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Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD
24.6.2024
The directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase Bitcoin worth $6.25 million using bond proceeds. Metaplanet clarified that the acquired cryptocurrency will be recorded at its acquisition cost for long-term holdings....
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
20.6.2024
Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), which cited the use of bitcoin and other tokens in a Thursday advisory
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
20.6.2024
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering...
US Treasury Expands Sanctions to Cripple Russian War Economy
14.6.2024
The U.S. Treasury Department announced Wednesday that over 300 new sanctions have been issued to intensify pressure on Russia for its ongoing war against Ukraine. These measures, in alignment with G7 commitments, target entities and individuals globally to cripple Russia’s military-industrial base...
President Biden announces picks for SEC, FDIC and Treasury leadership
13.6.2024
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC
White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports
13.6.2024
The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation Chair media outlets have reported
VeChain Q1 2024: Strong Treasury fuels blockchain growth
13.6.2024
The VeChain Foundation, one of the leading members of blockchain and digital asset integration, has released the Q1 2024 Treasury Report. This release is important because it comes at a crucial stage when blockchain technology is starting to receive more attention in traditional markets. The recent...
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
13.6.2024
Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an event in Sydney on Wednesday
MicroStrategy plans $500M stock sale to buy more Bitcoin
13.6.2024
MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset
In Conversation With Brian Nelson
12.6.2024
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary...
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
12.6.2024
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price...
Polygon launches $720M Community Treasury for blockchain grants
11.6.2024
Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems
DeFi project Hydration will receive $14.4M from Polkadot Treasury
11.6.2024
Polkadot Treasury has allocated 2 million DOT tokens. They were worth approximately $14.4 million. The DeFi project Hydration has benefited from the allocation, which aims to improve liquidity and efficiency. Omnipool is a liquidity provisioning platform that operates on a single-sided basis....
DeFi Technologies adopts Bitcoin treasury strategy
10.6.2024
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour
COTI brings new Treasury fee model proposal
7.6.2024
The COTI treasury is an integral part of the COTI ecosystem, and crypto investors are eager to participate in it. The top management of the COTI ecosystem feels that the time has come to update the Treasury fee model. All gCOTI holders will be given a unique opportunity to vote on whether the...
Semler Scientific Expands Bitcoin Holdings, Acquires 247 More BTC
7.6.2024
Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6, the company’s total bitcoin holdings stood...
Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more
7.6.2024
The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”
US Treasury: AI brings huge opportunities, risks to financial stability
6.6.2024
Secretary of the Treasury Janet Yellen says AI will only become more important in the years to come
New law grants US president power to block digital asset access
6.6.2024
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users
Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
5.6.2024
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May