Blockchain governance startup Agora is about to acquire its rival Boardroom. The company sees the acquisition as a strategic move to strengthen governance within the broader Ethereum ecosystem, citing US President Donald Trump's promise of regulatory clarity for the blockchain industry and the expectation that decentralized governance will grow again. Boardroom was established earlier than Agora and has similar goals to Agora, but adopts a more horizontal blockchain governance approach. Boardroo...
Japanese listed company Remixpoint disclosed that on January 21, 2025, the company again spent 500 million yen (about $3.19 million) to buy about 31.27 BTC, with an average purchase price of 15.99 million yen (about $102,175). As of now, the company holds a total of about 447.43 BTC.
According to a tweet from World Liberty Financial (WLFI), the company has recently made routine adjustments to cryptoassets for financial management, payment of fees, and meeting Working Funds needs. WLFI made it clear that this adjustment is not a token sale, but a routine operation of asset reallocation to maintain the security and efficiency of the treasury, which is a normal business management process.
According to an announcement released by Metaplanet, the company launched a new media platform Bitcoin Magazine Japan, which aims to guide 1 million Japanese to understand and participate in the Bitcoin ecosystem through high-quality content and community activities. Focusing on the three missions of education, inspiration and action, the platform helps Japan play a key role in the Bitcoin revolution through professional analysis, practical guides and global community connections. Officials have...
Moderna (MRNA. O) opened down nearly 20 percent on the news that the company expects 2025 revenue of $1.50 billion - $2.50 billion, after previously expecting $2.50 billion - $3.50 billion.
Johann Kerbrat, managing director of Robinhood Crypto, revealed that the company is working with Paxos to create an open network for stablecoins, emphasizing that stablecoins can bring significant value to their platform. Several companies are currently exploring the stablecoin market, such as Visa's launch of a tokenized asset platform that allows banks to issue stablecoins. Revolut, a fintech company, is also exploring the possibility of launching stablecoins. Stripe has acquired Bridge, a fin...
On January 3rd, according to the announcement of Cango Inc., the company produced 569.9 bitcoins in December 2024, an increase of 56% from 363.9 in November. Bitcoin holdings increased to 933.8 at the end of the month, and no bitcoins were sold during the period. The company's average computing power reached 30.4 EH/s, an increase of 2% month-on-month.
As the end of the year approaches, the company is unlikely to replenish inventory in large quantities. However, some traders are replenishing inventory and expect prices to...
Toyota Motor Co. (TM. N) will donate $1 million to U.S. President-elect Donald Trump's Jan. 20 inauguration, a spokesperson said Tuesday. A day earlier, Detroit-based Ford Motor Co. (F. N) and General Motors Co. (GM. N) also said they would donate the same amount. Ford and GM will also provide vehicles for the inauguration, but Japan-based Toyota said they do not plan to do so. Trump's proposed tariffs on imports from Mexico and Canada would affect many car manufacturers in North America...
Musk's xAI said that A16Z and BlackRock Group participated in the company's $6 billion financing.
On December 12, Xu Jiye, the head of public relations of Jiyue Automobile, responded to the company's financing difficulties, saying that the company needs to find funds to survive due to lack of money. Xu Jiye stressed that he joined Jiyue because he was optimistic about the product, and even bought one without receiving a salary, and recommended it to relatives and friends. He angrily refuted the company's difficulties questioning the quality of the product, saying that he will continue to pro...
Recently, due to NVIDIA's suspected violation of the Antimonopoly Act of the People's Republic of China and the Announcement of the State Administration for Market Regulation on the Anti-Monopoly Review Decision on Approving NVIDIA's Acquisition of the Equity of Melos Technology Co., Ltd. (Announcement [2020] No. 16 of the State Administration for Market Regulation), the State Administration for Market Regulation has launched a case investigation against NVIDIA according to law. (City said Xinyu...
As Nvidia strengthens its presence in South East Asia, the company's founder and CEO Huang Renxun has agreed to open an artificial intelligence research and development center in Vietnam. The project, along with the Viettel Group data center with Nvidia technology, will help develop advanced artificial intelligence in the country, Vietnam's Minister of Planning and Investment Nguyen Chi Dung said at a signing ceremony in Hanoi on Thursday. Nvidia will also acquire VinBrain, the artificial intell...
OpenAI announced that the company will begin a continuous cycle of releasing new features. The company tweeted: "12 days, 12 live broadcasts, a bunch of new things big and small, OpenAI's 12-day event period starts tomorrow." CEO Sam Altman further explained that starting at 10am Pacific time on Thursday (2am Beijing time on Friday), there will be a live broadcast every weekday to showcase a new product or sample, including some large new products and some "small gifts". (Jin Ten)
Anchorage Digital CEO Nathan McCauley said that in January 2023, the company's partner banks said they would no longer work with them because they were "in the cryptocurrency business." Anchorage itself is understood to be a federally chartered bank and was reviewed by the OCC, but was disqualified from participating in banking for its involvement in cryptocurrencies.