Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

BitMine Stakes $5.66B in ETH as Institutional Demand Drives Market Shift

BitMine Immersion Technologies has significantly increased its Ethereum holdings by staking an additional 86,848 ETH ($277.5 million), bringing its total stake to 1.77 million ETH valued at approximately $5.66 billion. This move is part of a broader institutional trend, with firms like SharpLink and ETHZilla also accumulating substantial ETH reserves. The increased staking activity has reduced Ethereum's available spot supply on centralized exchanges to 16.3 million ETH, contributing to decreased liquidity and potential price stabilization. This shift reflects growing institutional confidence in Ethereum’s long-term prospects, driven by network upgrades and a strategic move away from short-term trading toward staking and holding.

TheNewsCrypto01/20 11:01

BitMine Stakes $5.66B in ETH as Institutional Demand Drives Market Shift

TheNewsCrypto01/20 11:01

Dialogue with Hashkey Capital Partner Xiao Xiao: The Story and Key Insights Behind Raising $250 Million in 3 Months

HashKey Capital, a leading Asian crypto VC, successfully raised $250 million for its fourth fund, HashKey Fintech Multi-Strategy Fund IV, in just three months. The fund attracted institutional investors, family offices, and high-net-worth individuals, with a total target of $500 million. Unlike previous funds, this multi-strategy fund will focus on liquid assets, including public market investments, OTC purchases of tokenized assets, and selective private market deals. It offers greater flexibility and mid-term redemption options to meet LP demands for liquidity and exit opportunities. The fund will invest in global infrastructure, scalability solutions, and large-scale application scenarios. Xiao Xiao emphasized that mass adoption requires real usage motivation, sustainable business models, and network effects. Despite a market slowdown, HashKey remains active, seeking high-quality projects during cooler market periods. The firm avoids overvalued deals and prioritizes teams with strong execution, clear vision, and proper fund management. Xiao also discussed the evolving role of Chinese founders, noting their strength in execution and operational expertise, while highlighting the trend toward hybrid global teams. He expects greater transparency in the industry and a convergence of equity and token-based financing models. The crypto primary market is increasingly blending traditional and crypto-native exit strategies, with capital concentrating around top-tier projects and blurred lines between primary and secondary investments.

marsbit01/20 10:54

Dialogue with Hashkey Capital Partner Xiao Xiao: The Story and Key Insights Behind Raising $250 Million in 3 Months

marsbit01/20 10:54

MEXC Adds 32 Tokenized Stocks From Ondo Finance, Expanding Blue-Chip Access for 40 Million Users

MEXC cryptocurrency exchange has expanded its partnership with Ondo Finance to launch 32 additional tokenized U.S. stock trading pairs, marking the seventh phase of collaboration. This rollout allows MEXC's 40 million users to trade blue-chip equities and ETFs—including Johnson & Johnson, Amazon, and Coca-Cola—with zero fees, directly on the platform. The offering now includes 101 tokenized stock spot pairs and 52 perpetual futures pairs, all supported by deep liquidity and USDT denomination. MEXC aims to provide seamless, blockchain-powered access to traditional markets, enhancing portfolio diversification within its ecosystem. Further expansion of tokenized assets is planned for 2026.

TheNewsCrypto01/20 10:20

MEXC Adds 32 Tokenized Stocks From Ondo Finance, Expanding Blue-Chip Access for 40 Million Users

TheNewsCrypto01/20 10:20

NYSE Unveils Blockchain Platform For 24/7 Stock Trading – What You Need To Know

The New York Stock Exchange (NYSE) has announced plans to develop a blockchain-based platform for trading tokenized securities, pending regulatory approval. The platform will enable 24/7 stock trading, instant settlements, and support for stablecoin funding. It aims to integrate the NYSE’s existing matching engine with blockchain technology to streamline trading and settlement processes. Tokenized shares will retain shareholder rights such as dividends and governance participation, while maintaining compatibility with traditional securities. This initiative is part of Intercontinental Exchange’s broader digital strategy, which includes collaborations with institutions like BNY Mellon and Citigroup. The move comes as competitors like Nasdaq and CME Group also expand into crypto-index products for institutional investors.

