Florida Considers Bitcoin for State Pension Funds
Florida’s Chief Financial Officer, Jimmy Patronis, has taken a bold step toward integrating Bitcoin into the state’s pension fund investments. In a letter to the State Board of Administration (SBA) on Tuesday, Patronis requested a feasibility report on the potential benefits of investing a portion of the state’s retirement funds in cryptocurrency, specifically Bitcoin. This […]
Trump’s Crypto Venture Eyes Stablecoin Market
Donald Trump’s crypto project, World Liberty Financial, has taken a bold step by planning the development of a stablecoin, according to sources close to the venture. The project, which recently raised $14 million through an initial token sale, seeks to capitalize on the stablecoin market—a crucial element of the crypto ecosystem—by creating a financial product […]
Vitalik Buterin Defends Ethereum Holdings
Ethereum co-founder Vitalik Buterin recently took to Twitter to respond to speculation about ETH sales by himself and the Ethereum Foundation. In a Saturday thread, Buterin addressed questions surrounding the Foundation’s transfer of funds to centralized exchange Kraken and clarified the motives behind these transactions, which he said were misunderstood as “dumping” ETH onto the […]
MemeFi Shifts to Sui for Token Launch
In a bold move just weeks before its anticipated token launch, MemeFi—a Telegram-based combat game—has announced its shift from Ethereum’s Linea to the Sui network. This unexpected switch marks a strategic alignment with Mysten Labs, Sui’s development team, promising not only a faster blockchain experience but also a new integration between the Sui network and […]
Bitcoin Dev Peter Todd Denies Satoshi Claims
Longtime Bitcoin Core developer Peter Todd has found himself in the spotlight this month after being accused of being Satoshi Nakamoto in a new HBO documentary, “Money Electric: The Bitcoin Mystery.” Despite vehemently denying the claims both on- and off-camera. Todd said on Friday that the rumors have forced him to adopt new security measures. […]
X Empire’s X Token Launch Falls Short, Players Disappointed
The highly anticipated X token from Elon Musk-themed Telegram game X Empire launched on The Open Network (TON) on Thursday, marking one of the year’s major Telegram-based token drops. However, with a launch price far below pre-market expectations and continuing volatility, many players have expressed disappointment in their airdrop rewards. X Token Price Dips Below […]
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 […]
Tesla Moves All Its Bitcoin in Major Wallet Rotation
Tesla, the electric car company led by Elon Musk, recently moved all of its Bitcoin (BTC) holdings in a series of significant transactions. But blockchain intelligence firm Arkham Intelligence reports that the coins were likely shifted to new wallets controlled by the company. Tesla, one of the largest publicly-traded companies to invest in Bitcoin, had […]