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Polkadot’s treasury has $245M with 2 years of runway
2.7.2024
The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered
Tokyo Stock Exchange-Listed Metaplanet Boosts Bitcoin Holdings
1.7.2024
Metaplanet, listed on the Tokyo Stock Exchange under the ticker 3350, announced on July 1 that it has made an additional bitcoin purchase. Following the company’s disclosure on June 24 about plans to acquire BTC worth 1 billion yen ($6.2 million), Metaplanet has initiated the purchase with...
Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand
1.7.2024
Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP, aims to offer an integrated suite of services including...
Abra Launches Treasury Service for Corporates That Want to Hold Crypto
1.7.2024
The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions
Treasury and IRS Announce Digital Asset Tax Reporting Regulations
30.6.2024
The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed that they anticipate...
U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
28.6.2024
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency
Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD
24.6.2024
The directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase Bitcoin worth $6.25 million using bond proceeds. Metaplanet clarified that the acquired cryptocurrency will be recorded at its acquisition cost for long-term holdings....
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
20.6.2024
Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), which cited the use of bitcoin and other tokens in a Thursday advisory
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
20.6.2024
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering...
US Treasury Expands Sanctions to Cripple Russian War Economy
14.6.2024
The U.S. Treasury Department announced Wednesday that over 300 new sanctions have been issued to intensify pressure on Russia for its ongoing war against Ukraine. These measures, in alignment with G7 commitments, target entities and individuals globally to cripple Russia’s military-industrial base...
President Biden announces picks for SEC, FDIC and Treasury leadership
13.6.2024
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC
White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports
13.6.2024
The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation Chair media outlets have reported
VeChain Q1 2024: Strong Treasury fuels blockchain growth
13.6.2024
The VeChain Foundation, one of the leading members of blockchain and digital asset integration, has released the Q1 2024 Treasury Report. This release is important because it comes at a crucial stage when blockchain technology is starting to receive more attention in traditional markets. The recent...
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
13.6.2024
Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an event in Sydney on Wednesday
MicroStrategy plans $500M stock sale to buy more Bitcoin
13.6.2024
MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset
In Conversation With Brian Nelson
12.6.2024
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary...
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
12.6.2024
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price...
Polygon launches $720M Community Treasury for blockchain grants
11.6.2024
Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems
DeFi project Hydration will receive $14.4M from Polkadot Treasury
11.6.2024
Polkadot Treasury has allocated 2 million DOT tokens. They were worth approximately $14.4 million. The DeFi project Hydration has benefited from the allocation, which aims to improve liquidity and efficiency. Omnipool is a liquidity provisioning platform that operates on a single-sided basis....
DeFi Technologies adopts Bitcoin treasury strategy
10.6.2024
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour