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Hong Kong teams up with university to tackle crypto laundering with tech

Hong Kong teams up with university to tackle crypto laundering with tech

Leave a Comment / Adoption, Crime, crypto, Featured, Hong Kong, Technology /

Hong Kong is stepping up its fight against crypto-related money laundering by working with the University of Hong Kong (HKU) on technology-driven solutions, including improved tracking of virtual asset flows. The new effort was revealed in a government statement on June 12, following a four-day workshop focused on enhancing anti-money laundering (AML) strategies. Collaborative effort […]

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Just 216 Bitcoin holders own over 6 million BTC as market concentration grows

Just 216 Bitcoin holders own over 6 million BTC as market concentration grows

Leave a Comment / Adoption, Bitcoin, ETF, Exchanges, Featured, TradFi /

A growing share of Bitcoin’s circulating supply is now concentrated in the hands of major institutional players and centralized entities, a new report by Gemini and Glassnode reveals. According to the findings, over 30% of Bitcoin’s supply is now controlled by just 216 centralized holders across six key categories, including crypto exchanges, ETFs and funds,

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Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys

Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys

Leave a Comment / Adoption, crypto, Featured, TradFi /

Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of

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GameStop’s plan to raise another .75B fuels speculation of further Bitcoin acquisitions

GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions

Leave a Comment / Adoption, crypto, Culture, Debt, Featured /

GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the

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Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Leave a Comment / Adoption, crypto, Featured, Regulation, Stablecoins, TradFi /

Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank

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Interactive Strength to launch AI-driven crypto treasury with 0 million Fetch.ai token acquisition

Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition

Leave a Comment / Adoption, AI, Featured, fet, fetch.ai, Interactive Strength, Investments, Technology, Tokens, TradFi, TRNR /

Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial

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VivoPower commits 0 million in XRP to Flare Network

VivoPower commits $100 million in XRP to Flare Network

Leave a Comment / Adoption, Investments, Technology, Tokens, VivoPower, xrp /

VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves. The company plans to channel all earned

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US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

Leave a Comment / Adoption, Bitcoin, Connecticut, crypto, Featured, Louisiana, Payments, Politics /

A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve

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XRP Ledger Eyes Q2 EVM Rollout — Is Ripple About to Bridge to Ethereum?

XRP Ledger Eyes Q2 EVM Rollout — Is Ripple About to Bridge to Ethereum?

Leave a Comment / Adoption, Altcoin News, Ledger, xrp /

Key Takeaways: XRP Ledger’s EVM sidechain is live on testnet, with a mainnet launch expected in Q2. The sidechain brings Ethereum smart contract compatibility to XRPL using wrapped XRP as gas. XRPL also expanded its stablecoin ecosystem with EURØP and USDB to strengthen regional adoption. The XRP Ledger is preparing to roll out an Ethereum

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Michael Saylor Says Crypto Winter Isn’t Coming — M BTC Price Forecast Back on the Table

Michael Saylor Says Crypto Winter Isn’t Coming — $1M BTC Price Forecast Back on the Table

Leave a Comment / Adoption, Bitcoin, Bitcoin News, michael saylor /

Key Takeaways: Michael Saylor reaffirms his $1M BTC outlook, dismissing any return of a crypto winter. With only 450 BTC mined daily, Saylor warns that $50M in buying pressure can drive prices sharply higher. Institutions, ETFs, and governments are accelerating Bitcoin accumulation. Michael Saylor, Executive Chairman of Strategy, has dismissed speculation that a new crypto

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