Tether, the world's largest stablecoin issuer has officially pivoted into venture capital funding by pouring in $2 million into Arcanum Emerging Technology Fund II.  The stablecoin issuing company which holds the highest market share fulfilled its long-term goal of diversification by opening up a new business offer for clients of the company.  Arcanum announced the…

Key Takeaways Bitwise filed for a Bitcoin Reserve ETF to track firms holding 1,000 BTC or more. Eligible firms must have $100 million market caps, $1 million daily liquidity, and low free floats. Unlike traditional ETFs, it weighs firms by bitcoin holdings, capped at 25% for risk management. Bitwise has filed with the U.S. Securities…

Key Takeaways KULR Technology purchased 217.18 bitcoin worth $21 million to launch its Bitcoin Treasury strategy. The plan allocates 90% of surplus cash to bitcoin, supporting long-term value preservation. KULR chose Coinbase Prime for custody and wallet services, highlighting the growing institutional adoption of digital assets. KULR Technology Group, a NYSE-listed energy solutions firm has…

FTX co-founder Ryan Salame’s prison sentence reduced by one year. Other executives face varying legal outcomes as FTX prepares creditor repayments.

Beverly Hills men Gabriel Hay and Gavin Mayo face charges for scamming investors out of $22M through fraudulent crypto and NFT projects.

Key Takeaways: South Korea sanctioned 15 North Koreans and one organization for laundering stolen cryptocurrency funds. The sanctions target Bureau 313, tied to weapons programs, and hackers linked to the Lazarus Group. Authorities froze assets and urged exchanges to monitor activities, strengthening global cybersecurity efforts. South Korea has imposed sanctions on 15 North Korean individuals…