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Metaplanet Expands Bitcoin Holdings to 2,100 BTC with $6.6M Acquisition

Metaplanet has announced that its total Bitcoin holdings have reached 2,100 BTC, now worth $196 million. The firm revealed it recently bought an additional 68.59 BTC for $6.6 million at an average price of $96,335. 0.01% of Total Bitcoin Supply In a February 20 X post, the company highlighted that its BTC reserves now make […]

Meme Coin Meltdown: Crypto Community Turns Against Speculative Tokens

As highly speculative meme coins continue their inevitable plunge, crypto executives and analysts have been throwing their thoughts into the arena, and they are not very complimentary. “Some meme coins have clearly gone too far lately, to the extent people are insider trading,” said Coinbase CEO Brian Armstrong, before adding, “This is illegal, and people […]

Bitcoin Goes Mainstream: Over 1,500 Financial Institutions Have BTC Exposure

There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan. The researcher took a deep dive into US Securities and Exchange Commission 13F filings, which are forms that large investment firms submit quarterly to disclose their holdings of stocks and […]

Wintermute Wants to Expand Crypto Market Making Services to The US: Report

The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny Gaevoy disclosed the company’s plans in an interview with Bloomberg at the ongoing Consensus crypto conference in Hong Kong. Gaevoy said […]

Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident

Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with […]

Helius Labs CEO Defends Solana Amid Criticism Over Meme Coin Frenzy

The Solana blockchain has come under fire, with critics calling it a breeding ground for speculative assets. However, Helius Labs CEO Mert Mumtaz argues that the chain is being unfairly blamed for trends that exist across all networks. The Meme Coin Scourge Solana’s recent surge in activity has been largely fueled by meme coins, including […]

NTT Digital and Figment Announce their Initiatives to Drive Web3 Innovation

[PRESS RELEASE – Tokyo, Japan, February 19, 2025] NTT Digital Inc. (“NTT Digital”), a subsidiary of NTT DOCOMO GLOBAL INC., and Figment Inc., the leading independent global staking infrastructure provider, today announced an initiative to strengthen their efforts in the staking industry to foster the development of the Web3 ecosystem. NTT Digital provides services utilizing […]

Diffuse & Symbiotic Partner to Introduce Collateral Abstraction in Decentralized Finance

[PRESS RELEASE – Road Town, BVI, February 19th, 2025] Diffuse, a zkServerless protocol, has announced a strategic collaboration with Symbiotic ecosystem to implement Collateral Abstraction, a groundbreaking approach set to revolutionize decentralized finance (DeFi). This partnership aims to unlock the untapped potential of assets locked across various Layer 1 and Layer 2 networks, enhancing capital […]

Bitget Launches A New Round of Global Builders Recruitment to Co-build the Bitget Ecosystem

[PRESS RELEASE – Victoria, Seychelles, February 19th, 2025] Bitget, the leading cryptocurrency exchange and Web3 company, announced the expansion of its global recruitment initiative Bitget Builders Program which invites crypto enthusiasts from various backgrounds to co-build the Bitget ecosystem while unlocking exclusive benefits, event access, and growth opportunities. Starting February 2025, the Bitget Builders Program […]