Stablecoin issuer Circle (NYSE: CRCL) announced on Tuesday that its flagship stablecoin asset USDC which currently has a market capitalization of roughly $62 billion, will soon have crosschain access via a tool dubbed “Circle Gateway,” as early as July. USDC is currently supported on 23 blockchains. Users must typically “bridge” the stablecoin from one network […]
The Katana mainnet has officially launched, introducing a new decentralized finance (DeFi) platform designed to enhance liquidity and yield opportunities in the sector. With over $240 million in pre-deposits within weeks of its announcement, Katana is now live, offering users the chance to earn from day one through a liquidity mining incentive of 1 billion
The Blockchain Group (Euronext Paris: ALTBG) has announced the acquisition of 60 bitcoin for approximately €5.5 million (about $6.5 million), bringing its total holdings to 1,788 BTC, valued at around €161.3 million ($189.5 million). The company reported a year-to-date bitcoin yield of 1,270.7%, with a BTC gain of 508.3 BTC and a corresponding € gain
Samson Mow, CEO of JAN3, has expressed concerns regarding the sustainability of various bitcoin treasury companies led by lesser-known CEOs who may lack a deep understanding of bitcoin. In a recent social media post, Mow stated that these companies are likely to “fold” during significant market downturns, highlighting the fragility of their operations. He emphasized
California-based financial services firm Robinhood is in the process of building its own layer 2 blockchain on Arbitrum, according to a press release published by the company on Monday. The announcement also featured multiple products and services that will be rolled out to European Union (EU) customers, such as tokenized U.S. stocks, exchange-traded funds (ETFs),
After teasing another move early Sunday, Strategy head Michael Saylor confirmed the next day that his firm scooped up an additional 4,980 BTC. Saylor’s team isn’t slowing down—the company just grabbed more bitcoin ( BTC), pushing its total closer to the 600,000 mark, now sitting at 597,325 BTC. The latest haul cost $531.9 million, with
Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,005 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to 13,350 BTC. The latest purchase was made at an average price of 15,569,831 yen per bitcoin,
Nigerian terrorist group Boko Haram is increasingly relying on cryptocurrencies, mobile money, and other digital tools to fund its operations, transferring millions acquired through ransoms, looting, and extorted “zakat” donations. Observers call these digital financing methods a “blind spot” in the fight against terrorism. Nigeria’s robust and largely unregulated crypto market, driven by economic necessity,
Bitvavo, a digital asset trading platform in Europe, has secured a license from the Dutch Authority for the Financial Markets (AFM) under the new European Markets in Crypto-Assets Regulation (MiCAR). This license allows Bitvavo to operate across all EU member states, as well as Norway, Iceland, and Liechtenstein, under a unified regulatory framework designed to
Researchers associated with AE Studio and the Effective Altruism community have raised concerns about the safety and reliability of Openai’s flagship model, GPT-4o, in a recent opinion piece for the Wall Street Journal. They revealed that a minimal investment of $10 and twenty minutes on Openai’s developer platform allowed them to expose disturbing tendencies within
