QMMM announced a US$100m (AU$153.2m) crypto treasury, sending shares up 2,300% before closing at US$207 (AU$317.1). Gains cooled in after-hours trading, with shares down nearly 25% to US$156.31 (AU$239.40). CEO Bun Kwai highlighted fast-growing blockchain adoption as the driver of QMMM’s digital asset strategy. Hong Kong-based investment company QMMM Holdings’Continue Reading
President Kassym-Jomart Tokayev announced Kazakhstan’s Strategic Bitcoin Reserve initiative, creating a state fund for digital assets managed by the National Bank’s investment arm. The country is simultaneously rolling out the digital tenge CBDC, already piloted for VAT refunds and infrastructure payments, with full scale-up planned by year-end. A US$1 billionContinue Reading
WLFI has allegedly frozen investor funds, prompting strong backlash from several early backers of the Trump-linked crypto project. Ethereum developer Bruno Skvorc said his tokens were withheld after his wallet was labelled “high risk” leaving him unable to withdraw. Tron founder Justin Sun claimed his stake was also blocked, escalatingContinue Reading
Paul Atkins calls the Spring 2025 agenda a “new day”, which puts crypto regulation front and centre. Planned rules will clarify crypto issuance, custody, trading, and allow trading on national exchanges and alternative trading systems. Broader goals include easing compliance burdens and revisiting costly audit trail requirements. Securities and ExchangeContinue Reading
Shares of CleanCore Solutions (ZONE) plummeted nearly 60% after the company announced a US$175 million private placement to fund a new treasury strategy focused on holding Dogecoin. The deal, which involves issuing 175 million pre-funded warrants, will use the proceeds to purchase Dogecoin, with the goal of positioning the memecoinContinue Reading
Aussie digital asset financial services firm, Block Earner, announced it has secured an additional AU$8 million in Series A funding. It follows Block Earner’s launch of Australia’s first Bitcoin-backed home loan product last month, which the company claims has already attracted AU$400 million in mortgage demand. Block Earner said theContinue Reading
The US Treasury has today opened a consultation seeking public feedback on how to best mitigate the risks of illicit financial activity associated with digital assets. One of the Treasury’s proposed solutions is embedding digital ID checks into DeFi smart contracts, easing compliance but also raising concerns around government surveillance.Continue Reading
Pantera Capital has invested over US$300M in digital asset treasury companies and launched two dedicated DAT funds. The company backs DATs to outperform ETFs through NAV growth and yield strategies. Their NAV growth strategies include share issuance, staking rewards, and convertible debt. Pantera Capital has committed over US$300 million (AU$459.45Continue Reading
A recent Pantera Capital survey shows that the percentage of crypto professionals receiving salaries in digital assets has tripled in the past year to 9.6%. USD Coin (USDC) dominates stablecoin-based payrolls, accounting for 63% of payments, likely due to its widespread support on major payroll platforms. The report also highlightsContinue Reading
The SEC’s Project Crypto aims to modernise outdated regulations and simplify licensing for crypto-native financial platforms. Paul Atkins supports exemptions and grace periods for decentralised projects and ICOs to encourage early innovation. The initiative promotes super apps and reaffirms users’ rights to self-custody, signalling a major regulatory shift. The USContinue Reading
