Nakamoto to Execute 1-for-40 Reverse Stock Split Amid 99% Stock Collapse
Nakamoto plans a major reverse stock split to increase its stock price and meet Nasdaq listing requirements after a steep decline over several months.
Crypto & Fintech
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Crypto & Fintech
SpaceX Discloses Over $1.4 Billion in Bitcoin Ahead of Potential Record IPO
SpaceX reveals ownership of 18,712 Bitcoin worth approximately $1.46 billion as it prepares for a historic IPO that could value the company up to $2 trillion.
Crypto & Fintech
SpaceX Discloses $1.45 Billion Bitcoin Holdings Ahead of Planned IPO
SpaceX revealed it owns nearly 19,000 Bitcoin worth $1.45 billion, more than twice previous estimates, in its S-1 filing ahead of an anticipated IPO.
Crypto & Fintech
Major Bitcoin Whale Boosts Long Positions as BTC Eyes Recovery Above $79K
Bitcoin bulls gained renewed momentum after a prominent whale opened a large 5x leveraged long, while futures market activity signals growing trader confidence despite cautious technical indicators.
Crypto & Fintech
SpaceX Discloses Bitcoin Holdings Far Larger Than Previously Estimated Ahead of IPO
SpaceX revealed ownership of nearly 19,000 Bitcoin, significantly exceeding earlier estimates, as part of its plans to go public and raise billions in capital.
Crypto & Fintech
SEC Requests Public Input on New Prediction Market ETFs Amid Regulatory Caution
The US SEC pauses approval of prediction market ETFs, seeking public feedback to assess risks before allowing investors to trade event-based contracts via traditional brokerages.
Crypto & Fintech
Over 6 Million Bitcoins Remain Vulnerable to Quantum Computing Threats
Analysis reveals that more than 30% of Bitcoin’s supply, roughly 6 million coins, could be exposed to quantum computing attacks due to visible public keys on the blockchain.
Crypto & Fintech
Ethereum Rollup Developer Syndicate Labs Shuts Down Amid Market Contraction
Syndicate Labs announced its closure after five years, citing a significant contraction in the Ethereum rollup sector and a market shift favoring dominant players.
Crypto & Fintech
Former Silvergate Executive Explains Decision to Settle SEC Charges Amid Regulatory Pressure
Former Silvergate chief risk officer Kate Fraher details why she settled SEC charges to avoid prolonged litigation, highlighting regulatory tactics that hindered crypto banking operations.
Crypto & Fintech
South Carolina Enacts Comprehensive Law Restricting Federal CBDCs and Protecting Crypto Rights
South Carolina has passed legislation banning state adoption of federal central bank digital currencies while safeguarding digital asset use and crypto businesses.
Crypto & Fintech
Ethereum Sees Unprecedented Selling Pressure Amid Short-Term Correction, Echoing Past Bear Market Signals
Ethereum’s futures on Binance display the heaviest selling dominance since late 2023, revealing a rare contrarian signal during its current price correction within established support levels.
Crypto & Fintech
Singapore Revokes Crypto Payment License of Bsquared Amid Regulatory Breaches
Singapore’s central bank has revoked Bsquared’s crypto payment license after uncovering regulatory violations and ordered the firm to confirm return of customer funds.