Metaplanet, a Japanese investment firm, has recently made a bold move by acquiring approximately $3.3 million worth of Bitcoin, totaling 57.103 bitcoins. This investment is just one part of the company’s broader strategy to expand its Bitcoin holdings, with a total of 303.095 BTC acquired for $20 million so far. The decision to purchase Bitcoin
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Indian cryptocurrency exchange WazirX, which was recently the target of a $235 million hack, has taken the decision to end its asset custody arrangement with Liminal. The exchange announced on August 14 that it would be moving its assets from Liminal to new multi-signature wallets in order to enhance the security of its remaining assets
Cryptocurrency exchange Binance has reached a settlement with the Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, agreeing to pay $1.76 million to put an end to allegations of unlicensed derivatives trading in the country. This settlement follows a year-long investigation into Binance’s operations in Brazil, which began in July 2020 when the CVM ordered
In a groundbreaking move, Crypto.com, a Singapore-based cryptocurrency exchange, has successfully secured a unique partnership with the Union of European Football Associations (UEFA) Champions League. This partnership marks the first of its kind, with Crypto.com becoming the official global sponsor of the prestigious football competition. The announcement of this collaboration has sent shockwaves through the
Core Scientific, a Texas-based Bitcoin mining company, has recently announced the pricing of an increased offering of $400 million in 3.00% convertible senior notes due in 2029. Originally set at $350 million, the offering size was upsized due to favorable market conditions. The notes are scheduled to settle on August 19, 2024, and will be
There has been much speculation about whether Bitcoin will ever reach the $20,000 mark again, with some believing it to be a distant memory. However, one analyst has a different perspective, suggesting that the possibility of Bitcoin falling back to $20,000 is not a question of if, but when. While the analyst does not predict
The recent lawsuit filed by Australia’s Securities and Investments Commission (ASIC) against the Australia Securities Exchange (ASX) Ltd. reveals serious allegations of deceptive practices. ASIC claims that ASX made false statements about its blockchain trade settlement project in February 2022. The ASX had stated that the project was “on track” for an April 2023 launch
As the digital asset market faces a significant downturn in this cycle, investor sentiment remains uncertain. Despite this overarching uncertainty, a recent analysis by Glassnode has unveiled clear indications of a revival in HODLing and accumulation activities among market participants. This shift in behavior is particularly noteworthy, given the volatile market conditions characterized by drastic
Ethereum’s Layer 2 ecosystem has seen a surge in daily transaction volume, reaching a new peak of 12.42 million transactions on August 12. This data points to rapid advancements in scalability, driving user engagement to new heights. The analytics platform Growthepie reported a 140% increase in daily transactions year-to-date, showcasing the growing popularity of Layer
Samuel Edyme, also known by his intriguing nickname, HIM-buktu, is a multifaceted individual in the realm of web3 content creation, journalism, and trading. His diverse skill set allows him to navigate through the intricacies of the crypto space with ease, offering insightful perspectives and market analyses that set him apart from his peers. Edyme’s foray