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According to Axios, citing people familiar with the matter, crypto payments and settlement company Mesh is raising a new funding round at a valuation of up to $2 billion, with Binance planning to lead the round. The report said demand for digital asset–fiat transfer, payment and settlement infrastructure is growing as stablecoin rules become clearer and tokenization accelerates.

Bloomberg ETF analyst Eric Balchunas cited SEC Investment Management Division official Brian Daly as saying that the SEC receives about 200 ETF applications per month, including prediction market products. Daly said the agency is studying a more robust approval process, including allowing some ETF applications to be filed confidentially to protect innovation and prevent copycat filings.

Strategy CEO: How Do We Decide to Sell Bitcoin? Not an Impulsive Decision
On June 19, 2026, Strategy CEO Phong Le detailed the internal decision-making process behind selling 32 Bitcoins in an interview with Coinage. He stated that as a NASDAQ-listed company, their actions are never impulsive.
The team maps out capital optionality quarterly, runs sophisticated financial models monthly to analyze equity and credit quality, and coordinates daily operations with Michael Saylor and the trading team. Furthermore, they use tools like Grok sentiment analysis on X to ensure every financial move is backed by rigorous data analytics.

Predictive behavioral AI network THEA raised $8 million in a round led by Maven11 Capital, Spartan Group, ManifoldTrading, HackVC and Fisher8 Capital. The funding will be used to expand its operational AI infrastructure and Solana-based on-chain coordination layer. THEA plans to launch THEA Network on Solana to coordinate inference requests, accounting and on-chain settlement, while computation remains off-chain.

A report by BeInCrypto Research and rwa xyz found that the tokenized real-world asset (RWA) market reached approximately $60 billion as of May 2026, excluding stablecoins and repurchase agreements. The market remains highly concentrated, with just 62 assets accounting for about 88% of total value, while five products alone represent roughly half of the market.
Meanwhile, 56% of market value shows no weekly on-chain transfer activity, 97% of the market remains inaccessible to U.S. retail investors, and only tokenized U.S. Treasuries have reached “Production Grade.” The report says a significant share of tokenized assets remains at the representation stage, with the infrastructure needed to improve distribution, liquidity and composability still under development.

Digital asset tokenization platform Securitize has officially listed on the New York Stock Exchange (NYSE) under the ticker SECZ. The company provides tokenization infrastructure for capital markets, supporting the issuance and trading of a wide range of real-world assets (RWAs). Proceeds from the offering are expected to be used to further strengthen its compliant infrastructure and expand its tokenization business.

According to BlockStories, CACEIS, the custody banking subsidiary of France’s second-largest bank, Crédit Agricole, is in exclusive talks to acquire French crypto investment platform Meria. Formerly known as Just Mining, Meria was co-founded by prominent French crypto KOL Hasheur (Owen Simonin). The company holds a MiCA CASP license, serves 150,000 users, manages approximately €350 million in assets under management (AUM), and primarily offers crypto brokerage and staking products.

U.S. unemployment rate fell to 4.2% in June, the lowest since June 2025, versus 4.3% expected and 4.3% previously. Nonfarm payrolls increased by 57,000 in June, below the 110,000 consensus forecast, while the prior reading was revised down to 129,000 from 172,000. Initial jobless claims for the week ended June 27 came in at 215,000, below the 220,000 forecast, with the prior week's figure revised to 216,000 from 215,000.

According to Bloomberg, Erebor Bank, founded by Anduril Industries founder Palmer Luckey and backed by Peter Thiel, is in talks to raise funds at a valuation of at least $8 billion, nearly doubling its $4.35 billion valuation from the end of last year. Erebor focuses on serving enterprises in the defense tech and cryptocurrency sectors and has secured a national bank charter from the Office of the Comptroller of the Currency (OCC). Previous investors include Lux Capital, 8VC, a16z, and Founders Fund.

