Collector Crypt, a platform on Solana that tokenizes physical trading cards into NFTs, opened over 215,000 digital TCG packs in one week, setting a new record. The platform has surpassed $50 million in cumulative revenue and $1 billion in total trading volume since launching its gacha system in December 2024. Users can trade, sell, or redeem physical graded cards linked to NFTs, with over 30% redeeming physical cards. While profitable, the platform faces potential regulatory risks due to its randomized pack mechanics resembling gambling. The $CARDS token has a market cap near $91 million but carries dilution risks due to its large max supply.
Avalanche Treasury Co., a new Nasdaq-listed company tied to the Avalanche ecosystem, saw its stock drop 38.13% in its first trading session, closing at $1.85. The company holds about 15 million AVAX tokens but aims to invest actively across the Avala...
The Trump family reportedly earned around $2.3 billion from various crypto ventures including World Liberty Financial, TRUMP meme coin, ALT5 Sigma, and American Bitcoin. Meanwhile, retail investors involved in these cryptocurrencies have suffered sig...
HTX, a crypto exchange owned by Justin Sun, transferred $1.3 billion of its reserve funds to an undisclosed third-party custodian following UK sanctions accusing it of aiding Russian entities. This move likely aims to protect legitimate users from ha...
HF Foods Group Inc. announced its Board of Directors has approved a limited duration stockholder rights plan to protect against undisclosed stock accumulation and coordinated efforts to gain control of the company. The plan grants one right per share...
Eliaz Therapeutics has started a Regulation Crowdfunding round to fund GLP safety studies and first-in-human trials of XGal-3, an apheresis device targeting Galectin-3 to treat sepsis. The device has FDA Breakthrough Device Designation and aims to ad...
