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CATEGORY: company


Aug 23, 2024 02:15

Hong Kong and Macao Authorities Crack Down on Cross-Boundary Fraud in Listed Company


The SFC, ICAC, and Macao Judiciary Police have launched a joint operation targeting cross-boundary fraud and misconduct in a listed company. (Read More)

Jul 26, 2024 05:50

Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition

Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin.  This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the [...]

The post Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition appeared first on Crypto Breaking News.

Crypto firm Hiddup rebrands amid $41M investigation and legal woes

Author: Cointelegraph by Ezra Reguerra
United States
Jun 26, 2024 12:00

Crypto firm Hiddup rebrands amid $41M investigation and legal woes

Hiddup continues advertising returns ranging from 6 to 16% per annum through blockchain mining on its website while facing legal action.

Jun 23, 2024 01:35

MicroStrategys Michael Saylor Reaction To Bitcoins Decline

The post MicroStrategy’s Michael Saylor Reaction To Bitcoins Decline appeared first on Coinpedia Fintech News

Michael Saylor, the well-known Bitcoin proponent has an optimistic response to Bitcoins downturn. During Friday’s trading session, the Bitcoin price fell to more than a one-month low of $63,300 which also coincides with the substantial outflows of BTC ETFs and fading prospects of interest rate cuts in the United States. In the given backdrop, Saylor …

Sep 27, 2024 01:15

Is OnePlus Getting Into Crypto? In a blockchain survey, the company asks users about their cryptocurrency investments.

OnePlus Getting Into Crypto, a Chinese smartphone manufacturer may be considering entering the cryptocurrency market. The firm was recently discovered conducting a blockchain research poll aimed at gathering consumer input on cryptocurrencies. Users are being asked if they have utilized trading services such as BuyUcoin. The news was first reported by MySmartPrice, and the poll…

BuyUcoin Blog | By Anubha Singh

Jun 12, 2024 12:25

Ripple Finalizes Acquisition of Standard Custody, Appoints CEO as SVP for Stablecoins

Blockchain technology firm Ripple has completed theacquisition of the New York-based Standard Custody and Trust Company andappointed the firm's CEO as Senior VicePresident of Stablecoins. This acquisition has reportedly received all the necessary regulatory approvals, marking a milestone in the efforts tostrengthen Ripple's enterprise infrastructure.

Entry into Stablecoin Market

According to Ripple, this acquisition includes alimited-purpose trust company regulated by the New York Department of FinancialServices. It adds to Ripple's portfolio of nearly 40 US money transmitterlicenses, a Major Payment Institution License from Singapore, and a VirtualAsset Service Provider registration with the Central Bank of Ireland.

Following the acquisition, Ripple announced plansto launch a USD-backed stablecoin to bridge the gap between blockchain andtraditional finance. Due to their stability and utility, stablecoins are in demand, and Ripple has the opportunity to leverage its experience in building financial solutions for global institutions.

The stablecoin, set to be issued on the XRP Ledger,aims to enhance liquidity on XRPL's native decentralized exchange and supportvarious financial use cases for developers, users, and businesses. To lead itsstablecoin initiatives, Ripple has appointed Jack McDonald as Senior VicePresident of Stablecoins. McDonald, who will also continue his role as CEO ofStandard Custody, brings over three decades of experience in investmentbanking, asset management, and fintech.

Institutional Adoption

The acquisition of Standard Custody followed Ripple'spurchase of Metaco in May 2023, further expanding its digital asset custodysolutions. Speaking about the planned acquisition early this year, Jack McDonald, the CEO of Standard Custody, underscored the company's commitment to providing financial institutions with the platform to safeguard their digital assets.

McDonald expressed optimism about collaborating with Ripple, citing the blockchain firm's crypto expertise, relationships with financial institutions, and product offerings in payments and custody solutions.

In April, the trial between Ripple and the SEC over allegations of illegal cryptocurrency sales resumed. In the legal battle, the regulator accused Ripple Labs of offering unregistered securities in December 2020. Ripple's defense is based on the argument that its native cryptocurrency, XRP, should not be classified as a security.

This article was written by Jared Kirui at www.financemagnates.com.

Iggy Azaleas MOTHER memecoin surges 30% on mobile company announcement

Author: Cointelegraph by Zoltan Vardai
United States
Jun 11, 2024 12:00

Iggy Azaleas MOTHER memecoin surges 30% on mobile company announcement

The memecoin will allow holders to purchase smartphones and mobile phone subscriptions in the newly relaunched company.

Next $1 trillion company will be DePIN: Uplink CEO

Author: Cointelegraph by Zoltan Vardai
United States
May 31, 2024 12:00

Next $1 trillion company will be DePIN: Uplink CEO

The next trillion-dollar DePIN giant will be akin to Amazons AWS, driven by a demand for decentralized connectivity solutions.

