Ethereum treasury company Bitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, borrowing a page from Strategy’s financing playbook. Bitmine told the SEC on Wednesday that it intends to offer 3 million […]
Zcash developers temporarily suspended Orchard transactions after discovering a critical vulnerability in the privacy-focused blockchain’s latest shielded pool, then restored functionality through an emergency network upgrade. On Wednesday, the Zcash Foundation said the vulnerability affected […]
The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities. The EBA said on Tuesday that the deal is part […]
Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled. Bitcoin (BTC) fell to […]
TLDR Bitmine Immersion reduced its weekly Ethereum purchases after nearing its long term supply target. The company added 26,497 ETH last week, bringing total holdings to about 5.42 million tokens. Bitmine now controls roughly 4.49 […]
TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X on Tuesday that it […]
Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg […]
Quick Summary Bitcoin experienced a sharp 3.8% decline over 24 hours, breaching the $70,000 threshold to reach multi-week lows MicroStrategy liquidated 32 BTC worth $2.5 million to finance preferred stock payouts — marking its first […]
Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths. “Over the past week, we acquired […]
Vietnam’s Ministry of Finance has proposed letting small and medium-sized enterprises (SMEs) use digital assets, virtual assets and intellectual property as collateral for bank loans. The proposal is part of a draft revised Law on […]
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