Andrew Kang Increases His Bitcoin Bet to $200 Million
TL;DR Andrew Kang, founder of Mechanism Capital, doubled his leveraged long position on Bitcoin to $200 million. On April 9, Trump urged buying on his Truth Social platform,…
blockchain
Binance Wallet and PancakeSwap Host an Event for the Launch of Mind Network’s FHE Token
TL;DR Binance Wallet and PancakeSwap organized a limited subscription to Mind Network’s FHE token, with a cap of 3 BNB per user and no…
Tether Mints $1 Billion USDT on Tron as Bitcoin Eyes New Highs
TL;DR Fresh Stablecoin Influx: Tether mints another $1B USDT on Tron, raising its Tron-based supply above $50B ahead of key macroeconomic reports. Bitcoin Momentum:…
M^0 Lands on Solana with Customizable Stablecoins
TL;DR M^0 expanded its infrastructure to Solana, allowing the creation of custom stablecoins with shared liquidity access and on-chain minting. KAST will issue its…
Bitcoin (BTC): Whales Accumulate While Small Investors Sell
TL;DR Bitcoin whales ramped up their accumulation in early April, while smaller holders reduced their positions amid uncertainty. Growing institutional interest in BTC is…
WazirX Moves Forward with Its Restructuring Plan After $230 Million Hack
TL;DR More than 93% of creditors supported the restructuring plan proposed by Zettai following the WazirX hack, allowing progress without judicial liquidation. The scheme…
Cap Raises $11 Million to Launch Its Yield-Bearing Stablecoin Engine
TL;DR Cap raised a total of $11 million, backed by Franklin Templeton and Triton Capital, to develop its yield-bearing stablecoin engine. Its model combines…
SafePal Launches a Wallet on Telegram and Improves Security of Its Hardware Devices
TL;DR SafePal launched a Telegram-integrated wallet with banking support and a digital Mastercard, now available to over 950 million users. It upgraded its hardware…
Codex to Launch a Specialized Blockchain for Stablecoins
TL;DR Codex raised $15.8 million to build a blockchain focused on stablecoins, backed by Dragonfly, Coinbase, and Circle. The network is built on Optimism…
Bitcoin Holds Above $80,000 as Stock Market Plunges
TL;DR Bitcoin held above $80K despite the stock market crash; the Nasdaq and S&P 500 indices fell more than 8% in just two days.…
Bitcoin Whales Resume Accumulation
TL;DR Bitcoin whales have resumed accumulation after eight months of selling, with recent purchases near $82,000, according to Glassnode. The market remains in a…