Tag: Crypto

Crypto exchange Binance on Wednesday announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in the company, the largest investment ever made into a cryptocurrency firm. The deal apparently highlights Binance’s growing influence in the global digital asset market and MGX’s entry into...

Rumble Inc (NASDAQ:RUM) on Wednesday highlighted recent Bitcoin (CRYPTO: BTC) purchases in accordance with its bitcoin treasury strategy. What Happened: Video-sharing platform and cloud services provider Rumble said it added approximately 188 Bitcoin to its treasury at an average price of approximately $91,000 per coin. The $17.1 million Bitcoin purchase reinforces...

Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023. It has plunged by over 55% from its highest level…...

EMB: March 12, 16:00 UTC Modular blockchain Hemi Labs’ unveiled its mainnet with $440 million in total value locked (TVL). Hemi, founded by early Bitcoin developer Jeff Garzik, plans to unify Bitcoin and Ethereum, the two oldest and largest blockchains, into “a single supernetwork,” according to an emailed announcement....

The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform. In a statement shared with Cointelegraph, Rausis said that the US government will punish stablecoin...

California State Senator Ben Allen is eyeing further pro-crypto representation with an endorsement of Dom Bei for election to the board of California’s public pension fund. Bei is the founder of Proof of Workforce, a Bitcoin (BTC) non-profit focused on…...

Coinbase seems ready to re-enter the Indian crypto scene. Following important regulatory clearances from the anti-money laundering agency, the Financial Intelligence Unit (FIU), the company formally made its announcement on 11 March 2025. With the recent FIU approval, Coinbase will be able to register as a virtual digital asset...

San Fransisco based crypto payment network, Mesh, has announced closing a $82 million Series B funding round, bringing its total amount raised to over $120 million. In a first, most of the $82 million of investments were settled with PayPal USD (PYUSD) stablecoin. The company is aiming to build...

As controversy swirled around the Ethereum Foundation (EF) this winter, one of Ethereum’s most respected architects was quietly plotting his next move. Danny Ryan—a key visionary behind Ethereum’s most ambitious upgrade, “The Merge”—left the EF in September but entered talks a few months later to rejoin the organization as...

The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a new three-year experimental legal regime. What Happened: Announced on Wednesday in accordance with President Vladimir Putin‘s directives, the initiative targets “particularly qualified” investors—individuals with over 100 million rubles ($1.02...