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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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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Jack Ma’s Ant International eyes stablecoin licenses in Singapore, Hong Kong

Jack Ma’s Ant International eyes stablecoin licenses in Singapore, Hong Kong

Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported. Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack…

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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, US stablecoin legislation moves closer to a Senate vote. Meanwhile, Ukraine eyes adding cryptocurrencies to its national reserves, and a proposed Bitcoin software update…

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