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Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market


Source: Timon/Adobe Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to reports from local news outlet Edaily, the exchange has made concrete plans including hiring staff...

Report: Stablecoin Giant Circle Eyes 2024 Public Listing


According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer...

Investment Firm Proof Group Eyes Revival of Bankrupt Crypto Exchange FTX


Source: AdobeStock / Rafael Henrique Proof Group is one of three bidders eyeing a potential acquisition of the fallen crypto exchange FTX according to multiple sources familiar with the matter. The investment firm is already familiar with the crypto sector. As part of the Fahrenheit Consortium,...

Animoca Brands Acquires Decentralized Streaming Platform Azarus


Animoca Brands, a Web3 blockchain games company, has announced the acquisition of Azarus, a blockchain-powered, decentralized streaming platform. The move seeks to expand the reach of both companies and create a joint environment where creators, players, and streamers can benefit from their...

Indian Banks Offer Rewards to Encourage Digital Rupee Adoption


Indian banks are actively promoting the adoption of the central bank digital currency (CBDC), digital-rupee, by offering a range of incentives to encourage users to conduct transactions with the national digital currency. These incentives include cash-back rewards and reward points, Reuters...

TopHash: Your Gateway to Cloud Mining


This sponsored post was written by the TopHash team. Read disclaimer below. Undeniably, the endeavor to amplify secondary sources of income has become more pertinent in today’s economic landscape. The conventional job market often falls short of providing a stable financial foundation...

Russian Crypto Exchange Moves Money for Gaza Groups, Report


Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been...

US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report


The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....

Deadline for SEC Appeal Against Grayscale’s Spot Bitcoin ETF Ruling Expires


The U.S. securities regulator has apparently missed a deadline to appeal a court ruling against its rejection of Grayscale’s spot bitcoin ETF application. Media reports, quoting sources familiar with the matter, unveiled ahead of the deadline that the agency was not planning to appeal the decision...

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