The healthcare-focused company will cease trading its stock on the NASDAQ by the end of the week, as its treasury strategy has not yielded results comparable to those of its industry peers. On a similar note, Strategy’s stock also experienced some jitters, albeit not as pronounced, due to other factors. Unfortunate Turn Of Events In […]
Binance’s exchange token continues to thrive and post notable results. With strong backing from investors and institutions, coupled with social media engagement, it seems poised for new, uncharted territories. Surpassing Retail Giants BNB, the native token of the Binance ecosystem, has achieved an impressive feat by surpassing the market capitalizations of sports retailer Nike and […]
This acquisition from Nano Labs comes following their accumulation of Bitcoin, which is also part of their corporate treasury. According to the most recent data from BitcoinTreasures, the company has exactly 1,000 BTC stashed, ranking it 31st in the list of corporate treasuries holding the leading asset. A New Crypto Asset For Corporate Treasures Nano […]
Binance, the world’s largest crypto exchange by trading volume, has now maintained a reserve ratio above 100% for 30 consecutive months. The streak was confirmed in the latest snapshot at Bitcoin block height 894,668, showing the company holding 616,886 BTC to back customer net balances of 604,410 BTC, equating to a reserve ratio of 102%. […]
The U.S. Securities and Exchange Commission (SEC) has pushed back against efforts to dismiss its lawsuit against cryptocurrency exchange Binance, its U.S. branch Binance.US, and former CEO Changpeng Zhao. The regulator accuses them of running an unregistered securities exchange through the trading of BNB, Binance’s native token, and ten other cryptocurrencies. Details From the Filing […]