Tag: Report

Huobi Founder Raises $1B to Buy Ether: Report

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Li Lin, the founder of cryptocurrency exchange Huobi and chair of investment company Avenir Capital, has reportedly raised about $1 billion as part of a strategy to invest in Ether. According to a Bloomberg report on Friday, Li has partnered with Fenbushi Capital co-founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu founder Cai Wensheng to launch an Ether accumulation strategy through a Nasdaq-listed shell company. The project raised $1 billion, which included $500 million from HongShan Capital Group and $200 million from Avenir. With the support of the Ether…

Metaplanet’s Bitcoin Accumulation Isn’t Paying Off, Report Says

Key Notes Metaplanet’s enterprise value dipped below Bitcoin reserves. Shares tumbled 70% since June amid waning enthusiasm for crypto-heavy firms. Experts warn of mounting risks from overexposure to volatile digital assets. Tokyo-listed Metaplanet Inc is facing mounting pressure as its ambitious Bitcoin BTC $110 692 24h volatility: 3.7% Market cap: $2.21 T Vol. 24h: $73.93 B strategy appears to have lost investor confidence. The company’s enterprise value has fallen below the worth of its Bitcoin reserves, according to a recent report by Bloomberg. The company began purchasing Bitcoin in April…

Nobel Peace Prize Bets on Polymarket Under Scrutiny: Report

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Norwegian officials have reportedly launched an investigation into prediction platforms’ bets on 2025 Nobel Peace Prize winner María Corina Machado as potential espionage. According to a Bloomberg report on Monday, the Norwegian Nobel Institute, the entity that assists the Nobel Committee in selecting the peace prize recipient, began investigating reports that bets on the prediction platform Polymarket surged in the hours before the announcement of Machado as the winner. Officials are reportedly still in the process of investigating whether someone “managed to steal information and made a lot of money…

Bitget’s Q3 Transparency Report Highlights How UEX Vision Takes Shape Across Exchange, Wallet, and Onchain Ecosystem

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This content is provided by a sponsor. Bitget, the world’s largest Universal Exchange (UEX), has released its Q3 2025 Transparency Report, highlighting a quarter defined by innovation, user growth, and stronger financial transparency. Marking its seventh anniversary, Bitget introduced UEX, a next-generation trading model that unifies spot, futures, staking, payments, and onchain access into one […] Source

Securitize Eyes $1B SPAC Deal With Cantor Fitzgerald: Report

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Securitize, the tokenization platform behind several major blockchain-based investment products, including BlackRock’s tokenized US Treasury fund, is reportedly in talks with Cantor Fitzgerald to go public via a Special Purpose Acquisition Company (SPAC). Bloomberg reported Friday, citing anonymous sources, that Securitize is in discussions to merge with Cantor Equity Partners II Inc., a blank-check firm backed by Cantor Fitzgerald. The deal could value Securitize at more than $1 billion, the report said. Securitize did not immediately respond to Cointelegraph’s request for comment. Source: Bloomberg A SPAC is a publicly traded…

Citibank Backs Stablecoin Firm BVNK: Report

Key Notes Citi invests in stablecoin payments infrastructure firm, BVNK. The deal reflects growing US bank interest in stablecoins following clearer regulations. BVNK’s valuation has surpassed $750 million from its last funding round. Citi, the third-largest bank in the United States, has made a strategic investment in BVNK, a London-based stablecoin infrastructure firm backed by Coinbase and Tiger Global. The move comes amid clearer regulations and rising demand for stablecoins among US banks. BVNK operates a payments platform that enables global transactions using stablecoins, allowing easy conversion between fiat and…

Blockchain Earnings Take A Dip — 16% Drop In Just 1 Month: Report

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tron pulled ahead of rivals in blockchain earnings last year, generating $3.6 billion, a figure that highlights how stablecoin activity can outweigh sheer market value when it comes to network income. According to Token Terminal, that tally places Tron well above larger rivals on pure revenue terms. Tron Tops Revenue Charts Tron’s lead stems largely from stablecoin settlements, with reports showing about 51% of circulating Tether USDT has been issued on the Tron network. Ethereum, by comparison,…

London Stock Exchange May Gain Stamp Duty Exemption for New Listings: Report

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The UK Treasury is reportedly considering a temporary exemption from stamp duty for shares of newly listed companies on the London Stock Exchange, as Financial Times reported. The measure is part of efforts to support the city’s public markets, which have seen lower listing activity compared with some smaller international exchanges. The proposed exemption would remove the 0.5 per cent tax on share purchases for companies that have recently floated. Sources indicate it could apply for two to three years following a company’s listing. Shares issued at the point of…

Memecoin Profits Flow to Platforms, Not Traders: Report

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Memecoins may attract new users to blockchains, but the profits largely flow to the platforms that launch and trade the tokens, according to a new report from Galaxy Research. The study released on Wednesday shows that while most traders lose money in a short-term gambling market, infrastructure providers such as launchpads, decentralized exchanges and trading bots capture millions in revenue by facilitating memecoin trading. Solana’s Pump.fun, a memecoin launchpad that debuted in early 2024, has been a major beneficiary, with tokens on the platform representing a combined $4.8 billion in…