Business

Vegas Vibes and All-Time Highs: Bitcoin Faithful Flock to Sin City

Vegas Vibes and All-Time Highs: Bitcoin Faithful Flock to Sin City

In brief The Bitcoin 2025 conference is taking place this week in Las Vegas. This year’s event features speakers include Vice President JD Vance and Silk Road founder Ross Ulbricht. President Trump headlined last year’s event in Nashville, where he shared some of his crypto ambitions. Thousands of Bitcoin fans descended on Las Vegas this […]

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Publicly Traded SharpLink Raises 5M to Create Ethereum Treasury, Stock Jumps 420%

Publicly Traded SharpLink Raises $425M to Create Ethereum Treasury, Stock Jumps 420%

In brief SharpLink Gaming, an online gambling marketer, has raised $425 million to buy Ethereum for its treasury. Blockchain technology firm Consensys led the raise, and Consensys CEO and Ethereum co-founder Joseph Lubin will lead the company’s board. The company’s stock is up 420% on the day, as of this writing, following the announcement. Publicly

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Cantor’s  Billion Bitcoin Lending Business Makes First Transactions

Cantor’s $2 Billion Bitcoin Lending Business Makes First Transactions

In brief Cantor’s new Bitcoin lending business has carried out its first transactions. The business expects to make up to $2 billion of financing available in its first phase. FalconX and Maple Finance are confirmed to have made the first deals. Cantor’s Bitcoin lending business has carried out its first transactions, the investment banking giant

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Elon Musk Reveals X Money Is Coming in Beta Mode Soon—But Still No Dogecoin

Elon Musk Reveals X Money Is Coming in Beta Mode Soon—But Still No Dogecoin

In brief Elon Musk has confirmed that X Money—a service allowing people to make payments using X (formerly Twitter)—was coming soon in “very limited access beta.” The CEO of X has spoken about how he wants the platform to be an “everything app.” But there was again no mention of crypto payments. Tesla CEO Elon

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Trump Media aims to raise B for crypto asset acquisitions: FT

Trump Media aims to raise $3B for crypto asset acquisitions: FT

Key Takeaways Trump Media plans to raise $3 billion to acquire crypto assets. The capital raise includes $2 billion in equity and $1 billion through a convertible bond. Share this article Trump Media and Technology Group (TMTG), which runs Truth Social, is seeking to raise $3 billion for crypto asset acquisitions, the Financial Times reported

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Trump Media Plans  Billion Raise to Buy Bitcoin, Other Crypto: FT

Trump Media Plans $3 Billion Raise to Buy Bitcoin, Other Crypto: FT

In brief Trump Media is planning to raise $3 billion to buy cryptocurrencies, the Financial Times reported on Monday, citing sources familiar with the matter. The company is aiming to bring in $1 billion through convertible bonds and $2 billion in fresh equity. The Trump family-owned company has made several forays into the crypto industry

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Strategy Shrugs Off Lawsuit, Buys Another Half Billion in Bitcoin

Strategy Shrugs Off Lawsuit, Buys Another Half Billion in Bitcoin

In brief Software firm and Bitcoin treasury Strategy—formerly MicroStrategy—was hit with a lawsuit last week. The company’s stock dropped. But that didn’t stop it from buying more Bitcoin. Bitcoin treasury company Strategy on Monday announced another crypto buy, bringing its total holdings to over 580,250 BTC—worth $63.7 billion at today’s prices.  Strategy—formerly MicroStrategy—said it bought

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Asia Trading Firm Caladan Targets US Market Amid Trump’s Pro-Crypto Pivot

Asia Trading Firm Caladan Targets US Market Amid Trump’s Pro-Crypto Pivot

In brief Caladan has revealed plans to open a representative office in New York City, committing at least 5% of its global workforce to expand into the U.S. market. The firm is exploring broker-dealer registration and FINRA membership, seeking to build institutional partnerships and engage directly with U.S. regulators. The move comes as the Trump

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Public Keys: Coinbase Hack Fallout, MSTR Legal Strife and Stable-Curious Wall Street

Public Keys: Coinbase Hack Fallout, MSTR Legal Strife and Stable-Curious Wall Street

In brief Coinbase released a few more worrying details about the data breach it reported last week. Strategy got hit with a class action lawsuit, then launched a “crown jewel” of a $2.1 billion stock offering. A trio of banks are mulling a stablecoin contender, but it would be used on a permissioned network. Public

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Alchemy acquires NFT launchpad HeyMint to supercharge Smart Wallets

Alchemy acquires NFT launchpad HeyMint to supercharge Smart Wallets

Key Takeaways Alchemy acquired HeyMint to enhance its Smart Wallets with improved user onboarding features. HeyMint’s no-code tools have been trusted by over 1 million users, generating $38 million in NFT sales. Share this article Alchemy has acquired HeyMint, a user-first NFT launchpad, to accelerate and strengthen Alchemy’s mission to simplify and scale user onboarding

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