MakerDAO Community Concerns Over the New Control of WBTC
TL;DR BitGo plans to transfer control of Wrapped Bitcoin (WBTC) to a joint venture with BiT Global, involving Justin Sun and the Tron ecosystem. MakerDAO...
Metaplanet Secures ¥1 Billion Loan to Expand Bitcoin Strategy
TL;DR Metaplanet has secured a ¥1 billion loan to increase its Bitcoin investments. The company plans to use $58 million from a stock offering to...
Tether Plans Workforce Expansion to Boost Compliance and Financial Strength
TL;DR Tether plans to double its workforce to strengthen its compliance and finance areas. The company generates significant profits with a small workforce and is...
Robinhood Sees 40% Revenue Growth in Q2
TL;DR Robinhood reported a 40% increase in revenue to $682 million, thanks to a resurgence of meme stocks and interest in cryptocurrencies. The company acquired...
Landmark Ruling Marks Victory for Ripple and the Future of Cryptocurrencies
TL;DR A federal judge has ruled that XRP is not a security, handing a partial victory to Ripple. Ripple’s fine was reduced to $125 million,...
Dormant Bitcoin Miner Moves $14 Million in BTC: A Sign of Growing Accumulation?
TL;DR A Bitcoin miner who has been inactive since 2010 has transferred 250 BTC, valued at approximately $13.95 million, to five new wallets. The transfer...
ETF Success: iShares Ethereum Trust Accumulates Nearly $900 Million
TL;DR BlackRock’s iShares Ethereum Trust has accumulated nearly $900 million in total flows since launch. Despite regulatory barriers, Bitcoin and Ethereum ETFs are breaking industry...
Shiba Inu (SHIB) Soars 588% in Whale Transactions
TL;DR Shiba Inu (SHIB) has seen a 588% increase in high-volume trading, driven by activity from large investors. SHIB price has shown significant fluctuations, dropping...
Semler Scientific Boosts Bitcoin Holdings with Purchase of 101 BTC
TL;DR Semler Scientific increases its Bitcoin reserves by acquiring 101 BTC, reaching a total of 929 bitcoins valued at $63 million. The Bitcoin investment strategy...
Ripple Faces Backlash from XRPL Developers Over Podcast Edit
TL;DR Ripple has been criticized by the XRP Ledger developer community for editing a podcast clip. Eminence CTO and XRPL Ambassador Daniel “No” Keller publicly...