Japanese firm Metaplanet has made headlines again after issuing 54 million new shares to aggressively expand its Bitcoin (BTC) treasury. The equity raise, facilitated by institutional investor EVO FUND, is worth an estimated ¥74.9 billion (around $515 million), marking the largest single-day equity-based Bitcoin acquisition event in corporate history. Once a budget hotel operator, Metaplanet…
Chainlink has announced a groundbreaking partnership with Mastercard that will allow over 3 billion Mastercard users to make direct onchain cryptocurrency purchases using offchain payment methods. The collaboration marks a major step toward mainstream DeFi adoption by bridging the gap between traditional finance and blockchain-based transactions. According to a joint press release, the integration enables…
Tether’s flagship stablecoin, USDT, has reached an all-time high in circulating supply, crossing $156.1 billion on June 24, 2025. The milestone reinforces USDT’s dominance in the stablecoin sector, with a staggering 90% of its supply concentrated on just two networks—Tron and Ethereum. According to on-chain data, more than half of the supply, approximately 50.47%, now…
In a dramatic escalation of Middle Eastern tensions, the United States has officially joined Israel in launching targeted airstrikes against Iran’s nuclear infrastructure. The coordinated campaign struck three of Iran’s most critical nuclear sites—Fordow, Natanz, and Esfahan—marking the first direct U.S. military involvement in the latest round of hostilities. According to statements released by U.S….
Norway is set to implement a temporary ban on the establishment of new cryptocurrency mining data centers, aiming to reduce energy consumption and protect national energy priorities. The announcement was made on June 20 by the Norwegian government, with the ban scheduled to take effect in August. The move targets high-power crypto mining operations, especially…
TikTok has strongly denied allegations made by U.S. Congressman Brad Sherman that its “Chinese owners” purchased $300 million worth of TRUMP memecoins in an attempt to sway President Donald Trump into extending the platform’s U.S. deadline. The accusation comes after Trump signed an executive order granting TikTok a 90-day extension to find a buyer or…
The cyberattack on Iranian crypto exchange Nobitex has escalated dramatically, as hacker group Gonjeshke Darande — also known as Predatory Sparrow — has publicly released what it claims is the exchange’s entire source code, compounding the already devastating breach. Taking to Twitter on Thursday, the group posted: “Time’s up — full source code linked below….
The Federal Reserve has opted to maintain interest rates at current levels, signaling a cautious stance as it navigates persistent inflation and global economic uncertainty. The decision, announced by the Federal Open Market Committee (FOMC) on Wednesday, June 18, keeps rates in the 4.25% to 4.5% range, aligning with market expectations. In its statement, the…
In a landmark move, Spokane has become the first city in Washington State to ban cryptocurrency ATMs, citing a sharp rise in fraud and scams targeting vulnerable residents. The Spokane City Council voted unanimously on June 17 to enact the ordinance, titled “Virtual Currency Kiosk Prohibition for a Safer Spokane,” which mandates the removal of…
Avalanche (AVAX) experienced one of the steepest declines among major altcoins on Friday, June 13, dropping over 14% in the wake of Israel’s military strike on Iran. The heightened geopolitical tensions triggered a wave of risk-off sentiment across financial markets, sending crypto assets tumbling as investors sought safer ground. At its lowest point, AVAX traded…