Base Claims Number 3 Spot in 30-Day NFT Volume as Activity Surges
Base, Coinbase’s Ethereum Layer-2 network, has climbed into the third-highest position for 30-day NFT trading volume , powered by a surge in user activity. The network recorded close to $47 million in NFT trades over the past month, surpassing competitors like Solana and Immutable zkEVM to secure its place among the top three markets. The […]
UAE Said to Hold $700 Million Worth of Mined Bitcoin
The United Arab Emirates (UAE) has quietly positioned itself among the world’s largest sovereign holders of Bitcoin, with reports indicating that the country controls roughly $700 million worth of the cryptocurrency. Unlike other governments that built their reserves through seizures of illicit assets, the UAE’s Bitcoin stockpile has been acquired through state-backed mining operations. The […]
Crypto Trader Claims MEXC Demanded an In-Person Visit to Malaysia to Unfreeze $3.1M
A high-profile crypto trader, who goes by the alias White Whale, has accused global exchange MEXC of making an unusual and controversial demand: fly to Malaysia in person to retrieve $3.1 million in frozen funds. The trader revealed that, despite already completing extensive digital Know Your Customer (KYC) verification steps such as biometric checks, phone […]
ETF Issuers Must Be Selective as Most Crypto Remains Sketchy, Says REX CEO
The debate over cryptocurrency exchange-traded funds (ETFs) intensifies as more issuers seek approval to expand beyond Bitcoin and Ethereum. However, according to REX Financial CEO Greg King, issuers must exercise extreme caution when selecting assets for these products, warning that most cryptocurrencies outside the top tier are pretty sketchy. King argued that the crypto market […]
Sequans to Raise $200M for Bitcoin Treasury Expansion
Paris-based semiconductor company Sequans Communications S.A. is making headlines again with an ambitious plan to strengthen its Bitcoin holdings. The Internet of Things (IoT) chipmaker announced that it will raise up to $200 million through an at-the-market equity program, with the funds directed primarily toward purchasing more Bitcoin. The company’s filing allows it to issue […]