The ruling adds to Bithumb’s effort to recover funds after a February error gave hundreds of accounts vastly overstated Bitcoin balances. A bizarre error that mistakenly credited Bithumb customers with roughly 620,000 BTC is now producing victories for the South Korean exchange in court. The Seoul Central District Court has ordered one customer to…
Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an…
In Bitcoin news today, a group of cryptography researchers has published a draft specification for SHRINCS, a post-quantum signature scheme for Bitcoin transaction authorization. The draft, authored by conduition, Ethan Heilman, Mikhail Kudinov, Oleksandr Kurbatov, Jonas Nick, and a contributor known as remix7531, describes a hash-based design that combines a compact stateful signing path with…
Trading volume surged nearly 95,000% in 24 hours as traders rushed back into the dormant token, pushing its price up by over 1,600%. Machi Big Brother proposed a $1 million buyout of Friends.Tech on August 27, offering to acquire the stalled project from Racer and Paradigm and relaunch its FRIEND token. The proposal sent…
Mirae Asset has set a 150 trillion won or about $109 billion target for a digital asset business spanning cryptocurrency, stablecoins, real-world assets and tokenized securities. Summary Digital X will serve as a central part of Mirae Asset’s next growth strategy. Mirae Asset acquired 97.15% of the former Korbit exchange for 141.4 billion won. The…
In MicroStrategy Bitcoin news, MSCI is considering rules that could remove Strategy Inc. from its global equity indexes, potentially adding strain to the financing model behind the company’s Bitcoin holdings. The proposal is not specific to Bitcoin: it focuses on whether companies are primarily engaged in accumulating assets rather than operating businesses, according to Bloomberg….
“Looking good as long as that $98 level is being held,” one popular X user claimed. Solana’s native token has posted an 8% increase over the past 24 hours, prompting analysts to make highly bullish bets for the near future. At the same time, some remain cautious, projecting potential double-digit declines, while certain factors…
Mantle has accumulated about $880 million in stablecoins and tokenized assets as its onchain product range has expanded across equities, Treasuries, funds and yield-bearing assets. Summary Mantle holds about $550 million in stablecoins and $330 million in tokenized assets. USDT0 accounts for approximately $440 million, or nearly 80% of the network’s stablecoin supply. The network…
In Bitcoin ETF news, Ethereum Staking products are drawing significant attention away from BTC, having become an important feature in crypto exchange-traded products that allow investors to seek blockchain rewards through a brokerage account rather than managing the process directly. 21Shares describes staking as locking up an amount of an asset to verify transactions on…
Ethereum’s sharp breakout has significantly improved its market structure, with strong momentum carrying the price toward the $2.5K region. While bullish continuation remains possible, the increasingly extended move leaves ETH vulnerable to a temporary pullback or sideways consolidation if supply begins to increase. Ethereum Price Analysis: The Daily Chart On the daily timeframe, Ethereum has…