bitcoinist01/20 09:26

NYSE Unveils Blockchain Platform For 24/7 Stock Trading – What You Need To Know

bitcoinist01/20 09:26

NYSE Moves Toward 24/7 Markets With Blockchain Trading Venue for Tokenized Equities

The New York Stock Exchange (NYSE), under its parent company Intercontinental Exchange, is developing a blockchain-based trading platform to enable 24/7 trading of tokenized stocks and ETFs. This initiative aims to meet investor demand for continuous trading and instant settlements, similar to cryptocurrency markets. The platform will combine the NYSE’s existing order-matching technology with blockchain for record-keeping, settlements, and funding—using stablecoins and tokenized bank deposits. However, the project is still pending approval from the U.S. Securities and Exchange Commission (SEC), which will review investor protections and regulatory compliance. If approved, the system could significantly reduce settlement times and costs, marking a major step toward integrating blockchain technology into traditional finance. The move also reflects competitive pressure, as other exchanges like Nasdaq are exploring tokenized equity offerings.

TheNewsCrypto01/20 09:22

NYSE Moves Toward 24/7 Markets With Blockchain Trading Venue for Tokenized Equities

TheNewsCrypto01/20 09:22

Currency and Stock Barometer丨Vanguard's US Mid-Cap Index Fund Acquires Over $500 Million in Strategy Stocks for the First Time; Bitmine's Total Staking Exceeds 1.77 Million ETH, Valued at Over $5.6 Billion (January 20)

Crypto-linked stocks showed signs of rebound last week, with companies like BTC treasury firm Strategy seeing share price recoveries. Key market influences include the Fed chair nomination, reduced expectations for rate cuts, and progress on the U.S. CLARITY Crypto Act. Vanguard’s mid-cap index fund purchased $505 million worth of Strategy shares. Strive acquired Semler Scientific, becoming the 11th largest public BTC holder. Steak ‘n Shake added $10 million in BTC to its corporate treasury. BitMine staked an additional 86,848 ETH, bringing its total staked to over 1.77 million ETH valued at $5.65 billion. It also led a $200 million investment into Beast Industries. Meanwhile, FG Nexus sold 2,500 ETH, realizing losses. Solana treasury firm Sharps Technology entered a 90-day lock-up agreement with SOL Markets. Forward Industries reported holding nearly 6.98 million SOL with significant staking rewards. Upexi raised $36 million to expand its SOL holdings. AlphaTON Capital, a TON treasury company, raised $15 million through a public stock offering.

marsbit01/20 08:19

Currency and Stock Barometer丨Vanguard's US Mid-Cap Index Fund Acquires Over $500 Million in Strategy Stocks for the First Time; Bitmine's Total Staking Exceeds 1.77 Million ETH, Valued at Over $5.6 Billion (January 20)

marsbit01/20 08:19

Top 5 Cryptocurrencies To Watch in 2026

Top 5 cryptocurrencies to watch in 2026 are Little Pepe (LILPEPE), Ethena (ENA), Pump.fun (PUMP), Aster (ASTER), and Kaspa (KAS). Each offers a unique path to potential market leadership. Little Pepe is evolving from a meme token into a utility-focused project with a planned Layer-2, launchpad, and staking. Ethena provides a synthetic "Internet Bond" dollar, offering yield without traditional banking risk. Pump.fun is a platform that commodifies memecoin creation, generating significant volume through its self-reinforcing ecosystem. Aster aims to be a leading 24/7 derivatives market for crypto and tokenized stocks. Kaspa differentiates itself with its BlockDAG architecture, providing a scalable and secure proof-of-work Layer-1. Together, they represent key vectors for the next bull market: cultural distribution, financial primitives, platform effects, derivatives infrastructure, and base-layer scalability.

