Multicoin Capital has exited its disclosed stake in Forward Industries, the largest Solana treasury company, according to SEC filings. The crypto investment firm had been one of the three lead investors, alongside Galaxy Digital and Jump Crypto, behind the $1.65 billion financing that launched Forward’s Solana treasury strategy in September 2025. The three sponsors collectively…
The SEC was ready to release at least some part of the innovation exemption alongside its now-canceled open meeting for “Reg Crypto” on Friday.
The first major crypto rule to be proposed by the U.S. Securities and Exchange Commission will have to wait a bit longer after a sudden postponement.
Security flaws across major x402 payment facilitators could expose facilitator-held assets and leave merchants without receiving payment for services provided, according to new research presented at the 35th USENIX Security Symposium. Researchers tested 15 major x402 facilitators, including Coinbase, Thirdweb, PayAI and Mogami, and found that every platform violated at least one security rule. They…
Boltz has suspended its Bitcoin swap service after a series of AI-assisted attacks caused losses for the bootstrapped five-person company, with the shutdown announced on August 3 and a new group of veteran Bitcoiners now preparing to take over the project. The episode points to a growing security problem for small open-source crypto services, where…
Tokens held by DATA Foundation’s team and lead investors did not begin unlocking on Aug. 13, despite that date appearing in the project’s earlier public supply schedule. The organization, formerly called Story Foundation, said on June 25 that its team and lead investors had extended their token lockups by 18 months. Read alongside the previous…
GSR said its Core3 model portfolio increased its allocation to Solana to 43.7%, while cutting its Ether holdings to 39.5% and Bitcoin slightly to 16.9%. The change came as crypto markets stayed “constructive” over the past week, according to the trading firm. GSR Leans Toward Solana In its update, GSR noted that trading remained relatively…
GameSquare Holdings reported stronger second-quarter operations alongside a $7.83 million crypto-linked accounting loss. The gaming and creator-economy company ended June with $2.1 million in cash and $12.1 million of current promissory notes payable, making the availability of GameSquare crypto holdings central to the liquidity picture. The company’s Aug. 12 earnings exhibit listed 15,080.51 ETH at…
The entity behind the world’s largest stablecoin has announced that KPMG U.S. issued an unqualified audit opinion on the financial statements of Tether International, S.A. de C.V. for the year ended December 31, 2025. This is the first full financial statement audit in the history of the company behind USDT. An unqualified opinion carries no reservations,…
DeFi Development Corp., which holds Solana’s SOL token as a treasury asset, reported a $27 million second-quarter loss. It is also retrenching, closing its Treasury Accelerator to new deals, lowering costs, and repurchasing convertible debt below face value. The company said in an Aug. 12 shareholder letter that its net loss on digital assets was…