Mantle spent $10 million buying 200 million WLFI six hours ago.
Nasdaq-listed bitcoin miner BitFuFu announced that it has signed a definitive agreement to acquire the Oklahoma bitcoin mine, which operates 51MW and trades at $400,000/MW, funded by cash and common stock on BitFuFu's balance sheet. It is reported that with the deployment of the AntMiner S21 series of mining machines, the average cash cost of mining one bitcoin at the site will be as low as $18,000 (excluding depreciation).
Nasdaq-listed Nano Labs announced that it has entered into a share purchase agreement with certain investors to sell 913,714 shares of the company's Class A common stock in a private placement. The purchase price of each Class A common stock is $6.46, and the total purchase price of the private placement is approximately $5.90 million. In addition, Nano Labs also stated that it has recently increased its holdings of Bitcoin. As of February 21, 2025, it holds a total of approximately 400 Bitcoin,...
President Trump said, I have signed an executive order to put the United States at the forefront of artificial intelligence and end the Biden administration's war on bitcoin and cryptocurrencies, marking the dawn of a new era of digital assets.
US President Donald Trump signed an executive order on February 18 local time in an attempt to strengthen the constraints on a group of independent federal regulators such as the Securities Exchange Commission (SEC), the Federal Trade Commission and the Federal Communications Commission. The executive order requires these agencies to submit draft regulations to the White House for review and to consult with the Trump administration on their priorities and strategic plans. Independent federal age...
According to official news, Tether today announced the signing of a Memorandum of Understanding (MoU) with the Republic of Guinea. This strategic collaboration aims to explore the possibilities of blockchain and peer-to-peer technology to drive economic growth and position the country as a leader in digital transformation in Africa. It is reported that Tether aims to support Guinea's "Innovation City" project, which aims to consolidate the country's leading position in the digital economy by cre...
While the content of the executive order signed by Trump on creating a national digital asset reserve is somewhat vague, Martins Benkitis, co-founder and CEO of market maker Gravity Team, has a clear opinion on what the key assets in the reserve should be. According to Benkitis, any digital asset reserve "should be based on Bitcoin." This applies to any country considering creating a digital asset reserve, he said.
Danielle Sassoon, the acting attorney for the Southern District of New York, resigned abruptly in connection with a Justice Department request that she suspend a corruption investigation into Mayor Eric Adams. It was not immediately clear who would replace Sassoon in the acting role. Sassoon was the lead prosecutor in the case of FTX founder Sam Bankman-Fried (SBF) and has also been in charge of several lawsuits involving the crypto industry. According to sources, acting U.S. Deputy Attorney Gen...
On February 11, local time on February 10, US President Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported into the United States. Trump also said on the same day that there are "no exceptions and exemptions" to the relevant requirements.
On February 6, according to Bitcoin Magazine, the Czech president officially signed a bill that exempts bitcoin from capital gains tax for more than three years.
On February 5th, President Xi Jinping of the Central Military Commission recently signed an order to issue the newly revised "Regulations on Scientific Research of Military Equipment", which will come into force on March 1, 2025. The "Regulations" consist of 8 chapters and 49 articles, which adapt to the requirements of innovating and building a modern management system for weapons and equipment in the new era, clearly establish a new concept of high quality, high efficiency, low cost and sustai...
Landon Zinda has resigned from his position as policy director at the cryptocurrency advocacy group Coin Center to join the cryptocurrency task force of the Securities Exchange Commission (SEC). In a notice dated February 4, acting SEC Chairperson Mark Uyeda said that Zinda has joined the committee as his legal counsel and as a senior advisor to the cryptocurrency working group. The former Coin Center director will join the working group, led by Commissioner Hester Peirce, with chief aide Richar...
US President Donald Trump has signed an executive order to establish a sovereign wealth fund, and Flexa CEO Danny McCabe said: "Given the clear US support for digital assets, it is likely that the sovereign wealth fund will include bitcoin and possibly even other'Made in the USA 'digital assets with real economic utility, such as Ethereum. The inclusion of these digital assets will not only provide greater stability to the US economy, but will be a major leap in making the US a leader in digital...
SOL Global, a Canadian investment fund, announced that it has signed a binding letter of intent to sell SOL Global's unsecured convertible bonds with a principal amount of 10 million Canadian dollars. The bonds will be funded in the form of upfront payments of $2 million at closing and four additional upfront payments of $2 million every 60 days after closing. The letter of intent is a binding commitment to the buyer and the transaction is expected to be completed on or before January 30, 2025.
Former US President Donald Trump signed an executive order aimed at addressing the banking challenges of Web3 Inc., which established the Digital Asset Market Working Group. But it is worth noting that the Federal Reserve (SEC) and the Federal Deposit Insurance Corporation (FDIC) were excluded from the working group. In addition, the working group will be tasked with finding ways to promote US leadership in the cryptocurrency industry and "evaluating the possibility of establishing a national st...