A prediction market on Polymarket has sparked controversy after blockchain data revealed that a small group of wallets placed highly profitable bets before an investigation’s findings became public. The market, which generated roughly $40 million in trading volume, allowed users to wager on which crypto firm would be named in an exposé by on-chain investigator ZachXBT. When the report identified Axiom as the subject, several wallets that had heavily backed Axiom shares saw outsized returns. Lookchain reported that at least 12 wallets collectively earned more than $1 million. One address accumulated nearly 477,000 shares at an average price of $0.14,…
Author: Tristan Lodenberg
US-listed spot Bitcoin exchange traded funds have attracted more than $1.02 billion in net inflows over three consecutive trading sessions, signaling renewed investor confidence despite recent price weakness. Data from SoSoValue shows the strongest single-day intake during the stretch reached $506.5 million. The rebound follows a prolonged period of withdrawals after Bitcoin’s record high in October. Since that peak, total outflows have reached approximately $6.5 billion. However, analysts note that this figure remains modest compared with the roughly $55 billion that has entered the spot Bitcoin ETF category since January 2024. BlackRock IBIT Leads Bitcoin ETF Recovery The turnaround was…
Nasdaq listed Bitcoin miner TeraWulf reported full year 2025 revenue of $168.5 million, marking a 20.3% increase from the previous year. The results reflect early contributions from its expanding high-performance computing (HPC) operations, which generated $16.9 million in leasing revenue during the year. Despite top line growth, the company’s financial losses widened significantly. Net loss surged to $661.4 million in 2025, compared with $72.4 million in 2024. The firm also recorded a non GAAP adjusted EBITDA loss of $23.1 million. Fourth-quarter digital asset revenue declined to $26.1 million from $43.4 million in the prior quarter, largely due to lower Bitcoin…
Australia’s crypto sector is entering a new phase of maturity, marked by steady user growth and improving regulatory clarity. Industry leaders speaking at the XRP Australia 2026 in Sydney pointed to stronger engagement between policymakers and digital asset businesses as a sign of progress. Executives from Coinbase noted that government bodies, including Treasury and the Australian Securities and Investments Commission, have deepened their technical understanding of blockchain and digital assets. This regulatory upskilling has helped create a more constructive policy environment. Institutional exposure is also widening. Australia launched its first spot Bitcoin exchange-traded fund in June 2024, followed by an…
SBI Holdings has announced plans to launch a Japanese yen denominated stablecoin, JPYSC, in the second quarter of 2026, pending regulatory approval. The initiative is being developed in partnership with Startale Group and is positioned as Japan’s first trust bank-backed stablecoin. Issuance of JPYSC will be managed by SBI Shinsei Trust Bank, aligning the project with Japan’s digital asset regulations. Distribution is expected to be led by SBI VC Trade, the group’s crypto exchange arm, while Startale will oversee the technical infrastructure. Japan Stablecoin Regulation and Institutional Adoption The partners say the trust based framework is designed to strengthen governance,…
Vitalik Buterin has outlined a comprehensive roadmap to strengthen Ethereum against future quantum computing threats, identifying four key areas of vulnerability: validator signatures, data storage, user accounts and zero-knowledge proofs. As concerns grow that advanced quantum computers could eventually compromise traditional cryptographic systems, Buterin emphasized the need for long-term structural upgrades. One proposal involves replacing Ethereum’s current BLS consensus signatures with quantum-safe, hash-based alternatives. Selecting the appropriate hash function is critical, as it could define the network’s security foundation for decades. Upgrading Signatures, Data Storage and Proof Systems Ethereum’s existing data storage mechanism relies on KZG commitments. The proposed shift…
The XRPL Foundation has confirmed it successfully patched a critical vulnerability discovered in a proposed amendment to the XRP Ledger before it could be activated on mainnet. The flaw was identified during the amendment’s voting phase, preventing any direct risk to user funds. According to details shared by the foundation, the issue stemmed from a logic error in the signature validation mechanism within the updated code. If deployed, the weakness could have enabled attackers to submit unauthorized transactions from user accounts without possessing private keys. Such an exploit may have allowed malicious actors to transfer funds or alter ledger states…
Nasdaq has formally asked the US Securities and Exchange Commission to approve a new exchange-traded fund that would hold JitoSOL, a liquid staking token built on the Solana blockchain. If cleared, the product would mark the first US-listed ETF designed specifically around a liquid staking token rather than a spot cryptocurrency alone. What Is the VanEck JitoSOL ETF? The proposed fund, known as the VanEck JitoSOL ETF, would directly hold JitoSOL tokens created by the Jito Network. JitoSOL represents SOL deposited into a staking pool on Solana, allowing holders to earn staking rewards without operating validators. Instead of distributing rewards…
Shares of MARA Holdings climbed 17% in post-market trading after the Bitcoin mining firm announced a strategic partnership with Starwood Capital Group to develop large-scale artificial intelligence data centers across existing US sites. MARA and Starwood Target 2.5 Gigawatts of AI Capacity Under the agreement, Starwood will oversee design, construction and tenant sourcing through its digital infrastructure arm, Starwood Digital Ventures. The partners plan to deliver roughly 1 gigawatt of computing capacity in the near term, with ambitions to scale beyond 2.5 gigawatts over time. Both companies will jointly finance and operate the projects. Many of MARA’s facilities were originally…
Bloomberg is partnering with Kaiko to deliver licensed financial market data directly onto blockchain networks, a move aimed at strengthening data integrity across the fast-growing tokenized real-world asset sector. The collaboration focuses on embedding consistent pricing and reference data within blockchain-based systems rather than relying solely on traditional offchain databases. Tokenized US Treasurys and Repo Markets on Canton Network The first implementation centers on tokenized US Treasurys and repurchase agreement markets operating on the Canton Network, a permissioned blockchain built for institutional finance. By integrating Bloomberg’s licensed datasets through Kaiko’s infrastructure, the initiative seeks to ensure that banks, asset managers…
