Crypto News
Nano Labs Buys $50 Million in BNB, Grows Digital Reserve to $160 Million
Nano Labs has acquired 74,315 BNB for $50 million, pushing its total digital asset reserves to approximately $160 million. The company plans to expand holdings further as part of a long-term BNB treasury strategy. China’s Nano Labs Accelerates BNB Strategy With $50 Million Purchase Nano Labs Ltd (Nasdaq: NA), a prominent Chinese web3 infrastructure provider,Source link
Janus Henderson Launches First Native Onchain AAA CLO Strategy
Janus Henderson Investors has launched the first fully native onchain AAA collateralized loan obligation (CLO) strategy in partnership with tokenization platform Centrifuge, backed by a $1 billion allocation from the Grove protocol operating within the Sky Ecosystem. Janus Henderson’s JAAA CLO Strategy Debuts Natively Onchain According to the announcement shared with Bitcoin.com News, Janus HendersonSource link
Rap Mogul Drake Name-Drops Bitcoin in New Diss Track
Hip hop and rap star Drake referenced bitcoin in his newly released song amid his ongoing feud with fellow rapper Kendrick Lamar. The Canadian superstar unexpectedly dropped the track “What Did I Miss” during a July 4 Youtube stream titled “ICEMAN EPISODE ONE,” where he portrayed a worker on break. The song addresses betrayal followingSource link
Crypto, Cash, and Condos: Singapore Ends $2.2B Laundering Case With Fines
Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to cryptocurrency.The Monetary Authority of Singapore (MAS) announced that Credit Suisse’s local unit, now part of UBS, faced the biggest penalty of S$5.8 million for gaps in anti-money laundering (AML) controls, Bloomberg reported. Citigroup’s Singapore business was also fined for compliance lapses.The enforcement wraps up a two-year investigation into a sprawling S$3 billion ($2.2 billion) case revealed in 2023.Ten individuals of Chinese origin, dubbed the Fujian gang, were convicted, while two ex-bankers were charged last year for their involvement.Authorities seized cash, property, high-end goods, and cryptocurrency...
BitMine Stock Soars 700% Within 24 Hours – Will Ethereum Treasury Strategy Make Another MicroStrategy?
BitMine $BMNR has been on fire since Monday – after naming Fundstrat’s Tom Lee as Chairman, the stock skyrocketed. Now, it’s raising $250M for an Ethereum treasury strategy. Could this be the MicroStrategy of ETH? BitMine Bets Big on Ethereum The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin miningSource link