Latest news from the Web3 ecosystem
Bitcoin treasury firm Nakamoto has announced plans to acquire BTC Inc. and UTXO Management in an all-stock transaction valued at $107 million. The deal aims to consolidate key entities within the Bitcoin ecosystem.
The Commodity Futures Trading Commission (CFTC) has asserted its authority over prediction markets, signaling a move towards federal oversight for these platforms.
World Markets has launched its 'No ADL' decentralized exchange on MegaETH, a new Layer 2 scaling solution. The DEX provides on-chain spot and futures trading alongside lending functionalities.
Bitcoin's price has fallen below the $67,000 mark, influenced by a continued downturn in the technology and software stock sectors, with the iShares Tech-Software ETF seeing a significant drop.
Commodity Futures Trading Commission Chairman Mike Selig has asserted the agency's authority over the burgeoning prediction market sector, initiating a legal dispute.
The digital asset industry is entering a new phase of intensified tax enforcement. Evolving regulations, drafted by policymakers unfamiliar with crypto's complexities, pose significant implications for the broader Web3 ecosystem.
Nakamoto announces a significant all-stock acquisition of BTC Inc. and UTXO, integrating prominent Bitcoin media, event management, and asset management entities.
Bitcoin's price has fallen below the critical $70,000 mark, coinciding with escalating US-Iran tensions and a significant liquidation event impacting long positions.
Trading platform eToro saw its shares climb 14% following the announcement of a record Q4 profit, demonstrating resilience despite a decline in cryptocurrency revenue.
South Korea has lifted a nine-year ban on corporate cryptocurrency participation, introducing new regulations that include strict caps and asset limitations for businesses engaging with digital assets.
Analysts from Compass Point and Canaccord suggest that cryptocurrency custodian BitGo could be a target for acquisition by Wall Street firms, highlighting the growing institutional demand for crypto infrastructure.
Gemini's post-IPO restructuring involves the departure of its Chief Legal Officer, Chief Operating Officer, and Chief Financial Officer, with Cameron Winklevoss expanding his role.