French investment powerhouse unveils $27M crypto token fund to boost blockchain projects
Bpifrance’s investment could position France as a leader in blockchain innovation, enhancing its global competitiveness in digital assets. The post French investment powerhouse unveils $27M crypto token fund to boost blockchain projects appeared first on Crypto Briefing....
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Report: 20% of South Korean Officials Hold Crypto, Seoul Councilor Leads with $1.16M
A recent asset disclosure by South Korea’s Public Officials Virtual Assets Rank List revealed that 20.1% of high-ranking public officials hold crypto, with their total reported holdings amounting to $9.83 million. The official with the largest virtual asset portfolio was Seoul City Council Member Kim Hye-young, who declared $1.16...
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GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan
Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior notes maturing in 2030. Investors will have the option to convert the notes into GameStop’s Class...
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BlackRock’s Big Bet Sends Solana Sentiment to New Highs
The social media buzz around Solana (SOL) has reportedly reached a fever pitch, buoyed by GameStop’s $1.3 billion Bitcoin (BTC) play and BlackRock’s recent expansion onto the blockchain. This surge in institutional interest has fueled overwhelmingly positive sentiment toward Solana, with Santiment reporting a near-record high 18:1 positive-to-negative sentiment...
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CoreWeave Goes Public at $40 Per Share, Raises $1.5 Billion
Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported on Thursday night, confirming earlier reports that it had downsized its IPO. The cloud provider sold 37.5 million shares at $40 each. It had initially planned to...
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Sei Foundation Explores Buying 23andMe to Put Genetic Data on Blockchain
The Sei Foundation, the nonprofit development organization behind the layer-1 blockchain Sei (SEI), is exploring the acquisition of bankrupt personal genomics company 23andMe and putting the genetic data of 15 million users on blockchain rails. The foundation announced the initiative in an X post on Thursday, calling the plan...
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Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March
The market capitalization of tokenized gold climbed to a record $1.4 billion in March with trading volumes soaring to yearly highs, CoinDesk Data’s monthly stablecoin report shows. The growth in market value and activity happened alongside the physical yellow metal’s rally to fresh all-time highs above $3,000 per ounce....
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Manufacturers Are Building ASICs That Look More Like Servers. Here’s Why: Blockspace
In the beginning, there were only CPUs, then GPUs, for bitcoin mining. Then came the mighty ASIC in 2013, and with it, the “shoebox” form factor that has become emblematic of the bitcoin mining industry. What comes next? Will the shoebox design persist as standard for bitcoin mining ASICs?...
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GameStop Tumbles 25% Following Bitcoin Convertible Bond Plan. What’s Happening?
Shares of GameStop (GME), the embattled video game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced it will add bitcoin (BTC) as a treasury reserve asset. GME fell to just above $21 during the session, trading...
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FBI Seizes $200,000 in Crypto From Hamas-Linked Wallets, Accounts
The U.S. Federal Bureau of Investigation (FBI) seized more than $200,000 in cryptocurrency from several wallets and exchange accounts linked to the Palestinian militant group Hamas, according to a Thursday announcement. According to the FBI, more than $1.5 million in crypto — largely in the form of donations from Hamas...
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