Pi Network Migration Troubles Continue: Users Left in Limbo
TL;DR Pi Network users continue to face migration issues despite completing the required steps. PI’s price stays deep in the red on a weekly scale, currently trading nearly 80% below its all-time high. The Latest Issue Earlier this week, the X account Pi News (which claims to bring all...
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Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
Classover Holdings (KIDZ), a publicly traded online education company, has revealed it’s making a big bet on solana SOL. The company said in a press release that it entered a new agreement to sell up to $500 million in senior secured convertible notes, aiming to use most of the...
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CoinDesk 20 Performance Update: Solana (SOL) Gains 5.6% as Index Climbs Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3122.04, up 2.5% (+75.55) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: SOL (+5.6%) and NEAR (+4.9%). Laggards:...
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K33 Executes First Bitcoin Purchase Under New Treasury Strategy
K33, a Sweden-based digital asset brokerage and research firm, announced its first transaction under a newly launched bitcoin treasury strategy with the acquisition of 10 BTC for approximately SEK 10 million ($1 million). This marks the initial step following K33’s commitment of SEK 60 million ($6 million) toward bitcoin...
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Bittensor’s Decentralized AI Studio, Yuma, Comes to University of Connecticut
Yuma, a development studio and accelerator for decentralized AI (deAI) network Bittensor, has partnered with the University of Connecticut (UConn) to create a building program focused on pooling together specialized machine learning called “BittBridge.” The partnership with Yuma will give a student-led team the opportunity to work toward operating...
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Kraken Unveils White-Glove Prime Brokerage Service for Crypto Institutions
Global cryptocurrency exchange Kraken has unveiled a prime brokerage service for institutional crypto traders, offering best execution, deep liquidity, financing and 24/7 white-glove support, the company said on Tuesday. Kraken Prime offers access to liquidity representing over 90% of the digital asset market across more than 20 global venues,...
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Tether Invests in Chilean Crypto Exchange Orionx to Drive Latin American Adoption
Stablecoin issuer Tether has announced a strategic investment in Orionx, a cryptocurrency exchange based in Chile that operates in Peru, Colombia, and Mexico. The investment closes Orionx’s Series A raise, which was led by Tether. The exchange also raised an undisclosed amount in 2023 in a round led by...
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Bitcoin-focused Matador Technologies lists on Frankfurt Stock Exchange
Matador Technologies Inc. announced on Tuesday that it has begun trading on the Frankfurt Stock Exchange under the ticker “IU3,” adding a key European listing to its existing U.S. and Canadian markets. The listing supports Matador’s goal of offering near…...
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Here’s why the Root Network crypto price is surging
The Root Network token was one of the best performers in the crypto market on Tuesday as it surged to its highest point since March 23. Root (ROOT) rallied for three consecutive days, reaching a high of $0.0096, up 175%…...
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Ripple’s flagship stablecoin approved for use in Dubai’s key financial center
Ripple’s stablecoin approval in Dubai enhances its global reach, fostering innovation in cross-border payments and digital asset solutions. The post Ripple’s flagship stablecoin approved for use in Dubai’s key financial center appeared first on Crypto Briefing....
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