SharpLink buys 3M in ETH, becomes largest public ETH holder

SharpLink buys $463M in ETH, becomes largest public ETH holder

While SharpLink has become the largest publicly traded holder of Ether globally, some entities, including the Ethereum Foundation and BlackRock, are still holding more ETH. Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH. In a Friday announcement, the Nasdaq-listed company said the…

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Shopify launches early access to USDC stablecoin payments on Base

Shopify launches early access to USDC stablecoin payments on Base

Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments. Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase. Shopify plans to fully roll out USDC (USDC) payments on Coinbase’s Ethereum…

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Tencent explores purchase of Nexon gaming company

Tencent explores purchase of Nexon gaming company

Talks of a potential acquisition follow renewed interest in Nexon’s massively multiplayer online role-playing game series MapleStory. Tencent, a Chinese technology and holding company with a global footprint, is reportedly exploring the possibility of acquiring game developer and publisher Nexon. Representatives from the tech company contacted the family of Nexon founder Kim Jung-ju to explore…

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Ex-Kamala Harris campaign adviser joins Coinbase advisory council

Ex-Kamala Harris campaign adviser joins Coinbase advisory council

David Plouffe previously worked as an adviser for Alchemy Pay, Binance, former President Barack Obama’s and former Vice President Kamala Harris’ presidential campaigns. David Plouffe, who worked as an adviser on former US Vice President Kamala Harris’ 2024 presidential campaign, will be joining Coinbase’s Global Advisory Council. In a Thursday notice, Coinbase said Plouffe would…

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Deutsche Telekom, Alibaba Cloud, Vodafone are running nodes on Nillion

Deutsche Telekom, Alibaba Cloud, Vodafone are running nodes on Nillion

The Enterprise Cluster initiative enables decentralized use cases for privacy-sensitive operations across healthcare and finance. Several technology companies have joined Nillion’s newly launched Enterprise Cluster — an initiative aimed at extending decentralized applications beyond cryptocurrencies into privacy-focused use cases such as healthcare, financial management and enterprise data sharing. As part of the partnership, Deutsche Telekom,…

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USDT issuer Tether buys 32% stake in Canada’s gold royalty firm

USDT issuer Tether buys 32% stake in Canada’s gold royalty firm

Tether’s investment in Canada’s Elemental Altus Royalties follows the company’s strategy to “integrate long-term, stable assets such as gold and Bitcoin in its ecosystem.” Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties. Tether Investments…

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Nasdaq-listed Mercurity Fintech to raise 0M for Bitcoin treasury

Nasdaq-listed Mercurity Fintech to raise $800M for Bitcoin treasury

Mercurity’s $800 million Bitcoin treasury financing plan would make the firm the 11th-largest corporate Bitcoin holder after Galaxy Digital. Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes. Mercurity plans to raise…

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