Latest from Krisztian Sandor
Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.

Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise
The bubble in crypto treasury strategy companies deflated even further on Tuesday.

TeraWulf Rally Cools on $850M Convertible Note Sale After Google Deal
Most of the net proceeds are earmarked for the firm's data center expansion, with $85 million set aside for capped call transactions to mitigate share dilution.

SharpLink Ether Holdings Top $3.1B, Trailing BitMine in Pace of ETH Acquisition
The firm said it bought 143,593 ether last week, bringing total holdings to 740,760 tokens.

Wyoming State Debuts U.S. Dollar Stablecoin on Seven Blockchains
The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.

Tether Taps Bo Hines, Former White House Crypto Council Head, as Advisor for U.S Strategy
Hines will guide Tether’s U.S. market push, focusing on policy engagement and digital asset growth, the firm said.

KindlyMD Closes $200M Convertible Note Funding for More Bitcoin
Shares are lower by 11% on Monday with an analyst noting NAKA's convertible note terms were somewhat more stringent than those afforded to Michael Saylor's Strategy.

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization
The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

Circle Acquires Malachite to Power Its Upcoming Arc Blockchain
The USDC stablecoin issuer last week said it is building its own blockchain focused on stablecoin finances.

BTCS to Pay First-Ever Ether Dividend, Loyalty Bonus to Discourage Short Selling
Shareholders can opt for a $0.05 per share in ETH or cash dividend plus a $0.35 reward for moving shares to book entry for at least 120 days.

