BitMart to Wind Down Exchange as BMX Tanks
BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan....
Business
BitMart Faces Withdrawal Complaints Following Wind-Down Announcement
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics...
Mirae Asset completes Korbit acquisition, becomes largest shareholder
Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset...
Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg
Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue...
MoonPay Acquires Glide to Expand Crypto Deposit Tools
MoonPay has acquired the crypto infrastructure startup Glide, integrating Glide’s deposit and routing technology, the companies said in a joint...
YGG Cuts Game Publishing Arm, Lays Off 35 Staff
Crypto gaming company Yield Guild Games says it has shut down its crypto game publishing arm, YGG Play, and will...
Bitmine ETH Holdings Reach 5.7M After Joining Russell 1000
Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined...
BitGo Lays off 15% of Staff in Stablecoin, AI Focus
Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus...
Sharplink Buys ETH for First Time in 8 Months
Ether treasury company Sharplink has bought Ether for the first time in eight months as the token sank to its...
Blockchain Capital Boosts Crypto Bet With $700M Fundraise
Crypto-focused venture capital firm Blockchain Capital is in the process of raising another $700 million for two new funds, according...
Western Union Prepares USDPT Stablecoin for May Launch
Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto...
Strategy Adds 1,587 Bitcoin Through MSTR Stock Sales
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its cryptocurrency reserves last week as BTC continued to...
Robinhood Cuts Workforce as Tenev Says Business Is Stronger Than Ever
Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the...
HIVE Bitcoin Holdings Fall as Revenue Hits Record $298M
Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner...
Samsung Units To Buy $408M Stake In Upbit Operator Dunamu: Report
Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean...
5 Crypto Companies Shutter This Week in Market Slump
At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward...
Novogratz Appears in Court Over Failed BitGo Deal: Report
Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a...
World Liberty-Linked AI Financial Flags Going Concern
AI Financial Corp., a World Liberty Financial token treasury company, said its working capital deficit and liabilities are casting significant...
Ethereum Foundation Sees 2 More High-Profile Departures
The Ethereum Foundation saw the resignations of two top researchers on Monday, bringing the total number of high-profile departures at...
Berkshire Hathaway reveals $55M stake in Macy’s after Buffett’s hint
Berkshire Hathaway, the conglomerate synonymous with Warren Buffett’s value investing philosophy, disclosed a new $55 million position in Macy’s Inc....
Trump calls Nvidia CEO personally to join China trip amid chip diplomacy tensions
Nvidia CEO Jensen Huang will join President Donald Trump’s trip to China, added to the delegation shortly before departure and...
Cato Scholar Calls For Ending to Bitcoin Capital Gains Tax
Cato Institute, a US-based think tank, argued that the government should remove capital gains taxes on Bitcoin and other cryptocurrencies...