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JPMorgan said Bitcoin mining economics have continued to deteriorate in 2026, with BTC trading below its estimated production cost of about $78,000 for five straight months. Around 20% of miners are currently operating at a loss. The report said miners have become more sensitive to price moves, as high-cost miners may shut down machines when BTC falls below production cost, pushing down network hashrate and mining difficulty. Publicly listed miners sold more than 32,000 BTC in Q1 2026 to cover operating expenses, exceeding their total sales for all of 2025. JPMorgan expects hashrate and mining difficulty volatility to remain elevated as long as BTC stays below production cost. (The Block)
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According to Galaxy Research, Bitcoin completed its 11th-largest mining difficulty decline in history at block height 953,568, with difficulty falling 10.09% from 138.96T to 124.93T, marking the second-largest downward adjustment of 2026. Galaxy Research noted that Bitcoin’s price fell by around 15% in June, squeezing miners’ profit margins and forcing part of the network hashrate offline. As a result, the latest difficulty epoch lasted 15.6 days, longer than the target adjustment period of roughly 14 days.
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According to Galaxy Research, Bitcoin mining difficulty has fallen nearly 20% from its all-time high, indicating that miners are entering a capitulation phase. This also marks the largest peak-to-trough decline in Bitcoin mining difficulty since China’s mining ban in 2021.
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As Bitcoin recently pulled back to around $62,000 and on-chain activity slowed, Bitcoin mining profitability has fallen to an all-time low, raising market concerns over potential selling pressure. Data from Luxor’s Hashrate Index showed that the estimated daily mining revenue per terahash, or hashprice, dropped to a record low of $0.028 per TH/s on Tuesday, down from $0.039 last month. Taking the Antminer S21 XP Hydro as an example, assuming an electricity cost of $0.07 per kWh, its estimated monthly gross profit fell from $192 last month to $137. Glassnode data also showed that the 14-day average net position change of miner and mining pool addresses has remained negative since early May. (Cointelegraph)
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Bitcoin miners’ total revenue reached approximately $1.086 billion in May, surpassing $1 billion for the first time since January 2026. Around $1.079 billion came from block subsidies, while transaction fees accounted for only a small share. Although miner revenue rebounded in May, profitability has come under renewed pressure after BTC recently fell below $66,000. Over the past 30 days, miners’ hashprice declined by about 17.8%, from $37.44 per PH/s per day to around $30.77, while total network hashrate also retreated from around 1,000 EH/s to below 975 EH/s. (Bitcoinnews)
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Bitcoin mining company IREN announced the completion of a $3.65 billion investment-grade GPU financing package to support its AI Cloud contract with Microsoft. The financing received an A rating from Fitch and an A(low) rating from DBRS, and consists of $2.1 billion in U.S. private placement notes and a $1.55 billion delayed draw term loan. IREN described it as the highest-rated publicly disclosed investment-grade GPU financing to date. The financing is secured by GPU assets and related contract cash flows, and is expected to cover around 96% of the GPU capital expenditure for the Microsoft project.
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Asset manager VanEck said in its latest report that as Bitcoin miners increasingly shift toward artificial intelligence (AI) and high-performance computing (HPC) data centers, total energized power has become the market’s most important valuation metric, given the wide differences in company-level financial disclosures and the still-immature nature of AI-related cash flows. VanEck identified three key dimensions for assessing miners’ transition prospects: the shift from energized power to actual delivery capacity, with the industry currently delivering only about 25% of leased capacity; the severe capital expenditure challenge facing miners moving into AI, including a near-term funding gap of $50 billion and long-term capital needs approaching $221 billion; and the role of tenant credit quality and governance standards in determining financing costs.
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Bitcoin mining company IREN announced that it has completed the acquisition of Spanish AI data center developer Nostrum Group, marking its formal entry into the European market. The acquisition adds approximately 490MW of power resources with secured grid access and a pipeline of future development projects to IREN, as well as a team of more than 50 employees across development, engineering, construction, and operations. Nostrum will operate under the IREN brand going forward, with the related infrastructure to support the expansion of IREN’s AI cloud computing business in Europe.
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Digital asset and high-performance computing (HPC) company HIVE Digital Technologies announced that its wholly owned subsidiary BUZZ HPC has entered into a sovereign AI infrastructure transaction with Canadian telecommunications giant Bell Canada and enterprise AI unicorn Cohere Inc. Under the executed three-year GPU cloud contract, the total contract value is approximately $220 million. Through the agreement, BUZZ HPC acquired a GB200 NVL72 rack-scale system consisting of 2,304 NVIDIA Grace Blackwell GPUs. HIVE said it will use part of the proceeds from its $115 million convertible note financing completed in April 2026 to pay for the system.
