Metaplanet doubles down on Bitcoin, eyes additional $6.2 million purchase
Japanese firm Metaplanet announces 1 billion yen ($6.2 million) BTC purchase. Funds will come from proceeds of a bond issuance. Metaplanet, a top Japanese investment firm that has recently adopted…
India orders Binance to pay $2.25 million fine for AML violations
Binance faces a $2.25 million penalty reportedly imposed by India’s Financial Intelligence Unit (FIU). The penalty relates to the crypto exchange’s violation of India’s anti-money laundering (AML) regulations. India’s financial…
Chinese Telecom giant Coolpad to buy Bitcoin mining rigs worth $13.5 million
Coolpad Group plans to acquire 2,700 BTC mining rigs for $13.5 million. The company will deploy these rigs in North America. Coolpad, a Shenzhen-based telecom provider listed on the Hong…
New York recovers $50 million from Gemini for defrauded investors
New York Attorney General Letitia James has recovered $50 million from Gemini Trust, with this being money defrauded from Gemini Earn users. The recovered money will be used to repay…
Fidelity’s FBTC leads as spot Bitcoin ETFs see $226 million in net outflows
Fidelity’s FBTC sees $106 million in outflows, nearly half of the $226 million spot bitcoin ETF outflows on June 13. BlackRock’s IBIT only fund to see net inflows on the…
Dora Factory Announces Historic $DORA Airdrop to Over 1 Million ATOM Stakers in Largest MACI Voting Round Ever
Singapore, SIngapore, June 6th, 2024, Chainwire Dora Factory, the pioneering infrastructure of decentralized governance technology and public good funding, announces the gas fee airdrop of its native token, $DORA, to…
Singapore’s largest bank DBS holds $650 million in ETH: Nansen
Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank…
Riot Platforms wants to buy Bitfarms for $950 million
Riot Platforms offers $950M to acquire Canadian Bitcoin miner Bitfarms. Bitfarms is facing leadership turmoil amid CEO Geoffrey Morphy’s lawsuit. The merger would create largest publicly listed Bitcoin miner by…
Toncoin price: What next for TON as TVL surpasses $300 million?
Toncoin price bounces as total value locked (TVL) on the TON Blockchain surpasses $300 million. DeFiLlama data showed TON Blockchain’s TVL at $315 million, up from $156 million on May…
Gala CEO points to “messed up” internal controls in $200 million exploit
Gala CEO says “we messed up our internal controls” after $200 million exploit. Attacker managed to sell 600 million tokens worth over $23 million; 4.4 billion GALA are effectively burned.…