Zug, Switzerland, July 29, 2025, Chainwire A pioneering blockchain infrastructure provider, Ika has officially launched the mainnet and marks a key milestone in blockchain interoperability. The launch will introduce the first ever Zero Trust Multi-Party Computing (MPC) network that allows native cross-chain asset control directly from smart contracts on SUI blockchain. IKA’s protocol allows SUI-based smart contracts to manage their native assets safely and seamlessly on many blockchains, including Bitcoin, Ethereum, Modern L1, and L2, without relying on bridges, token wrapping, or trusted third parties. This breakthrough eliminates common risks associated with cross-chain solutions, such as bridging protocols and wrap…
Author: ₿e Proud
Key Takeaways BitMine has authorized a $1 billion stock repurchase program following board approval. The firm holds significant Ethereum and Bitcoin reserves, with its Ethereum holdings valued at $2.35 billion. Share this article Ethereum treasury company BitMine Immersion Technologies (BMNR), backed by billionaire Peter Thiel and Cathie Wood’s ARK Invest, announced Tuesday that its Board of Directors has authorized a stock repurchase program of up to $1 billion, allowing the company to buy back common shares through open market purchases and negotiated deals.Thomas “Tom” Lee, Chairman of BitMine and founder and CIO of Fundstrat, said the move is part of…
The participation of the Ministry of Corporate Treasury in Ether (ETH) has skyrocketed in recent months, with institutional bodies currently holding 1% of the distribution supply of cryptocurrency, according to a report by Investment Bank Standard Chartered (STAN).Banks expect Ether Treasury Holdings to reach 10% of total supply over time, increasing 10 times from current levels.The pace of buying rivals will flow into spot ether exchange trade funds (ETFs), which are seeing record demand, the report says.Several companies recently announced etheric financial strategies that generate passive yields through ETH staking. These include Bitmine Immersion Technologies (BMNR) and Sharplink Gaming (SBET).The…
Mill City Venture has thrown $450 million to make SUI a major financial asset. This type of capital injection is rare in the crypto world, especially from companies registered with NASDAQ, which are transformed from traditional finance to digital assets. What makes it even more interesting is their almost bet on SUI, with 98% of the funds allocated to tokens.SUI Price Prediction: What do you say about the chart?SUI/USD Daily Chart- TradingViewSUI Price recently surpassed its major resistance of nearly $3.85 and tagged a Bollinger band that was nearly $4.35. The movement was followed by a short pullback, but the…
Key Takeaways The SEC has extended its review of the Grayscale Solana Trust ETF to October 10, 2025. Invesco and Galaxy Digital filed a joint application for a competing Solana ETF. Share this article The US Securities and Exchange Commission (SEC) has extended the review period for the proposed Grayscale Solana Trust ETF, delaying a final decision until October 10, 2025. The delay gives the agency additional time to assess the rule change needed to list the fund on NYSE Arca, according to the official filing.Grayscale first submitted its proposal in January 2025, later amending it in February. The SEC…
Ray Dalio, founder of Bridgewater Associates, is asking investors to allocate 15% of their portfolio to Bitcoin (BTC) or gold.”If you were optimizing your portfolio for a risk-to-risk ratio, you would have around 15% of your money in gold or bitcoin,” Dario said on Sunday’s Master Investors Podcast.The comments show a notable shift from the 2022 recommendation of just 1-2% in BTC, reflecting growing concern over what Dario calls the “debt doom loop.” He noted that he forecast a new $12 trillion Treasury Department issuance over the next year, which is needed to serve the US $36.7 trillion national debt.A…
After a historic 60-day run, Bitcoin (BTC) Premium has dissipated Coinbase premium, a key indicator of robust investor demand in the US, indicating a noticeable change in market dynamics.According to data source TradingView, BTC’s Coinbase Premium marked the first such instance since late May, making the difference in the ratio between Coinbase’s BTC/USD pair and BTC/USDT pair on Binance negative.The negative flip shows a new, relative weakening of demand from US investors, supporting an extended pullback case for BTC prices.The Coinbase Bitcoin Premium Index is a measure of the difference between the Bitcoin price in Coinbase Pro (USD pair) and…
Crypto Asset Manager Coinshares has launched a new Exchange-Traded product (ETP) that exposes investors to SEI (SEI), eliminates management fees and offers a 2% staking yield.Products listed under Ticker CSEI trade on Six Swiss Exchange. This marks the first regulatory investment instrument that provides direct access to SEI, a Layer-1 blockchain designed to support fast, low-latency trading infrastructure.Coinshares, who manages more than $8 billion in digital assets, said it aims to remove the hurdles of institutional investors who previously faced complex custody and operational requirements to access SEI.This product is physically supported by SEI tokens and automatically distributes 2% staking…
Rakbank, one of the oldest lenders in the United Arab Emirates (UAE), is making its retail customers accessible to cryptocurrencies through a partnership with Vienna-based Crypto Exchange Bitpanda, the company said Tuesday.Users can now access Bitcoin (BTC), Ethereum (Eth), Solana (Sol) and Ripple (XRP) via Rakbank’s mobile banking app. This allows you to plan to expand to more coins with offers over the next few months.The service includes avoiding typical foreign exchange charges related to buying and selling, exchange of crypto assets using Dirhams (AED), and trading in dollars or euros.Transactions are processed directly from the user’s savings or checking…
D2X, an Amsterdam-based crypto derivatives exchange designed for institutional investors, has raised 4.3 million euros ($5 million) in its strategic funding round.Circle Ventures, CMT Digital and Canton Ventures have joined Raise as strategic investors with new support from Point72 Ventures, Tioga Capital, GSR and Fortino Capital.Authorized as a Multilateral Trade Facility (MTF) under the EU’s MIFID II framework, D2X claims to be the first regulated crypto derivatives exchange in Tier-1 jurisdictions operating seven days a week. The company recently launched USD-controlled Bitcoin (BTC) and Ether (ETH) futures, and quickly predicted options for both assets.Crypto-driver space is heated by the large-scale…