Crypto News
White House: Sprawling Crypto Report Makes No Mention of Bitcoin Reserve
President Trump's January executive order said the report should outline how the federal government should go about creating a national crypto stockpile.Source link
UK’s Smarter Web Company Buys 225 Bitcoin, Boosts Treasury to 2,050 BTC
The Smarter Web Company PLC announced the purchase of 225 bitcoins on Wednesday as part of its ongoing corporate treasury strategy. Smarter Web PLC Spends £19.9M on 225 Bitcoin Acquisition The London-listed technology firm paid an average price of £88,482 per Bitcoin, totaling £19,908,550. This acquisition increases the company’s total Bitcoin holdings to 2,050. TheSource link
Bitcoin Miner MARA Is Missing Out on AI Boom: Compass Point
The Bitcoin miner owns 50,000 BTC worth $5.8 billion.Source link
FG Nexus Debuts with $200M Raise and Ether Treasury Strategy on Ethereum’s 10th Birthday
Nasdaq-listed Fundamental Global (FGF) is rebranding to FG Nexus and entering the digital asset space with a $200 million private placement to launch an ether-based treasury strategy, the company said in a press release WednesdayThe offering, composed of 40 million prefunded warrants priced at $5, was backed by a slate of high-profile strategic investors, including Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group, and Kenetic, the company said.Galaxy will serve as a strategic advisor, managing treasury and staking infrastructure, while Kraken will support staking operations.The company plans to use the proceeds to accumulate ether (ETH) as its primary reserve asset, generating staking rewards and enabling exposure to tokenized real-world assets. FG Nexus is among the growing list of...
Dragonfly Capital No Longer Under DOJ Scrutiny In Tornado Cash Trial: Co-Founder
Haseeb Qureshi called the original threat "unprecedented" and a "clear violation of DOJ policy" designed to prevent defense testimony.Source link