Metaplanet doubles down on Bitcoin with new $5 billion capital infusion – Details!
Metaplanet invests $5 billion in its U.S. subsidiary to acquire Bitcoin, aiming for 210,000 BTC by 2027. Despite Bitcoin’s price rise, Metaplanet’s stock dropped 6.3% as it expands globally.
Stablecoin Issuance Should Begin With Banks, Says BOK Official – Decrypt
Bank of Korea officials propose banks lead stablecoin issuance to mitigate risks before expanding to non-banking sectors, amid concerns over capital outflows and FX management.
Arizona Bitcoin Reserve bill HB2324 passes House, heads to Governor Hobbs for signature
Arizona’s HB2324 bill, allowing a state-managed Bitcoin reserve from seized assets, passed the House and awaits Governor Hobbs’ signature to become law.
Eight Korean Banks Join to Establish Won-Backed Stablecoin
Eight major South Korean banks form a consortium to launch won-backed stablecoins, supported by regulatory bodies and marking private sector’s serious crypto engagement.
How the ‘SparkKitty’ Trojan Is Stealing Crypto Wallet Data From Phones – Decrypt
The ‘SparkKitty’ Trojan steals crypto wallet data by accessing phone images, distributed via app stores. Linked to SparkCat spyware, it targets seed phrases, primarily affecting Asia but could spread globally.
SharpLink Gaming Boosts Ethereum Treasury But ETH Price Struggles
SharpLink Gaming increased its Ethereum holdings to 188,478 ETH, worth $460 million, and earned $293,000 in staking rewards. Despite institutional interest, ETH price struggles below $2,500.
BRICS Trade Surpasses $1 Trillion as Putin Highlights Global Role – News Bytes Bitcoin News
BRICS nations achieve over $1 trillion in trade as Putin emphasizes their growing global influence and collaboration in sectors like nuclear energy, AI, and IT.
FUNToken sees a 200% rise in 7 days of trading!
FUNToken surged 200% in a week, driven by bullish market sentiment and protocol upgrades. The ERC-20 gaming token focuses on decentralization, deflationary mechanisms, and utility in gaming and entertainment.
New bill targets Trump’s crypto empire – Will COIN Act put a ‘stop to this corruption?’
Senator Schiff introduces the COIN Act to restrict Trump and officials from crypto activities, citing corruption concerns over Trump’s $1 billion crypto ventures and conflict of interest issues.
Binance co-founder Yi He dismisses rumors of CZ receiving pardon from President Trump: Report
Binance co-founder Yi He denied rumors that CZ received a presidential pardon from Trump. BNB briefly rose on the false news but stabilized. CZ’s team had applied for a pardon in April.
