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News Bytes – 5

Metaplanet Secures Over $11M in Bonds to Boost Bitcoin Holdings

Metaplanet Secures Over M in Bonds to Boost Bitcoin HoldingsMetaplanet, a company listed on the Tokyo Stock Exchange, has announced the issuance of about $11.31 million (¥1.75 billion) in one-year bonds with a 0.36% interest rate, with the proceeds earmarked for additional purchases of bitcoin (BTC). This strategic move underscores Metaplanet’s commitment to expanding its cryptocurrency investments amid a growing interest in digital assets. […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

First European Presidential Candidate Joins the Global Race for Bitcoin With Call for a National Strategic Reserve

First European Presidential Candidate Joins the Global Race for Bitcoin With Call for a National Strategic ReserveIn a bold move that echoes recent calls from the U.S. to establish a Strategic Bitcoin Reserve, Sławomir Mentzen, a presidential candidate, has proposed that his country create its own Strategic Bitcoin Reserve. In a recent social media post, Mentzen outlined his vision for transforming Poland into a cryptocurrency haven, promising friendly regulations, low taxes, […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Bybit Rallies to Support Flood-Stricken Communities in Spain: A Commitment to Recovery

Bybit Rallies to Support Flood-Stricken Communities in Spain: A Commitment to RecoveryBybit has announced its commitment to assist communities affected by the catastrophic floods in Valencia and other regions of Spain, which have resulted in over 200 fatalities, thousands of displaced individuals, and extensive infrastructure damage. In partnership with the local non-profit organization Admundi, which focuses on improving the lives of impoverished children, Bybit is mobilizing […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Crypto.com Expands Offerings With Acquisition in Australia

Crypto.com Expands Offerings With Acquisition in AustraliaCrypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its financial product offerings, including derivatives, securities, foreign exchange, and managed investment schemes, to eligible users. CEO Kris Marszalek highlighted the acquisition […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments

Coinbase Acquires Utopia Labs Team to Accelerate Onchain PaymentsCoinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet. Jesse Pollak, who is stepping up to lead both Coinbase Wallet and Base, highlighted the synergy between the two platforms, noting that Base supports developers creating onchain […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Revolut Launches Standalone Crypto Exchange Across Europe

Revolut Launches Standalone Crypto Exchange Across EuropeRevolut is expanding the international reach of its digital asset services with the rollout of Revolut X in 30 new countries across Europe. This expansion follows the standalone crypto platform’s launch in the UK in May, where it was designed to cater to both professional and retail crypto traders. Revolut X offers advanced trading features […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Sam Bankman-Fried Movie in the Works Based on Michael Lewis’s FTX Book

Sam Bankman-Fried Movie in the Works Based on Michael Lewis’s FTX BookApple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham attached to write the script, Variety has reported. The film will co-develop and co-produce by Apple Studios and A24, exploring the dramatic rise and fall […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British Users

Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British UsersBitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to Skyrocket

Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to SkyrocketAs bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking a remarkable increase of more than 55% compared to […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Sam Altman Shares Optimism for Cryptocurrency’s Bright Future

Sam Altman Shares Optimism for Cryptocurrency’s Bright FutureIn a recent social media post, Openai CEO Sam Altman shared his optimistic outlook for the future of cryptocurrency, expressing confidence in the industry’s potential for growth and innovation. He emphasized the remarkable progress made at the blockchain ID company he co-founded, World (formerly known as Worldcoin), over the past year, crediting the team’s exceptional […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024