Strategy board members spend $2.31 million on MSTR stock

- Kadena blockchain abruptly ceased operations, causing its token KDA to plummet 47% to $0.121. - The shutdown ended a four-year journey led by ex-JP Morgan executives, halting 2025 roadmap plans for Chainweb EVM and fintech integrations. - Analysts warn centralized governance models risk token viability, as Kadena's collapse highlights crypto projects' fragility amid regulatory and funding challenges. - Despite decentralized network persistence, lack of active development underscores risks of overreliance

Upbit, Bithumb, and Binance Amplify Market Activity with New Crypto Token Listings

- Ark Labs launches Arkade, a Bitcoin-native Layer 2 protocol enabling instant transactions and financial tools without altering Bitcoin's consensus rules. - The protocol uses VTXOs to preserve Bitcoin's security while supporting stablecoin issuance and trading, addressing limitations in the base layer's programmability. - With $200B+ stablecoin circulation, Arkade aims to retain Bitcoin's "digital gold" status while unlocking financial innovation through virtual transaction layer virtualization. - Unlike

- SharpLink Gaming boosts ETH holdings to 859,853 (≈$3.5B) via $76.5M capital raise, averaging $3,892 per token. - CEO highlights strategic NAV-premium financing to enhance shareholder value, with ETH concentration doubling to 4.0 per 1,000 shares. - 258,710 ETH in staking derivatives and $23M in yield reinforce passive income strategy while maintaining crypto exposure. - 400% stock surge mirrors pivot to crypto treasury model, drawing comparisons to MicroStrategy's Bitcoin strategy. - Market volatility an