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  • Why crypto transfers can fail and what you must check before sending
    by Sasha Shilina on May 21, 2025 at 7:35 am

    Crypto transfers fail due to wrong addresses, network mismatches or low fees; verify address, network and balance before sending. Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses.What’s often marketed as a seamless, borderless system can become frustrating when transfers fail, with no customer service hotline to call and no easy recourse to reverse mistakes. In the crypto universe, the burden of getting it right falls squarely on the shoulders of the user.Read more

  • Theta Capital raises $175M to back early-stage blockchain startups
    by Amin Haqshanas on May 21, 2025 at 7:09 am

    Theta Capital Management has raised $175 million for a fund-of-funds targeting early-stage blockchain startups through top-tier crypto VC firms. Amsterdam-based Theta Capital Management raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms.The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with a track record of backing blockchain innovation, Theta’s managing partner and chief investment officer Ruud Smets told Bloomberg.Smets said the strategy focuses on specialist managers who can outperform generalist investors in the earliest funding rounds.Read more

  • SEC delays decision on Ether staking and XRP ETFs, as analysts expected
    by Stephen Katte on May 21, 2025 at 6:13 am

    Bloomberg ETF analyst James Seyffart thinks the SEC is more likely to first approve a Litecoin ETF amid the raft of crypto funding filings the agency is currently considering. The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected.The SEC said on May 20 that it needed to extend its decision on Bitwise’s application by 45 days to “consider the proposed rule change and the issues raised therein.” The agency needed to either decide or punt its decision by May 22.The agency also delayed deciding on Grayscale’s XRP (XRP) tracking ETF and Bitwise’s Solana (SOL) tracking fund while it seeks public comments and begins “proceedings to allow for additional analysis” of the proposals to ensure they meet regulatory standards.Read more

  • KindlyMD shareholders OK merger with Trump-linked Bitcoin firm
    by Tarang Khaitan on May 21, 2025 at 6:01 am

    KindlyMD shares jumped 5% after shareholders greenlit a merger with Nakamoto Holdings, founded by Donald Trump crypto adviser David Bailey. Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey.KindlyMD and Nakamoto Holdings, a newly formed company that focuses on creating a network of Bitcoin-related entities, will both file information statements with the Securities and Exchange Commission, KindlyMD said in a May 20 statement.The merger is expected to take place 20 days after both companies have shared the information statement with KindlyMD’s shareholders, with the transaction expected to be finalized in the third quarter of 2025.Read more

  • Blackstone buys $1M worth of Bitcoin ETF in first crypto bet
    by Brayden Lindrea on May 21, 2025 at 5:16 am

    Blackstone reported holding just over $1 million worth of shares in BlackRock’s spot Bitcoin ETF as of March 31, its first ever crypto-related purchase. Blackstone, which bills itself as the “the world’s largest alternative asset manager,” disclosed its first-ever crypto-related purchase, buying shares in BlackRock’s spot Bitcoin exchange-traded fund.However, Blackstone’s investment, reported in a May 20 filing with the US Securities and Exchange Commission, only totaled around $1.08 million — a fraction of the asset manager’s $1.2 trillion portfolio.Blackstone reported holding 23,094 shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) as of March 31.Read more