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GLHF raised $2.3M led by 1confirmation to scale Gigaverse, its AI-driven crypto RPG. With 75K paying players, $4.5M revenue, and $9M in P2P trading, the game is expanding into an open-world adventure.
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Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services. The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail and institutional investors. Chorus One provides staking services for decentralized networks and currently has…
The US Internal Revenue Service (IRS) is again under legal pressure in relation to taxation of cryptocurrency staking rewards. On October 10, 2024, Josh Jarrett filed a new lawsuit with support of Coin Center and against the agency’s approach of taxing block rewards as income at the time of receipt. US IRS Faces New Lawsuit…
Key Takeaways World Liberty Financial purchased $2 million each of AVAX and MNT tokens while experiencing total portfolio losses of $118 million. World Liberty Financial’s portfolio includes 11 digital assets with Ethereum accounting for 58% and $88 million in losses. Share this article World Liberty Financial (WLFI), the DeFi project backed by the Trump family,…
Dubai, UAE, February 27th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today revealed the comprehensive results of its 2025 Security Initiative. Bybit has implemented an industry-leading, multi-layered defense architecture that has successfully protected thousands of users and set a new benchmark for proactive security in the digital asset space. In 2025,…
South Korea’s push to grow crypto services hit a hard pause last year, as regulators moved slowly and approvals dried up. Trading and custody firms found themselves waiting longer. Investors and startups are watching closely. South Korea: Approvals Drop Sharply Based on reports, the Financial Intelligence Unit approved only two new Virtual Asset Service Providers…
Join Our Telegram channel to stay up to date on breaking news coverage Billionaire hedge fund manager Ray Dalio says he is skeptical as to whether central banks will consider holding Bitcoin (BTC) as a reserve currency, citing privacy concerns. That’s as the largest crypto by market cap nears its all-time high (ATH) of $124,457.12…