Homepage > News > Business > China’s Beijing unveils 2-year DLT development action plan After embedding blockchain in its digitization plan, China’s capital city of Beijing is keen on increasing the size of its Web3 investment with a new action plan. According to a local report, Beijing is eyeing a two-year plan to trigger an … Read more
President Donald Trump’s newly announced national crypto reserve made headlines fast, and not just because it included big-name tokens like Solana and Cardano. The real chatter started when XRP showed up on the list, kicking off a swirl of speculation about how it got there and whether lobbying had anything to do with it. Insiders … Read more
In brief The company will issue six additional shares per existing share, effective May 20. Its stock has surged from under $4 to over $70 in one month amid a crypto pivot. The firm holds $58 million in SOL and recently acquired a validator business. DeFi Development Corp., a publicly traded real estate software firm … Read more
A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga. The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple to be dissolved and $75 million of … Read more
Well, that didn’t take long. For the first time in months, Bitcoin hits $100K, and the global crypto market just pushed past the $3 trillion mark again, thanks in part to a big splash on the geopolitical stage. A newly announced trade deal between the United States and the United Kingdom gave traders across both … Read more
Topline Robert Francis Prevost, who was selected as the Catholic Church’s first American pope Thursday and took the name Leo XIV, has a family history that some were celebrating as uniquely diverse, with one genealogist claiming he has ties to “free people of color” in New Orleans. Cardinal Robert Prevost, newly elected as Pope Leo … Read more
Bitcoin surges into state-level finance as two U.S. states legalize strategic bitcoin reserves within 48 hours, signaling unstoppable bipartisan momentum and a new financial era. Bitcoin Breaks Through Politics: Two States Flip in 48 Hours With Explosive Moves Momentum behind strategic bitcoin reserves surged this week as two U.S. states enacted legislation within 48 hours … Read more
Coinbase has made a significant move by agreeing to acquire the crypto derivatives exchange Deribit for $2.9 billion, marking a strategic expansion in the rapidly growing derivatives market. This acquisition includes a $700 million cash payment, while the remainder will be settled through Class A stock, potentially prolonging the deal’s finalization. As a result of … Read more
Crypto exchange Coinbase’s total revenue fell 10% quarter-over-quarter to $2 billion in Q1, missing industry estimates by 4.1% as trading activity slowed across the market. Coinbase’s net income was sliced by 95% from a near-company record $1.29 billion in Q4 to $66 million, in a large part due to Coinbase marking a $596 million paper … Read more
The SEC has finally filed its long-awaited settlement agreement with Ripple, signaling a pivotal moment that could unleash XRP’s momentum and reshape crypto regulation forever. SEC and Ripple File Final Settlement in XRP Case—Now All Eyes on Judge Torres The U.S. Securities and Exchange Commission (SEC) published a Litigation Release on May 8 announcing a … Read more