Treasure Global (TGL), a publicly traded e-commerce and fintech firm, said it will invest up to $100 million in cryptocurrencies as part of a new capital strategy. Half the funding comes from an existing equity facility, while the other $50 million stems
The cryptocurrency market continues to navigate choppy waters as global economic factors create ripple effects across digital assets. Cardano’s native cryptocurrency, ADA ADA, demonstrated resilience, forming a V-shaped recovery pattern after finding strong support at $0.684 with significant buying volume overnight, according
China-based Webus International (WETO) filed a Form 6-K with the U.S. Securities and Exchange Commission on Tuesday with plans to build a $300 million XRP-focused corporate treasury. The filing follows an earlier May announcement by the firm, which aims to fund the
MoonPay, a cryptocurrency on-ramp and payments firm with over 20 million users, has been granted a coveted BitLicense and money transmitter license by the New York State Department of Financial Services (NYDFS). The BitLicense approval completes MoonPay’s U.S. regulatory coverage, complementing money
Australia’s anti-money laundering regulator, AUSTRAC, enacted a series of measures for crypto ATM providers to clamp down on scammers using the devices to target the elderly. AUSTRAC is putting a $5,000 limit on crypto ATM cash deposits and withdrawals, requiring operators to
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3117.62, down 1.1% (-35.3) since 4 p.m. ET on Tuesday. Three of 20 assets are trading
Fart-powered joke tokens suddenly weren’t so funny for crypto traders on Tuesday. A basket of the largest Pump.fun ecosystem tokens faded from recent highs after Blockworks reported the Solana-based launchpad is pitching a $1 billion token sale that would value the project
Berachain is gearing up to be the first non-Ethereum Layer-1 blockchain to fully activate Pectra’s new execution-layer features. Its Bectra hard fork goes live Wednesday, giving more than 100 apps on the chain access to tools that could enhance how users and
Crypto exchange Rails has raised $14 million in a token sale to launch its trading platform combining self-custody and high-speed execution, the company said in a press release Wednesday. The company raised $14 million in a token sale to investors in April
K Wave Media Inc.(KWM), the first Korean media alliance listed on Nasdaq, has announced plans to raise up to $500 million in stock sales to fund bitcoin purchases. “K Wave is looking to be the ‘Metaplanet of Korea,” said the company in