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When building on Solana up until now, you’ve really only had two bad choices for storing and delivering your app’s data.
You could lean on Web2 giants like Cloudflare or AWS, which are fast and easy, but very much centralized and outside the crypto ethos. Or you could try to piece together more decentralized fixes using IPFS, Arweave, and other assorted gateways — bearing in mind that, while these latter methods do work, they require lots of duct-tape and set-top thwacking to dial in.
Decentralized CDN Pipe Network aims to change all that with Firestarter Storage, an infrastructure…
Read more on Blockworks
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Despite Coinbase’s second quarter milestones, not all is rosy for the crypto exchange as it gets set to discuss its Q2 results tomorrow.
Coinbase’s stock price roughly doubled during the quarter — performance Oppenheimer analysts attributed to its S&P 500 inclusion and progress around the GENIUS Act (progress that led to its ultimate passage earlier this month).
COIN shares were trading around $382 on Wednesday at 1:30 p.m. ET — up 9% from a month ago.
And yet, in other ways, COIN’s setup ahead of the quarterly print is “unfavorable,” Oppenheimer’s Owen Lau and…
Read more on Blockworks
Marti Technologies is making a bold move by allocating 20% of its cash reserves into Bitcoin as part of a new corporate crypto treasury strategy. The company may increase its crypto holdings to 50%, and could also invest in other digital assets like Ethereum and Solana. This decision reflects rising confidence in cryptocurrencies as long-term stores of value, especially in today’s inflationary and financially uncertain environment.
CEO Oguz Alper Oktem stated the move shows the company’s belief in Bitcoin and other digital assets as viable alternatives to gold and hard currencies. He called the strategy a prudent way to manage treasury reserves. All digital assets will be stored through a regulated, institutional-grade custodian, and will follow strict security, legal, and reporting standards.
Founded in 2018, Marti is Turkey’s leading mobility platform, offering ride-hailing, e-mopeds, e-bikes, and e-scooters. The company went public in 2023 through a SPAC merger and has a market capitalization of approximately $185 million.
In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly shut down. Over the following years, thousands of people and companies whose assets were held by Prime Trust were prevented from accessing their property. As the saga unfolded, it became apparent that Prime Trust had perpetrated a massive fraud for almost a year. Regulators at the Nevada Financial Institutions Division, whose mandate had been to prevent such scams, did not step in until it was too late.
Although the size of the fraud was large, with over 80 million dollars’ worth of assets having been lost, Prime Trust still possessed many millions…
Read more on BitcoinMagazine
JPMorgan Chase and Coinbase have announced a groundbreaking partnership aimed at making cryptocurrency more accessible and secure for customers. The collaboration introduces features that will simplify how users interact with digital assets, while reinforcing trust in crypto services.
Chase customers will be able to connect their bank accounts directly to Coinbase wallets through JPMorgan’s secure API. They can also transfer Chase Ultimate Rewards points to their Coinbase accounts at a 1:1 redemption rate — 100 points equals $1 in crypto value. This marks the first time a major credit card rewards program can be used to fund a crypto wallet.
Starting Fall 2025, customers will be able to fund Coinbase accounts using Chase credit cards. The direct bank-to-wallet connection and rewards point transfers are expected to launch in 2026. Leaders from both companies say this partnership will empower users, expand choice, and lower barriers to entry, helping bring the next wave of consumers into the future of onchain finance.
UK-based Smarter Web Company has expanded its crypto portfolio with the purchase of 225 additional bitcoin for £19.91 million ($26.57 million), at an average price of £88,482 ($118,080) per coin. This acquisition follows a £19.7 million raise from the sale of 6,057,914 new shares, priced around £3.25 each. The company now plans to release subscription updates every two weeks to speed up fund settlement.
The firm now holds 2,050 BTC, bought at an average of £81,346 ($108,556) per bitcoin, totaling £166.76 million ($222.54 million). With bitcoin trading at approximately $118,085, the company’s holdings are up 8.8%, or around $19.53 million, on paper. It also retains £500,000 ($669,000) in available cash to further invest in bitcoin.
Having acquired over 1,500 BTC in July alone, Smarter Web has quickly climbed the Bitcoin Treasuries rankings, moving from 36th to the top 25. CEO Andrew Webley now sets his sights on breaking into the top 20 global public bitcoin holders within weeks.

PayPal has rolled out a new feature allowing U.S. businesses to accept payments in over 100 digital assets including bitcoin, ethereum, and more. The service called “Pay with Crypto” makes cross-border payments easier, cheaper, and faster for merchants and consumers.
PayPal introduces Pay with Crypto — PayPal on X
This is a big move for the company, bringing digital assets into everyday commerce. Merchants can now accept payments in digital assets using popular wallets like Coinbase Wallet, MetaMask, Kraken, Phantom and Exodus.
When customers pay with digital assets, PayPal converts them instantly to its U.S.-dollar-backed stablecoin, PYUSD, or directly to U.S….
Read more on bitcoinnews
South Korea’s central bank has taken a major step forward in embracing cryptocurrency by forming a dedicated virtual asset committee. This new team will actively monitor the crypto market and explore central bank digital currency development as the country ramps up efforts to stay ahead in the digital finance space.
The Bank of Korea has renamed and refocused its CBDC unit and stated the Virtual Asset Team will also lead responses to stablecoin discussions and support coordination with the government on crypto legislation. This move comes as South Korean banks consider launching stablecoins tied to the national currency the won.
Crypto continues to gain strong support in South Korea especially after the election of President Lee Jae Myung who ran on a pro-crypto agenda. His platform included policies to allow stablecoins and crypto exchange-traded funds showing the country’s growing commitment to digital innovation in finance.
