Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in UAE Circle Internet Group, the leading global financial technology company and issuer of the USDC ($1.00) stablecoin, has received In-Principle Approval (IPA) from the […]
Bitcoin Magazine GameStop Announces $1.3 Billion Fundraising Plan to Purchase Bitcoin GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. The move comes a day…
On November 28, the Hong Kong Monetary Authority (HKMA), Hong Kong’s central bank, introduced the Digital Bond Grant Scheme (DBGS) program to encourage the use of tokenized bonds in its financial markets. The DBGS is designed to cover up to 50% of eligible expenses for companies issuing tokenized bonds, with a maximum subsidy of about…
The Solana Foundation and its affiliates, such as Monke Foundry, distribute tens of millions in grants each year. This week, a public debate about support for builders on Solana spilled into full view, with Vibhu Norby, the Solana Foundation’s chief product officer, posting a detailed rebuttal, where they cited $650 million raised by alumni…
Press Release Hive Intelligence, a next-generation platform that empowers AI with real-time, multi-chain blockchain data via a robust API, today announced the official launch of its mainnet alongside its recent induction into NVIDIA’s Inception program for AI startups. These milestones mark a major step in Hive’s mission to make AI-driven blockchain applications faster and more…
A lack of demand growth is keeping Bitcoin’s (BTC) price down, according to the head of research at the digital asset analytics firm CryptoQuant. Julio Moreno notes on the social media platform X that BTC demand is declining and “basically all valuation metrics are in bearish territory.” Source: Julio Moreno/X Moreno notes a key price…
In an interesting development, an investor in cryptocurrency has attracted the attention of the community, who, as sundayfunday.sol, managed to convert 13 $SOL into millions of dollars. It is equivalent to about $2,275, converted into an amount of $2.26 million in just eight hours. The investor’s profit was made through investments in the cryptocurrency $1DOL,…