Author: Isabella Taylor

Nasdaq-listed DeFi Development Corp has launched a $200M at-the-market equity program, pledging to issue stock only when it boosts “SOL per share” and fuels its Solana reserve strategy. Summary Nasdaq-listed Solana treasury vehicle DeFi Development Corp has launched a $200 million at-the-market (ATM) equity program to fund further SOL accumulation. The company says proceeds will primarily support its Solana reserve strategy and that it will only issue shares when doing so is “accretive” to the value of each shareholder’s SOL holdings. DeFi Development has previously used equity raises to scale its SOL treasury toward a long-term target of one SOL…

SOL Strategies is acquiring privacy-focused cross-chain aggregator HoudiniSwap for $18M in cash, notes, and stock as it builds an institutional Solana treasury and routing stack. Summary Nasdaq-listed Solana treasury firm SOL Strategies has agreed to acquire non-custodial cross-chain aggregator HoudiniSwap in a deal valued at $18 million. The consideration includes $8.25 million in cash, $5.75 million in six-month notes, and $4 million in STKE stock, priced off a 90-day VWAP. HoudiniSwap, which focuses on privacy-preserving cross-chain swaps and routing across CEXs, DEXs, and bridges, generated about $13 million in revenue last year. According to reporting from The Block, SOL Strategies has…

Bitmine Immersion Technologies said its Ethereum holdings reached 5,180,131 ETH as of May 3.  Summary Bitmine added 101,745 ETH last week, pushing total Ethereum holdings to 5.18 million tokens now. Staked ETH reached 4.36 million tokens, giving Bitmine about $10.2 billion in staked assets. Ethereum Foundation sales added context as Bitmine moved closer to its 5% ETH supply target. The company valued the position at $2,336 per ETH and said the holdings equal about 4.29% of the total ETH supply. The company said its crypto, cash, and other listed holdings totaled $13.1 billion. That figure included 5.18 million ETH, 200…

Cardano is now integrated into Scorechain’s compliance and investigation platform.  Summary Cardano added Scorechain compliance support for ADA, native tokens, risk scoring, investigations, and transaction monitoring. ADA stayed near $0.25 after the announcement, showing limited short-term reaction from traders so far. Whales bought over 10 million ADA as Cardano holders reportedly climbed past 4.5 million accounts. The update adds support for ADA and Cardano native tokens across risk scoring, entity attribution, and transaction monitoring. Scorechain said teams can now monitor, analyze, and investigate Cardano transactions in the same workflow used for other major blockchains.  According to the announcement, the integration…

GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $125 per share.  Summary GameStop offered $125 per eBay share, valuing the unsolicited takeover proposal at about $55.5 billion. Ryan Cohen would lead the combined company if GameStop’s cash-and-stock acquisition proposal for eBay succeeds. GameStop says $2 billion in yearly cost cuts could come within twelve months of closing. The proposed deal values eBay at about $55.5 billion on an undiluted equity basis. Meanwhile, the offer would use 50% cash and 50% GameStop stock. GameStop said the price represents a 46% premium to eBay’s unaffected closing price on February…

Dogecoin (DOGE) traded at $0.1118 at the time of writing, with 24-hour trading volume at $1.77 billion, according to data from crypto.news.  Summary Whales accumulated 160 million DOGE in 96 hours, adding fresh attention to Dogecoin’s breakout attempt. DOGE cleared $0.109 on rising volume, making that level the key support for bulls now. Santiment data showed record whale holdings, while traders watch $0.114 as the next resistance target. DOGE rose 4% in the past day and gained 14% over the past week.The move pushed Dogecoin above the key $0.109 level during early Asia trading.  Bitcoin also moved above $80,000 during…

Ethereum price is eyeing a breakout from the $2,400 resistance, which has capped the token’s gains over the past week. Summary Ethereum price is testing the $2,400 resistance after rebounding to $2,393, with repeated rejections keeping its price within a tight range. Technical indicators signal potential upside, with a looming MACD bullish crossover and Supertrend remaining in an uptrend since mid-March. ETF inflows ($101M) and declining exchange reserves (14.5M ETH, lowest since 2016) point to improving demand and reduced sell pressure. According to data from crypto.news, Ethereum (ETH) price rebounded 3.5% to $2,393 on May 4 before facing rejection at…

Stablecoins may need a new public identity as their role expands beyond crypto trading, according to Robert Hackett, head of special projects at a16z crypto.  Summary A16z says stablecoins now serve wider payment and finance roles beyond basic price stability. Robert Hackett argued the term still reflects crypto’s volatility problem, not today’s broader use. The stablecoin name may remain, even as digital dollars and onchain assets gain adoption. In a May 1 report, Hackett said the word came from crypto’s early years, when builders needed tokens that could hold steady value during sharp market swings. He said the name once…

A U.S. court order has placed Arbitrum DAO’s planned use of frozen hack funds under legal restraint. Summary A U.S. court has blocked Arbitrum DAO from moving 30,766 ETH tied to the Kelp DAO exploit after plaintiffs linked the funds to North Korea. Lawyers representing terrorism victims have argued the frozen ether can be seized to satisfy over $877 million in unpaid judgments against the DPRK. According to filings authorized by the U.S. District Court for the Southern District of New York, plaintiffs served a restraining notice on May 1 through Arbitrum’s governance forum, blocking any movement of 30,766 ETH,…

The U.S. Commodity Futures Trading Commission has received more than 1,500 public responses on its proposed rule for prediction market event contracts. Summary CFTC has received more than 1,500 public comments on its prediction markets rule, with firms backing its authority while state regulators push back. Kalshi, Polymarket, and Andreessen Horowitz supported the CFTC, urging it to retain exclusive control over event contracts. State gaming regulators from Pennsylvania, Tennessee, and Missouri said sports contracts resemble unregulated betting and should fall under state oversight. According to the CFTC, the comment period for its March proposal closed Thursday after drawing submissions from…