Brazilian fintech firm Méliuz (CASH3), which serves over 30 million users in the country, has become Latin America’s largest publicly listed corporate holder of bitcoin BTC. The company said Monday that it acquired an additional 275.43 BTC for $28.61 million following a recent stock offering, raising its total holdings to 595.67 BTC. That stash, purchased…
Trump Media and Technology Group (DJT), the parent company of the social media platform Truth Social, is planning a $400 million share buyback program. President Donald Trump’s media firm said that the repurchase would be funded separately from and not alter its bitcoin treasury strategy. The buyback will be conducted through open market transactions, and…
Canaan Inc. (CAN), the Singapore-based manufacturer of bitcoin mining machines, will wind down its artificial intelligence (AI) semiconductor business to refocus on its core crypto operations. Despite the growing trend of bitcoin miners diversifying their revenue through AI-related businesses, building AI chips is likely very competitive and not cost-effective for smaller companies. Canaan said that…
DeFi Development Corp. (DFDV), the Nasdaq-listed firm with a crypto treasury strategy focused on Solana SOL, is bringing its equity onto blockchain rails through crypto exchange Kraken’s upcoming tokenized stock trading venue. The company’s shares will be tokenized under the ticker DFDVx on the Solana network, joining a select group of tokenized versions of major…
In recent weeks, Congress has made historic strides toward securing America’s leadership in digital asset innovation. With the passage of the GENIUS Act, we’ve taken a major step toward ensuring that this emerging sector operates under clear, consistent rules—rules that protect consumers, encourage responsible innovation and strengthen national security. But make no mistake: this is…
Coinbase (COIN), the leading digital assets platform in the U.S., is well positioned to benefit from the enactment of the crypto market structure bill introduced in the House of Representatives earlier this month, broker Benchmark said in a research report Monday. Benchmark raised its Coinbase price target to $421 from $310 and reiterated its buy…
Ethereum has dropped 17% since Friday, breaking down from the long-standing range that held firm since early May. The sharp sell-off came after news broke of US airstrikes targeting Iranian nuclear facilities, sending shockwaves across global markets and sparking panic selling in risk assets. ETH was no exception, plunging below multiple support zones before finding…
The Gains Network (GNS) token price has dropped 19.3% today after a 31% weekly rally. Rising Bitcoin dominance has fueled an altcoins’ weakness and retail sell-offs. The ongoing GNS burn vote is key to GNS’s next move, with the current support being at $1.39. Gains Network (GNS), a popular decentralised derivatives trading protocol on Arbitrum,…
PARIS: If a huge asteroid smashes into the Moon in 2032, the gigantic explosion would send debris streaming towards Earth that would threaten satellites and create a spectacular meteor shower, according to researchers. Earlier this year there were briefly fears that the 60-metre-wide (200-foot-wide) asteroid called 2024 YR4, which is big enough to level a…
Microsoft has released its 2025 Repsonsible AI Transparency Report It outlines its plans to build and maintain responsible AI models New regulations are coming in regarding the use of AI, and Microsoft wants to be ready With AI and Large Language Models (LLMs) increasingly used in many parts of modern life, the trustworthiness and security…
