The prospective public filing of Gemini is now a fact, and the company has secured the backing of the entity behind XRP and RLUSD. Going Public on a Loan Gemini Space Station, Inc., the corporation behind the Gemini Exchange, founded by the Winklevoss twins, filed an S-1 form with the Securities and Exchange Commission (SEC) […]
Tom Lee’s BitMine Immersion Technologies announced on Monday that it has become the second-largest crypto treasury in the world, behind Michael Saylor’s Strategy. The firm updated its Ether holdings figures to 1.52 million ETH worth around $6.6 billion. Even with the asset’s retreat, that huge stash is worth more than the $5.88 billion in Bitcoin […]
Last week, digital asset investment vehicles recorded $3.75 billion in inflows, their fourth-highest figure historically, in what appears to be a recovery from the subdued momentum of previous weeks. Interestingly, the surge was almost entirely tied to iShares and one particular product under its umbrella. With market prices pushing higher, total assets under management (AuM) […]
The blockchain focused on user privacy saw one of its mining pools take over the network’s hash rate. No damage has been reported yet, but history suggests that extensive losses could occur once the harm has been done. Taking Over Control The cryptocurrency exchange Kraken has temporarily stopped Monero deposits to the platform due to […]
Thailand will launch a new scheme on Monday, August 18, to allow foreign visitors to convert cryptocurrency into Thai Baht for payments within the country. The initiative called “TouristDigiPay” is a direct response to a significant slowdown in tourism, primarily due to a decline in tourists from China, on which the country relies heavily, according […]
Bitpanda became the latest digital asset entity to get involved with the Premier League – the top-tier soccer league of England. Other crypto organizations that have previously done so include Tezos and Floki. Bitpanda Returns to the UK The British soccer giant Arsenal announced a multi-year partnership with Bitnapda, a renowned cryptocurrency broker that is […]
Investigations by popular blockchain sleuth ZachXBT have uncovered extensive North Korean infiltration in the global cryptocurrency development job market. An unnamed source recently compromised a device belonging to a DPRK IT worker and provided unprecedented insight into how a small team of five IT workers operated over 30 fake identities. DPRK Operatives Flood Crypto Job […]
Ethereum-focused digital asset treasuries are scaling at a fast pace. This corporate adoption is highlighting the altcoin’s “dual role” as a reserve asset and on-chain yield generator. While this trend is expected to improve liquidity and network engagement, CoinMetrics believes that it also introduces risks related to leverage, funding, and prudent capital allocation. Corporate ETH […]
The greatly anticipated meeting at the highest levels between the presidents of the United States and Russia failed to reach a conclusion regarding a ceasefire between Ukraine and the world’s largest country by landmass. Nevertheless, Trump said both parties made some good progress on a few points, while Putin categorized the meeting as a “starting […]
Around 40,000 Bitcoin options contracts will expire on Friday, August 15, and they have a notional value of roughly $4.8 billion. This expiry event is slightly larger than last week’s, but it is still unlikely to be enough to influence spot markets, which have notched all-time highs in terms of market capitalization this week. Bitcoin […]