The Kingdom of Bhutan now has the fourth-largest government holdings of BitcoinBitcoin, with a stash of over 13,000 BTC—valued at $750 million, says blockchain analytics firm Arkham Intelligence. The Bitcoin stash, managed by the country’s state investment arm, Druk Holding & Investments (DHI), places the Himalayan kingdom ahead of even El Salvador, which holds 5,876 BTC worth $331 million, per…
Yellow Network, a decentralized clearing network for digital assets, has closed a $10 million seed round led by Ripple co-founder Chris Larsen. The company said it’ll use the fund to help the company address key challenges in decentralized finance (DeFi) trading, including liquidity fragmentation, scalability, and counterparty risks. Other notable investors include leading Ethereum developer Consensys, trading firm GSR, and…
A new meme coin is catching investors’ attention this week. Memebet (MEMEBET) is putting a crypto twist on online gambling, aiming to combine the popularity of meme coins with the buzz of digital casinos. And with nearly $250,000 raised in the presale’s first week, one popular analyst believes Memebet could be set to explode later […] Source: https://news.bitcoin.com/memebet-token-gamblefi-presale-enjoys-successful-first-week-could-it-give-500x-gains-like-rollbit/
Chris Larsen’s $10 million investment in Yellow Network aims to tackle liquidity fragmentation, scalability, and capital efficiency in crypto markets. Source: https://cointelegraph.com/news/chris-larsen-10m-seed-funding-yellow-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Sui Foundation unveiled a partnership with MoviePass on Tuesday, with a team-up that will eventually let users of the layer-1 network pay for subscriptions to the cinema service using stablecoins. Meanwhile, the Sui Foundation, which is responsible for managing and developing the blockchain launched last year, said it was taking an “equity stake” in MoviePass. The partnership was announced…
Former U.S. President Donald Trump has led the launch of World Liberty Financial, a new cryptocurrency venture, raising concerns about potential conflicts of interest. The project, featuring the WLFI token, allocates 20% to the founding team, including the Trump family, and 63% for public sale. Despite heavy promotion, its purpose remains unclear. A leaked draft […] Source: https://news.bitcoin.com/trumps-world-liberty-financial-crypto-venture-reveals-wlfi-token-structure/
Binance urged the WazirX team to take accountability for the hack, and compensate users for the loss of funds. Source: https://cointelegraph.com/news/binance-denies-blame-wazrix-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The new integration could bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. Source: https://cointelegraph.com/news/paypal-venmo-ens-kickstart-mainstream-crypto-payments-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A popular gaming content creator shows that you can get married to the one you love in a game you love, Immortal Rising 2 racks up over 400,000 pre-registrations before its launch, and other news. Source: https://cointelegraph.com/magazine/pixels-ronin-network-sky-mavis-wedding-immortal-rising-web3-gamer/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
U.S. Securities and Exchange (SEC) Commissioners Hester Peirce and Mark Uyeda have slammed the SEC over an “endless series of misguided and overreaching cases” in a recent statement. The dissenting commissioners pointed to the SEC’s treatment of Flyfish Club, LLC, a “high end” restaurant chain that recently settled with the SEC. Flyfish Club sold NFTs during 2021 and 2022 to…
