Japanese public firm Metaplanet buys another $2.5M of Bitcoin
After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin.
Related Posts
3 Common Compliance and Regulatory Pitfalls to Watch for in 2020
Regulations are not going anywhere. On the contrary, financial service providers face more regulatory challenges and higher costs than ever before. During the early days of cryptocurrencies, a “Wild West” culture emerged when regulators, uncertain on how to tackle this thing called blockchain, paid little attention to the thefts, scams and hacks plaguing the virtual-asset…
Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities. 1057 Total views 3 Total shares Cryptocurrency trading platform Bittrex has filed for Chapter 11 bankruptcy protection in the District of Delaware.In a May 8 filing in the United…
ETH whales move holdings onto exchanges before Merge
The top-10 Ethereum non-exchange addresses have seen an 11% decline in their holdings while on-exchange whale addresses have seen a 78% increase over the past three months. 584 Total views 34 Total shares Ethereum blockchain is slated for one of the biggest updates since its inception, as it will transition to a proof-of-stake (PoS) mining…
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitalization has risen to multimonth highs. BUSD market cap drops by $2 billionThe SEC claims that BUSD, a U.S. dollar-backed stablecoin, is a security, noting that Paxos has…
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock. Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go public.In a June…
Canadian regulators are looking to investor protection with stablecoin rules — CIRO
CIRO executive Suzanne Lasrado offered her opinion on the regulatory guidelines affecting Canadian stablecoin users at the Blockchain Futurist Conference.
The $2,500 doco about FTX collapse on Amazon Prime… with help from mom
Filmmaker Richard Whittaker — and his Mom — examine the collapse of crypto exchange FTX in a micro-budget doco now screening on Amazon Prime.
Ethereum Co-Founder Mihai Alisie Concerned Over Libra Centralization
Ethereum’s co-founder Mihai Alisie is extremely concerned that Facebook is attempting to hoodwink regulators into approving a centralized “cryptocurrency,” according to a report by Bloomberg on July 11.In an interview with Bloomberg, Alisie stressed that Facebook is attempting to get regulator approval for its yet-to-be-released virtual currency Libra by claiming that it will not be…