U.S. memory chip stocks experienced significant gains last Friday as supply chain disruptions led to suspended quotations for key products. SanDisk led the rally with an 11% surge, while Micron, Seagate, and Western Digital all posted substantial intraday increases. Industry sources indicate that certain DRAM and Flash products are currently unavailable for pricing, signaling potential supply constraints that could reshape market dynamics across the technology sector.
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2 posts last week
Maestro Powers Midl’s EVM dApps on Bitcoin Network
Maestro’s enterprise-grade infrastructure is now powering Midl, bringing Ethereum Virtual Machine (EVM)-compatible smart contracts directly to the Bitcoin network without bridges or third parties. This strategic integration represents a significant advancement in Bitcoin’s evolution from a simple transactional asset to a full-fledged platform for decentralized applications. With Midl having processed over 1 million Bitcoin transactions and 2.1 million EVM smart contract transactions since its testnet launch, the collaboration demonstrates strong developer and user interest in expanding Bitcoin’s utility while maintaining its native security and finality.
read moreBlockchain Leaders Summit Tokyo 2025 Unites Global Web3
The Blockchain Leaders Summit Tokyo 2025, co-hosted by Hashed and B Dash Ventures, brought together 400 industry leaders including regulators, venture capitalists, and major blockchain projects. The summit highlighted Japan’s emerging role in Web3, with emphasis on stablecoins as critical infrastructure for mass adoption. Regulators from Japan’s FSA and US CFTC discussed creating balanced regulatory frameworks, while financial institutions like Sony Bank and SMFG shared concrete initiatives for blockchain-based payments. The event solidified Japan’s position as a bridge between Asian and global Web3 markets, with particular focus on leveraging Japan’s yen stability and anime IP for blockchain innovation.
read moreBitcoinFi Surges: $10B Staked, $5.5B in L2s, $175M Funding
Maestro’s latest report highlights BitcoinFi’s rapid expansion, with over $10 billion in staked BTC, including $3.32 billion in re-staking. Layer 2 solutions now hold $5.52 billion in TVL, led by Stacks, while stablecoins reach $860 million in TVL. Venture funding has rebounded to $175 million across 32 deals, signaling strong investor confidence. The ecosystem is diversifying with innovations in liquid staking tokens, dual-token models, and Bitcoin-native lending. Despite challenges like fragmented liquidity, BitcoinFi is emerging as a bridge between traditional finance and decentralized finance, with growing enterprise adoption and developer activity.
read moreBitlayer Launches Bitcoin DeFi Bridge for Cross-Chain Interoperability
Bitlayer, a Bitcoin decentralized finance (DeFi) infrastructure startup supported by Franklin Templeton, has rolled out its smart contract bridge, BitVM, on mainnet. The bridge allows Bitcoin holders to deposit BTC into a smart contract, converting it into Peg-BTC (YBTC), a tokenized version designed for cross-chain compatibility and smart contract interaction. Bitlayer claims BitVM is a ‘trust-minimized bridging solution’ and has already partnered with networks like Sui, Base, and Arbitrum to integrate the technology. The move positions Bitlayer in direct competition with other Bitcoin DeFi protocols such as BabylonChain, Stacks, and BounceBit, as it seeks to expand Bitcoin’s utility in the DeFi ecosystem.
read moreSeagate Stock Soars 73% Amid Data Center Boom
Seagate Technology (NASDAQ: STX) has experienced a remarkable 73% stock surge in 2025, significantly outperforming the Nasdaq Composite’s 7% return. The company’s growth is driven by booming demand for data center storage solutions, positioning it as an attractive investment despite trading at a discount to the broader market. Analysts suggest this trend could continue, offering substantial returns in the coming years as data storage needs expand globally.
read moreIllegal Crypto Mining Rig Found in Russian Truck
Authorities in Russia’s Republic of Buryatia uncovered an unauthorized crypto mining operation concealed in a KamAZ truck, illegally drawing electricity from a 10-kilovolt power line meant for a village. The setup included 95 mining rigs and a mobile transformer station. Two suspects fled before police arrived, highlighting the growing issue of electricity theft linked to crypto mining in the region. The discovery underscores the challenges regulators face in curbing illicit mining activities that strain local power grids.
read moreNasdaq Files for SUI ETF, Boosting Institutional Confidence
Nasdaq’s 19b-4 filing for a 21Shares SUI ETF with the SEC has sparked a 300% jump in SUI’s 24-hour trading volume, reflecting heightened institutional interest. The Sui token’s recovery follows a recent dip tied to the Cetus Protocol hack and macro uncertainty, now buoyed by Bitcoin’s ETF-driven momentum. With $300M+ in global ETP inflows and Mysten Labs’ Kevin Boon hailing the Nasdaq filing as a milestone, SUI’s derivatives volume and open interest also rose sharply. Analysts note Bitcoin’s anchoring role, as SUI’s sBTC integration amplifies DeFi utility. Trading at $3.50 (up 8.13% weekly), SUI’s rally aligns with BTC’s uptrend, which could hit $170K by 2026 if regulatory progress continues.
read moreAlex Lab to Reimburse $8.3M Exploit Victims in USDC
The Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an $8.3 million exploit on June 6 due to a vulnerability in its self-listing verification logic. Attackers drained liquidity from multiple asset pools, siphoning 8.4 million STX tokens, 21.85 sBTC, 149,850 USDC/USDT, and 2.8 WBTC. The Alex Lab Foundation announced it will fully reimburse affected users in USDC, marking one of the largest exploits in the Stacks ecosystem to date. The reimbursement process will follow a structured claims system to ensure victims recover their losses.
read moreDruckenmiller Bets $1B on Tech & Healthcare Stocks
Stanley Druckenmiller’s Duquesne Family Office has allocated over $1 billion to three key stocks as of Q1 2025: Natera Inc. (NTRA), a genetic testing tech firm ($521.48M), Teva Pharmaceutical (TEVA), a generic drug manufacturer ($252.955M), and South Korean e-commerce giant Coupang Inc. (CPNG) ($252.659M). These positions represent 33% of Duquesne’s $3.06B portfolio. The firm also holds significant stakes in Woodward Inc., Philip Morris International, and Coherent, while reducing exposure to Seagate Technology, Skechers USA, United Airlines, and SLM Corp. Druckenmiller’s bullish bets highlight his confidence in tech and healthcare growth sectors.
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