OpenAI has officially denied any involvement in a tokenized equity sale listed on Robinhood’s European platform, calling the offering unauthorized and misleading. This warning highlights the growing legal gray areas surrounding tokenized shares of private companies in the secondary market. OpenAI: No Partnership, No Approval In a public statement on social media, OpenAI declared that the so-called “OpenAI tokens” offered via Robinhood are not legitimate equity in the company. “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it,” the company stated.“Any transfer of OpenAI equity requires…
Author: Blockto Team
Tim Heath, a prominent Australian crypto billionaire and founder of Yolo Group, narrowly escaped a violent kidnapping attempt in Estonia by biting off part of a kidnapper’s finger, according to recent courtroom revelations. Brutal Ambush Thwarted in Seconds The incident took place in July 2024, when two men disguised as painters ambushed Heath in the stairwell of his Tallinn apartment building. Heath, worth an estimated $1.61 billion AUD, was reportedly targeted for his cryptocurrency holdings. During the 30-second struggle, one attacker — later identified as Allahverdi Allahverdiyev, an Azerbaijani national and former boxer — attempted to silence Heath by covering…
A major legal breakthrough has been granted to bankrupt crypto lender Celsius Network, as a New York bankruptcy judge has allowed it to move forward with the majority of its $4.3 billion lawsuit against Tether, the issuer of the world’s largest stablecoin. Celsius Alleges Improper Liquidation of 40,000 Bitcoins In its lawsuit, Celsius accuses Tether of liquidating nearly 40,000 BTC — worth over $4.3 billion at today’s prices — in June 2022, just before Celsius suspended withdrawals. The company claims Tether failed to give the required 10-hour window to post additional collateral, as outlined in their lending agreement. “If Celsius…
AVM (Agent Virtual Machine) has seen a strong short-term rally, with the token climbing as high as $0.2467 before pulling back slightly. As of today, AVM is trading around $0.2389, driven by increased investor interest and improved on-chain activity. Price Overview: Key Metrics Technical Picture: Breakout Signs After consolidating near the $0.20 level in late June, AVM saw a sharp breakout on strong volume, reclaiming its February–March highs. Why Is AVM Moving Higher? A few factors are fueling the rally: 1. Elevated Trading Volume – Daily volume has climbed to ~$1 million, signaling fresh capital entry .2. Renewed Community Interest – Bullish…
The U.S. crypto market has reached a new milestone with the launch of the first Solana staking ETF, giving investors secure, regulated access to Solana (SOL) and its staking rewards through a traditional exchange-traded fund. What Is the REX-Osprey Solana Staking ETF? The REX-Osprey Solana + Staking ETF (Ticker: SSK) began trading on the Cboe exchange at $25.47 per share. This innovative financial product combines exposure to Solana’s price movements with staking reward generation, a unique feature not previously available in U.S.-listed ETFs. SSK allows investors to participate in Solana’s proof-of-stake blockchain without managing wallets, delegating tokens, or understanding technical…
Bitcoin mining firm Hut 8 (NASDAQ: HUT) saw its stock price jump over 15% following the announcement of a five-year capacity contract with Ontario’s Independent Electricity System Operator (IESO). The agreement, focused on providing 310 megawatts (MW) of natural gas-based electricity, offers a steady revenue stream and positions Hut 8 as a strategic energy player in Canada’s growing power market. Details of the Energy Deal The contract, starting in May 2026, will see Hut 8 earn an average of CAD $530 per megawatt-business day in its first year — equivalent to roughly USD $388.5, with partial inflation protection built in.…
Cardano (ADA) is once again drawing attention as bullish patterns emerge on its price chart, backed by strong whale activity and anticipation of a major 2025 protocol upgrade. After enduring a 25.3% drop over the past month, ADA appears to be reversing course, with analysts pointing to a potential breakout from a falling wedge pattern — a classic bullish reversal setup. ADA Rebounds from Key Support Zone Market analyst Lingrid highlighted that Cardano is rebounding off the $0.5585 support, forming higher lows — a sign of waning bearish momentum. “ADA is rebounding strongly from the base of a descending channel,”…
Bitcoin (BTC/USD) has climbed back above the $109,000 mark, showing signs of strength despite lingering macroeconomic concerns and ETF outflows. This movement hints at renewed buying interest and improving market sentiment. BTC/USD Price Update: Bulls Reclaim Key Level As of July 2, 2025, Bitcoin is trading at approximately $109,300, recovering strongly from recent lows near $105,000. The rebound follows a temporary dip to fill the CME futures gap and now positions BTC at the upper boundary of a descending channel that has persisted since late May. The breakout above $109K signals a potential shift in momentum, challenging the short-term bearish…
Funding Deal Highlights Bold Solana Accumulation Plan DeFi Development Corp. (DFDV), a leading Solana-focused treasury firm, has disclosed the terms of a $112.5 million private placement aimed at significantly increasing its SOL holdings. The deal, which involves convertible notes and a complex “prepaid forward” financial strategy, reinforces DDC’s aggressive strategy to become a major institutional player in the Solana ecosystem. Funding Structure: Convertible Notes and Prepaid Forward According to the announcement on July 2, DeFi Development Corp. will issue convertible notes with a 5.5% interest rate, maturing in 2030. These notes carry a 10% premium to the stock’s closing price…
A Milestone for Belgium Banking and Crypto Adoption KBC Bank, one of Belgium’s largest and most influential financial institutions, is preparing to offer Bitcoin (BTC) and Ethereum (ETH) investments to its retail customers via its Bolero online investment platform, pending regulatory approval expected by autumn 2025. This move marks a significant step in crypto adoption among traditional banks in Europe and would make KBC the first major Belgian bank to directly support cryptocurrency investment for individuals. Crypto Access via Bolero Platform The initiative will be carried out through Bolero, KBC’s popular online trading platform for retail investors. Once approved, customers…