Japan’s Metaplanet Adopts “BTC Yield” Metric

Japanese investment firm Metaplanet has taken a page from Michael Saylor’s MicroStrategy playbook, introducing a “BTC Yield” metric to gauge how Bitcoin acquisitions affect shareholder returns. Often referred to as “Asia’s answer to MicroStrategy,” the Tokyo-based firm disclosed on Thursday that it will begin using this metric to evaluate its growing Bitcoin portfolio’s impact on […]
Kraken Launches Ink, an Ethereum Layer-2 Built on Optimism

Kraken, a leading cryptocurrency exchange, has announced the launch of Ink, an Ethereum-based layer-2 blockchain powered by Optimism’s OP Stack. Ink is designed to offer a suite of on-chain wealth management tools for both experienced traders and newcomers to the crypto space, according to a joint statement released by Kraken and the Optimism Collective on […]
Ripple CEO Praises Kamala Harris’ Crypto Stance

Ripple CEO Brad Garlinghouse expressed his most favorable comments to date regarding Democratic presidential candidate Kamala Harris during his appearance at D.C. Fintech Week on Wednesday. Although Garlinghouse reiterated Ripple’s neutral stance in the 2024 U.S. presidential election, his remarks highlighted the sophistication of Harris’ approach to digital assets, contrasting it with Donald Trump’s more […]
Blockchain.com Faces Legal Action Over Missing Financial Filings

Blockchain.com, a pioneering crypto firm, is facing legal action for failing to file its financial accounts since 2020, with the last set of accounts only submitted this month. The case was heard on September 25 in the Cardiff Magistrates Court, and the company is due to appear for a further hearing on November 25. The […]
Nigerian Court Drops Charges, Frees Binance Executive

A Nigerian court has dropped charges and authorized the release of Tigran Gambaryan. A Binance executive who had been detained in the country since February. Gambaryan, the former head of financial crime compliance at Binance and an ex-IRS agent, was held for over eight months after traveling to Nigeria to negotiate the ban of several […]
Fed’s Kashkari Criticizes Crypto as Tool for Criminals

Minneapolis Federal Reserve President Neel Kashkari continued his harsh critique of cryptocurrencies on Monday, dismissing them as primarily used for drug deals and illegal activities. Speaking at a town hall event in Wisconsin, Kashkari claimed that “very few transactions are actually happening” in the crypto world, reinforcing his long-standing skepticism of digital assets. Kashkari, who […]
Pump.Fun Unveils Advanced Terminal, Teases Token Launch

Solana-based memecoin exchange Pump.Fun has revealed plans for a new advanced trading terminal and teased an upcoming token launch, marking a significant development for the growing platform. In an X space today, the team behind Pump.Fun shared details about its new “pump advanced” trading terminal, which includes a suite of features aimed at enhancing the […]
X Empire Faces Player Backlash Over Airdrop Exclusions

The highly anticipated X token launch for X Empire, a Telegram-based tap-to-earn game, has sparked frustration among players after the reveal of the airdrop allocations left many ineligible for rewards. The game, which runs on The Open Network (TON), will begin allowing players to trade their X tokens on October 24. But controversy erupted when […]