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Forward Industries raises $1.65b to fuel Solana treasury push

Galaxy, Jump Crypto, and Multicoin are among the companies that backed Forward Industries’ pivot to Solana. Summary Nasdaq-listed company Forward Industries raised $1.65 billion for Solana treasuries Galaxy, Jump Crypto, and Multicoin provided capital for the investment The company’s stock doubled in premarket trading following the announcement Altcoins are increasingly capturing interest among Wall Street…

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HashKey to launch Asia’s largest multi-currency DAT fund, targeting $500M+

HashKey Group is launching a $500 million perpetual fund focused on institutional investment in digital asset treasury projects. Summary Initial investments will focus on Bitcoin and Ethereum ecosystem projects, with HashKey also taking active operational roles. The launch follows HashKey’s broader institutional expansion, including the June rollout of GF Token — Hong Kong’s first fully…

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Sui-based Nemo Protocol exploited for $2.4m

Nemo Protocol, a DeFi yield platform built on the Sui blockchain, has been hit by an exploit that drained millions in stablecoins.  Summary Nemo Protocol was exploited for $2.4 million, resulting in its TVL plunging from over $6 million to about $1.5 million. Cetus Protocol on Sui was similarly hacked in May, with $162M frozen…

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$10K swing on chart imminent?

As traders keep a close eye on a possible head-and-shoulders pattern emerging on the daily chart, Bitcoin is consolidating around $111,000. Depending on whether neckline support holds or fails, the setup suggests that a $10K price swing could be on the horizon.  Summary Bitcoin (BTC) consolidates around $111K, forming a possible head-and-shoulders pattern in this…

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