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Meta has invested approximately $3.5 billion for a minority stake in Essilor Luxottica, the world’s largest eyewear manufacturer, as part of its strategy to expand into the artificial intelligence (AI) glasses market. The acquisition, which amounts to just under 3% of the Ray-Ban maker, reflects Meta’s commitment to developing AI-powered eyewear, building on their existing … Read more
The Israeli new shekel has reached its strongest level against the US dollar in over 30 months, specifically since January 2023, with the current exchange rate at approximately 3.327 ILS per USD as of July 9, 2025. This marks a significant appreciation of the shekel, which has strengthened by 4.87% over the past month and … Read more
Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced its aggressive strategy to acquire as much bitcoin as possible in a bid to leverage its holdings for purchasing cash-generating businesses. CEO Simon Gerovich described the current market as a “bitcoin gold rush,” aiming to increase … Read more
An indictment was unsealed on Tuesday in the District of Puerto Rico, charging Michael Shannon Sims, 48, and Juan Carlos Reynoso, 57, for their alleged roles in operating and promoting Omegapro, an international investment scheme that defrauded investors of over $650 million, primarily via cryptocurrency. According to court documents, Sims, a founder and promoter of … Read more
Opensea has announced its acquisition of Rally, a move that aims to enhance its mobile and token trading capabilities. Chris Maddern, the new Chief Technology Officer of Opensea, expressed excitement about the acquisition, highlighting that the Rally team brings valuable expertise to the company. The integration of Rally is expected to supercharge a new mobile … Read more
The Smarter Web Company PLC (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed technology firm, has announced the purchase of an additional 226.42 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The bitcoin was acquired at an average price of £78,932 per bitcoin (approximately $107,726), totaling £17,871,846 … Read more
The Blockchain Group (Euronext Paris: ALTBG) has confirmed the acquisition of 116 bitcoin for approximately €10.7 million (about $12,5M), bringing its total holdings to 1,904 BTC, valued at around €172 million (approximately $202M). This announcement follows the final completion of a capital increase as part of the “ATM-type” capital increase program with TOBAM, which raised … Read more
Two individuals from the UK, Raymondip Bedi and Patrick Mavanga, have been sentenced to a combined total of 12 years in prison for their involvement in a $2.1 million cryptocurrency fraud, following a prosecution by the FCA. Between February 2017 and June 2019, the pair cold-called victims, selling fake investments in cryptocurrency and defrauding at … Read more
John Bollinger, the inventor of Bollinger Bands, has indicated that bitcoin may be poised for an upside breakout, as noted in a recent social media post. Bollinger, an American author and financial analyst who developed this technical analysis tool in the early 1980s, stated, “Bitcoin looks to be setting up for an upside breakout. $BTCUSD … Read more
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 2,205 bitcoin, increasing its total holdings to 15,555 BTC. The latest purchase was made at an average price of 15,640,253 yen per bitcoin (approximately $108k USD), amounting to a total … Read more
