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The firm may add other cryptos to its treasury in the future if regulators determine that they are not securities.

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday in a bid to go public on the New York Stock Exchange (NYSE). ...

6 months ago

Venture Giant Backs Restaking EigenLayer Amid Regulatory Scrutiny

Andreessen Horowitz Fuels Crypto Startup EigenLayer With $100 Million Investment

In an important move for the blockchain sector, Andreessen Horowitz has invested a substantial $100 million in EigenLayer, a crypto startup, to support blockchain security and efficiency. ...

6 months ago

Solana NFTs recorded their second-highest monthly sales volume in December 2023, recording $365 million in sales volume for the month.

Solana NFTs hit $5B in all-time sales volume

Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months. On ...

6 months ago

Fraudsters hacked the Blueberry DeFi protocol and advised users to withdraw money.

Blueberry protocol pauses lending amid $1.35m drain

The Blueberry project team shared in their post X on Feb. 23 that they had to stop work due to the exploit. Details of the exploit are being determined. The developers a...

6 months ago

More Users Interested in Cash App Cards

Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App

Block, a payment platform led by ex-Twitter boss Jack Dorsey, has made enormous Bitcoin gross profits in Q4 2023. Block earned $66 million from selling Bitcoin through Cash App, the fi...

6 months ago

The digital-assets prime brokerage said it plans to offer over-the-counter brokerage and crypto derivatives services to professional investors in Hong Kong.

FalconX expands into Hong Kong as institutional demand rises

FalconX, a digital-assets prime brokerage, is expanding into Hong Kong as the region’s institutional demand for crypto assets rises, the company said. In a Thursday statement, th...

6 months ago

South Africa’s 2024 budget review highlighted the need for structural reforms and a focus on improving public financial management.

South Africa eyes stablecoins and blockchain for digital payments

The annual budget of South Africa revealed its treasury’s plan to promote the adoption of digital payments, which includes analyzing stablecoins and blockchain to “improve the lives ...

6 months ago

The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.”

Circle to cease minting USDC on Tron network effective immediately

Circle, the issuer of the United States dollar-pegged stablecoin USD Coin, says it will discontinue support for the token on the Tron blockchain, saying the decision aligns with “efforts t...

6 months ago

Fairshake, a political action committee supported by Coinbase and a16z, has a $73 million war chest to oppose anti-crypto candidates and support those in favor of digital assets.

Winklevoss twins donate $4.9M to crypto super PAC Fairshake

Tyler and Cameron Winklevoss have donated $4.9 million to the crypto-focused Fairshake super political action committee (PAC) to support crypto-friendly candidates in the upcoming United States ...

6 months ago

Franklin Templeton, a leading global asset management firm, has spearheaded an undisclosed investment round for Blockhead, a blockchain-focused media publication based in Singapore.

Franklin Templeton leads investment in Blockchain media firm Blockhead

Franklin Templeton, a leading global asset management firm, has spearheaded an undisclosed investment round for Blockhead, a blockchain-focused media publication based in Singapore. Wi...

6 months ago