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BNB Network Company, the treasury management division of CEA Industries Inc. (Nasdaq: BNC), has announced the acquisition of 200,000 BNB tokens, positioning itself as the largest corporate holder of BNB worldwide. This strategic move follows a significant $500 million private placement led by 10X Capital in collaboration with YZi Labs, aimed at establishing BNB as … Read more
Huajian Medical (Hong Kong: 1931), a Chinese medical diagnostics provider, has reportedly launched its “Global Enhanced Ethereum Treasury with Downward Protection Mechanism” strategy, aiming to position ETH as its core reserve asset. This initiative seeks to establish the company as a leader in the Hong Kong stock market and on a global scale in terms … Read more
Sygnum Bank that it will support the SUI cryptocurrency, enhancing access for professional and institutional clients to the Sui ecosystem. As the banking partner for the Sui Foundation, Sygnum has fully integrated SUI into its regulated banking platform, offering services such as custody, trading, and staking. The launch of SUI staking in August will provide … Read more
Humanity Protocol has officially launched its mainnet, introducing a unified identity layer that connects Web2 credentials with decentralized Web3 services through zero-knowledge Transport Layer Security (zkTLS). This technology allows users to verify credentials, such as job titles or university transcripts, without exposing personal data. At launch, travelers can link frequent-flyer and loyalty accounts from major … Read more
Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain, has successfully raised a total of $21 million through a series of strategic funding rounds since December 2024, with recent backing from investors including Castle Island Ventures, Ledger Cathay Capital, Rockawayx, and Sats Ventures. The latest funding round raised $9.5 million, demonstrating strong confidence from … Read more
Acacia Research (Nasdaq: ACTG), a public company focused on acquiring and operating businesses across the industrial, energy, and technology sectors, has announced a partnership to implement a bitcoin-backed commercial loan strategy. Acacia partnered with Unchained Capital, a bitcoin financial services platform, and Build Asset Management, an investment adviser specializing in bitcoin-focused strategies. The collaboration aims … Read more
In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). According to local media, this partnership aims to streamline licensing and oversight for Virtual Asset Service Providers (VASPs) across … Read more
The New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due to deficiencies in its anti-money laundering (AML) program and failures in due diligence related to its partnership with Binance. Superintendent Adrienne A. Harris announced that Paxos will pay a $26.5 million penalty and invest an … Read more
The United States has implemented a 39% tariff on imports from Switzerland, effective August 7, 2025, significantly impacting the Swiss gold refining industry. This tariff, the highest among developed nations, specifically targets one-kilo and 100-ounce gold bars, which were previously exempt from such taxes. The move is part of a broader strategy to address a … Read more
Figure Technology Solutions announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its equity securities, anticipated to take place in 2025. The specific number of shares to be offered and the price range for the … Read more