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Fortitude Mining, a Zcash mining company wholly owned by Barry Silbert’s Digital Currency Group (DCG), has signed a definitive merger agreement with Nasdaq-listed HeartSciences (HSCS) to complete an all-stock business combination, which is expected to close in the second half of 2026. Following the transaction, the combined company will operate under the Fortitude brand and plans to list on Nasdaq under the ticker TUDE. Under the agreement, DCG is expected to own approximately 95% of the combined company. Fortitude focuses on Zcash mining and investments in proof-of-work networks, with annualized ZEC production of around 157,000 coins as of the end of May 2026. The company said that after going public, it plans to use capital market funding to accelerate the expansion of its Zcash mining operations, early-stage PoW project investments, and data center power infrastructure business.
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The Bitcoin network has successfully mined its first block using the Stratum V2 protocol. Compared with the widely used Stratum V1, Stratum V2 allows miners to independently build block templates and select transactions for inclusion, rather than leaving those decisions entirely to mining pools. While retaining the pool-based reward distribution mechanism, the protocol reduces mining pools’ control over transaction selection and helps improve Bitcoin mining decentralization and censorship resistance. (Documenting Bitcoin)
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According to TASS, Russia’s Ministry of Energy has drafted a government resolution that would ban cryptocurrency mining in the city of Moscow, the Moscow Region, and parts of the Kursk Region from July 1, 2026, through December 31, 2032. Russia’s government commission on power sector development had previously recommended the proposed ban in May this year.
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Russia’s State Duma Committee on State Building and Legislation has approved a second-reading amendment that would introduce administrative fines for deploying mining infrastructure inside data centers or conducting cryptocurrency mining there. Individuals could face fines of RUB 100,000 to RUB 150,000, or about $1,300 to $2,000, along with confiscation of equipment; individual entrepreneurs and officials would face fines of RUB 300,000 to RUB 800,000, or about $4,000 to $11,000; and legal entities would face fines of RUB 1 million to RUB 2 million, or about $13,000 to $27,000, or suspension of operations for up to 90 days. The report said Russia had already barred registered data centers last year from hosting third-party mining, mining on their own behalf, or organizing mining pools, but had not previously specified penalties. (Bits.media)
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Oman’s Ministry of Transport, Communications and Information Technology, together with Frontier Technologies, launched Omanhash, a national Bitcoin mining pool. Under the local regulatory framework, Omanhash is the only official mining pool in Oman, and all licensed cryptocurrency mining companies are required to connect to it. The pool is expected to initially integrate around 10 EH/s of hashrate. Oman has invested more than $700 million in mining and data center infrastructure since 2022, and the move is seen as a further step toward bringing Bitcoin mining under a unified regulatory framework. (Bitcoin Magazine)
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According to Reuters, Greece’s Ministry of Finance is drafting a cryptocurrency tax bill that would impose a 15% tax on crypto capital gains, with the first €500 in gains exempt from taxation. Individual mining activity would not be taxed, while corporate mining operations would be subject to tax. The bill is expected to be submitted to parliament for review in the coming months. Officials said it remains difficult to estimate the size of Greece’s crypto market and the potential tax revenue from the sector.
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Three major U.S. crypto industry groups — the Blockchain Association, the Crypto Council for Innovation, and The Digital Chamber — jointly sent a letter to the U.S. House Ways and Means Committee, urging the passage of the Tax Clarity for Mining and Staking Act (H.R. 9175) introduced by Mike Carey. The groups said miners and stakers have faced years of uncertainty over the timing, source, and character of income recognition for reward tokens, and that the bill would establish a clear federal tax framework for digital asset mining and staking rewards while helping preserve U.S. competitiveness.
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According to Decrypt, Thailand’s Department of Special Investigation (DSI) recently announced that it has expanded its investigation into a cross-border money laundering network linked to Chinese “grey capital.” The group allegedly laundered more than $300 million annually by recruiting Myanmar nationals to withdraw millions of dollars in cash from Thai banks each day, helping launder proceeds from telecom fraud and illegal online gambling. Authorities have so far seized more than 6,390 mining machines and accused the group of causing around $29 million in electricity theft losses. A key figure in the case, Wang Yicheng, had previously been named by the U.S. Secret Service, with more than $17.8 million in crypto assets linked to pig-butchering scams seized by U.S. authorities.
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According to the Bangkok Post, Thailand’s Ministry of Interior, the Provincial Electricity Authority, police, and local administrative officials inspected 14 illegal Bitcoin mining sites across five northeastern provinces and seized 315 cryptocurrency mining machines. Investigators found that the sites had tampered with electricity meters and illegally connected to power lines to operate the mining equipment. The report estimated related losses at THB 40.38 million, or about $1.24 million, including THB 5.38 million, or about $165,000, in electricity violation fines and around THB 35 million, or about $1.07 million, in unpaid electricity bills. Officials have collected evidence and filed complaints against those involved.
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According to Bits.media, authorities in Russia’s Sverdlovsk Region uncovered an illegal cryptocurrency mining farm secretly operating on the premises of an abandoned industrial enterprise, involving 10,000 mining machines. The site was jointly raided by Russia’s Federal Security Service (FSB), police, and power sector officials. The local power company estimated that electricity theft from the mining operation caused nearly RUB 1 billion, or about $11 million, in losses, with its power consumption said to be enough to supply lighting for a small city. Three suspects have been arrested and could face up to five years in prison.
