Metaplanet raises $517M in a single day to buy more Bitcoin

Key Takeaways Metaplanet raised $517 million in a single day to acquire more Bitcoin. The firm’s strategy mirrors Strategy’s corporate investment in Bitcoin as a treasury asset. Share this article Japanese investment firm Metaplanet announced Wednesday that it had raised $517 million to purchase additional Bitcoin, following a corporate strategy similar to Strategy’s approach to […]

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US academic institutions urge SEC to implement stringent crypto staking rules, oversight

Representatives from multiple universities met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on June 23 to discuss a staking rulebook. The meeting included representatives from the University of California, Berkeley School of Law, Georgetown University Law Center, the University of Chicago Law School, and venture firm Placeholder. According to the logs, […]

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Dark market activity on Telegram persists despite $27B Huione ban – Elliptic

Telegram-based dark markets rapidly filled the gap left by Huione Guarantee after the $27 billion marketplace disappeared on May 13, according to a June 23 Elliptic report. Elliptic noted that Telegram banned thousands of Huione Guarantee channels and usernames once researchers traced billions of USDT-denominated sales to pig-butchering scams. However, data shows that merchants immediately […]

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Should You Buy Gold After Its 60% Increase in Value? Here’s What Warren Buffett Has to Say About It.

Some analysts think gold’s price can keep climbing, but investors need to keep Warren Buffett’s advice in mind. The value of gold has increased faster than both stocks and bonds since the start of 2024 as growing uncertainty has led investors to seek safe havens. Despite the strong performance of the asset, many still feel […]

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