partner at Galaxy Ventures. “We believe Titan is creating an advanced gateway to internet capital markets on Solana.” Titan’s raise coincides with the public launch of its frontend meta-DEX aggregator, graduating from a private beta that has processed more than $1.5 billion in spot volume.…

A British Columbia court has ruled that a Canadian cryptocurrency exchange was not responsible for a customer’s C$671,000 (US$480,000) loss after the woman ignored several warnings that a scam was targeting her. Justice Lindsay LeBlanc of the British Columbia Supreme Court dismissed a lawsuit brought by Victoria resident Yan Li Xu against Calgary-based exchange NDAX Canada last Monday, ruling in favor of the platform. The Supreme Court Justice said NDAX fulfilled its duties and acted appropriately to prevent her from being defrauded. NDAX issued four warnings before the transfer According to the written judgment released on Monday, Xu transferred more…

After a volatile week of failed recoveries and fading momentum, Ethereum price is showing renewed signs of strain as it slips deeper into correction territory. Summary Ethereum price has fallen nearly 7% in 24 hours and 12% over the past week, erasing recent gains. The token is now trading near $3,773, about 15% lower than last month’s levels, signaling mounting weakness. The $3,800 support level is critical, with a weekly close below it risking a slide toward $3,450–$3,500, where heavy liquidity and prior buying interest sit. A recovery above $3,800 and $4,250 would require renewed institutional demand and strong ETF…

There’s little doubt that Tether has conquered the world with USDT. With a market cap of $171 billion, it outpaces all other stablecoins combined. Earlier this month, Tether introduced a new U.S. dollar stablecoin, USA₮, to compete with USDC in the domestic market under U.S. law. The company named Bo Hines to lead its U.S. unit and build issuance and custody around Anchorage Digital and Cantor Fitzgerald, a move disclosed after Congress enacted a federal framework for fiat-referenced tokens. USA₮, or USAT, is designed to meet the new regime’s reserve and disclosure requirements. The legislative backdrop arrived on July 18…

US President Donald Trump has appointed Michael Selig, who served as general counsel on the Securities and Exchange Commission’s (SEC) cryptocurrency task force, as Chairman of the Commodity Futures Trading Commission (CFTC). According to Bloomberg, this appointment comes at a time when the regulatory framework for cryptocurrency markets is being reshaped in Washington. Selig served as general counsel for the SEC’s 14-person Crypto Task Force. Previously, Selig worked as a partner at the renowned law firm Willkie Farr & Gallagher and served as a legal assistant to then-CFTC Commissioner Chris Giancarlo in 2014 and 2015. Giancarlo served as CFTC Chair…

Li Lin, the founder of Huobi and chairman of Hong Kong-based Avenir Capital, is spearheading a new $1 billion ether ETH$3,803.98 trust alongside several of Asia’s most influential early Ethereum investors, according to Bloomberg. The report, which cites people familiar with the matter, claims Li has teamed up with Fenbushi Capital co-founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu founder Cai Wensheng to form a digital asset trust designed to accumulate and hold Ether. The venture reportedly includes discussions to acquire a Nasdaq-listed company to structure the vehicle and has already secured roughly $1 billion in commitments. That…

Exciting news is rippling through the decentralized finance (DeFi) world! A significant development has just been announced that could reshape how investors approach digital assets. The innovative DeFi fund, iZUMi Finance, has officially launched a substantial iZUMi Finance crypto fund, amounting to an impressive $20 million. This groundbreaking initiative is a direct result of a strategic partnership with CIMG, a firm publicly listed on Nasdaq, bringing together the best of both traditional and decentralized finance. This collaboration, initially reported by The Daily Hodl, marks a pivotal moment for the crypto industry. It signifies growing institutional interest and confidence in the…

U.S. authorities have filed a motion aiming to take hold of the coins held in the wallets of the once-largest Russian cryptocurrency exchange, BTC-e. America’s justice department hopes to forfeit the digital money of the trading platform, which processed funds originating from all sorts of criminal activities. DOJ wants BTC-e’s cryptocurrency The U.S. Department of Justice is attempting to establish control over BTC-e’s crypto holdings as of the time the exchange collapsed, July 2017, Russian crypto media has learned. The DOJ has filed a lawsuit in the U.S. District Court of the District of Columbia, seeking the forfeiture of the…