CoinShares Q1 net profit falls to M

CoinShares Q1 net profit falls to $24M

CoinShares’s net profit dropped 42.2% year-over-year as harsh macroeconomic conditions affected the digital assets industry. CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago. Although CoinShares’s…

Read More
VanEck to launch its first RWA tokenization fund

VanEck to launch its first RWA tokenization fund

The fund, geared toward institutional investors, will compete with BlackRock’s BUIDL and Franklin Templeton’s BENJI for market share. Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms…

Read More
Yuga Labs sells CryptoPunks IP to Infinite Node Foundation

Yuga Labs sells CryptoPunks IP to Infinite Node Foundation

The foundation is a nonprofit devoted to “safeguarding internet-native culture.” The sale price is undisclosed. Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement.  The acquisition of CryptoPunks, plus its additional $25…

Read More
Cointelegraph and TheBlock announce strategic media partnership to strengthen global Web3 and virtual asset collaboration

Cointelegraph and TheBlock announce strategic media partnership to strengthen global Web3 and virtual asset collaboration

Cointelegraph partners with TheBlock to boost tokenization, compliance and real-world asset adoption in the MENA region through joint events and coverage. Dubai, UAE – May 2025 — TheBlock, the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in…

Read More
Curve Finance warns its DNS has been hijacked again

Curve Finance warns its DNS has been hijacked again

Onchain security firm Blockaid speculates it might be a front end attack, and says not to sign transactions and avoid interactions with Cuve until the issue is resolved. Decentralized finance (DeFi) protocol Curve Finance has warned that a hacker has again hijacked its domain name system (DNS), sending users to a malicious website.   In the…

Read More
US real estate asset manager launches 0M tokenized fund with institutional backing

US real estate asset manager launches $100M tokenized fund with institutional backing

The PREH Multifamily Fund is being tokenized on the RWA-focused Chintai blockchain. Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities. The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A multifamily…

Read More