KULR Technology launches Bitcoin treasury with $21M purchase

The new regulations would only allow for advertisements on native websites and mobile apps for DPT companies. 839 Total views 61 Total shares The Monetary Authority of Singapore (MAS) issued a new set of guidelines for digital payment token (DPT) providers, barring them from marketing their services in public areas.The guidelines, which were issued on Jan.…

The company announced its acquisition of WePlay Media after it recently closed multiple multi-million dollar fund rounds with investors such as Temasek. 444 Total views 11 Total shares One of Web3’s leading digital property rights developers, Animoca Brands, announced yet another major acquisition to its increasing portfolio of gaming subsidiaries.The company announced the purchase of…

The latest transactions by the German government follow MP outcries to stop the sell-off and protect the country from the risks of the traditional financial system.

Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests.Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals.Major exchanges see record BTC withdrawalsWith FTX contagion still in the air, exchange users have been busy withdrawing funds to…

Ripple’s developer ecosystem project Xpring and Bain Capital Ventures have invested in early-stage blockchain venture capital (VC) firm Robot Ventures, head of the fund Robert Leshner wrote in a blog post on April 10.Leshner, who also founded Ethereum-based financial open-source protocol Compound, has already completed two investments within its new venture capital initiative.Targeting fintech and…

Bitcoin has broken record levels against at least nine world currencies as its USD price marches toward $20,000. 219 Total views 2 Total shares Bitcoin (BTC) is just a few thousand dollars from its all-time high near $20,000 USD. While much of the crypto industry watches Bitcoin’s price action in U.S. dollar terms, however, BTC…

Bitcoin’s $15,000 price pullback over the last few days has caused the percentage of wallets underwater to exceed 23%. 7944 Total views 17 Total shares Bitcoin (BTC) is down almost 30% in the last seven days and this dip has triggered an almost commensurate plunge in the percentage of wallets in profit.Data from crypto data…

Crypto exchange giant Binance has made its first strategic Chinese investment after leaving China amid the local crypto trading ban back in 2017.Founded in China in 2017, Binance has participated in a $200 million funding round of Beijing-based Mars Finance, a local crypto and blockchain publication, Bloomberg reported on Sept. 17.Binance invests in crypto mediaAccording…

Crypto users have continued to send funds to the apparent honeypot scam, even with many warnings they won’t be able to transfer any of it.