AI firm Rabbit rejects Coffeezillas NFT scam accusation

Author: Cointelegraph by Ezra Reguerra
United States
May 25, 2024 12:00

AI firm Rabbit rejects Coffeezillas NFT scam accusation

A Rabbit spokesperson claimed that the Gama team was forthright with the open sourcing of the project and that the allegation was false.

May 22, 2025 05:55

Strive Asset Management Merges with Asset Entities to Launch A Public Bitcoin Treasury Company

Strive Asset Management merges with Asset Entities to create the first publicly traded Bitcoin treasury company.

Nasdaq-listed mining firm Stronghold Digital Mining for sale?

Author: Cointelegraph by Gareth Jenkinson
United States
May 03, 2024 12:00

Nasdaq-listed mining firm Stronghold Digital Mining for sale?

Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business.

May 16, 2025 05:55

Brazilian Fintech Receives Approval to Operate as Bitcoin Treasury Company

Meliuz, a prominent Brazilian company, has achieved a significant milestone by becoming the first Bitcoin treasury company in the country. This transformation was made possible after receiving approval from its shareholders. Embracing Bitcoin as part of its treasury strategy marks a groundbreaking move for Meliuz and sets a new standard in the Brazilian business landscape. [...]

Apr 02, 2025 05:50

Report: Trump-Linked Crypto Mining Company Considers IPO

The mining of cryptocurrencies, such as Bitcoin, has reached a new level of interest with the backing of the Trump family. This significant development has caught the attention of the financial world. Cryptocurrency mining involves the process of validating transactions on the blockchain network by solving complex mathematical problems. The individuals or companies that successfully [...]

The post Report: Trump-Linked Crypto Mining Company Considers IPO appeared first on Crypto Breaking News.

Apr 03, 2025 06:00

US lawmakers demand SEC to disclose information on crypto company supported by Trump family

Lawmakers in the United States are calling on the Securities and Exchange Commission (SEC) to take action against Mark Uyeda and World Liberty Financial following allegations of misconduct brought against them by President Donald Trump. The SEC has been urged to investigate Uyeda and World Liberty Financial for potential violations of securities laws. This move [...]

The post US lawmakers demand SEC to disclose information on crypto company supported by Trump family appeared first on Crypto Breaking News.

Apr 18, 2025 05:50

Binance CEO Reveals How Company Supports Countries with Bitcoin Reserves and Crypto Policies

Binance Offers Guidance to Governments on Bitcoin Reserves As the cryptocurrency market continues to gain momentum, Binance is stepping in to provide valuable advice to governments on how to handle Bitcoin reserves. The world’s leading crypto exchange recently shared insights on the benefits of holding Bitcoin as part of a diversified portfolio. Binance emphasized the [...]

The post Binance CEO Reveals How Company Supports Countries with Bitcoin Reserves and Crypto Policies appeared first on Crypto Breaking News.

Apr 01, 2025 05:50

Japanese Company Metaplanet Announces $13.3 Million Bond Offering to Expand Bitcoin Holdings

MetaPlanet, a leading investment firm, has recently issued $13.3 million in bonds with the intention to acquire Bitcoin. This move signifies a growing trend among institutional investors to diversify their portfolios by including the popular digital asset. MetaPlanet’s decision to issue bonds for the purpose of investing in Bitcoin highlights the increasing acceptance and recognition [...]

The post Japanese Company Metaplanet Announces $13.3 Million Bond Offering to Expand Bitcoin Holdings appeared first on Crypto Breaking News.

Aug 01, 2023 05:50

Study: Generative AI Could Add Trillions to Global Economy

A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools like Chatgpt could have across sectors. McKinsey & Company Study: ‘Generative AI Is [...]

The post Study: Generative AI Could Add Trillions to Global Economy appeared first on Crypto Breaking News.

May 31, 2023 09:55

Nvidia Soars to $1 Trillion Valuation Driven by AI Revolution

The post Nvidia Soars to $1 Trillion Valuation Driven by AI Revolution appeared first on Coinpedia Fintech News

Nvidia briefly joined the trillion-dollar club on Tuesday morning as demand for generative artificial intelligence tools surged. Tech companies, both big and small, are incorporating AI tools into their products, as evident from the recent Google I/O and Microsoft Build events. Nvidia’s chips are in high demand as a crucial supplier for AI projects. However, …

Mar 25, 2025 01:40

Saylors Strategy Adds 6,911 Bitcoin, Investing $584 Million

The post Saylors Strategy Adds 6,911 Bitcoin, Investing $584 Million appeared first on Coinpedia Fintech News

Michael Saylors strategy has once again increased its Bitcoin holdings, purchasing 6,911 BTC for $584.1 million, at an average price of $84,529 per Bitcoin. This move further strengthens the company’s Bitcoin reserves and reinforces Saylor’s confidence in the cryptocurrency as a long-term asset. With a consistent focus on expanding its Bitcoin holdings, Saylor continues to …

Mar 23, 2024 01:25

The Bitcoin Company Launches Instant Cross-Border Payment API For Mexico and Brazil

The company also plans to extend their cross-border payments service into more new markets in the near future.

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