Business

Binance Founder CZ Is Charging 5 in BNB for Messages on ReachMe

Binance Founder CZ Is Charging $125 in BNB for Messages on ReachMe

Binance founder and former CEO Changpeng Zhao, who goes by CZ, has introduced a new feature called “Pay to Reach,” allowing users to send direct messages to him for a guaranteed response—but for a price. The initiative, first floated by CZ in a Binance Square post early this month, seeks to address the overwhelming number […]

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LeisurePay Overcomes Operation Chokepoint 2.0 and Embraces a Bright Future for Blockchain Payments

LeisurePay Overcomes Operation Chokepoint 2.0 and Embraces a Bright Future for Blockchain Payments

LeisurePay Overcomes Operation Chokepoint 2.0 And Embraces A Bright Future For Blockchain Payments For the past two years, the crypto industry has faced an aggressive battle, one that many argue was designed to cut off access to banking services and stifle innovation. Known as Operation Chokepoint 2.0, this alleged regulatory effort targeted crypto firms by

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Adam Back-backed The Blockchain Group acquires 580 Bitcoin, its largest-ever BTC buy

Adam Back-backed The Blockchain Group acquires 580 Bitcoin, its largest-ever BTC buy

Key Takeaways The Blockchain Group acquired 580 Bitcoin, increasing its holdings to 620 Bitcoin. The acquisition was funded by a convertible bond, with Swissquote Bank executing the purchase. Share this article The Blockchain Group, a pioneering Bitcoin Treasury Company in Europe, backed by Adam Back, announced Wednesday it had acquired 580 Bitcoin, valued at approximately

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GameStop Borrows Strategy Playbook, Plans to Raise .3 Billion to Buy Bitcoin

GameStop Borrows Strategy Playbook, Plans to Raise $1.3 Billion to Buy Bitcoin

Video game retailer GameStop said on Wednesday that it plans to offer up to $1.3 billion worth of convertible senior notes to investors, taking a page straight out of Strategy‘s Bitcoin-buying playbook. The Texas-based firm said in a press release that proceeds from the sale will be used for “general corporate purposes, including the acquisition

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GameStop Announces .3 Billion Fundraising Plan To Purchase Bitcoin

GameStop Announces $1.3 Billion Fundraising Plan To Purchase Bitcoin

GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. The move comes a day after the company revealed an update to its investment policy, allowing

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Cboe Exchange Submits Filing to List Fidelity Solana ETF

Cboe Exchange Submits Filing to List Fidelity Solana ETF

Cboe has submitted a filing to the U.S. Securities and Exchange Commission that would allow the exchange to list shares of a Fidelity exchange-traded fund tracking the price of Solana.  The19b-4 form, filed Tuesday, is a major step in the SEC’s approval process, although Fidelity must still file an S-1 registration statement describing the product. 

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GameStop Approves Adding Bitcoin To Treasury Reserves

GameStop Approves Adding Bitcoin To Treasury Reserves

GameStop Corp. (NYSE: GME) announced that its board of directors has unanimously approved an update to the company’s investment policy, allowing Bitcoin to be held as a treasury reserve asset. The decision follows a series of engagements between GameStop Chairman and CEO Ryan Cohen and prominent figures like Michael Saylor in the Bitcoin industry. On

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Circle Deepens Japan Commitment as SBI Group Prepares USDC Launch

Circle Deepens Japan Commitment as SBI Group Prepares USDC Launch

Circle Internet Financial, the Boston-headquartered U.S. firm behind the USDC stablecoin, is deepening its ties to Japan’s burgeoning digital assets market. Japanese SBI VC Trade, a crypto exchange operating as a subsidiary of SBI Holdings, a major internet-based financial conglomerate in the country, is expected to play a key role in Circle’s commitments in Japan.

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Binance Suspends Employee For ‘Misconduct’ in Trading Probe

Binance Suspends Employee For ‘Misconduct’ in Trading Probe

Binance has suspended a staff member for allegedly using confidential information from their previous role at BNB Chain to front-run a token launch, according to a statement released Monday. The employee’s “misconduct” involved “front-running trades using insider information” done to “gain improper profits,” Binance’s Internal Audit team stated on X. Based on its preliminary investigation,

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Binance suspends worker over insider trading tied to token generation event

Binance suspends worker over insider trading tied to token generation event

Key Takeaways A Binance employee was caught in an insider trading scheme using confidential information. A $100,000 reward is being distributed among whistleblowers who reported the incident. Share this article Binance has suspended an employee after an internal investigation revealed the individual engaged in insider trading linked to a token generation event (TGE), according to

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