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Paraguay’s National Electricity Administration (ANDE) said a Paraguayan court has convicted two citizens accused of stealing electricity for illegal Bitcoin mining, sentencing both to two years in prison. ANDE said the mining site was directly connected to its medium-voltage grid, completely bypassing electricity payments for mining operations and causing sustained economic losses to the state. The court also made clear that property owners of sites hosting illegal mining operations may also be held liable if they cannot prove they were unaware of the activity, meaning landlords can no longer rely on “not knowing” as a valid defense. (CriptoNoticias)
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According to JAMnews, Georgia’s Ministry of Internal Affairs seized 148 cryptocurrency mining machines during an investigation into illegal electricity use in Mestia Municipality. The ministry said authorities found professional crypto mining equipment being used at multiple locations, with some residents suspected of illegally consuming large amounts of electricity and systematically using the equipment to mine cryptocurrencies for unlawful income. The case is being investigated under Article 229 of Georgia’s Criminal Code, which carries a maximum penalty of three years in prison.
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Web3 criminal lawyer Zhang Suhang disclosed that he is handling a suspected illegal business operation case in Qinghai, in which the individuals involved used heat generated by Bitcoin mining machines to provide heating for local businesses before being placed under investigation by public security authorities on suspicion of illegal business operations. Zhang said the dispute in the case centers on whether the conduct constitutes typical virtual currency mining operations, whether relevant regulatory documents can amount to “violating state regulations” under the crime of illegal business operations, and whether the activity reached the level of “seriously disrupting market order.” He argued that the project involved genuine heating demand, around 100 machines, operations mainly concentrated during the heating season, and no significant profits; therefore, the case should not continue as a criminal matter unless the elements of the illegal business operation offense are sufficiently established.
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Around 300 suspected cryptocurrency mining machines were found inside a substation in the Russian city of Novorossiysk. Power company TNS Energo Kuban said the substation is owned by an entrepreneur who stopped paying electricity bills in April 2025, with arrears exceeding RUB 77 million, or about $1.05 million, as of June 1, 2026. The company said a large-scale mining farm could overload the power grid and reduce supply reliability for other users. Russian law enforcement authorities have become involved in the matter. (Bits.media)
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Bitcoin mining company CleanSpark released its May 2026 operational update. The company produced 671 BTC during the month, with peak daily production reaching 23.16 BTC, bringing year-to-date production to 3,110 BTC. Its operating hashrate remained at 50 EH/s, while average operating hashrate was 46.2 EH/s. CleanSpark held 13,470 BTC at the end of May, up from 13,453 BTC at the end of April. The company sold 404 BTC on the spot market during the month and sold another 250 BTC through the exercise of call options, at an average sale price of $79,934.
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Nasdaq-listed Bitcoin mining company BitFuFu released its unaudited operational report for May 2026. The company mined 177 BTC during the month, up 22.1% month-over-month, including 87 BTC from cloud mining and 90 BTC from self-mining, with self-mining accounting for more than 50% of total production for the first time. On the operational side, BitFuFu managed total hashrate of 19.5 EH/s, including 3.2 EH/s of self-owned hashrate and 16.3 EH/s from third-party suppliers and hosting customers. As of May 31, BitFuFu held 1,855 BTC, an increase of 43 BTC from the end of April. The company said that as Bitcoin prices entered a consolidation phase, it had proactively adjusted its hashrate allocation by directing more resources toward self-mining in order to continue accumulating Bitcoin reserves.
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Nasdaq-listed Bitcoin mining company Canaan released its Bitcoin mining operational update for May 2026, disclosing self-mining production of 90 BTC and an additional 24 BTC received from customer payments. As of the end of May, the company held 1,867 BTC and 3,952 ETH in its crypto asset reserves.
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Ionic Digital released its unaudited mining and operational update for May 2026, reporting that it mined 24.77 BTC during the month, up 21.1% month-over-month. Its average daily hashrate was 1.74 EH/s, up 15.3% month-over-month, mainly driven by improved production and operating performance at its Midland site. Ionic Digital said it remained debt-free and did not sell any BTC in May. As of May 31, 2026, the company held 2,861.0 BTC, an increase of approximately 24.0 BTC from the previous month, and had 24,999 active mining machines.
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Nasdaq-listed Bitcoin mining company Keel Infrastructure, formerly Bitfarms, announced that it has completed a $458 million fundraising through the issuance of convertible senior notes, including the full exercise of a $58 million over-allotment option by the initial purchasers. The new capital will be used for general corporate purposes, including funding long-lead equipment purchases and providing collateral support for letters of credit related to the expansion or accelerated development of data center projects.
