Markets
Metaplanet is pressing ahead with its aggressive Bitcoin accumulation strategy, announcing the purchase of 775 BTC for roughly $93 million. The acquisition, disclosed on August 18, was made at an average price of $120,006 per coin, pushing the company’s total holdings to 18,888 BTC—valued at around
Security
Hong Kong’s Securities and Futures Commission (SFC) has cautioned investors about growing risks of fraud and market volatility in the wake of the city’s newly implemented Stablecoin Ordinance. The law, which came into effect on August 1, establishes a regulatory framework for stablecoin issuers and has been met
DeFi
The community behind blockchain project Qubic has voted to make Dogecoin its next target, just days after the group announced a successful 51% attack on Monero. Founder Sergey Ivancheglo revealed the decision on August 17, following confirmation that Qubic’s mining pool had gained majority control over Monero’s network.
Politics
Digital Currency Group (DCG) has filed a lawsuit against its subsidiary, Genesis Global Capital, seeking more than $105 million plus interest in a dispute over a $1.1 billion promissory note issued during the 2022 crypto market crash. According to a complaint lodged Thursday in the U.S. Bankruptcy Court
Security
The US Justice Department has authorized the seizure of more than $2.8 million in cryptocurrency, along with cash and other assets, in a criminal case against an alleged ransomware operator. Court documents unsealed Thursday revealed that federal authorities obtained six warrants targeting a crypto wallet allegedly controlled by Ianis
What Is Ripple? Ripple is a San Francisco–based tech company building blockchain infrastructure for global payments. At the heart of its ecosystem is the XRP Ledger (XRPL), an open-source blockchain designed for fast, low-cost transactions. Its native cryptocurrency, XRP, acts as the fuel that powers payments, liquidity, and other
AI
Alibaba is taking its first step into the wearable technology market with the upcoming Quark AI Glasses, a device powered by the company’s proprietary large language model, Qwen, and its AI assistant, Quark. Scheduled for launch in China by the end of 2025, the glasses are part of a
AI
Artificial intelligence may be transforming industries, but it still speaks only a fraction of the world’s 7,000 languages—leaving many communities out of the conversation. NVIDIA is setting out to change that, particularly for Europe’s diverse linguistic landscape. World Leader in AI ComputingWe create the world’s
Cryptocurrency
Bitcoin’s record-breaking rally has shaken up the ranks of the world’s wealthiest, and its mysterious creator, Satoshi Nakamoto, has quietly surged past one of tech’s most iconic names. According to blockchain analytics firm Arkham Intelligence, the wallet long believed to belong to Nakamoto—holding roughly 1.096
Markets
New York – Crypto infrastructure firm Bit Digital (Nasdaq: BTBT) reported lower revenue in the second quarter as it accelerated its pivot away from bitcoin mining toward building a large-scale Ethereum treasury and staking operation. The company posted $25.7 million in total revenue for Q2, down 11.7% from the
Understanding the Blockchain Trilemma If you’ve spent any time in the crypto space, you’ve probably heard the term “blockchain trilemma.” It’s the idea that a blockchain can’t be fully scalable, secure, and decentralized all at the same time — at least, not with today’s technology. Blockchains
Politics
Hong Kong’s financial watchdog is stepping up safeguards for cryptocurrency investors, introducing stricter custody requirements for licensed exchanges in response to mounting global security threats. e-Distribution The Securities and Futures Commission (SFC) announced on Friday that all licensed virtual asset trading platforms (VATPs) must immediately strengthen how they store