Author: Token Flash

Figma, the San-Francisco design-software company last privately valued at about $12.5 billion, has filed for an initial public offering with the U.S. SEC.Figma, the San-Francisco design-software company last privately valued at about $12.5 billion, has filed for an initial public offering with the U.S. Securities and Exchange Commission.The company’s S-1 registration statement shows it held roughly $69.5 million in Bitwise spot Bitcoin ETF shares on 31 March 2025. In a separate resolution on 8 May, Figma’s board authorised the treasury team to deploy a further $30 million in Bitcoin, to be funded using the USDC dollar-pegged stablecoin.The disclosure positions Figma…

The U.S. Treasury Department has imposed sanctions on the Russia-linked Aeza Group and Cloud Solutions, targeting their operations amid ongoing geopolitical tensions.The U.S. Treasury Department has imposed sanctions on the Russia-linked Aeza Group and Cloud Solutions, targeting their operations amid ongoing geopolitical tensions. Aeza Group, characterized by the Treasury as a “bulletproof hosting service,” has been accused of providing web hosting services to cybercriminals involved in ransomware attacks, infostealer operations, malware distribution, and illicit activities on the dark web. The sanctions include a crypto wallet linked to Aeza Group, holding approximately $350,000 in cryptocurrency, which was used for payments supporting…

Ripple has formed a strategic partnership with London-based financial-infrastructure provider OpenPayd to expand enterprise use of Ripple USD (RLUSD), a dollar-denominated stablecoin, and to speed cross-border paymentsRipple has formed a strategic partnership with London-based financial-infrastructure provider OpenPayd to expand enterprise use of Ripple USD (RLUSD), a dollar-denominated stablecoin, and to speed cross-border payments.Under the agreement, OpenPayd will integrate Ripple Payments into its real-time euro and sterling rails, and will offer businesses direct minting and burning of RLUSD through a single application-programming interface. The companies said the arrangement will let corporate clients switch seamlessly between fiat currencies and the stablecoin, giving…

Standard Chartered raised its price outlook for Bitcoin, saying the world’s largest cryptocurrency could climb to about $135,000 in the third quarter of 2025 and reach $200,000 by year-endStandard Chartered raised its price outlook for Bitcoin, saying the world’s largest cryptocurrency could climb to about $135,000 in the third quarter of 2025 and reach $200,000 by year-end. The London-based lender’s digital-asset research team, led by Geoff Kendrick, said in a report that continued inflows into US-listed spot Bitcoin exchange-traded funds and growing adoption of the token for corporate treasuries are likely to underpin the rally.The bank acknowledged that short-term volatility…

U.S. Securities and Exchange Commission Chair Paul Atkins said the agency views asset tokenization as a significant financial innovationU.S. Securities and Exchange Commission Chair Paul Atkins said the agency views asset tokenization as a significant financial innovation and is concentrating on ensuring that any such developments remain transparent for investors.Speaking on CNBC’s “Squawk Box” on 2 July, Atkins added that the SEC’s priorities include facilitating the tokenization of stocks and expanding public access to private markets, underscoring the regulator’s broader push to modernize market infrastructure while maintaining investor protections.This is an AI-generated article powered by DeepNewz, curated by The Defiant.…

The report from Glassnode and Bybit shows that Ethereum and Solana trading activity bounced back post-exploit, suggesting strong market resilience. The crypto market showed surprising resilience after the $1.4 billion Bybit hack in February, according to a new report from Glassnode and Bybit. Bybit, the third largest centralized cryptocurrency exchange (CEX), processed nearly $2.6 billion in trades in the past 24 hours, per CoinGecko.The hack, linked to North Korea’s Lazarus Group, drained over $1.4 billion in ETH from a Bybit cold wallet, making it the largest CEX-hack to date — as well likely the largest single exploit in any sector.…

The REX Shares ETF went live today and garnered $8 million in volume within the first 20 minutes, but SOL is lagging behind other major cryptocurrencies.Less than a week after Bloomberg ETF analyst Eric Balchunas reported that a Solana Staking ETF could launch soon, REX Shares’ Solana ETF went live today. However, SOL is underperforming ETH, despite decent trading volume on the ETF’s launch.SOL is up 4% today; however, ETH is leading all major tokens today and is up 6.9%, nearly reclaiming the $2,700 mark.Layer 1 Blockchains – CoinGecko The token’s underperformance may be due to the ETF being treated…

Ripple Labs has applied for a U.S. national banking license, according to the Wall Street Journal. Ripple Labs has applied for a U.S. national banking license, according to the Wall Street Journal. Securing such a charter would enable the blockchain-based payments company to offer banking services directly rather than relying on partner institutions.The move places Ripple among a growing group of cryptocurrency businesses seeking to bridge the gap with mainstream finance, a trend that has accelerated as digital-asset firms look for greater regulatory certainty and broader customer reach within the U.S. financial system.This is an AI-generated article powered by DeepNewz,…

Ethereum led all ecosystems in security losses in the first half of 2025, with DeFi platforms losing around $470 million, according to the blockchain security firm.The Ethereum ecosystem has been the most affected by security incidents in the first half of 2025, according to a mid-year report by blockchain security firm SlowMist.Out of 121 total recorded incidents, Ethereum-related projects suffered around $38.6 million in losses. DeFi platforms were the most frequent targets, accounting for 92 incidents and roughly $470 million in losses, or about 76% of all attacks during the period.Crypto Hacks in H1 2025There were fewer reported incidents in…

Coinbase continues to build out its crypto empire, acquiring token management startup Liquifi just two months after its $2.9 billion purchase of Deribit. Leading United States-based centralized cryptocurrency exchange (CEX) Coinbase has acquired Liquifi, a Dragonfly Capital-backed token management platform that helps companies manage their tokens.In a Wednesday blog announcement, Coinbase said the deal will help it work with new crypto startups earlier in their development, before they even launch a token. Liquifi’s tools will also be added to Coinbase Prime, the company’s platform for institutions.COIN shares 1-day chart. Source: Yahoo FinanceThe terms of the deal were not disclosed. Following…