# Treasury Related Articles

Solana Hit Hard: $27 Million Exploit Triggers Wave Of Shutdowns

Step Finance, a DeFi analytics platform on Solana, has announced a complete shutdown of all services following a major security breach. The incident resulted in an unrecoverable loss of approximately 261,854 SOL (worth around $27 million) from the project's treasury. This direct attack on its reserves forced the team to wind down operations, including its main dashboard and linked businesses like SolanaFloor and Remora Markets. A token buyback based on a pre-hack snapshot is planned for STEP holders, while Remora rToken owners will have a separate redemption process. The news caused STEP's price and liquidity to collapse. This event highlights the severe impact of security failures and contributes to a broader decline in activity and value within the Solana DeFi ecosystem.

bitcoinist1h ago

Crypto Morning Brief: Meta Plans to Relaunch Stablecoin Project, Ethereum Foundation Announces Staking of Treasury Funds

Fed plans to permanently remove "reputation risk" from bank supervision, potentially easing crypto firms' "de-banking" issues. Emirates NBD explores adding Bitcoin to its portfolio, calling it "digital gold." White House denies Trump will pardon SBF. Ethereum Foundation begins staking 70K ETH from its treasury. Kraken launches regulated tokenized stock perpetual contracts for non-US users. Coinbase expands stock trading to all US users with 24/5 access. Meta plans to re-enter stablecoins in H2 2026, seeking third-party partners like Stripe, which is also considering acquiring PayPal. Crypto.com receives conditional US approval to form a national trust bank. Hong Kong’s RedotPay considers a US IPO aiming to raise over $1B. Cipher Mining shifts from Bitcoin mining to HPC data centers.

marsbit2h ago

Strategy Makes 100th Bitcoin Purchase, Total Holdings Reach 717,722 BTC

Strategy, a leading Bitcoin treasury company, has completed its 100th BTC purchase, acquiring 592 BTC for $39.8 million. This brings its total holdings to 717,722 BTC, representing approximately 3.6% of the circulating supply. Despite spending a total of $54.56 billion on its Bitcoin stack, the current value is $46.48 billion, resulting in an unrealized loss of nearly 15%. The company is known for its strong conviction, having made only one sale in December 2022. The latest purchase was funded through its stock offering program. Strategy remains the world's largest public Bitcoin holder. Concurrently, Bitmine, the second-largest public digital asset treasury, has significantly increased its Ethereum holdings. Bitcoin's price is currently around $65,100, down over 4% in the past week.

bitcoinist13h ago

Ethereum Foundation Begins Staking 70,000 ETH to Strengthen Network Security

The Ethereum Foundation has begun staking a portion of its treasury reserves, starting with 2,016 ETH and planning to stake 70,000 ETH in total in the coming weeks. The staking rewards will be used to support the foundation’s operations. This move aligns with its previously announced treasury strategy and demonstrates a commitment to using Ethereum’s native economic infrastructure for sustainable funding rather than selling ETH. The staking setup relies on open-source software, including Dirk for distributed signing and Vouch for multi-client support, to minimize single points of failure and enhance resilience. The architecture supports geographically distributed validators and flexible account management. Analysts suggest that staking at this scale strengthens network security, decentralizes validation, and aligns the foundation’s incentives with ecosystem health. The move may also encourage further institutional participation in Ethereum staking.

TheNewsCrypto15h ago

How Nakamoto’s 99% crash exposed the dark side of Bitcoin DATs

Bitcoin's sharp decline to around $66,131 and an Extreme Fear market sentiment index of 5/100 reflect deepening investor anxiety. Nakamoto Inc., a firm that built its strategy solely on Bitcoin, exemplifies the crisis—losing over 99% of its market value in 280 days. The company purchased 5,398 BTC at an average of $118,000, resulting in approximately $270 million in unrealized losses. Analysts like Coin Bureau’s Nic Puckrin warn of contagion risks as Digital Asset Treasuries (DATs) face mounting stress, with Bitcoin-heavy firms experiencing three consecutive weeks of selling. Declining network activity, reduced open interest in derivatives, and adverse macro events like sudden tariff announcements further dampen prospects. The market now seeks a clear price bottom rather than expecting a quick recovery.

ambcrypto21h ago

From Miner to Infrastructure Provider: The Survival Logic Behind Bitdeer's Complete BTC Sell-Off

marsbit21h ago

$1.7B in RWAs: Mapping Solana’s treasury‑led institutional breakout

Solana's RWA sector experienced sustained expansion, with its distributed value surging 46% monthly to reach $1.7 billion by February 23rd. This growth significantly outpaced the broader sector's 7% increase, indicating clear market share capture. Over 90% of Solana's non-stablecoin RWAs are concentrated in yield instruments, primarily tokenized treasuries, which alone account for $833 million (49% of the total). Institutional demand for 3–4% APYs and the network's low-cost throughput drove this treasury-led growth. Furthermore, cross-chain capital rotations from Ethereum contributed approximately $0.54 billion to Solana, strengthening on-chain liquidity and benefiting the broader ecosystem, including memecoins, through increased trading activity and lower costs.

ambcryptoYesterday 23:02

Bitcoin In The Heartland: Missouri Advances Strategic Reserve Bill

Missouri lawmakers have advanced House Bill 2080 to the House Commerce Committee, proposing the creation of a "Bitcoin Strategic Reserve Fund" within the state treasury. The fund would allow the state to accept Bitcoin through gifts, grants, or donations from residents and certain government entities, with a mandatory five-year holding period. The state treasurer would manage the fund under strict custody rules, including cold storage and restrictions on foreign or illegal entities. Supporters see it as a way to accept crypto without exposing general funds to risk, while critics warn of volatility and political exposure. The bill includes transparency measures, requiring biennial reports on holdings and transactions.

bitcoinistYesterday 23:02

3 Ripple And XRP Developments Investors Should Be Aware Of

XRP is gaining significant attention beyond price movements, featuring in major discussions across banking, real-world assets, and U.S. politics. Key developments include SBI Holdings, a major Ripple ally, announcing a blockchain-based bond offering worth approximately $64.5 million with XRP rewards for investors. Additionally, the XRP Ledger now dominates tokenized U.S. Treasury products, accounting for about 63% of supply in OpenEden’s TBILL Vault. Finally, a U.S. Supreme Court ruling against former President Trump’s tariffs may trigger $150 billion in refunds, potentially causing market-wide volatility that could impact XRP’s price.

bitcoinistYesterday 20:33

Solana: 67% of total supply now staked – SOL price squeeze possible IF…

Solana has entered a decisive phase with 67% of its total supply now staked, reflecting strong long-term holder conviction and reducing immediate selling pressure. This staking level enhances network security and creates structural supply scarcity. Additionally, treasury companies hold over $1.3 billion in SOL, further tightening circulating supply. These factors signal strong strategic confidence in Solana’s infrastructure. The combination of constrained supply and potential rising demand could amplify price movements, pending broader market stability and macroeconomic clarity.

ambcryptoYesterday 18:02