Digital asset infrastructure firm Talos has secured an additional $45 million through an extension of its Series B funding round, lifting the company’s valuation to approximately $1.5 billion. The latest raise brings in new strategic investors, including Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside continued support from existing institutional backers. The funding extension reflects growing interest from large financial and technology players seeking exposure to institutional-grade crypto infrastructure. Talos stated that the decision to expand the round was driven by demand from strategic partners looking to collaborate more closely with the platform. Expansion of Trading and Tokenization…
Author: Tristan Lodenberg
Bitcoin extended its sharp decline on Thursday, briefly falling to the $81,000 level before stabilizing slightly higher. The move capped a brutal 24-hour period in which the largest cryptocurrency by market value lost nearly $10,000, rattling traders and triggering widespread liquidations across the digital asset market. The sudden drop wiped out a significant amount of leveraged positioning. In just one hour, more than $777 million worth of long positions were forcibly closed, with total liquidations exceeding $1.7 billion over the past day. Such rapid liquidations often amplify downside volatility, accelerating price declines during periods of weak sentiment. Altcoins Slide as…
The UK House of Lords Financial Services Regulation Committee has launched a formal inquiry into proposed stablecoin regulations, as the Bank of England (BoE) and the Financial Conduct Authority (FCA) move closer to finalizing rules for the sector. The inquiry seeks evidence from industry participants, experts, and the public on how stablecoins could reshape the UK’s financial system. Lawmakers will examine the potential effects of fiat-backed stablecoins on banking, payments, and financial stability, alongside opportunities created by their growing adoption. The committee aims to assess whether the regulatory approach outlined by the BoE and FCA is measured, proportionate, and fit…
Bitcoin dropped sharply to its lowest level in two months, sliding to around $83,000 after a sudden wave of selling swept through global markets. The move marked a nearly 6% daily decline, catching traders off guard as cryptocurrencies moved in tandem with stocks and precious metals. The sell-off followed an abrupt reversal in gold and silver, which had recently surged to record highs before experiencing a rapid retracement. Gold fell hundreds of dollars within minutes, creating a broader risk-off environment that spilled into digital assets. Liquidations and Technical Breakdown Add Pressure Bitcoin’s decline was intensified by heavy leveraged liquidations, with…
South Korea has approved sweeping changes to its crypto licensing framework, signaling a tougher regulatory stance on digital asset platforms and their owners. The amendments strengthen oversight, expand background checks, and give regulators broader authority over who can operate in the country’s crypto market. Expanded Licensing and Shareholder Scrutiny Under the revised rules, regulators will now examine not only executives but also controlling and major shareholders of crypto exchanges. Background checks have been widened to cover serious economic crimes, tax evasion, drug-related offenses, fair-trade violations, and breaches of crypto user protection laws. Authorities are also empowered to assess a firm’s…
21Shares has expanded its European crypto investment offerings with the launch of a new exchange-traded product that blends direct Solana price exposure with liquid staking rewards. The product is designed for investors seeking yield without the technical complexity of onchain staking. The newly launched 21Shares JitoSOL ETP (JSOL) provides exchange-traded access to JitoSOL, one of the largest liquid staking tokens on the Solana network. By holding JitoSOL, investors maintain full exposure to SOL while earning two distinct yield streams: traditional staking rewards and a share of transaction-related revenue generated through Jito’s Solana infrastructure. How the JitoSOL ETP Works The structure…
The US Senate has taken a significant step toward reshaping crypto regulation, as lawmakers began the formal markup of a long-awaited crypto market structure bill. The session marks a critical moment in Congress’ effort to move away from enforcement-driven oversight and toward a clear statutory framework for digital asset markets. The proposal, developed over several months, aims to define regulatory responsibilities for cryptocurrencies, trading platforms, and intermediaries. Debate during the markup highlighted lingering divisions over ethics provisions, regulatory authority, and market oversight, signaling that negotiations are far from settled. Sen. Cory Booker, D-NJ cited work done between Republicans and Democrats…
Six U.S. Senators have sent a letter to Deputy Attorney General Todd W. Blanche, seeking details regarding potential conflicts of interest in his decision to scale back the Department of Justice’s cryptocurrency enforcement. The letter raises concerns that Blanche held significant cryptocurrency holdings while directing the disbanding of the DOJ’s National Cryptocurrency Enforcement Team. Allegations of Financial Conflict The letter claims Blanche owned Bitcoin and Ether valued between $158,000 and $470,000 when he issued the memo titled “Ending Regulation by Prosecution” in April 2025. The memo instructed prosecutors to focus on individuals committing crimes with crypto, rather than targeting platforms…
Bitcoin experienced a notable downturn during the latest trading session, briefly falling below the $85,500 USDT level before stabilizing. At the time of reporting, Bitcoin was trading around $85,963 USDT, marking a daily decline of approximately 3.7%. The move reflects renewed volatility across the digital asset market, following a period of relatively stable price action near recent highs. Market participants pointed to profit-taking and macro uncertainty as key drivers behind the sudden pullback. Elevated leverage in derivatives markets may have amplified the downward move, triggering liquidations as Bitcoin slipped through key technical support levels. Ethereum Falls to $2,850, Adding to…
The U.S. Securities and Exchange Commission (SEC) has issued new guidance on tokenized securities, distinguishing between issuer-sponsored and third-party models. The move clarifies that blockchain issuance does not exempt securities from federal regulations. Issuer-Sponsored Tokenized Securities Issuer-backed tokens allow companies to tokenize their own securities, either by updating ownership records directly on-chain or issuing crypto assets that trigger off-chain ledger updates. The SEC emphasized that all traditional securities laws, including registration requirements, still apply regardless of the issuance format. Securitize said in a post to X on Wednesday; Third-Party Tokenization Third-party models involve custodial or synthetic structures. In the custodial…
