BitMine Immersion Technologies plans to repurchase up to $1 billion of its common stock to support its Ethereum treasury pivot, aiming to hold 5% of Ethereum's total supply. The company currently holds 625,000 Ethereum valued at about $2.4 billion.

The Nym protocol token surged 12% due to a 6,000% increase in UK VPN demand following the Online Safety Act. This act mandates age checks on adult websites, with penalties for non-compliance.

180 Life Sciences, now known as ETHZilla, is raising $425 million through a PIPE offering to establish an Ethereum treasury. The firm plans to further raise $150 million to purchase ETH and generate yield through on-chain programs.

Quantum Solutions, a Tokyo-listed AI firm, plans to purchase millions in Bitcoin over the next year through its Hong Kong-based subsidiary, GPT Pals Studio. The move aims to manage surplus funds, diversify the portfolio, and hedge against inflation.

Nigeria's SEC Director-General announced openness to stablecoin businesses, emphasizing compliance with evolving digital asset regulations. The commission has already onboarded firms in a regulatory sandbox, envisioning Nigeria as a stablecoin hub in the future.

XRP hit a new all-time high despite a decline in daily active users on the XRP Ledger. Data indicates a shift towards more intensive capital deployment, with a 50% decrease in users since the beginning of the year.

Chris Larsen, Ripple co-founder, transferred $175 million in XRP to four addresses, with over $140 million ending up on exchanges. This occurred as XRP hit a record high of $3.65 before dipping to $3.25 amid a positive market trend.

Mike Novogratz believes Ethereum has the potential to surpass Bitcoin in the coming months due to institutional interest. Ethereum is currently trading at around $3,730 per coin, 24% below its all-time high, but showing signs of a comeback.

Freename, a Zurich, Switzerland-based domain registrar bridging DNS and Blockchain technologies, raised $6.5M in Series A funding.

The round was led by Entrée Capital with participation from Polymorphic Capital, with participation from seed investors Sparkle Ventures, Blockchain Founders Fund, and Golden Record Ventures and new angel investors including Mike Lobanov (Co-Founder of Target Global), Rashwan family office, and Aaron Schnarch (former CEO of Coinbase Custody).

The company intends to use the funds to drive product innovation, expand its global footprint, further unify Web2 and Web3 digital identity ecosystems and enable not just traditional IP addresses but also wallet addresses in a regulated manner. 

PayPal plans to launch PayPal World, a platform connecting domestic digital wallets to its global network, simplifying cross-border transactions for nearly two billion users. The system offers fast settlement and currency conversion similar to stablecoins, without relying on blockchains or tokenized assets.