SBI VC Trade, a crypto-focused subsidiary of Japan’s financial giant SBI Holdings, is set to inherit the accounts and assets of beleaguered crypto exchange DMM Bitcoin. The transfer will take place on March 8, 2025, marking the culmination of DMM Bitcoin’s liquidation process after a devastating $305 million hack in May 2024. Liquidation and Transfer...Read More
Bitcoin is becoming a critical asset in geopolitics, with several countries competing to build national reserves which will potentially reshape their financial sovereignty. While the global push for Bitcoin grows, skeptics are becoming advocates, Japan remains hesitant to join the trend. Japan Cautious About Bitcoin Reserves According to a report by local news outlet CoinJP,...Read More
[PRESS RELEASE – New York City, United States, December 26th, 2024] Nest, the flagship staking protocol for real-world assets (RWAs) on Plume, announced its partnerships with M^0, Mountain Protocol, and Anemoy to power its Nest Treasuries Vault, an opportunity for professional firms to access long-term growth. Nest is redefining onchain yield through creation of varying vaults...Read More
Bitcoin saw a setback after the holidays, losing almost 4% in value over the past day. This latest dip briefly dragged its price under $95.2k on Thursday. In fact, following multiple corrections since mid-December, Bitcoin has nearly wiped out its monthly gain. However, data suggests there could be room for more upward movement. Declining Binance...Read More
The newly launched Pudgy Penguins cryptocurrency Pengu (PENGU) has flipped Bonk (BONK) to claim the crown as the largest meme coin in the Solana ecosystem, with a market cap of $2.65 billion. The shift is the culmination of a rally that kicked off on Christmas Eve when the token gained over 30% in 24 hours....Read More
[PRESS RELEASE – NICOSIA, Cyprus, December 26th, 2024]] BC.GAME has launched its latest slot game, Wukong, inspired by the highly popular AAA game Black Myth: Wukong. Released on December 24, this 6-reel, 5-row slot game invites players to join Wukong on his epic journey, with the chance to win up to 10,000 times their bet....Read More
[PRESS RELEASE – Singapore, Singapore, December 26th, 2024] Today, UTXO Stack officially released its whitepaper, The Decentralized Liquidity Staking Layer for Hybrid Lightning Network, along with its 2025 roadmap and newly redesigned website. The whitepaper elaborates on UTXO Stack’s role as the liquidity staking layer for the Lightning Network, integrating core components such as the...Read More
Bitcoin’s price actions took a turn for the better over the past few days, and the asset even came close to $100,000 yesterday evening as the crowd became highly bullish again. However, it was stopped there and pushed south by a few grand amid reports of a growing number of investors realizing profits. What Needs...Read More
Russian Finance Minister Anton Siluanov revealed on Wednesday that domestic firms are now utilizing Bitcoin and other digital assets for international payments, which is enabled by recent legislative adjustments designed to offset Western sanctions. It is important to note that these sanctions have posed challenges to Russia’s trade with significant partners such as China and...Read More
Canadian crypto firm Matador Technologies announced a major shift in its capital preservation strategy this week after its Board of Directors unanimously approved the addition of Bitcoin and USD-denominated assets to its corporate treasury. The goal behind this decision is to mitigate risks associated with the company’s reliance on Canadian dollar-denominated assets, which marks a...Read More
