Metaplanet Expands Bitcoin Holdings With Additional Purchase of 269.43 BTC

Metaplanet announced on Monday that it has acquired an additional 269.43 BTC, valued at approximately $26.4 million (¥4 billion). This latest purchase brings the company’s total holdings to around 2,031 BTC, which is worth about $196 million at current prices. With an average purchase price of around $80,700 per bitcoin, Metaplanet’s overall investment in bitcoin … Read more

Plasma Secures $20 Million to Launch Bitcoin-Based Blockchain for Zero-Fee Stablecoin Transactions

Plasma, a startup focused on developing a blockchain tailored for stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures, following an earlier $4 million seed round. The investment, which includes participation from notable figures such as Peter Thiel and Tether CEO Paolo Ardoino, aims to enhance Plasma’s capabilities … Read more

Tether Makes Strategic Investment in Zengo Wallet to Advance Global Stablecoin Adoption

Tether, the largest company in the digital assets industry, announced a strategic investment in Zengo Wallet, a keyless yet self-custodial crypto wallet. Since its launch in 2019, Zengo has served over 1.5 million users without a single wallet being compromised, thanks to its innovative approach that eliminates traditional seed phrase vulnerabilities. The partnership will enhance … Read more

Bitpanda Secures FCA Approval to Expand Operations in the UK

Bitpanda has secured approval from the UK’s Financial Conduct Authority (FCA) to operate in the United Kingdom, marking a significant regulatory milestone for the European cryptocurrency platform. This approval, along with a recently obtained MiCAR license, allows Bitpanda to expand its offerings in the UK, which include a range of crypto products such as staking, … Read more

Bitgo Plans Potential IPO by H2 2025, Aiming to Strengthen Its Position in Crypto Custody Market

Crypto custody platform Bitgo might be planning to go public with an initial public offering (IPO) by the second half of 2025, according to Bloomberg, which cited sources familiar with the matter. While the California-based company is already in discussions with potential advisors for the listing, it has yet to officially confirm any details regarding … Read more

Proton Wallet Emerges From Early Access

Proton, the team behind Proton Mail, has taken another step into the financial world by launching Proton Wallet beyond its early access phase. This self-custodial bitcoin wallet empowers users to control their BTC, secure their funds with cutting-edge encryption, and transact peer-to-peer using the Bitcoin via Email feature, streamlining what was once a complex process. … Read more

Founder of Meme Coin Platform Pump.fun Denies Coin Launch Rumors

In a recent post, Alon, the founder of the meme coin platform Pump.fun, debunked swirling rumors about a potential Pump.fun token by clarifying that these reports are false and emphasized that only announcements from the official X account should be trusted. He also highlighted that the team, over its one-year history, has been diligently focused … Read more

University of Waterloo to Create Blockchain and AI Lab With $1 Million Interop Labs Donation

Interop Labs has announced a significant $1 million donation to the University of Waterloo to establish the GENESIS Lab, a cutting-edge research facility focused on the intersection of artificial intelligence (AI) and blockchain technology. This initiative, part of the Computer Research Endowment at the David R. Cheriton School of Computer Science, aims to foster collaboration … Read more

Starknet Unveils Phase 1 of Staking Initiative, Paving the Way for Decentralization on Ethereum Layer 2

Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This initiative allows holders of STRK tokens to stake their assets, either as validators or delegators, thereby … Read more