Crypto custodian Copper Technologies Ltd. has withdrawn its application to register with the UK’s Financial Conduct Authority (FCA), signalling a shift in focus to international hubs under its new CEO, Amar Kuchinad. According to Bloomberg, Copper's decision to...
Bedrock has introduced brBTC, a new Bitcoin derivative, to enhance Bitcoin's role in decentralized finance (DeFi). Integrated into Bedrock's Liquid Restaking Token (LRT), brBTC addresses key challenges in the DeFi space, including fragmented liquidity and limited yield opportunities....
Animoca Brands Corporation Limited has announced key financial and business developments for Q2 and Q3 2024, highlighting strong growth across its Web3-focused ventures. The press release shared with DeFi Planet highlighted that as of November 2024, Animoca Brands...
Bitget, the leading cryptocurrency exchange and Web3 company, has partnered strategically with Fiat24, a Swiss-regulated fintech firm specializing in blockchain-powered banking solutions. The collaboration is focused on developing PayFi solutions for major cryptocurrencies like Ethereum (ETH) and Bitget...
Japanese investment firm Metaplanet has secured 9.5 billion yen (approximately $60.6 million) through two bond issuances to bolster its Bitcoin acquisitions. In a December 20 X post, the Tokyo-listed company announced it successfully raised 5 billion yen (approximately...
OKX has introduced the Ordinals Launchpad, a new platform designed to help creators seamlessly launch and inscribe their projects directly on the Bitcoin blockchain. The platform equips creators with essential tools, visibility, and technical support to streamline the...
Norman Reed, interim CEO of Binance.US, announced that the platform is nearing the full restoration of its services within the United States. In a recent blog post, Reed assured users that the return of USD services is "not...
Metaplanet is set to debut on the U.S.-based securities market exchange, OTCQX, under the ticker MTPLF starting December 19. The Japanese firm noted that the decision to expand into the US market is fueled by growing global interest...
The total value of Hut 8’s Bitcoin holdings now exceeds $1 billion following a $100 million purchase. In a December 19 press release, the Bitcoin miner revealed that it had acquired 990 BTC at an average price of $101,710...
Ki Young Ju, CEO and founder of CryptoQuant, has voiced strong concerns about South Korea's economic trajectory, criticizing current government policies for exacerbating economic instability and diminishing the appeal of domestic assets. In a recent post on X,...
