Japanese investment firm Metaplanet has issued another set of 0% ordinary bonds to EVO FUND, worth $13.35 million, with the aim of buying more Bitcoin. According to a recent notice, the Tokyo-based investment firm is issuing ¥2 billion to EVO…
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New York-based Burwick Law files class action lawsuit over LIBRA token launch [btcmanager]
Burwick Law has filed a class action lawsuit in New York against Kelsier Ventures, KIP Protocol, and Meteora, accusing them of running a deceptive launch in the LIBRA token scandal. According to the lawsuit filed on Mar. 18, the token’s…
Crypto exchange Gemini onboards ex-Affirm exec ahead of IPO [btcmanager]
The Winklevoss-founded crypto exchange Gemini has hired a new chief financial officer as it seeks going public by 2026. Crypto exchange Gemini has appointed Dan Chen as chief financial officer as it moves closer to a potential public listing on…
Crypto exchange Gemini onboards ex-Affirm exec ahead of IPO [btcmanager]
The Winklevoss-founded crypto exchange Gemini has hired a new chief financial officer as it seeks going public by 2026. Crypto exchange Gemini has appointed Dan Chen as chief financial officer as it moves closer to a potential public listing on…
Bubblemaps’s BMT rallies over 125% ahead of Bithumb listing today [btcmanager]
BMT rallied for the second consecutive day as it is set to be listed on the South Korean exchange Bithumb today, following its recent listing on Binance Futures. Bubblemaps (BMT) rose to an all-time high of $0.22 on Mar. 18…
Crypto.com faces backlash after last-minute vote approves minting 70 billion CRO [btcmanager]
Crypto exchange Crypto.com has come under fire after a last-minute voting surge secured approval for its controversial proposal to mint 70 billion CRO tokens. According to a report from Unchained, the proposal had struggled to reach the required 33.4% quorum…
Cumberland secures preliminary approval for a Singapore payment license [btcmanager]
The Monetary Authority of Singapore has granted Cumberland SG, the Asia division of the U.S.-based crypto trading firm Cumberland, in-principle approval for a Major Payment Institution license. The approval, which was announced on Mar. 18, brings the company one step…
Was this $520M Bitcoin short on Hyperliquid a setup for a massive long? [btcmanager]
Analysts speculate that a whale may have set up a $520 million Bitcoin short 40x leverage position on Hyperliquid as a trap to trigger a massive long. On Mar. 16, a Bitcoin (BTC) whale placed a massive $520 million short…
Bitcoin price on the verge of a breakout if this historical pattern repeats [btcmanager]
Bitcoin price has been stuck in a tight range but historical trends and on-chain data suggest a breakout could be coming soon. Bitcoin (BTC) has been trapped between highs of $84,000 and $82,000 with buyers finding it difficult to push…
Solana’s 5th birthday highlights explosive growth and trading activity: Mercuryo [btcmanager]
As Solana celebrates its fifth anniversary, new data from global payments infrastructure platform Mercuryo reveals extreme levels of volatility in Tether trading on the Solana transport layer this year. The wild swings in volatility relating to USDt purchases reflect growing…