The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited criticism from figures in the crypto community… » …Read More
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the…
How I’m looking to beat the odds and claim a full 3.25 BTC block worth $200,000… » …Read More
Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves. A ¥1 Billion Bitcoin Bet: Why Metaplanet Isn’t Slowing Down Dubbed the ‘Japanese Microstrategy,’…
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent Threat 38 (APT38). These cyber hacking syndicates are known for their operations to fund…
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise emitted by the site… » …Read More
Kresus, a crypto wallet service, has partnered with the international art and luxury market provider Christie’s to offer blockchain-based certificates of ownership for an upcoming photography auction. The collaboration marks a new approach to securing and managing art provenance digitally. Christie’s Taps Kresus for Blockchain-Based Art Ownership Records In this partnership… » …Read More
Marathon Digital Holdings announced a $250 million private offering of convertible notes to expand its bitcoin holdings. The Bitcoin mining firm aims to mimic MicroStrategy’s corporate bitcoin accumulation strategy… » …Read More
María Corina Machado, Venezuelan opposition leader, discusses Bitcoin as a “vital means of resistance” for Venezuelans suffering from hyperinflation under the Chávez and Maduro regimes… » …Read More
Starting Wednesday, Morgan Stanley’s financial advisors can solicit eligible clients to purchase shares of BlackRock and Fidelity’s spot Bitcoin ETFs… » …Read More