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According to TheEnergyMag, as demand from artificial intelligence (AI) and high-performance computing (HPC) for power assets and digital infrastructure surges, renewable energy Bitcoin mining company Sangha Renewables is exploring strategic options for its Genesis Bitcoin mining site in West Texas. The company is reportedly considering a full sale of the site, forming a joint venture, or establishing a strategic partnership.
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According to Livecoins, South American agribusiness company Adecoagro is advancing a Bitcoin mining project in Brazil. The report said Tether is a major shareholder of Adecoagro, and that the project will use clean energy generated by burning sugarcane bagasse to power mining operations. The initial plan is to use 10 MW of electricity and deploy 1,280 Bitcoin mining machines, with operations expected to begin around July 1, 2026. Adecoagro project manager Matheus Lechuga said the data center project is aimed at validating existing infrastructure and improving energy efficiency. Local authorities have helped advance environmental licensing and supporting business conditions.
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Tether CEO Paolo Ardoino announced that the company’s Bitcoin mining development kit, MDK, has been upgraded to version 0.2.0 and has completed its first full end-to-end open-source run. The latest version supports fully open-source deployment and operation of the entire Bitcoin mining machine development stack, and can display real-time hashrate output data from mining machines. Developers can directly launch the system and observe real mining machine hashrate being generated in real time through the interface. The project aims to build an underlying technical framework connecting intelligent systems with physical infrastructure.
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Bitdeer Technologies (NASDAQ: BTDR) officially released its next-generation Scrypt algorithm hydro-cooling miner, SEALMINER DL1 Hydro, which supports mining LTC, DOGE, BELLS, JKC, LKY, PEP and other coins. According to official data, the miner has a standard hashrate of 52.5 GH/s, power efficiency of 149 J/GH, and power consumption of 7,823 W. In high-hashrate mode, its hashrate can increase to 55 GH/s, while in low-power mode, its power efficiency can be optimized to 132 J/GH.
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According to The Energy Mag, Bitcoin mining company Hut 8 has agreed to pay $2.35 million to settle a proposed securities class-action lawsuit brought by investors. The investors alleged that during Hut 8’s all-stock merger with U.S. Bitcoin Corp. in 2023, the company overstated the benefits of the transaction and failed to adequately disclose power and network connectivity issues at U.S. Bitcoin Corp.’s King Mountain mining site in Texas. Hut 8 did not admit to any wrongdoing or investor losses.
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According to Crypto News, Mempool data showed that Bitcoin mined an empty block at block height 954,352. The block was produced by mining pool SpiderPool, with a timestamp of 04:27 on June 19, 2026, and a block weight of 1.16 kWU. The empty block contained only the coinbase transaction, or miner reward, and included no regular user transactions. Notably, it was mined only about 62 seconds after the previous block. Research suggests that such a short interval is usually caused by miners starting to mine with an empty template containing only the coinbase transaction before receiving a full transaction template, in order to gain a time advantage. While a single empty block does not indicate a network failure, miners using this approach also give up the transaction fee revenue that could have been included in the block.
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An independent Bitcoin miner using the Braiins Solo mining pool successfully mined block 951,771 and received approximately 3.1404 BTC in rewards, worth around $232,000 at current prices. The miner was operating equipment with roughly 147 TH/s of hashrate, and one Avalon Nano 3S machine, priced at around $300 and producing 6.68 TH/s, was recorded as the device that ultimately found the block. Based on a total network hashrate of around 1 ZH/s, the probability of this device mining a block in a single attempt was approximately 1 in 149 million, meaning it would theoretically take an average of about 2,831 years of operation to mine one block. (Bitcoincom)
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According to TheEnergyMag, due to the sharp decline in Bitcoin network hashrate following the early-June BTC price sell-off, Bitcoin mining difficulty is expected to drop by around 9.55% in about eight hours, marking the second-largest downward adjustment of the year. The adjustment will reduce the amount of computing power required to produce blocks over the next two weeks, or one difficulty epoch, thereby directly increasing revenue per unit of hashrate for active miners. Analysts said that if Bitcoin’s price and network transaction fees remain stable, the 9.55% difficulty decline would increase BTC output from active hashrate by more than 9%, potentially pushing hashprice back above $30 per PH/s. In addition to the economic incentive for older mining machines to shut down, another major driver of the hashrate decline is the shift of some power capacity toward high-performance computing (HPC) and AI data centers.
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According to BTC Treasuries, Canadian-listed Bitcoin mining company Hive Digital (HIVE) sold 331 BTC in the first quarter of 2026, reducing its total holdings to 150 BTC. The company currently ranks 96th in the Bitcoin 100 holdings ranking.
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Standard Chartered has announced a partnership with Circle to enable institutional clients to access USDC minting and redemption. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) licensed to offer institutional clients access to USDC minting and redemption through a single onboarding and service experience, without requiring clients to hold direct accounts with Circle.
The service is initially available to eligible clients through Standard Chartered’s DIFC operations, aiming to connect fiat banking, digital asset infrastructure, and public blockchain networks to support institutional use cases such as on-chain settlement, treasury, and liquidity management

