A publicly traded company on the Toronto Stock Exchange (TSX), Goodfood Market Corp., has announced plans to adopt a bitcoin treasury strategy. The initiative aims to “strengthen its balance sheet and create long term shareholder value.” Canada’s Leading Online Grocer Goodfood Adds Bitcoin to Its Plate in Bold Treasury Strategy The Montreal-based Canadian online grocery …
Monthly archives: January 2025
Thailand SEC Explores Bitcoin ETF Listing
The local listing of bitcoin ETFs is being weighed by the Thailand SEC which would make them accessible to both individuals and institutions. Thailand Looking to Adopt Bitcoin ETFs The listing of bitcoin exchange-traded funds (ETFs) is being contemplated by Thailand’s Securities and Exchange Commission (SEC). The Secretary-General of the regulatory body, Pornanong Budsaratragoon, confirmed …
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Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans
This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized the agency’s track …
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‘Next Stop, $1 Trillion’: Uniswap Celebrates $500B in L2 Volume
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly evolved, expanding …
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Kraken’s Top Lawyer Marco Santori Steps Down, Calls Regulators ‘Lovely People’
Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on …
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Senator Lummis claims FDIC destroyed Operation Chokepoint 2.0 docs
“You must ensure your staff cease and desist destruction of all materials and end retaliatory actions immediately,” Lummis wrote.
Stablecoin for cyber-scammers launches, Sony L2 drama: Asia Express
Marketplace for cyber-scammers launches its own stablecoin, Sony L2 collides with reality, Lazarus stole $650M crypto in 2024. Asia Express.
Trump Family’s World Liberty Financial (WLFI) Transfers $59,800,000 in Ethereum to Coinbase Prime: On-Chain Data
The Donald Trump-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has moved nearly $60 million worth of Ethereum (ETH). The crypto tracker Lookonchain notes World Liberty deposited 18,536 ETH worth $59.8 million into Coinbase Prime on Tuesday. The DeFi project noted on Tuesday that it was executing “routine movements” of its crypto holding as …
Crypto Trader Says Under-the-Radar Altcoin on Cusp of New Leg Upwards, Updates Outlook on Bitcoin and Ethereum
A widely followed crypto analyst says one under-the-radar altcoin is about to break out while updating his outlook on the top two digital assets by market cap. In a new strategy session, crypto trader Michaël van de Poppe tells his 763,900 followers on the social media platform X that Clearpool Protocol (CPOOL), a decentralized marketplace …
Russian Sentenced to Seven Years in Prison for Sending Crypto Assets to Ukrainian Military: Report
An employee of a diamond mining company in Russia was reportedly sentenced to seven years in prison for providing financial assistance to the military forces of Ukraine. According to local media outlet Izvestia, a man from the Mirninsky district of Yakutia is now detained in a maximum security prison after using cryptocurrency to repeatedly transfer …
Ethereum-Rival Sonic (S) Receives Small Boost Following Binance Listing
An Ethereum (ETH)-competitor is printing gains after receiving support from the world’s largest crypto exchange by volume. In a new announcement, Binance says it will be adding support for Sonic (S), formerly known as Fantom (FTM), to many of its programs. “Binance is excited to announce that Sonic will be added to Binance Simple Earn, …
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Meta Should Buy Bitcoin for Treasury, Single Shareholder Says
Meta, the parent company of Facebook, should consider investing in Bitcoin, according to a recent shareholder proposal. The proposal calls Bitcoin “the most inflation-resistant store of value available” and highlights Bitcoin’s strong one- and five-year performance. Cash, cash equivalents, and marketable securities like bonds account for $72 billion of Meta’s $256 billion assets. That $72 …
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$1,066,740,000,000 Bank Snaps Up 11 Bitcoin in ‘Test’ Trade Ahead of Potential Client Requests for BTC: Report
Italy’s biggest bank has reportedly made its first proprietary Bitcoin (BTC) trade, as analysts expect the value of the flagship crypto asset to increase by more than double this year. Reuters reports that an internal memo it has seen shows that Intesa Sanpaolo bought 11 BTC worth over $1 million on Monday. CEO Carlo Messina …
CoinW’s Crypto Industry Insights and Market Trends for 2024
Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the United States. It was …
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VanEck eyes new crypto ETF for onchain economy infrastructure
Leading asset management firm VanEck has submitted an application for an Onchain Economy Exchange-Traded Fund (ETF), according to a Jan. 15 filing with the US Securities and Exchange Commission (SEC). This proposed fund aims to provide exposure to the broader crypto ecosystem by investing in companies and instruments connected to digital assets. The fund outlines a strategy that …
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