Crypto Group Asks Treasury to Clarify DeFi Rules
The Blockchain Association urges the US Treasury to clarify proposed GENIUS Act rules so DeFi software, validators and foreign stablecoin services are not wrongly held liable. #Update #Regulation
Treasury
Metaplanet Bitcoin Investment Wins Shareholder Approval
@SuperLeague shareholders approved proposals for @Metaplanet’s planned contribution of 2,100 $BTC and cash to a US-listed treasury company. The deal has not closed. #Update #Crypto $BTC
Bitmine’s Ethereum treasury tops 6 million ETH
@BitMNR says it held 6,041,481 $ETH as of October 18 after buying 12,535 over the past week, with more than 5 million staked. #Update #Crypto $ETH (+2) ↗
Bitcoin Mining Expansion Boosts Texas Capacity
Strategy acquired 1,665 $BTC for $142.7M, raising its holdings to 847,666 BTC. It also repurchased $151.7M in preferred shares, funded by selling common stock. #Breaking #Crypto $BTC
Solana Treasury Surges 47,706 SOL Boost
DeFi Development Corp added 47,706 $SOL, raising its treasury to over 2.5 million tokens valued at $309M, reflecting a 10% increase since August. #Update #Crypto $SOL
Bitcoin Treasury Metaplanet Faces Executive Dilution
VanEck highlights Metaplanet’s executive stock-option capacity, leading to 22.4% dilution, impacting Bitcoin-per-share growth strategy. #Update #Crypto $BTC
Bitcoin Bans BitBank Over Iran Ties
The U.S. Treasury sanctions Iranian exchange BitBank for alleged sanctions evasion, linking it to financier Babak Zanjani and the IRGC. #Breaking #Legal
Bitcoin Treasury Surges Metaplanet Buys 1,007 BTC
Metaplanet acquired 1,007 $BTC for $69 million, raising its holdings to 20,000 BTC, now valued over $1.38 billion. #Breaking #Crypto $BTC
Ethereum Treasury Boost BitMine Adds 53,501 ETH
@BitMine has acquired 53,501 $ETH for $131M, highlighting a shift in corporate treasury strategies beyond Bitcoin. This move emphasizes Ethereum’s growing role in digital asset reserves. #Breaking #Crypto $ETH
US Treasury Yields Surge Toward Danger Zone
US Treasury yields hit a 19-year high, with the 30-year at 5.19% and the 10-year at 4.667%, prompting concerns of bearish pressure on stocks and risk assets #Breaking #Crypto $BTC (-8) ↘
Crypto 401(k) Plans Approved by Labor Department
The U.S. Department of Labor proposed a rule to expand 401(k) investment options, potentially allowing cryptocurrencies and alternative assets, aiming to modernize retirement investing and enhance diversity for American workers. #Update #Legal
Crypto Exchanges Banned Over Iran Ties
The U.S. Treasury Department sanctioned UK-based exchanges Zedcex and Zedxion for facilitating transactions linked to Iran’s IRGC, freezing their U.S. assets amid a crackdown on Iranian financial activities. #Breaking #Legal $USDT
Gold Investors Miss 98% Ownership Opportunity
Gold prices have surged over 80% in the past year, but @Aurelion CEO Björn Schmidtke warns that 98% of gold investors lack proof of ownership, risking chaos during a crisis. #Update #Crypto $XAUT
Ethereum Surges to $14 Billion in Assets
@BitmineImmersion has amassed a $14 billion Ethereum asset base with 4.168 million ETH, representing 3.45% of total supply, while targeting 5% ownership by 2026. #Update #Crypto $ETH