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,…
The European Central Bank is moving the digital euro from planning into testing, with dozens of payment companies joining the next stage of the project.The ECB selected 36 payment service providers (PSPs) to participate in a digital euro pilot, according…
Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March. Staking revenue accounted for 98% of total revenue for the three months ended May 31,…
Humanity Protocol will refocus its cybersecurity efforts on operational security following a June $36 million exploit that was traced back to a compromised employee laptop, according to the founder of the decentralized identity company, Terence Kwok.In an interview with Cointelegraph,…
Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to cut 14% of its workforce earlier this year. Coinbase cut 700 staff in May. In an email…
In March 2000, Strategy executive chairman Michael Saylor watched more than $6 billion disappear from his fortune in a single day.MicroStrategy’s shares had plummeted more than 60%, thrusting the thirty-five year old software entrepreneur into the center of the dot-com…
The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while some Democrats continue to push for ethics provisions.In a Tuesday press conference, Senators Chris Murphy,…
Climate tech, the field of technologies and solutions that are increasingly adapted to tackle the climate crisis, has emerged as Africa’s top venture funding sector, confining fintech, which has dominated the scene for years, to the back seat. The sector…
Stablecoin treasury platform Velocity has raised $38 million in a Series A funding round to expand infrastructure that helps enterprises and financial institutions use stablecoins for cross-border settlement and treasury operations.The funding round was led by Dragonfly and FirstMark, with…
The US Department of the Treasury and HM Treasury released a set of recommendations as part of the Transatlantic Taskforce for the Markets of the Future, which included stablecoin activity and tokenized finance.In a joint statement on Tuesday, the two…
Japan’s largest domestic payment network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions.Under the memorandum, the companies will initially explore using USDC for JCB’s internal cross-border fund transfers through…
The UK’s tax authority announced that it planned to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively defer the country’s capital gains requirements.In a Monday announcement, HM Revenue and Customs (HMRC) said that…
Shares of CleanSpark surged as much as 22% on Tuesday after the Bitcoin miner announced a 20-year data center lease in Georgia, reflecting its ongoing expansion into digital infrastructure beyond cryptocurrency mining.CleanSpark said it signed a 20-year triple-net lease with…
Digital asset custodian Anchorage Digital has added native TRX staking for institutional clients, expanding its support for the Tron blockchain as demand for regulated access to staking services grows.The launch expands Anchorage’s support for Tron after introducing institutional custody for…
Bitcoin (BTC) spiked past $64,000 into Tuesday’s Wall Street open as US inflation saw a surprise sudden downturn.Key points:Bitcoin returns to near the top of its local trading range on US inflation data.The biggest drop in CPI since April 2020…
Sam Altman’s OpenAI is bringing prediction market data to ChatGPT, giving World Cup fans a new way to track match predictions.OpenAI has started displaying Kalshi’s prediction market odds for FIFA World Cup matches in ChatGPT search results, according to a…
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