Everything web3, crypto, defi, degen
In brief Strategy acquired 196 Bitcoin worth $22 million The Bitcoin-buying firm meanwhile raised $128 million Strategy is obligated to make dividend payments on some of its preferred shares. Strategy notched its third smallest Bitcoin acquisition of the year on Monday, disclosing that it only bought $22 million worth of the asset, according to a…
In brief PrizePicks becomes first sports entertainment operator to receive FCM license from National Futures Association, allowing it to offer prediction markets. The move follows European lottery giant Allwyn International’s $1.6 billion acquisition of 62.3% stake in PrizePicks earlier this week. PrizePicks joins FanDuel as the second major brand in sports entertainment and gaming to…
In brief An Interpol operation encompassing 40 countries has seized $439 million from suspected criminals. Law enforcement agencies froze 400 crypto wallets, from which they recovered $16 million in crypto. Investigated crimes include investment fraud, money laundering related to illegal gambling, sextortion, and e-commerce fraud. Interpol has seized a total of $439 million in criminal…
In brief SharpLink Gaming will tokenize its SEC-registered common stock (SBET) directly on Ethereum through Superstate’s Opening Bell platform. The Nasdaq-listed firm has built one of the largest public ETH treasuries, holding more than 838K ETH worth $3.3 billion. The move follows SharpLink’s recent stock buybacks and comes amid a broader SEC push to modernize…
In brief Franklin Templeton’s tokenization platform is being integrated with BNB Chain Franklin Templeton is also working with Binance on separate crypto products. BNB hit an all-time high of $1,079 on Sunday Franklin Templeton’s tokenization platform is expanding to BNB Chain, bringing one of the world’s largest asset managers to the Binance-created blockchain.The asset manager,…
In brief Morgan Stanley is planning to offer crypto trading on its E*Trade platform early next year. The banking giant is teaming with crypto and stablecoin infrastructure provider Zerohash on the initiative. Investors will be able initially to trade Bitcoin, Ethereum, and Solana. Morgan Stanley is joining with crypto and stablecoin infrastructure firm Zerohash to…
In brief Ripple’s RLUSD stablecoin was integrated in Securitize’s platform. Two tokenized money market funds can now be exchanged for the stablecoin. BlackRock’s BUIDL is worth $2 billion, per RWA.xyz. Ripple’s RLUSD stablecoin has been integrated into Securitize’s platform, allowing users to exchange shares in tokenized money market funds for the dollar-pegged asset.The feature was…
In brief Strive Asset Management is acquiring Semler Scientific at a $1.3 billion valuation Semler’s stock had been trading at a discount to its Bitcoin holdings Strive expects to gain around 5,000 Bitcoin from the deal Strive Asset Management is acquiring Semler Scientific at a $1.3 billion valuation, the company said on Monday, growing its…
In brief Shares of Strategy are down slightly Monday as the firm announced its latest Bitcoin purchase. It added 850 BTC for around $100 million last week, boosting its holdings above $72 billion. Analysts at TD Cowen still see the stock as a buy, with a price target of $620. Shares of leading Bitcoin treasury…
In brief Bitcoin mining firm AgriFORCE Growing Systems announced plans to begin an Avalanche treasury. The firm’s stock price skyrocketed following the announcement, rising over 200% on the day at one point. AgriFORCE is raising $300 million via a PIPE led by HiveMind Capital, and has added Anthony Scarmucci to its advisory board. The crypto…
