Key Takeaways Hut 8 and Trump’s sons have launched a new Bitcoin mining entity named American Bitcoin Corp. American Bitcoin aims to achieve over 50 EH/s and will be a publicly listed company. Share this […]
Stablecoins are the single best tool for the United States government to maintain the US dollar’s hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino. In an interview with Cointelegraph, […]
The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches […]
Circle, the issuer of the USDC stablecoin, has reportedly delayed its plans to go public. This is due to the growing financial market instability triggered by Trump’s sweeping import tariffs and China’s earlier retaliation. Multiple […]
Key Takeaways Circle is planning an IPO in late April with JPMorgan and Citi as partners. The USDC issuer aims for a $4 to $5 billion valuation in one of 2024’s largest crypto offerings. Share […]
Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report […]
Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in […]
OKX, one of the world’s leading cryptocurrency exchanges, has appointed Linda Lacewell as its new Chief Legal Officer (CLO). This decision aligns with the company’s strategy to accelerate its global expansion. This appointment replaces Mauricio […]
Key Takeaways Circle has filed for an IPO with SEC to list on NYSE under the ticker CRCL. The IPO comes as Congress advances stablecoin legislation and Trump-backed World Liberty Financial announces plans to launch […]
Two Republican candidates supported by at least a combined $1.5 million in media spending from a cryptocurrency-backed political action committee (PAC) are making final pleas to voters turning out for special elections in Florida congressional […]
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