Do Kwon may change his plea in the US fraud case concerning TerraUSD’s 2022 collapse. Kwon faces nine felony counts including securities fraud, market manipulation, money laundering, and wire fraud. This plea hearing may influence related cases in South Korea where Kwon also faces charges. Terraform Labs co-founder Do KwonContinue Reading
Chainlink has partnered with Intercontinental Exchange (NYSE operator) to integrate institutional-grade forex and metals pricing data onto blockchain networks. The collaboration provides over 2,000 applications with access to trusted market data from more than 300 global exchanges, enhancing blockchain’s appeal to traditional finance. Chainlink has also launched a reserve fundContinue Reading
A luxury Fannie Bay home in the Northern Territory is listed for $2.85 million or the Bitcoin equivalent. About 20% of Australians own cryptocurrency, with the market valued between $50 billion and $70 billion. Internationally, places like Dubai have clear crypto real estate laws, enabling Bitcoin and stablecoin property purchases.Continue Reading
Former BitMEX CEO, Arthur Hayes, has bought back into ETH to the tune of US$10.5 million after having sold US$8.32 million worth of the cryptocurrency just days earlier at a significantly lower price. Hayes’ reversal came after ETH surged significantly after his sell-off, rising from around US$3,507 at the timeContinue Reading
World Mobile, in partnership with Indonesian telecom Protelindo, is launching a blockchain-powered 5G network using high-altitude, hydrogen-fueled drones. The drones will operate at 60,000 feet, with each unit capable of providing coverage over 15,000 square kilometers with low-latency, high-speed connectivity. World Mobile Stratospheric is designed to integrate into existing mobileContinue Reading
MARA Holdings is in advanced talks to purchase a 64% stake in France’s Exaion for US$168 million in cash. The acquisition marks a strategic pivot for MARA toward AI inference operations, a move that differentiates it from other Bitcoin miners focusing on hyperscale data-center services. MARA aims to leverage bothContinue Reading
Nasdaq-listed VivoPower International saw its stock soar by over 52% after announcing a $100 million purchase of Ripple Labs shares. The sustainable energy firm will acquire the stake from existing shareholders, pending approval from Ripple’s management. This dual strategy, executed with partners like BitGo and Nasdaq Private Market, is intendedContinue Reading
World Liberty Financial is seeking US$1.5B (AU$2.30B) to publicly list a WLFI token-holding company. The company has acquired a Nasdaq-listed shell to house its tokens, mirroring digital-asset treasury firm strategies. Two public WLFI sales have raised US$550M (AU$843.14M), attracting high-profile backers including Justin Sun and Web3Port. The Trump family-backed WorldContinue Reading
Steak ‘n Shake reported a 10.7% increase in same-store sales for Q2, with the company crediting Bitcoin acceptance as a “game changer” for their business. The chain saves approximately 50% on processing fees by accepting Bitcoin payments through the Lightning Network across all 400 US locations. Reddit users are callingContinue Reading
The new law allows banks with over US$50 million capital to offer cryptocurrency services. It targets “sophisticated investors” holding more than US$250,000 in liquid assets, including Bitcoin. Licensed institutions can hold Bitcoin, issue tokens, and create regulated crypto-linked investment products. El Salvador’s National Assembly has passed the Investment Banking Law,Continue Reading
