Warren Buffett’s Berkshire Hathaway has taken a substantial profit, selling its entire stake in Nu Holdings (Nubank’s parent company) for $250 million. This strategic move aligns with Berkshire’s […]
Fifth Third Bank to Expand into Cryptocurrency Sector
Fifth Third Bancorp, a financial institution with roots tracing back to 1858, has been quietly working within the cryptocurrency sector for five years. However, delayed investments only recently […]
Cointree Faces $75K Fine for Delayed Suspicious Activity Reports
AUSTRAC, Australia’s financial intelligence agency, has penalized cryptocurrency exchange Cointree $75,120 for failing to report suspected illicit activity promptly. The penalty highlights the regulatory pressure on crypto exchanges […]
Stablecoins Go Mainstream: Institutional Focus Shifts From Cost to Growth
Stablecoin adoption is rapidly accelerating, moving from pilot projects to the core of global payment systems. Fireblocks’ new report reveals that stablecoin transactions on its network now reach […]
90% of Institutions Embrace Stablecoins: Fireblocks Report
A new report from Fireblocks reveals that a significant majority of institutional players are actively utilizing or exploring the integration of stablecoins into their operations. Conducted on May […]
Méliuz Makes History as Brazil’s First Publicly Traded Bitcoin Treasury
Brazilian fintech firm Méliuz has taken a revolutionary step, becoming the first publicly traded company in Brazil to adopt a Bitcoin treasury strategy. The company recently purchased 274.52 […]
Méliuz Becomes First Publicly Listed Firm in Brazil to Embrace Bitcoin Treasury Model
Brazilian fintech company Méliuz has revolutionized financial strategies by becoming the first publicly traded firm in Brazil and Latin America to utilize Bitcoin as a core treasury asset. […]
Qubetics Aiming for $1 Post-Presale as Stellar Rallies and Maker Holds Steady
The cryptocurrency market is buzzing with activity, with Qubetics standing out as a prime candidate among the top crypto coins to buy now. While blockchain technologies continue to […]
Singapore Fintech Employee Sentenced for $26 Million USDT Theft
A Singapore-based fintech employee has been sentenced to 78 months in prison for stealing over $26 million worth of USDT from the company’s Hong Kong branch. The theft […]
Brazil’s Méliuz Gains Approval to Become First Bitcoin Treasury Company
Méliuz, a Brazilian fintech firm, has become the first publicly-traded Bitcoin treasury company in Brazil after shareholder approval. The company has acquired $28.4 million worth of Bitcoin to […]
Hong Kong Unveils Fintech 2025 Strategy to Drive Economic Growth
Hong Kong has unveiled a bold Fintech 2025 strategy, aiming to fully integrate technology across the financial sector by 2025. This ambitious initiative seeks to bolster Hong Kong’s […]
NY Fed and BIS Prioritize Tokenization Over CBDCs
The New York Fed and the Bank for International Settlements (BIS) have shifted their focus from central bank digital currencies (CBDCs) to tokenized assets under Project Pine. This […]
eToro Shares Soar 30% After Nasdaq Debut, IPO Valued at $5.6 Billion
eToro’s highly anticipated debut on the Nasdaq saw its shares soar over 30%, valuing the Israeli trading platform at a hefty $5.64 billion. This impressive initial public offering […]
Coinsilium Raises £1.25 Million for Bitcoin Treasury Adoption
UK-based firm Coinsilium secured a significant investment of £1.25 million through an oversubscribed share placement. The company issued 41.6 million new shares at a price of 3 pence […]
Mastercard and MoonPay Partnership: Driving Stablecoin Adoption Across Global Commerce
A major breakthrough for the cryptocurrency industry, Mastercard and MoonPay have partnered to introduce stablecoin-powered payment cards. This collaboration enables users worldwide to seamlessly use digital assets at […]