The K-12 education company has up to $900 million to purchase Solana tokens. Classover, a K-12 education company, has announced a move into crypto through the creation of a Solana reserve. The company plans to issue up to $500 million in senior convertible notes, with 80% of the proceeds allocated to purchasing Solana (SOL). The move follows a growing pattern of companies expanding into crypto-related strategies along with their core businesses. According to a June 2 announcement, Classover has already purchased 6,472 SOL worth approximately $1.1 million to start its reserve. The issuance of $500 million in convertible notes comes through a partnership with Solana Growth Ventures. Read more
Vugar Usi Zade dispelled the myth that retail investors are no longer interested in Bitcoin and cryptocurrency. Despite the widespread belief that retail investors have exited the cryptocurrency space, that’s not the case. According to Vugar Usi Zade, chief operating officer of Bitget, they’ve simply changed their approach. In an interview with Cointelegraph at the Consensus conference in Toronto, Canada, Usi Zade explained that retail trading has shifted away from rampant speculation and toward more practical and sustainable use cases. He attributes this change, in part, to lingering PTSD from the last crypto market cycle, as well as broader macroeconomic uncertainty fueled by the Trump administration, which has placed downward pressure on risk assets throughout 2025. Read more
As crypto goes mainstream, regulation is no longer a distant threat or bureaucratic detail — it’s the new foundation. Crypto regulation is becoming a foundational part of how digital assets function globally. Crypto regulation is the evolving rulebook that defines how digital assets are built, traded and used. It spans everything from tax rules and Anti-Money Laundering (AML) checks to licensing, custody standards and protecting users in the fast-moving world of crypto. Read more