Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Turkish Ride-Hailing Firm Marti Becomes Latest Public Company to Embrace Bitcoin with 20% Cash Reserve Allocation in Treasury Strategy

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.

Trading Platform eToro Could Build Its Own Blockchain to Support Its Monthly “Millions of Transactions”

eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.

US SEC Gives Final Nod To In-Kind Bitcoin And Ether ETF Trades, Promising Lower Costs And Higher Efficiency For Investors: Are Altcoin ETFs Next In Line?

The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.

The Last Encore: CryptoBatz NFT Prices Surge Dramatically as Fans Rush to Own a Piece of Rockstar Ozzy Osbourne’s Iconic Legacy

Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.

JPMorgan Plans to Let Clients Borrow Against Bitcoin and Ether by 2026 as Crypto Lending Gains Momentum on Wall Street

JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.

SEC Chair Paul Atkins Signals Ethereum Is Not a Security, Boosting Confidence for Corporate Treasury Investments: Are ETH Treasuries the New Bitcoin Play?

The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.

Shinhan Bank Becomes First South Korean Lender to Add Crypto Tracking and Guides to Its Mobile App

ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.

Vitalik Buterin Says Ethereum Layer 2s Can Now Achieve What 2010s Blockchains Never Could

Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.

Standard Chartered Becomes First Global Bank to Launch Bitcoin and Ether Spot Trading in the UK

Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.

CoinList Settles for Over $1 Million in Crimea Sanction Breach Case

CoinList settles with US regulators for $1.2 million over alleged sanctions violations involving 989 transactions in Crimea.

Interchain Foundation Reduces Funding for Cosmos Ecosystem Growth in 2024

The Interchain Foundation allocates $26.4 million for 2024 to the Cosmos ecosystem, a decrease from previous years, funding key areas and witnessing significant ecosystem collaborations.

Pope Francis Calls for International AI Regulation to Uphold Human Dignity

Pope Francis urges global leaders to adopt an international treaty regulating AI, emphasising its ethical development for peace and human dignity.

Instagram Unveils AI-Powered Backdrop Feature for Story Enhancement

Instagram introduces a new AI-powered Backdrop feature in the U.S., allowing users to creatively alter photo backgrounds in Stories.

Ledger Overcomes Cyber Threat, Enhances DeFi Security

Ledger CEO addresses and overcomes a DeFi hacking incident, enhancing security and reinforcing user trust.

Intel's Gaudi3 Chip: A New AI Processing Frontier

Intel's Gaudi3: A Bold Step in AI Chip Competition, but with Challenges Ahead

Scroll NFTs: A Million Opportunities Unfold

One million addresses can now claim NFTs on Scroll's second layer, highlighting the growing interest and potential in Layer 2 networks.

Cryptocurrency Mining Strains North American Power Grid

NERC identifies cryptocurrency mining as a key stressor on the North American power grid, with Texas at the forefront, highlighting the need for policy reevaluation.

AI Art Denied Copyright: A Clash of Creativity and Code

US Copyright Office rejects AI-generated artwork, challenging notions of authorship and creativity.

Arbitrum's Network Downtime Causes Market Stir

Arbitrum's network faced significant downtime due to sequencer and feed issues amidst increased traffic, affecting the ARB token's value.