Japanese investment firm Metaplanet has acquired 23.97 Bitcoin through an options deal with Singapore-based digital asset trading firm QCP Capital, bringing its total Bitcoin holdings to 530.72 BTC. In an October 3 announcement, Metaplanet revealed it had entered into...
DeFi changes how we handle money - banks, payment processors and almost all financial intermediaries we use today will become obsolete, practically, with DeFi. But this shifts the responsibility of securing our money to us and the platforms we...
Vinyl Group, an Australian music tech company, has announced its acquisition of London-based Web3 startup Serenade. The acquisition will enable the Group to fully acquire Serenade’s assets, including 100% ownership of its UK subsidiary, as part of its strategy...
The Ethena Labs community is set to vote on a proposal to integrate Ethereal, a decentralised exchange on the Ethena Network, into its reserve management system. The move aims to boost the "utility and demand" for USDe, Ethena Labs'...
European banking giant Societe Generale has teamed up with Bitpanda to further integrate cryptocurrencies and stablecoins into its ecosystem and product offerings. According to a recent press release, Bitpanda will collaborate with the bank's crypto division, Societe Generale-FORGE, to...
It is 2024 already, and the NFT market still looks a pale shadow of its heyday. Once the darling of the crypto world, NFTs have now been relegated to the lower leagues. The initial excitement has faded, and the...
Bitcoin mining companies worldwide have been observed in recent times to be shifting from relying on debt to raising funds through equity to stabilize their finances and position themselves for long-term success. Well-known companies such as Frankfurt-based Northern Data,...
Ethereum’s L1 network revenue is haemorrhaging pretty badly. It crashed by a whopping 99% from a peak of $35.5 million on March 5, 2024, to a mere $578,000 as of September 2, 2024, raising valid concerns about the future...
The Reserve Bank of Australia (RBA) seems to be prioritizing the development of a wholesale central bank digital currency (CBDC) over a retail version because of the potential economic benefits and reduced complexity for the nation's financial system. RBA...
Digital asset custodian BitGo is set to challenge the stablecoin market dominance of Tether's USDT and Circle's USDC with the launch of its new product: "The USD Standard (USDS) stablecoin," in January 2025. In a recent press release, BitGo...
