Day: September 8, 2025

HashKey launches $500M Digital Asset Treasury fund in Hong Kong

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Hong Kong-based HashKey Group said it launched a $500 million investment fund targeting digital asset treasuries (DATs), initially focusing on exposure to Bitcoin and Ether’s price performance. The fund is structured as a perpetual, institutional-only vehicle allowing regular subscriptions and redemptions, similar to an open-ended crypto hedge fund, HashKey said in a statement. Unlike a passive exchange-traded fund (ETF), HashKey’s fund is designed to invest in projects and companies deploying DAT strategies. The launch comes after Nasdaq announced enhanced scrutiny of listed companies’ crypto holdings on Thursday, a move HashKey framed as…

OpenSea Debuts NFT Reserve with CryptoPunk Purchase

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NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant” non-fungible tokens (NFTs). OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk collection — widely considered Ethereum’s first NFT profile picture (PFP) collection. “To us, culturally relevant NFTs are works that have made an impact: creatively, socially, or technologically,” OpenSea Chief Marketing Officer Adam Hollander told Cointelegraph. “They might represent a defining moment in NFT history, introduce a new artistic style, or come…

SEC Crypto Task Force to host October 17 roundtable on financial surveillance and privacy

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Photo: Tierney L. Cross Key Takeaways The SEC will host a Crypto Task Force roundtable on financial surveillance and privacy on October 17. Commissioner Hester Peirce stressed the importance of privacy-protecting tools for crypto policy discussions. Share this article The SEC’s Crypto Task Force will host a public roundtable on financial surveillance and privacy at its Washington headquarters on October 17 from 1 p.m. to 4 p.m. The event will bring together panelists working on technologies to protect individual privacy and explore policy issues around surveillance in financial markets. Commissioner…

MoonPay, Agora Coalition Challenges Stripe For USDH Issuance

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Stripe is facing pushback in its bid to issue Hyperliquid’s planned USDH stablecoin, as a coalition of crypto firms, including MoonPay, Agora and Rain lined up competing proposals alongside Paxos and Frax. In a Friday Discord message, the Hyperliquid team announced it wants to create a “Hyperliquid-first, Hyperliquid-aligned, and compliant USD stablecoin” with the USDH ticker. This was followed by the Native Markets teams submitting the first proposal, which would see Stripe’s stablecoin payment processor, Bridge, issue USDH. Native Market’s proposal promised to contribute “a meaningful share of its reserve…

BTC Mining Difficulty Climbs to All-Time High Amid Surging Miner Activity

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Bitcoin’s mining difficulty has once again hit a new all-time high. This time, it has soared above 136 trillion, indicating increased activity among miners. According to on-chain data from the blockchain analytics platform CryptoQuant, the network’s mining difficulty has been steadily increasing since mid-July. Mining Difficulty Surges The Bitcoin mining difficulty is a measure of how difficult it is for miners to solve cryptographic puzzles and validate new blocks. The goal is to complete bitcoin block creation in approximately 10 minutes, secure the decentralized network, and ensure a sustainable creation…

Michael Saylor’s Strategy Buys $217M Bitcoin As Price Holds Firm

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Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency as the BTC price edged up slightly last week.  Strategy acquired 1,955 Bitcoin (BTC) for $217.4 million between Sept. 2 and 7, according to a Tuesday US Securities and Exchange Commission filing. The purchase was made at an average price of $111,196 per coin as the cryptocurrency briefly surged above $113,000 last Friday before slipping to around $110,000, according to CoinGecko. With the new acquisition, Strategy’s total Bitcoin holdings totaled 638,460 BTC as of Sunday, purchased for…

Bitcoin Long-Term Holders Offload 241,000 BTC as Bears Eye $95K

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Key takeaways: Long-term Bitcoin holders sold 241,000 BTC over the past 30 days. BTC price bear flag targets $95,500.  Bitcoin (BTC) long-term holders have sold more than 241,000 BTC over the past month. Continued selling could send the price toward $95,000 or lower, according to analysts. Bitcoin long-term holders sell $26 billion worth of BTC Bitcoin long-term holders (LTHs) — entities holding coins for at least six months — have started to offload coins as BTC price hit new all-time highs above $124,500 in August. Related: Bitcoin taps $111.3K as…

How to Set Up a Bitcoin Inheritance Plan to Protect Your Crypto

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Key takeaways A crypto inheritance plan is vital because losing private keys or seed phrases can permanently make assets like Bitcoin, Ether and NFTs unrecoverable. A strong inheritance plan includes asset inventories, secure access instructions and a trusted executor, ensuring heirs can safely and legally access holdings. Privacy must be protected using encrypted files, sealed documents or decentralized identity tools rather than exposing sensitive details in public wills. Balancing custodial and non-custodial solutions helps secure assets while simplifying transfers, avoiding mistakes like storing everything on exchanges or sharing keys insecurely.…

Vitalik Praises Lean Ethereum Team Progress on Long-Term Scaling Roadmap

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“The Lean Ethereum team has been doing a truly amazing job kicking into gear this year, and delivering on all fronts to ensure Ethereum’s long-term scaling, decentralization, and resilience,” said Vitalik on Sunday. He added that he expects all of these ideas to be ready to kick into gear at roughly the same time as the short-term scaling roadmap delivers on its key milestones. Lean Ethereum is a minimal zkVM (zero-knowledge virtual machine) proposal from developers intended to provide a recursion-friendly virtual machine for ZK-proofs. Essentially, it is a stripped-down, more…

Germany Missed $5B Bitcoin in Piracy Case, Says Arkham

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German authorities may have missed around 45,000 Bitcoin tied to the movie piracy site Movie2K, meaning there could be another $5 billion worth of Bitcoin that could eventually be seized and sold.  Crypto intelligence platform Arkham said on Friday that it found more than 45,000 Bitcoin (BTC) that “still remains in wallets belonging to Movie2K,” which is worth “almost as much as the amount seized” last year by Germany. German police seized nearly 50,000 BTC in January 2024, which it sold later that year, just months before the cryptocurrency’s price…