Binance Co-CEO Yi He announced that Binance has officially entered the Philippine market. The Philippine Securities and Exchange Commission (SEC) has granted approval to Blockshoals Technologies Inc. to test its financial products and services within the Commission's regulatory sandbox.
As part of this initiative, Blockshoals will integrate its systems with its global crypto-asset service provider (CASP) partner, Binance, over a 90-day period. Upon successful integration and subject to regulatory oversight, Blockshoals will implement its approved testing plan, enabling Philippine users to onboard and access services through Binance.

CryptoQuant analyst Darkfost said retail BTC inflows to Binance from wallets holding less than 1 BTC have fallen to the lowest level since the exchange was founded, averaging about 329 BTC per day, far below the 2021 bull-market peak of about 2,690 BTC per day, or roughly USD 161.7 million. Darkfost said this cycle has not seen a traditional retail comeback, as some retail investors may have shifted to other assets, gained indirect exposure through spot Bitcoin ETFs, or become longer-term holders.

Metaplanet, often described as Japan’s MicroStrategy and one of the world’s largest publicly listed Bitcoin treasury companies, said it added 2,823 BTC in the second quarter of 2026 for about JPY 35.89 billion, or roughly USD 221 million. As of June 30, the company’s total Bitcoin holdings rose to 43,000 BTC from 40,177 BTC at the end of the first quarter, with an overall average cost of about JPY 15.33 million per coin.

According to SoSoValue data, on July 1 (Eastern Time), Bitcoin spot ETFs recorded a total net outflow of USD 295 million, while Grayscale Bitcoin Mini Trust ETF BTC saw the largest single-day net inflow at USD 36.331 million. Ethereum spot ETFs recorded a total net inflow of USD 14.895 million, with BlackRock’s ETHA posting the largest single-day net inflow at USD 36.639 million.

OFAC updated its sanctions list for ISIS-K, adding 134 crypto wallet identifiers, including 131 TRON addresses and three Monero addresses. Chainalysis said the TRON addresses had received more than USD 1.4 million since 2023 and sent out over USD 880,000. Tether, issuer of USDT, the world’s largest stablecoin, has frozen USDT balances in all 131 TRON addresses.

K Wave Media, a Nasdaq-listed Korean media and entertainment company, has sold its remaining 88 BTC to repay USD 6 million in debt, reducing its Bitcoin holdings to zero and exiting the Bitcoin treasury trade. The company last year said it had up to USD 1 billion in Bitcoin treasury financing capacity and aimed to expand its holdings to 10,000 BTC as soon as possible.