Everything web3, crypto, defi, degen
In brief Metaplanet has finalized a $1.45 billion international share sale on Sept. 10. Most of the proceeds are allocated to Bitcoin purchases and income-generation operations. The company now holds 20,136 BTC worth $2.25 billion, making it the sixth-largest public corporate holder globally. Metaplanet is betting bigger on Bitcoin.The Tokyo-listed firm has locked in a…
In brief Hong Kong-based Hashkey Group has announced plans for a fund bridging tradfi and crypto. The DAT fund will target over $500 million in its first phase with a focus on Bitcoin and Ethereum projects. The structure is designed as a perpetual vehicle allowing regular subscriptions and redemptions. HashKey Group, a Hong Kong-based digital…
In brief Protage Biotech is rebranding as AlphaTON Capital and developing a new digital asset treasury focused on Toncoin (TON). The biotech firm will keep its existing business, but build its treasury starting with $100 million in TON. Shares were up earlier before finishing slightly down. The firm will adopt the ATON ticker starting Thursday.…
In brief London-listed web design and marketing firm The Smarter Web Company has appointed Jesse Myers to steer its Bitcoin strategy. Myers, author of the “Once-in-a-Species” newsletter, created a valuation model that inspired the Bitcoin 24 framework that Michael Saylor employed at Strategy. Smarter Web plans to hold reserves in both cash and Bitcoin, in…
In brief Ethereum ETFs pulled in $704 million on Wednesday, nearly eight times the inflows into Bitcoin funds. The three-day surge brings total ETH ETF inflows to $2.2 billion, compared to $331 million for Bitcoin. Standard Chartered has hiked its Ethereum price target to $7,500 by 2025, citing deep institutional demand and limited supply. Institutional…
In brief The ASX has reportedly queried DigitalX over director Ieva Guoga’s share purchases and dealings with major shareholder Antanas “Tony G” Guoga ahead of a Solana acquisition announcement. The ASX-listed crypto investment manager says the trades complied with its securities trading policy and listing rules, though it will tighten processes. The company also unveiled…
In brief The Panama Playlists appears to have leaked the Spotify accounts of some of the biggest names in crypto and AI. Coinbase CEO Brian Armstrong has created a playlist with just the same trance tune 60 times, which he says helps him focus. The last song Sam Bankman-Fried added to a playlist was Save…
In brief Showrunner users can create full episodes with prompts or photos, and share content on platforms like YouTube. Founder Edward Saatchi told Decrypt the company is in talks with studios, with plans to build purpose-trained models around official storyworlds. The startup is backed by Amazon’s Alexa Fund, though investment terms remain undisclosed. A startup…
In brief Bitcoin whales holding 10-10,000 BTC accumulated 0.9% of the total supply over four months, including 30,000 BTC over the past 48 hours. Despite whale buying, large-scale profit-taking occurred with one whale offloading $9 billion worth of Bitcoin through Galaxy Digital. Whales are expanding beyond Bitcoin into Ethereum, Solana, and select memecoins while the…
In brief Bitcoin has climbed back to $120,000 after briefly pulling back to a local bottom $114,000. Institutional flows have resumed, with ETF inflows and treasury adoption gaining ground. Analysts point to macro headwinds including inflation risk, geopolitical tensions, and the potential for a dollar rebound. Bitcoin has reclaimed the $120,000 mark following a brief…
