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Franklin Templeton Builds Active Crypto Arm to Chase Institutional Money

Franklin Templeton has completed its acquisition of 250 Digital and formally established Franklin Crypto, a dedicated active digital asset management division aimed at institutional investors. A New Division With Deep Roots The deal closes with the full 250 Digital investment team joining Franklin Templeton, along with all liquid cryptocurrency strategies previously run by Coinfund. Franklin […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman22 Jun

Moneygram Runs Solana Validator Node, Processing Blocks on the Network It Moves Money On

Moneygram has joined Solana’s proof-of- stake network as an active validator, staking SOL and processing transaction blocks on one of the highest-throughput blockchains in operation today. Moneygram Enters Solana’s Validator Set The Dallas-based global payments company announced the move on Monday, marking its first direct participation at the protocol level of any public blockchain network. […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman22 Jun

Strategy Grabs 520 More Bitcoin for $35M Despite Sitting Nearly $10B Underwater

Strategy founder Michael Saylor announced Monday that the company acquired 520 bitcoin for approximately $35 million, a noticeably smaller tranche than recent weeks, bringing the firm’s total reserve to 847,363 BTC. Smaller Buy, Same Cadence The purchase marks the third consecutive week of bitcoin accumulation for Strategy. Saylor disclosed the transaction in a Monday morning […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman22 Jun

Taiko Halts Withdrawals as Hackers Pull $1.7M Through Bridge Validation Flaw

Ethereum scaling solution Taiko confirmed that its bridge source-signal proof validation mechanism was compromised, allowing hackers to bypass protocols and drain an estimated $1.7 million from its ERC-20 vault. Technical Flaw Leads to $1.7 Million Loss Ethereum scaling solution Taiko confirmed June 22 that its chain state verification mechanism had been compromised. As a consequence, […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara22 Jun

Franklin Templeton Files New Bitcoin DRIP ETFs That Turn Stock Dividends Into BTC

Franklin Templeton has proposed two ETFs that pair broad U.S. stock exposure with a rules-based bitcoin allocation tied to dividend reinvestment. Proposed ETFs Blend US Stocks With Systematic Bitcoin Exposure Franklin Templeton ETF Trust has amended its existing Securities and Exchange Commission (SEC) registration framework to add two proposed exchange-traded funds (ETFs) that would combine […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms22 Jun

Bitcoin Faces Institutional Demand Shortfall as Coinbase-Binance Gap Flashes Warning

Professional investors have yet to return to the bitcoin market in force, with a key measure of exchange pricing showing persistent caution among U.S.-based institutions. Analysts say the extended discount on Coinbase relative to Binance points to weak institutional demand, while retail participation continues to provide support for market activity. Institutional Buyers Stay on the […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms22 Jun