Ripple shareholder Linqto files for Chapter 11 bankruptcy

Ripple shareholder Linqto files for Chapter 11 bankruptcy

Ripple shareholder Linqto has filed for bankruptcy following months of controversy around securities laws violations, with the first hearing expected on Tuesday. Linqto, a private investment platform that allows investors to buy shares in pre-initial public offering companies, has filed for Chapter 11 bankruptcy. The company also holds 4.7 million Ripple shares bought on the…

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South Korean bank stocks surge on stablecoin trademark filings

South Korean bank stocks surge on stablecoin trademark filings

Shares of Kakao Bank, Kookmin Bank and the Industrial Bank of Korea rose by 10% to 19% following stablecoin trademark applications. Shares of major South Korean banks surged following trademark filings for stablecoins, signaling growing institutional interest in digital assets.  According to Google Finance data, at least three South Korean banks that recently applied for…

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Gate.io deletes page showing a 0M Pump.fun token sale

Gate.io deletes page showing a $600M Pump.fun token sale

Crypto exchange Gate.io removed the webpage showing an upcoming Pump.fun token sale on Saturday, while its support account on X gave a confusing explanation. Cryptocurrency exchange Gate.io has quietly removed a page showing an upcoming token sale for the Pump.fun Solana-based memecoin platform. On Tuesday, users of X noticed a “leaked” webpage showing details of…

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Europe’s Blockchain Group, UK’s Smarter Web Co. add to Bitcoin stashes

Europe’s Blockchain Group, UK’s Smarter Web Co. add to Bitcoin stashes

French company The Blockchain Group and the UK-based Smarter Web Company each boosted their corporate Bitcoin treasuries on Monday with multimillion-dollar BTC purchases. Two European companies — France’s The Blockchain Group and the United Kingdom’s Smarter Web Company — have expanded their Bitcoin holdings. In a Monday announcement, The Blockchain Group said it acquired 116…

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