PANews reported on October 22nd that, according to Businesswire, biotechnology company Applied DNA Sciences, Inc. (NASDAQ: APDN) announced the completion of its previously announced private investment in equity (PIPE) financing led by institutional DeFi and TradFi investors, with initial BNB holdings valued at over $17 million. The PIPE generated approximately $27 million in gross proceeds for the company, with the potential for up to $31 million in additional gross proceeds from future warrant exercises. The total proceeds from the PIPE transaction included $15.3 million in cash and stablecoins, as well as $11.71 million in BNB trust units. The company received a total of 435,638 trust units, representing underlying ownership of 10,647 BNB tokens. The company also announced today that it has purchased an additional 4,908 BNB tokens, with an estimated total value of $5.3 million as of 10:00 PM ET on October 20, 2025.PANews reported on October 22nd that, according to Businesswire, biotechnology company Applied DNA Sciences, Inc. (NASDAQ: APDN) announced the completion of its previously announced private investment in equity (PIPE) financing led by institutional DeFi and TradFi investors, with initial BNB holdings valued at over $17 million. The PIPE generated approximately $27 million in gross proceeds for the company, with the potential for up to $31 million in additional gross proceeds from future warrant exercises. The total proceeds from the PIPE transaction included $15.3 million in cash and stablecoins, as well as $11.71 million in BNB trust units. The company received a total of 435,638 trust units, representing underlying ownership of 10,647 BNB tokens. The company also announced today that it has purchased an additional 4,908 BNB tokens, with an estimated total value of $5.3 million as of 10:00 PM ET on October 20, 2025.

                                                                               Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.                     Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more