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Shares of AsiaStrategy, formerly the luxury watchmaker Top Win, surged over 60% in premarket after announcing a Bitcoin treasury strategy in partnership with Sora Ventures.
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Latest News on Business
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
- News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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A new Eric Trump token on Solana surged 6,200%, raising rug-pull concerns as blockchain sleuths trace insider wallet activity and repeated scam attempts.
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Hong Kong-rooted DDC has acquired 100 Bitcoin as part of its BTC reserve plan to acquire 5,000 BTC in the next 36 months.
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A report shows 90% of institutional players are using or plan to use stablecoins, with banks prioritizing cross-border payments and speed as key benefits.
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The New York Fed and the Bank for International Settlements are trialing smart contracts for tokenized monetary policy, aiming to let central banks act instantly in future financial systems.
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“The blockchain gaming industry isn’t dead — it’s evolving. It’s moving from noise to signal,” says DappRadar analyst Sara Gherghelas.
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Guthrie says there is still a “lot of innovation to do,” and it’s still “very early days,” but the market has matured and has greater sustainability than previous cycles.
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Another 12 people have been charged over a massive crypto theft ring, which at one point stole 4,100 Bitcoin from a single person.
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Brazilian fintech firm Méliuz’s shareholders officially approved a Bitcoin treasury proposal on May 15, with the firm also announcing it acquired another 274.5 Bitcoin.
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Hackers are using deepfake voice messages to steal data from individuals, many of whom are current and former US federal and state officials.
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Stablecoins offer a cheaper, faster alternative to legacy global payments systems, the popular investor said at Consensus.
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The company still managed to clock net income of more than $400 million due to increasing values of derivatives on its balance sheet, Bitdeer said.
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Not all FTX account holders will be reimbursed in the second distribution of assets, but the trust said it will send more than $5 billion “within 1 to 3 business days” of May 30.
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All the Coinbase customer service agents whom cybercriminals allegedly bribed to gain access to user data were based in India, according to Philip Martin.
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