Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.
XingChiThe UAE has built a Bitcoin reserve of around 6,300 BTC, worth up to $740 million, mainly through state-backed mining. This makes it one of the largest national holders, ranking just ahead of El Salvador.
AnaisA Philippine lawmaker has proposed that the central bank buy 2,000 bitcoins each year for five years, creating a national reserve of 10,000 coins. The plan aims to strengthen the country’s finances and provide a long-term store of value alongside traditional reserves like gold and foreign currency.
WeatherlyJapan plans to tax crypto profits at a flat 20% instead of rates as high as 55%. The regulator also aims to allow crypto ETFs and approve the country’s first yen-backed stablecoin.
AnaisArthur Hayes, the BitMEX co-founder pardoned by Donald Trump, has invested in a stem cell firm with clinics in Mexico and Bangkok. He is also backing crypto treasury firms while warning that the market may already be overheating.
WeatherlyA Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
WeatherlyBitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.
XingChiDutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.
XingChiThe SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
WeatherlyTaiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.
WeatherlyTether's recent $1 billion minting on the Tron blockchain signals aggressive expansion, sparking discussions about its strategic reserves for future use. Amidst a $96 billion market cap, Tether faces potential challenges from traditional financial institutions, with regulatory uncertainties tied to the upcoming 2024 U.S. presidential election adding a layer of complexity to the crypto landscape.
JoyThe Scroll Origins NFT, a soulbound token exclusive to users engaged in the Scroll mainnet, marks a shift towards personalized, identity-centric digital assets in the blockchain realm.
KikyoIn a new motion filed late Monday, US lawyers claim the Bahamas Government asked SBF to mint tokens worth hundreds of million and transfer the control to them.
cryptopotatoThe private key of the owner (Admin of pGALA contract) has been disclosed in Github.
OthersThe StarkWare founder announced the launch of its new Recursive validity proof technology on Aug. 7 in Seoul.
CointelegraphMinting a nonfungible token of artwork seems a no-brainer for an artist: Cointelegraph spoke to those that took the plunge.
CointelegraphUnder the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens.
Cointelegraph
NellYears ago, the world was obsessed with .com domain names. Now, attention is turning to NFT domains that offer much, much more.
CointelegraphThe developers have managed to delete the fake message and remove the MEE6 bot from the main server.
Cointelegraph