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News Bytes – Page 86 – DIGIT INFO

Strategy’s Bitcoin Stack Hits 580,955 BTC After New Acquisition

Strategy (formerly Microstrategy) continues expanding its bitcoin holdings with a fresh multimillion-dollar acquisition and updated performance metrics. On June 2, Strategy Executive Chairman Michael Saylor announced that the firm acquired an additional 705 bitcoin (BTC) for approximately $75.1 million, with an average price of $106,495 per coin. The purchase boosts the company’s total holdings to … Read more

Elon Musk Claims ‘Bitcoin Style’ Encryption for New XChat Features

Elon Musk has announced that the new XChat feature on the X platform will incorporate “Bitcoin style” encryption, enhancing user privacy and security. According to Musk’s recent post, the updated XChat will include features such as encryption, vanishing messages, and the ability to send various file types, along with audio and video calling capabilities. The … Read more

Metaplanet Acquires Additional 1,088 Bitcoin, Boosting Total Holdings to 8,888 BTC

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,088 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 15,519,019 yen per bitcoin, totaling approximately 16.885 billion yen. With … Read more

Amboss Launches Rails: Earn Yield on Bitcoin and Enhance Lightning Network Utility

Amboss, a solutions provider for the Bitcoin Lightning Network, has launched Rails, a self-custodial bitcoin service aimed at enhancing asset utility for companies, custodians, and high net worth individuals. Rails allows participants, referred to as Liquidity Providers (LPs), to maintain full custody of their bitcoin while generating returns through payment routing and liquidity leases, thereby … Read more

Multichoice’s Irdeto and Coinbase Unite Against Illicit Cryptocurrency Use

Irdeto, the African entertainment platform Multichoice’s digital security subsidiary, has partnered with Coinbase to combat cybercriminals using cryptocurrency for piracy and other illicit activities. Irdeto’s intelligence-led investigations have shown an increasing use of cryptocurrency by illicit service providers, rising from 13% in 2022 to 19% in 2024. Through this collaboration, the Multichoice subsidiary provides Coinbase … Read more

Bitcoin Scandal Forces Czech Justice Minister to Step Down

Czech political circles were shaken when Justice Minister Pavel Blažek stepped down following revelations that his ministry received a bitcoin donation valued at one billion crowns from an ex-convict previously charged with narcotics offenses. Although Blažek maintained his innocence, stating he was unaware of the donor’s background or any unlawful aspects of the transaction, he … Read more

IMF Alarmed as Pakistan Declares Bold Bitcoin Reserve

Amid ongoing economic negotiations, Pakistan’s unprecedented plan to integrate bitcoin into its national strategy has sparked concern from the International Monetary Fund, which was not consulted on the initiative. The country declared the establishment of a national bitcoin reserve and a digital asset authority during the Bitcoin Vegas 2025 conference, unveiling plans to allocate 2,000 … Read more

US-Mexico Transfers Accelerated by XDC-Bitso Blockchain Rail

In a strategic move to overhaul U.S.-Mexico remittance flows, XDC Network has joined forces with Bitso Business to deploy a blockchain-based payment framework designed for rapid, low-cost, and secure cross-border transactions. Tapping into the $63 billion inbound remittance market in Mexico and the $70 billion outbound volume from the U.S., the alliance utilizes XDC’s ISO … Read more

Binance Japan Secures International Security Certifications

Binance Japan has secured ISO/IEC 27001 and 27701 certifications from the British Standards Institution, signaling a milestone in its cybersecurity and privacy framework. These international standards validate the firm’s stringent controls and governance measures. General Manager Takeshi Chino emphasized the platform’s mission to remain a trusted digital asset exchange through consistent transparency and safety. Chief … Read more

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