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Nasdaq-listed Flora Growth will rebrand to ZeroStack after raising $401 million to support 0G, a decentralized AI blockchain training 107B-parameter models. Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal…
YZi Labs has invested further into Ethena to push USDe adoption across more chains and platforms, while also assisting with the development of a new stablecoin. Tech-focused venture capital firm YZi Labs has increased its stake in Ethena, the stablecoin issuer behind USDe, which will assist the digital dollar’s adoption across decentralized and centralized platforms….
The rising network difficulty and the need to pay for energy are pushing out smaller players and even publicly traded corporations. The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive…
HashKey Capital CEO Deng Chao says crypto treasuries must be treated as strategic reserves, not speculative bets, to remain sustainable in volatile cycles. The survival of corporate crypto treasuries depends on governance and discipline, according to HashKey Capital CEO Deng Chao. In an interview with Cointelegraph, Chao argued that digital asset treasuries (DATs) are sustainable…
Web3’s mass adoption depends on embracing Web2 infrastructure, not replacing it. Gradual integration builds trust and accelerates mainstream acceptance. Opinion by: Richard Johnson, chief operating officer of Data Guardians Network In the ongoing drive to increase Web3 adoption, many Web3 enthusiasts and organizations continue to call for industries to move away from Web2 processes. Whether…
Coinbase CEO Brian Armstrong has outlined plans to build a crypto super app, offering credit cards, payments and Bitcoin rewards to rival traditional banks. Coinbase CEO Brian Armstrong has said his company’s most ambitious vision is to replace traditional banks by turning Coinbase into a full-service crypto “super app.” Speaking during a recent interview with…
BitGo files to go public with $90.3 billion in assets under custody, targeting NYSE listing as institutional crypto adoption accelerates under new US policies. Crypto custody firm BitGo has filed for a US initial public offering (IPO), aiming to capitalize on the renewed institutional demand for digital asset infrastructure under the Trump administration. The firm…
The distribution marks the third payout to creditors of the former exchange as it continues dispensing up to $16.5 billion in funds. The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion. According to a Friday announcement,…
PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche and several other blockchains via LayerZero and its Stargate Hydra bridge. Payments giant PayPal is expanding its PayPal USD stablecoin across eight new blockchains, seven of which are through an integration with LayerZero’s Stargate Hydra bridge. The integration will create…
An early BNB investor turned $1,000 into $1 million as the token hit the $1,000 price level for the first time, highlighting long-term holding strategies in crypto markets. A long-term cryptocurrency investor has turned $1,000 into $1 million, underscoring the payoff of patient holding strategies in digital assets. The “diamond hand” cryptocurrency holder turned their…