Crypto News

Investors who participated in BitMine’s private placement paid $4.50 per share, but they can’t sell their shares yet.Source link

Stocks surged to record highs once again after positive jobs data sparked a market rally. Bitcoin however, chugged along, mostly flat. Jobs Report Buoys Optimism, Bitcoin Flat As Stocks Surge Market sentiment was positive across the board on Thursday after the U.S. Bureau of Labor Statistics revealed better than expected June employment data. The economySource link

Sen. Cynthia Lummis (R-WY) introduced a bill Thursday that would codify many crypto tax perks industry leaders were hoping to include in President Trump’s reconciliation bill.Source link

As an advisor to both TradFi and crypto native firms, one trend I’m excited about is the potential of blockchain and tokenization to help asset managers serve the next generation of investors.These financial institutions pride themselves on navigating complexity and pursuing innovative strategies. They manage trillions across private equity, credit, venture, and real assets. But for all their sophistication in portfolio construction, many still rely on infrastructure better suited for the fax machine era.Investor records are kept in spreadsheets. Capital calls go out over email. Waterfall calculations are done manually. LPs get quarterly PDFs and little else. The technology stack underneath these firms is fragile, opaque, and overdue for a serious upgrade.Blockchain isn’t a speculative detour; it’s a modern financial...

This content is provided by a sponsor. PRESS RELEASE. AEON, the next-generation crypto payment framework, has integrated Mesh, the first global crypto payments network, into its full suite of crypto payment solutions. This partnership allows users to seamlessly spend crypto directly from their exchange accounts and personal wallets across both online and offline merchants withinSource link