Paris-based cryptocurrency firm Blockchain Group has acquired $68 million of Bitcoin, joining a growing wave of European institutions adding BTC to their balance sheets. The Blockchain Group, which claims to be Europe’s first Bitcoin treasury firm, has acquired 624 Bitcoin (BTC) for 60.2 million euros ($68.7 million). The latest acquisition brings the firm’s total holdings … Read more
Big news from the heart of the Ethereum ecosystem! The Ethereum Foundation (EF), a pivotal organization driving the development of the Ethereum (ETH) blockchain, has recently announced a significant reorganization of its internal development team. This move, aimed at sharpening focus and accelerating progress, signals a strategic shift in how the EF approaches key challenges … Read more
The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has officially approved Ripple’s RLUSD stablecoin as a recognized token under the regulator’s crypto regime. Following the approval, DIFC companies can now use the RLUSD stablecoin for various virtual asset services. This may include payments, treasury management … Read more
Paradigm researchers unleash Orbitals AMM, revolutionizing stablecoin trading. This innovative solution smashes current DeFi barriers, offering concentrated liquidity in multiple dimensions. Proposal emerges as the stablecoin market hits a record $250 billion cap with growing corporate and institutional interest. Orbitals, an automated market maker (AMM) design, has been introduced by Paradigm researchers to transform the … Read more
June promos are heating up over at Aussie-themed crypto casino Roobet, and it’s not just the weather that’s getting wild! With a full calendar of events, huge prize pools, and new ways to win every week, this month feels like a non-stop online casino adventure. If you’re into slot tournaments, cash drops, or surprise bonuses, … Read more
Consensys has announced the acquisition of Web3auth, a provider of key management and embedded wallet infrastructure, aimed at enhancing the user experience and security of its Metamask wallet. According to Consensys this acquisition addresses significant risks associated with seed phrase management, as recent data indicates that 35% of users do not back up their seed … Read more
EUR/USD trims some gains ahead of the Eurozone CPI release. The US Dollar remains unable to take distance from multi-week lows. US Manufacturing PMI confirmed tariffs’ negative impact on factory activity. EUR/USD trades with moderate losses, following a strong performance on the previous day. The pair is moving around 1.1420 at the time of writing, … Read more
Crypto is not just an asset in South Korea; it is a way of life. With over 18 million people trading digital assets, volumes surpass those of the nation’s two major stock markets, the Kospi and Kosdaq. Crypto has become a political force. And with South Korea standing in front of election week, there’s one … Read more
BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin following a 14-month review in the Financial Conduct Authority’s (FCA) regulatory sandbox. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCB Technologies-operated crypto trading … Read more
In the month of May, two separate and distinct markets told contrasting stories for the crypto industry. Activity with venture capital slowed and sank to the weakest level we have seen for the year so far. But the market for mergers and acquisitions did the exact opposite, surging to new heights, driven by a blockbuster … Read more