Tag: News

Genius Group launches $33m rights offering to boost Bitcoin reserve

Genius Group Limited, a Bitcoin-focused education company, has announced a $33 million rights offering to expand its Bitcoin Treasury. The offering will allow existing shareholders to purchase additional shares at $0.50 each, with proceeds earmarked entirely for Bitcoin (BTC) purchases,…...
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Veteran Trader Peter Brandt Offers Truce to the XRP Army: Details

TL;DR Peter Brandt apologized for past XRP criticism, praising the asset’s supporters and adopting a more bullish outlook. Last year, former critic Charles Hoskinson expressed regrets for previous clashes with the XRP Army and proposed collaboration with Ripple on future projects. ‘I Admit My Rudeness’ Ripple’s XRP is one...
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Hashed’s Simon Kim Says AI Has a ‘Black Box’ Problem

Hashed’s Simon Kim believes the future of artificial intelligence hinges on a radical shift: breaking open the black box of centralized models like OpenAI and building a decentralized, transparent ecosystem powered by blockchain. For Kim, CEO of South Korea’s leading crypto VC fund, the urgency is clear. AI’s unchecked...
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MicroStrategy Plans Perpetual Preferred Stock Offering To Bolster Bitcoin Strategy

MicroStrategy Inc. (NASDAQ:MSTR) is exploring perpetual preferred stock as a new financing instrument to fuel its ongoing Bitcoin acquisition strategy, according to insights shared by Executive Chairman Michael Saylor. What Happened: At a recent investor meeting hosted by The Benchmark Company, Saylor explained that MicroStrategy is looking to raise...
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Peanut The Squirrel Surpasses Shiba Inu In Trading Volume: Is $1 Next?

Peanut The Squirrel (CRYPTO: PNUT) has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential. Cryptocurrency Price    Market Cap 24-Hour Trend 24-Hour Trading Volume Peanut The Squirrel (CRYPTO: PNUT)  $0.6217 $621.6 million +24.8%  $572.8 million  Shiba Inu (CRYPTO: SHIB)...
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Analysis: Prediction Markets Have a Gambling Problem

Prediction market platforms Polymarket and Kalshi spend a lot of time and money convincing regulators they’re not gambling. Outside of the U.S. authorities are viewing prediction markets as synonymous with gambling. Taiwan, France, and now Singapore have all made moves to block users from accessing Polymarket at the ISP...
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Why Crypto’s Election Spending Spree Signals A Push For Regulatory Overhaul

The 2024 election cycle was a showcase of the cryptocurrency industry’s new, aggressive approach to political influence, and now this investment aims to reap rewards in the form of regulatory changes. The industry’s massive spending wasn’t just about backing friendly candidates; it was a calculated attempt to reshape the...
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