Parataxis to go public in $640M SPAC merger with Silverbox
Bitcoin asset manager Parataxis will go public via a SPAC deal that could see up to $640 million in gross proceeds to fund a Bitcoin treasury.
KakaoBank plans to ‘actively participate’ in stablecoin market: Report
KakaoBank is reportedly looking at services for the issuance and custody of stablecoins with plans to “actively participate” in the crypto market.
Bitcoin short-term holders ‘cooled off’ profit-taking as price sticks to $115K
The Bitcoin market is in a “relatively balanced position” despite the recent price pullback from all-time highs, Glassnode says.
IREN soars 11% after mining more Bitcoin than MARA in July
Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July.
US DOJ could still pursue money laundering, sanctions charges against Roman Storm
Roman Storm’s trial verdict leaves the door open for US prosecutors to retry the Tornado Cash developer, attorneys said.
Crypto salaries triple in 2024 as stablecoins dominate payrolls: Report
Circle’s USDC accounted for 63% of salaries paid in crypto in 2024, outpacing USDt despite its trading dominance, according to Pantera’s global compensation survey.
Nomura’s Laser Digital to launch first regulated OTC desk for crypto options in Dubai
Nomura’s crypto arm gains regulatory green light in Dubai to offer institutional OTC crypto options, expanding the UAE’s footprint in global digital derivatives.
Dollar weakness boosts Bitcoin hopes, but macro risks could delay $120K
Bitcoin benefits from a weaker dollar, but credit market signals warn of possible investor caution that could prevent the bulls from making a run at $120,000.
US government announces ChatGPT integration across agencies
The deal was announced in response to the White House’s recent policy strategy to make the United States the AI capital of the world.
Bakkt spins yarn into Bitcoin with 30% stake in Japan’s Marusho Hotta
The deal marks Bakkt’s latest pivot toward becoming a crypto treasury company, with a 30% stake in Tokyo-listed Marusho Hotta and plans to rebrand it as bitcoin.jp.