Web3 action roguelite game Spekter Agency has announced a $5M pre-seed raise – coinciding with the Open Beta launch of the title on Telegram.Led by a16z Speedrun, the $5M raised will go towards scaling and distribution of the title, as well as help fund the development of the team’s next game – which is already in production.The game is now free to play on Telegram, with progress – such as stage clears, gear obtained, Sparks earned and more – now being tied to your account and carried forward as you play.Key InsightsSpekter Agency has entered Open Beta on Telegram, alongside…
Author: cryphedge
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Key takeaways Fartcoin is up 5% in the last 24 hours and now trades at $1.01 per coin. The memecoin remains bearish despite its recent rally. Fartcoins and other leading memecoins remain bearish The broader cryptocurrency market is recovering from the recent bearish trend caused by the Middle East conflict. Bitcoin, Ether, XRP, and other major cryptocurrencies all recorded excellent gains this week. However, the memecoin narrative in the broader crypto market remains negative, with most memecoins still in the red. Fartcoin, Dogecoin, Shiba Inu, and Pepe all recorded losses over the last seven days. Fartcoin has crossed the $1…
Crypto strategist Adam Livingston claims that firms like MicroStrategy and Metaplanet are leading a speculative attack against fiat currencies by raising capital in dollars and converting it directly into Bitcoin (BTC).This practice, he argues, is draining liquidity from the traditional financial system and shifting value into Bitcoin, effectively exiting fiat while still operating within it.Companies Leading the BTC Treasury ShiftPublic companies now hold 833,214 BTC, worth over $89.21 billionPrivate firms hold 421,641 BTC, valued at $45.14 billionTop Public Holders:MicroStrategy: 592,345 BTC ($63.42B)Marathon Digital, Twenty One Capital, Riot Platforms, CleanSpark, MetaplanetTop Private Holders:Block: 140,000 BTC ($14.99B)Tether: 100,521 BTCXapo Bank: 38,931 BTCBitMEX,…
Key takeaways SEI has reclaimed the $0.30 psychological level, paving the way for further rally. The positive performance comes despite Bitcoin and other major cryptocurrencies recording losses. SEI rallies as BTC and others falter SEI, the 47th-largest cryptocurrency by market cap, is one of the best performers in the top 100 over the last 24 hours. The coin added 5% to its value during that period, allowing it to reclaim the $0.30 mark. The positive performance comes despite Bitcoin, Ether, XRP, and other major cryptocurrencies recording losses. Bitcoin failed to build on its earlier momentum and now looks set to…
SOL Strategies announced the acquisition of 52,181 JTO tokens as part of its newly launched Strategic Ecosystem Reserve (SER). The move is part of the company’s commitment to supporting key projects within the Solana ecosystem, starting with Jito Network. Despite this bullish news, Jito’s price has experienced a decline of 2% over the past 24 hours, trading around $1.93 as of writing. Jito (JTO) tokens trade near $1.93 on Friday as their decline in recent weeks extends despite top news from SOL Strategies, a publicly traded Solana infrastructure company. According to market data, JTO price is down 2.2% in the…
Genius Group plans to split lawsuit wins between shareholder dividends and Bitcoin. The company is pursuing two lawsuits seeking over $1 billion in shareholder-related damages. Genius Group’s current BTC holdings stand at 100 BTC and it now targets 1,000 BTC as part of its treasury plan. Singapore-based edtech firm Genius Group has unveiled an ambitious plan to share potential legal windfalls from its ongoing billion-dollar lawsuits with shareholders while simultaneously deepening its investment in Bitcoin. In a move that could reshape the company’s financial future, the Board of Directors has approved a distribution framework that will allocate all net proceeds…
The first half of 2025 exposed deep vulnerabilities in the crypto industry, with hackers stealing over $2.1 billion across 75 separate incidents.This marks a 10% increase from the previous H1 record of $2 billion in 2022 and nearly matches the full-year figure for 2024, which closed at $2.2 billion, according to a report from blockchain intelligence firm TRM Labs.Crypto Hacks as of H1 2022 – 2025 (Source: TRM Labs)This uptick in losses was primarily driven by a single event. A massive $1.5 billion exploit targeting Bybit in February accounted for nearly 70% of all crypto thefts in H1 2025.However, even…
Coinbase CEO Brian Armstrong has revealed that the exchange is steadily acquiring Bitcoin weekly, signaling what many believe could be the early stages of a treasury-building effort.Armstrong shared the update on June 27, stating that Coinbase has adopted a “Long Bitcoin” strategy. However, he stopped short of confirming whether these acquisitions are explicitly intended to form a corporate Bitcoin reserve.The announcement comes shortly after Bitcoin Magazine CEO David Bailey publicly encouraged Coinbase to establish a formal Bitcoin treasury.Is Coinbase adopting a Bitcoin Treasury move?While Armstrong did not disclose the scope or purpose of the weekly purchases, the timing has sparked…
Pi Coin (Pi Network/PI) fans are eagerly looking forward to the upcoming Pi2Day event. The team has chosen June 28 as this year’s date, which is numerically twice the value of Pi (3.14 X 2= 6.28). Let’s look at what the team has in store for this year’s event.Everything About Pi Coin’s Pi2Day EventSource: Bankless Times2025 will be quite different from the 2024 event. Last year, the team revealed their Progress to Open Network campaign. The campaign had millions of users completing their KYC. The team also tested new applications on the PI network ahead of the mainnet launch. 2024…
