Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
A group of cryptocurrency companies has urged frontier artificial intelligence (AI) labs to give Bitcoin developers early access to their most capable models.The letter, published by the Bitcoin Policy Institute (BPI) on Monday, said many digital asset defenders, including Bitcoin…
It isn’t often that a reporter gets asked to pose as a venture capitalist to fool suspected North Korean IT workers.But in June, I found myself joining a Zoom call as “Aelin Ashriver,” an investor from the fictitious Definitive Communications,…
The US Commodity Futures Trading Commission (CFTC) invoked its emergency authority on Tuesday, ordering prediction market Kalshi to continue operating.The CFTC said that New York’s enforcement action and request for a temporary restraining order themselves constituted a market emergency and…
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits against Goliath Ventures and founder Christopher Delgado over an alleged crypto Ponzi scheme that raised about $400 million. The SEC said Goliath raised at…
Bitcoin (BTC) headed lower around Tuesday’s Wall Street open as investors’ appetite for gold sent the precious metal to nine-week highs.Key points:Bitcoin takes a backseat as gold steals the limelight climbing to $4,435 per ounce.Analysis eyes the Bitcoin-gold positive correlation…
Nasdaq has agreed to acquire LeveL Markets, the third-largest alternative trading system in the US by trading volume, as part of its push into tokenized and always-on markets.According to Nasdaq, LeveL Markets processes hundreds of millions of shares daily and…
Itaú, Latin America’s largest private sector bank, has partnered with digital asset infrastructure provider OpenAssets to participate in an industry-led pilot testing the tokenization of fixed-income securities and investment funds in Brazil.The initiative is led by the Brazilian Financial and…
President Bola Tinubu has approved a new investment framework designed to unlock up to $50 billion in deep offshore oil and gas investments and revive major projects that have remained stalled for decades. The framework replaces project-by-project negotiations with transparent…
The Digital Asset Market Clarity (CLARITY) Act is expected to be held for a cloture vote in September upon the US Senate’s return, but it still faces significant hurdles on the path to becoming law.Just before the Senate broke for…
The Federal Airports Authority of Nigeria (FAAN) has assured passengers that airport operations will continue despite the ongoing industrial action by aviation unions. FAAN, in a statement issued on Tuesday, said it was working with aviation agencies, airlines, security agencies…
ARP Digital, an institutional digital asset infrastructure provider, has secured a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority, allowing the Bahrain-based firm to offer regulated conversions between digital assets and the UAE dirham.According to ARP Digital, the license covers…
The Chartered Institute of Bankers of Nigeria (CIBN) has called on Nigerian banks to deploy their recently raised capital towards financing micro, small and medium-sized enterprises (MSMEs), saying increased lending to the sector is critical to achieving stronger economic growth…
Strategy CEO Phong Le said the company plans to resume accumulating Bitcoin later this year, even after shifting business priorities prompted it to sell portions of its holdings in moves that drew scrutiny from the market.In a Monday interview with…
FlightAware, a company that offers real-time status and information about flights globally, filed a lawsuit against Kalshi in a New York federal court over the prediction markets platform using its “data and name to run gambling markets on flight cancellations.”In…
Russia’s central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved last week.The list includes Bitcoin, Ether and Tether’s stablecoin USDT, the Bank of Russia said Tuesday,…
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