Category: Business
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CleanSpark Sells $48.7M in Bitcoin, Treasury Tops 13K BTC in September
[ad_1] Bitcoin miner CleanSpark ended September with 13,011 BTC in its treasury after reporting year-over-year gains in efficiency and output. The company said monthly production rose 27% from September 2024, with 629 Bitcoin (BTC) mined, and sold 445 BTC for roughly $48.7 million at an average price of $109,568. In its Friday update, CleanSpark said…
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World Liberty Financial sells tokens to Hut8 for treasury reserves at $0.25 each
[ad_1] Key Takeaways World Liberty Financial, a DeFi project with real-world asset tokenization focus and Trump family connections, sold tokens to mining firm Hut8 at $0.25 each. The sale is part of a growing trend where crypto projects partner with mining firms to build treasury reserves, linking DeFi and traditional asset management. Share this article…
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EVAA CEO Vlad Kamyshov Explains Token Launch, Utility, and Growth Beyond TON
[ad_1] EVAA, a leading lending protocol built on the TON network, is preparing to launch its native token on October 3 across Binance Alpha, Binance Futures (Perpetual Contracts), MEXC, STON.fi, and Gate.io. The event marks a milestone for the project, which has processed more than $1.4 billion in cumulative volume and onboarded over 300,000 wallets. …
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Swedish Lawmakers Push for Strategic Bitcoin Reserve
[ad_1] Two members of Sweden’s parliament, the Riksdag, have proposed that the country investigate establishing a strategic Bitcoin reserve to tackle inflation and diversify its holdings. They also want the government to promise it won’t change the legislation governing the monetary policy of Sweden’s central bank, to show it doesn’t intend to introduce a digital…
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SEC explores blockchain-registered stocks as tokenization momentum builds: report
[ad_1] SEC eyes plan to allow blockchain-based stock trading on approved crypto platforms. Nasdaq, Coinbase, and others push for tokenized equities as adoption accelerates. Tokenized stock market could hit $1.3T if 1% of global equities move to blockchain. The US Securities and Exchange Commission (SEC) is reportedly developing a proposal to allow blockchain-registered versions of…
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21Shares launches Jupiter Exchange ETP in Europe for institutional investors
[ad_1] Key Takeaways 21Shares launched the AJUP ETP, offering regulated access to Jupiter Exchange’s governance token on Solana. The listing on European exchanges reflects growing institutional demand for Solana-based DeFi products. Share this article 21Shares, a provider of exchange-traded products focused on crypto exposure, today launched the Jupiter Exchange ETP (AJUP) in Europe, giving institutional…
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SEC Asks Crypto ETF Issuers to Withdraw 19b-4—New Standards Could Accelerate XRP ETF: Report
[ad_1] The SEC’s latest move could accelerate listings of XRP and other crypto ETFs following new generic listing standards, signaling streamlined approvals and growing momentum for digital assets. SEC Clears Path for Crypto ETFs With New Generic Listing Standards The regulatory landscape for digital asset investment vehicles is undergoing another shift that could reshape the…
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‘A New Level of Insanity’: Bank of Thailand Freezes Over 3 Million Accounts, Sets Transfer Limits
[ad_1] The Central Bank of Thailand intensified its fight against online scams by freezing over 3 million accounts linked to illicit activity. Nonetheless, thousands say they were affected by the measure despite not being involved in the scams. Central Bank of Thailand Acts Against Online Scams, Freezes Millions of Accounts Thailand, a nation plagued by…
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Crypto Treasury Narrative Bears Striking Similarly to Dotcom-Era Thinking
[ad_1] The crypto treasury narrative, which has become a major feature of the current market cycle, parallels investor sentiment from the dotcom era of the late 1990s and early 2000s, which caused the stock market to sink by about 80%, according to Ray Youssef, founder of peer-to-peer lending platform NoOnes app. The same overzealous investor…
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Kraken in talks with strategic investor at $20B valuation: BBG
[ad_1] Key Takeaways Kraken is reportedly in talks with a strategic investor for a deal valuing the company at $20 billion. This would mark a sizable increase from its last $15 billion valuation after a $500 million funding round. Share this article Kraken, a cryptocurrency exchange preparing for a 2026 IPO, is in talks with…