Messari CEO Resigns Amid Significant Layoffs and Strategic Shift Towards AI Initiatives
Several other crypto companies have recently conducted layoffs, including OP Labs, Block Inc., and Gemini exchange.
Bitcoin Surge Approaches $75,000 Amid Dramatic Short Squeeze
The crypto market saw $609 million in liquidations in the past 24 hours, including $485 million in short positions, Coinglass data showed.
Hana Financial and Standard Chartered Join Forces to Transform Digital Assets Landscape in South Korea
Hana Financial Group will collaborate with Standard Chartered on digital assets following its stablecoin partnership with USDC issuer Circle earlier in March.
Investment Strategy Acquires $1.6 Billion in Bitcoin, Boosting Holdings to Over 761,000 BTC
Strategy bought 22,337 Bitcoin for $1.57 billion last week, lifting total holdings to 761,068 BTC as it funds purchases through record sales of its STRC preferred stock.
Transforming Cryptocurrency: Embracing Professionalism for a Bright Future
Crypto’s innovation dazzles but fragments liquidity. Institutions demand boring reliability over novel protocols to move real capital at scale.
Metaplanet Secures $255 Million Funding and Introduces Warrant Structure for Bitcoin Acquisitions
Metaplanet raised $255 million and launched new warrants to fund more Bitcoin purchases as it pushes toward a 210,000 BTC treasury target.
South Korea Imposes $24 Million Fine on Bithumb and Enforces Six-Month Partial Business Suspension
Regulators found 6.65 million AML violations at Bithumb, including 45,772 crypto transfers involving 18 unregistered overseas VASPs.
ShapeShift Co-Founder Erik Voorhees Makes Bold Move with $56 Million Ethereum Purchase, Say Onchain Analysts
ShapeShift founder Erik Voorhees reportedly bought over $56 million worth of ETH after selling his ETH holdings a year earlier.
Australian Senate Committee Endorses Crypto Legislation Mandating Licensing for Digital Currency Platforms
Under the legislation, crypto platforms and tokenized custody platforms would be treated similarly to other financial service providers.
Michael Saylor Expands Bitcoin Holdings by Acquiring 22,337 Bitcoins for $1.6 Billion Amid STRC's Increased Acquisition Strategy
Strategy's holdings now account for more than 3.5% of the total 21 million bitcoin supply — worth around $56 billion.
Tom Lee's BitMine Expands Ethereum Treasury to Nearly 4.6 Million ETH Amid Significant Cryptocurrency Gains During Iran Conflict
BitMine Chairman Tom Lee pointed to crypto's outperformance during tension in the Middle East as the firm accelerated Ethereum purchases.
Daily Update: BlockFills Declares Chapter 11 Bankruptcy, Investigation Uncovers $5 Million Allegation of Milei-Libra Promotion Deal, and More News
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.