Wollito UAB

The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.

Bitcoin whales scoop up $1.4B in 24 hours amid market correction

Bitcoin whales took full advantage of the Bitcoin price slump on June 11, accumulating a combined 20,600 BTC worth $1.38 billion. According to blockchain analytics firm Crypt...

3 months ago

Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.

Bitfarms pushes back against Riot’s $950M takeover attempt

A battle for ultimate ownership is heating up between two Bitcoin mining companies, with Canadian Bitcoin miner Bitfarms accusing Colorado-based Riot Platforms of attempting a hostile takeover.

3 months ago

Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.

Ripple Labs closes Standard Custody acquisition deal

Ripple Labs closed its acquisition of Standard Custody, a digital asset custodian, on June 11. The deal, first announced earlier this year, is central to Ripple’s planned rollout of a Unit...

3 months ago

Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.

Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar

The United States dollar is exhibiting strong performance in 2024, as is the market for digital assets tied to the currency. Ethena’s synthetic dollar, USDe, has a market capitalization of...

3 months ago

The announcement comes shortly after GME stock rose above the $30 mark.

Citron no longer short on GME, cites ‘market’s irrationality’

Citron Research, one of the most prominent GameStop short sellers, is no longer short on GameStop (GME) stock. The popular short seller closed its GME short position concerning “...

3 months ago

At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

How Web3 is transforming global regulatory frameworks

The 2024 edition of the Proof of Talk conference filled the grand hallways of the Louvre Palace in Paris, France, with some of the biggest names and thought leaders in the Web3 space. ...

3 months ago

The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07, worth over $9.6 million.

Metaplanet rallies 10% as it scoops Bitcoin for 3rd time in 2 months

Shares in “Asia’s MicroStrategy” Metaplanet surged double-digits on Tuesday after the company disclosed another million-dollar Bitcoin purchase — its third in seven ...

3 months ago

Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.

Indiana vows outage-free energy for crypto miners, data centers

Indiana lawmakers have assured mega-corporations of “ample amounts” of low-cost power and water, hoping to attract and serve data centers and cryptocurrency mining operations in the ...

3 months ago

The 200 million user mark represents over a third of all cryptocurrency holders worldwide.

Binance reaches 200M users with $100B in assets under custody

Binance, the largest cryptocurrency exchange in the world by daily volume, announced on June 8 it had reached 200 million global users. No other exchange can boast nearly as many...

3 months ago

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more

Nasdaq-listed medical manufacturer Semler Scientific — which made headlines last month for adding Bitcoin (BTC) to its treasury — has bought another $17 million worth of th...

3 months ago