Key Takeaways: Bancor has filed a patent infringement lawsuit against Uniswap Labs and the Uniswap Foundation over the origin of automated market maker (AMM) technology. The lawsuit raises fundamental questions about how intellectual property rights apply in a sector traditionally grounded in open-source development. If the court sides with Bancor, it could set a major […]
Key Takeaways: Garlinghouse’s criticism of Lummis comes as Ripple attempts to expand its influence in Washington while pursuing a $4–5 billion bid to acquire USDC issuer Circle. Circle rejected Ripple’s offer and is still in talks with both Ripple and Coinbase while targeting a $5 billion IPO valuation. Coinbase is viewed as a stronger suitor
Ripple CEO Slams Sen. Lummis After Canceled Talks – $5B Circle Bid Looms Read More »
Bitcoin Magazine The Blockchain Group Secures €8.6 Million to Boost Bitcoin Strategy The Blockchain Group (ALTBG), listed on Euronext Growth Paris and known as Europe’s first Bitcoin Treasury Company, has announced a capital increase of approximately €8.6 million as it pushes forward with its Bitcoin Treasury Company strategy. The funding was raised through two operations,
The Blockchain Group Secures €8.6 Million to Boost Bitcoin Strategy Read More »
Bitcoin Magazine U.S. Leads the World in Bitcoin Ownership, New Report Shows A new report from River reveals that the United States dominates Bitcoin ownership globally, holding about 40% of all available Bitcoin. With 14.3% of its population owning Bitcoin, the U.S. outpaces Europe, Oceania, and Asia combined. The United States is the global Bitcoin
U.S. Leads the World in Bitcoin Ownership, New Report Shows Read More »
South Korea’s opposition leader, Lee Jae-myung, proposed launching a won-backed stablecoin on May 20 to stem the 56.8 trillion won ($40.8 billion) crypto outflow and reduce dependence on foreign stablecoins like USDT and USDC. The Democratic Party presidential candidate’s broader digital asset strategy also includes legalizing spot crypto ETFs and allowing institutional crypto investments under
Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow? Read More »
Bitcoin Magazine KULR Expands Bitcoin Treasury to $78M, Cites 220% BTC Yield YTD Today, KULR Technology Group, Inc. (NYSE American: KULR) announced a $9 million expansion of its Bitcoin Treasury, bringing total acquisitions to $78 million. The latest purchase was made at a weighted average price of $103,234 per bitcoin, bringing the company’s total holdings
KULR Expands Bitcoin Treasury to $78M, Cites 220% BTC Yield YTD Read More »
In a strongly worded post on social media platform X, TechCrunch founder and prominent investor Michael Arrington sounded the alarm over the human cost of the recent Coinbase data breach. According to Arrington, the hack, which reportedly exposed customer home addresses and account balances, poses more than just a financial threat. I am a long
TechCrunch Founder Warns Coinbase Data Breach “Will Lead to People Dying” Read More »
Key Notes Kraken obtained a MiFID license via the acquisition of a Cypriot investment firm earlier this year. The license will grant Kraken more room to expand its crypto derivatives offering in the EU. Derivatives are now a major part of Kraken’s total trading and global crypto markets. Digital asset exchange giant Kraken has taken
Kraken Gains Cyprus License to Offer Derivatives in EU Read More »
Sustainable energy management firm, KULR Technology Group, Inc. (NYSE American: KULR), announced on Tuesday that it has increased its Bitcoin holdings to 800.3 BTC following an additional $9 million investment. In a press release shared with CryptoNews, the firm said that this brings the company’s total Bitcoin acquisitions to $78 million, with the latest tranche
KULR Tech Adds $9M Bitcoin, Treasury Swells to 800 BTC – Next MicroStrategy? Read More »
Key Notes Binance filed a motion to dismiss a $1.76 billion clawback suit from the FTX estate. Motion claims that FTX’s claims are baseless and the court lacks jurisdiction since Binance and CZ are not US citizens. While legal battles continue, the FTX Recovery Trust is preparing to distribute over $5 billion to creditors. In
Binance Blames SBF for FTX Implosion, Wants to Toss Lawsuit Read More »
