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Metaplanet Announces $70 Million Stock Rights Offering to Further Boost Bitcoin Investments

Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this…

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Vitalik Buterin Sees ‘Light at the End of the Tunnel’ for Ethereum Block-Building Research

Ethereum co-founder Vitalik Buterin recently shared an update on social media, summarizing the latest research on Ethereum block-building as of August 7, 2024. Buterin highlighted a consensus among researchers that…

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Capula Management Invests $464 Million in Bitcoin ETFs, Signaling Institutional Interest

Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing…

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Coinshares Sees $528 Million Outflow From Crypto Products Due to Recession Fears

Coinshares, a digital asset investment firm, has reported a significant $528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened…

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Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea

In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody…

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