GameStop Urged to Convert Its $5B Cash Into Bitcoin by Strive’s CEO Matt Cole
GameStop has a unique opportunity to redefine itself as a market leader with its nearly $5 billion cash reserve, the letter said.
Crypto Asset Manager Bitwise Bolsters Balance Sheet With $70M Equity Raise
The raise was led by Electric Capital and included participation from MassMutual, Highland Capital, Haun Ventures and ParaFi Capital
Ethereum Foundation’s Aya Miyaguchi Leaving Executive Director Role
Miyaguchi shared in a blog post that she will stay at the foundation and serve as its new president.
Bitdeer Q4 Loss Widens to $532M as Miner Focuses on ASIC Development for 2025 Growth
The bitcoin mining firm faced revenue declines but is betting on proprietary ASIC chips to drive future expansion.
SEC Drops Investigation Into Uniswap, Will Not File Enforcement Action
Uniswap celebrated the news on X, calling it a “huge win for DeFi.”
Bybit Declares ‘War on Lazarus’ as it Crowdsources Effort to Freeze Stolen Funds
The exchange is offering a 5% bounty for submissions that could lead to stolen funds being frozen.
Michael Novogratz’s Galaxy Hires Zac Prince, Former CEO and Co-Founder of BlockFi
Prince will work closely with the firm’s president, Chris Ferraro, to expand Galaxy’s crypto offering.
How to Prepare for a Major Compliance Failure Settlement: The OKX Approach
A confidential crisis management document drafted by OKX offers a fascinating insight into how one exchange choreographs its response when news breaks about regulatory failures.
XRP, BNB Edge Higher as Bitcoin Bulls Eye $90K After Tuesday Bloodbath
The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.
U.S. Bitcoin ETFs See Record Daily Outflow of Over $930M as Carry Trades Lose Shine to The 10-Year Treasury Note
Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.