Korean biotech firm bought by Parataxis for Bitcoin treasury use

Korean biotech firm bought by Parataxis for Bitcoin treasury use

Parataxis will launch a Bitcoin-native treasury platform in South Korea via Bridge Bio, aiming to expand institutional access to BTC despite regulatory barriers. Parataxis Holdings, an affiliate of digital asset-focused investment firm Parataxis Capital Management, is set to launch a Bitcoin-native treasury platform in the South Korean public market. The firm announced on June 20…

Read More
XRP onchain data shows why  is out of reach for now

XRP onchain data shows why $3 is out of reach for now

XRP price struggles due to declining open interest and weakening network activity, as a classic chart pattern points to a further downside for the altcoin. Key takeaways: Declining daily active and new addresses signal reduced network activity, less demand for XRP. XRP open interest is down 30% in a month. Read more If you liked…

Read More
Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Elon Musk’s X platform is eyeing a 2025 launch for its financial services arm. In South Korea, the top financial regulator will probe fees…

Read More
Mega breach of 16B passwords raises crypto security fears

Mega breach of 16B passwords raises crypto security fears

A leak of 16 billion passwords from services including Apple, Google and Facebook poses serious risks for crypto holders. A massive trove of more than 16 billion login credentials from leading online service providers, including Apple, Google and Facebook, was leaked, with potential consequences for crypto holders. According to a June 19 report, the Cybernews…

Read More
Bitget secures Georgia license as part of Europe expansion

Bitget secures Georgia license as part of Europe expansion

Bitget picks Georgia for its next step in Eastern Europe, attracted by clear regulations, tax benefits, and a growing crypto user base. Bitget has obtained regulatory approval in Georgia to operate as a digital asset exchange and custodial wallet provider within the Tbilisi Free Zone (TFZ). This move expands Bitget’s licensing presence in Eastern Europe,…

Read More
Iran orders crypto exchange curfew after 0M Nobitex hack

Iran orders crypto exchange curfew after $100M Nobitex hack

Chainalysis’s head of national security intelligence told Cointelegraph the curfew is likely an attempt to prevent people from transferring capital out of the country. The central bank of Iran has reportedly imposed strict operating hours on its domestic crypto exchanges following a $100 million exploit on Nobitex by a pro-Israel hacker group. In a blog…

Read More