TheNewsCrypto01/20 06:53

Crypto ETPs See $2.2B Weekly Inflows as Bitcoin, Ether Lead

Crypto exchange-traded products (ETPs) attracted $2.2 billion in net inflows, marking the strongest weekly surge since October of last year. Bitcoin-focused funds captured the majority of inflows, while Ether and a few altcoin products also saw fresh capital. Investors are increasingly using these ETPs as a convenient way to gain crypto exposure without direct ownership. The inflows coincided with rising token prices and increased trading activity. Institutional adoption is growing, as brokers and wealth managers integrate crypto ETPs into traditional investment platforms. Demand is broadening beyond Bitcoin, with Ether recording healthy inflows and altcoins attracting some interest.

TheNewsCrypto01/20 06:11

Crypto ETPs See $2.2B Weekly Inflows as Bitcoin, Ether Lead

TheNewsCrypto01/20 06:11

Paradex Rollback Criticized, HIP-3 Competition Heats Up: What Happened in the Mainstream Ecosystems?

Over the past 24 hours, the crypto market has seen significant developments across multiple areas. The New York Stock Exchange (NYSE) announced a blockchain-based securities trading platform, sparking optimism about RWA (Real World Assets) adoption, though technical and regulatory challenges remain. The "Trove闹剧" incident, involving an alleged rug pull and undisclosed KOL promotions, led to community backlash and discussions on ICO transparency and accountability. WalletConnect introduced a POS payment product aiming to enable on-chain settlements, though adoption faces hurdles in existing payment infrastructure. On Solana, Magic Eden revealed a revenue-sharing model, directing 15% of platform earnings to $ME token buybacks and staking rewards, receiving positive community feedback. Ethereum ecosystem updates included MegaETH's upcoming stress test targeting high TPS, a partnership between Coinbase/Circle and Bermuda to build a digital economy, and ENS launching a Google BigQuery dataset for easier data analysis. In the Perp DEX space, competition for Hyperliquid's HIP-3 deployment intensified, with expectations of a crowded field and high bidding costs. Analysis revealed that much of the trading volume is algorithm-driven and incentive-based rather than organic. Additionally, HyperLend announced its token launch, and Trade.xyz upgraded to isolated margin mode. A major controversy emerged when Starknet-based Paradex performed a chain rollback due to a pricing error that caused unjust liquidations, leading to widespread criticism about the reliability and decentralization of on-chain DEXs, with comparisons drawn to Solana's stability.

marsbit01/20 04:15

Paradex Rollback Criticized, HIP-3 Competition Heats Up: What Happened in the Mainstream Ecosystems?

marsbit01/20 04:15

RootData Launches Industry's First Cryptocurrency Exchange Transparency Ranking, Boosting Compliance and Growth

RootData has launched the industry's first transparency-focused exchange ranking, "Top Cryptocurrency Exchanges Ranked by Transparency," moving beyond traditional volume-based metrics. The ranking, introduced during the December Binance Blockchain Week in Dubai, is now open for global exchange applications. It evaluates exchanges across six key dimensions: token economics and unlock transparency, project progress and key event disclosure, team background and capital endorsement, announcement accuracy, asset reserve transparency, token listing mechanisms, and regulatory compliance with audit data. This initiative aims to transform transparency from an abstract concept into a quantifiable standard, encouraging exchanges to disclose critical information as a mandatory practice rather than an option. Enhanced transparency helps build differentiated brand trust, attract institutional investors, and secure a competitive edge in an increasingly regulated market. RootData, a Web3 asset data platform processing over 4.2 million monthly search requests, is backed by investors such as NLVC, Boyaa Interactive, and Mask Network. Its data and research have been cited by leading institutions including The Wall Street Journal and Binance Research.

marsbit01/20 03:46

RootData Launches Industry's First Cryptocurrency Exchange Transparency Ranking, Boosting Compliance and Growth