Cryptocurrency

Justin Sun Tron Group to Go Public in U.S. via Merger

Crypto entrepreneur Justin Sun has orchestrated a bold entry into U.S. capital markets by engineering a reverse merger between his blockchain empire and Nasdaq-listed SRM Entertainment. Through this transaction, a Florida-based toy manufacturer morphs into a public vehicle for Sun’s…

Cryptocurrency

Trump discloses $58M crypto gains in 2024 financial report

Donald Trump financial disclosure for 2024 includes a detailed account of how digital assets contributed to his overall revenue. Between January and December, he reported over $58 million in crypto-related earnings, most of it from a project called World Liberty…

Cryptocurrency

Crypto Loses 4% as Solana, Cardano Slide on Iran Tension

Smaller, less liquid tokens such as Solana and Cardano led a decline in cryptocurrencies after market participants sought safety following Israeli airstrikes on Iranian nuclear facilities. Bitcoin, which represents over 60% of the digital asset world’s market value, hovered near…

Cryptocurrency

OneBalance raises $20 million funding led by Cyber Fund

OneBalance, a London-based crypto software company founded in 2024, has secured $20 million in a Series A round led by Cyber Fund and Blockchain Capital. Participation from Mirana Ventures and L2IV brought total funding to $25 million. With its flagship…

Cryptocurrency

Noah raises 22 million and adds Adyen veteran as cofounder

In a landscape often dominated by youthful dropouts chasing billion-dollar valuations, Noah stands out as a mature venture forged by seasoned professionals. Co-founded by Thijn Lamers, a former executive vice president at Adyen—a fintech firm valued at $60 billion—and Shah…

Cryptocurrency

Pump.Fun Raises $1 Billion Token Sale in Solana Ecosystem

The decision by Pump.Fun to pursue a $1 billion token sale has prompted industry observers to evaluate its effects on the memecoin landscape. As the leading platform for rapid creation and distribution of joke-based tokens on Solana, Pump.Fun’s funding round…

Cryptocurrency

Metaplanet Backs $5.4 Billion Rights Issue to Grow Bitcoin

In a bold move that captured market attention, Metaplanet, a Japanese hospitality firm-turned-crypto investor, announced a plan to raise approximately $5.4 billion to expand its Bitcoin reserves, already valued at nearly $1 billion. The announcement sent Metaplanet’s shares soaring by…

Cryptocurrency

UK FCA To Permit 1 Crypto ETN for Retail Investors?

The UK FCA has proposed lifting its ban on cryptocurrency exchange-traded notes (ETNs) for retail investors. The change would allow individuals to access crypto ETNs listed on recognized investment exchanges. The proposal is part of broader regulatory efforts aimed at…

Cryptocurrency

Jim Chanos Warns of Saylor’s Trade but Skeptics Remain

The proposition to buy Strategy shares and short Michael Saylor’s Bitcoin accumulation plan has attracted significant attention on Wall Street. Legendary short-seller Jim Chanos argues that the arbitrage between Strategy’s market price and the intrinsic value of its Bitcoin holdings…

Cryptocurrency

Australia Sees Crypto ATM Increase and Age Related Risks?

Australia approach to cryptocurrency regulation has intensified as the national financial crimes agency implements new limits on automated teller machines. Recent measures place a cap of A$5,000 (US$4,169.18) on cash deposits and withdrawals at crypto ATMs, reflecting growing concerns about…