The Ethereum Foundation has laid off some members of its research and development team as part of a broader restructuring effort aimed at refocusing on critical protocol design challenges, the organization said in a blog post Monday. The shake-up comes as the Switzerland-based nonprofit grapples with ongoing criticism over its management and strategic direction. Some … Read more
Bitcoin MagazineTether Group & Bitfinex Transferred 25,812 BTC to Jack Mallers’ Twenty One Capital Today, Tether Group and Bitfinex have transferred a combined 25,812.22 BTC to support their investment in Twenty One Capital, a newly formed Bitcoin-native company set to go public through a business combination with Cantor Equity Partners (Nasdaq: CEP). Tether moved 14,000 … Read more
Bitcoin MagazineMichael Saylor’s Strategy Announces Initial Public Offering of 2,500,000 STRD Shares Today, Strategy (Nasdaq: MSTR; STRK; STRF) has announced that it plans to conduct an initial public offering of 2,500,000 STRD shares of Strategy’s 10.00% Series A Perpetual Stride Preferred Stock. JUST IN: Michael Saylor’s Strategy announces Initial Public Offering of STRD stock to … Read more
Bitcoin MagazineNBX Acquires Bitcoin, Becomes First Public Bitcoin Treasury Company in Norway Norwegian Block Exchange (NBX), a leading Nordic cryptocurrency exchange and digital asset platform, announced that it has added Bitcoin to its balance sheet, marking a national milestone as the first publicly listed company in Norway to hold Bitcoin as part of its treasury … Read more
Bitcoin MagazineReitar Logtech Announces $1.5 Billion Bitcoin Acquisition Plan Reitar Logtech Holdings Ltd., a Hong Kong-based firm operating in real estate and logistics technology, has officially announced plans to purchase up to $1.5 billion worth of Bitcoin. The move was disclosed in a June 2 filing with the U.S. Securities and Exchange Commission (SEC). NEW: … Read more
Riot Platforms (RIOT) has hired industry veteran Jonathan Gibbs as its Chief Data Center Officer, marking a strategic move by the bitcoin miner to branch out beyond crypto into the broader data infrastructure business. Gibbs brings over 15 years of experience and a résumé that includes designing and building more than one gigawatt of data … Read more
Reitar Logtech Holdings Ltd. has announced plans for a landmark $1.5 billion bitcoin BTC acquisition through a treasury diversification initiative aimed at enhancing its financial resilience and fueling logistics tech expansion. Through this “BTC Program,” Reitar seeks to acquire up to 15,000 BTC from a consortium of institutional and high-net-worth investors in exchange for company … Read more
Consensys, the Ethereum infrastructure company behind the popular MetaMask wallet, said it has acquired Web3Auth, a provider of wallet infrastructure, in a move aimed at improving usability and developer accessibility across its platforms. Financial terms of the deal were not disclosed. The acquisition is designed to modernize MetaMask’s onboarding experience and tackle one of the … Read more
Litecoin (LTC) is showing signs of strength in the face of a shaky global economy. The cryptocurrency held firm at the $87.50 level through multiple tests, defending a price floor that traders now see as critical, according to CoinDesk Research’s technical analysis data model. This comes as markets respond to ongoing trade tensions and monetary … Read more
Geopolitical tensions and ongoing trade disputes between major economies create market volatility, with traditional financial markets showing correlation to crypto movements. The cryptocurrency market continues to navigate choppy waters amid escalating global economic uncertainties. TON, the native token of The Open Network, has shown remarkable resilience despite broader market pressures, recovering from a recent correction … Read more
