By Marco Piccolo Key highlights: BIT Mining announces strategic expansion into the Solana ecosystem, marking a shift from its traditional Bitcoin-centric operations. The company plans to raise between $200 million and $300 million to build a substantial SOL treasury. BIT Mining will convert its existing crypto holdings into SOL and operate validator nodes to generate […]
Tag: ADA
By Marco Piccolo Key highlights: Bullish partners with Solana Foundation to integrate Solana-native stablecoins into its trading and clearing infrastructure. The collaboration aims to build fast, cost-effective, and institutionally scalable on-chain financial systems. CoinDesk Data, also part of the Bullish Group, will expand data tools and coverage for Solana-based assets. Trade Crypto on Kraken Bullish, […]
By Marco Piccolo Key highlights: Ripple’s stablecoin RLUSD has crossed a $500 million market capitalization milestone. The Bank of New York Mellon (BNY Mellon) has been selected as RLUSD’s primary custodian. RLUSD aims to compete with leading enterprise stablecoins by targeting institutional use cases. Trade Crypto on Kraken Ripple’s US dollar-backed stablecoin, RLUSD, has surpassed […]