The world of cryptocurrency is constantly evolving, and a recent development from South Korea’s leading crypto exchange, Upbit, is sending ripples across the market. Dunamu, the powerhouse operator behind Upbit, has made a significant strategic move by filing a whopping 66 trademark applications. This isn’t just about protecting brand names; it’s a clear signal of
Nasdaq-listed medical device technology firm BioSig Technologies and real-world asset tokenization company Streamex are looking to raise up to $1.1 billion in financing to launch a gold-backed treasury management strategy powered by Solana. BioSig and Streamex said in a press release on July 8 that the companies have entered into a definitive agreement that will
Volkswagen’s autonomous vehicle arm has tapped Bee Maps, a decentralized spatial intelligence service built on the Hivemapper network, to support its autonomous driving operations. The collaboration is a notable convergence between traditional automakers and blockchain-powered infrastructure providers. The announcement came via a July 8 social media post by Ariel Seidman, CEO and co-founder of Bee
Four US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury Department’s country-by-country league table. The amount in overnight Treasury-collateralized repos and Treasury-heavy money market funds would put the group between Norway’s $195.9 billion and Saudi Arabia’s $133.8 billion. Tether’s USDT tops the cohort.
The flexibility of Arbitrum’s tech stack may be gaining traction on Wall Street through Robinhood and its stock tokenization push, but the Ethereum layer-2 scaling network’s qualities should eventually make it a go-to hub for game developers, according to Offchain Labs CEO Steven Goldfeder. In an interview, Goldfeder said that companies like Xai Games and
Will Bitcoin surge past $109,000 by July 12? With just three and a half days remaining and less than a 1% move required, cryptocurrency traders are placing their bets on whether the world’s largest digital asset can overcome critical resistance levels that have capped recent rallies. Currently trading around $109,090, Bitcoin sits very, very close
In case you missed it during the holiday week, collaborative design tool Figma filed to go public via IPO. Used by 95% of Fortune 500 companies and with $871 million of revenue over the trailing twelve months (up 49% Y/Y), Figma disclosed bitcoin ETF exposure of $70 million as well as board approval to buy
In a bold move signaling growing confidence in digital assets, Japanese fashion brand ANAP Holdings has once again made headlines with its latest Bitcoin acquisition. This strategic decision by a prominent player in the fashion industry underscores a fascinating shift in corporate treasury management and investment strategies across the globe. For those keenly watching the