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Report: Coinbase Alum-Founded Turnkey Raises $30M Series B to Grow Engineering Team

2025-06-09 12:32

The funding round was led by Bain Capital Crypto and included contributions from Lightspped Faction and Galaxy Ventures

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Today 2025-06-09

15:45

KULR plans to raise $300 million through private placement to expand its Bitcoin holdings

According to CoinDesk, KULR, a publicly traded company on the New York Stock Exchange, announced that it will raise up to $300 million through a "market ready" stock issuance (ATM) underwritten by Cantor Fitzgerald, to increase the purchase of Bitcoin, supplement working capital, and research and development expenses. Since the end of 2024, KULR has made Bitcoin its main reserve asset and currently holds 920 BTC. It has continued to expand its position through mining and market purchases.

15:27

Nautilus has officially launched on the Sui mainnet

Odaily Planet Daily News: According to official sources, Nautilus has officially launched on the Sui mainnet. Nautilus is a new method of running off chain logic in a secure execution environment, and has passed on chain verification, supporting the construction of secure and tamper proof oracle machines.

15:25

A whale proposed 1997 BTC worth over $200 million from Kraken in the past 10 hours

Odaily Planet Daily News: According to Lookonchain monitoring, a whale has withdrawn 1997 BTC worth $212.78 million from Kraken in the past 10 hours.

15:25

Circle Goes Full Circle

Circle's IPO last week was validation for stablecoins, but the business model carries interest rate risks, says CoinDesk Indices' Andy Baehr.

15:24

The total trading volume of BlackRock ETF is about to exceed that of State Street Bank

According to BlockBeats, on June 9th, Eric Balchunas, a senior ETF analyst at Bloomberg, revealed that the total trading volume of the BlackRock ETF is about to surpass that of State Street Bank, becoming the top ETF in terms of total trading volume. This will be a major disruption, as State Street Bank has been holding the top spot since the first day of 1993. Ironically, at the same time, BlackRock is about to be surpassed by Vanguard Navigation Group in terms of asset size.