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European crypto firm K33 raises $6.2M for Bitcoin buys


Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency.K33 said on May 28 that it secured financing through convertible loans and a new issue of shares...

Wall Street Firm Cantor Begins Bitcoin Lending Operations 


Cantor, a Wall Street investment bank, has launched its bitcoin financing business, completing initial trades in May and planning to provide up to $2 billion in institutional lending. Cantor Offers Up to $2B in Financing for Bitcoin Holders The service allows institutional bitcoin holders to secure...

MEXC Exec Warns: Capital Is Fleeing the Old Guard — Bitcoin Stands Firm


While macroeconomic ripples reverberate through global markets, long-dated bond yields have been steadily climbing—stoking further anxiety among investors. At the same time, Tracy Jin, COO of the crypto exchange MEXC, notes that as U.S. Treasuries fall out of favor amid ballooning yields...

Adam Back leads $2.2M raise for Swedish health firm’s Bitcoin buys


Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin.H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase...

Blockchain security firm releases Cetus hack post-mortem report


Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check.According...

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