Ben Waxman, a Democrat representing District 182 in Pennsylvania’s House of Representatives, has introduced legislation “to prohibit elected officials from profiting off cryptocurrency while in office.” Waxman introduced HB1812 on Wednesday with eight Democratic co-sponsors […]
On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks, […]
Key Takeaways Thumzup is acquiring Dogehash Technologies to create a major Dogecoin mining platform. The combined company will operate extensive Scrypt ASIC mining operations powered by renewable energy. Share this article Thumzup Media Corporation, a […]
The US Securities and Exchange Commission (SEC) has delayed rulings on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines into October. In notices filed Aug. 18, the agency set new decision dates of Oct. […]
Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company, as the price of Bitcoin hovered below the all-time high of over $124,000 reached on Thursday. The company’s most recent Bitcoin acquisition […]
Key Takeaways Trump-backed American Bitcoin is eyeing acquisitions in Japan and Hong Kong to grow its Bitcoin reserves. The company plans to go public via a reverse merger and aims to build the largest and […]
SharpLink Gaming’s newest quarterly report shows the benefits of its Ethereum treasury strategy, as it raised $2.6 billion to purchase 728,804 ETH. It has staked nearly 100% of these holdings. Still, its pre-pivot business has […]
Update (Aug. 15 at 11:40 pm UTC): This article has been updated to include a statement from Genesis’ counsel. Venture capital firm Digital Currency Group (DCG), the parent company of many entities tied to cryptocurrency […]
American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier […]
Key Takeaways Block plans to issue $1.5 billion through a private senior notes offering to institutional investors. Proceeds will be used for corporate purposes including debt repayment, acquisitions, and capital investments. Share this article Block, […]
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