BitMine Slows Ethereum Buying as Share Buyback Takes Priority
BitMine slowed its Ethereum purchases last week after prioritizing a share buyback, but still holds 5.78 million ETH, nearly 5% of the cryptocurrency's circulating supply.
Editor-in-Chief · Joined 2021
Covers Crypto Business, Crypto Regulation and Altcoins.
Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
BitMine slowed its Ethereum purchases last week after prioritizing a share buyback, but still holds 5.78 million ETH, nearly 5% of the cryptocurrency's circulating supply.
The Chiliz team announced via X on Monday that the Pascal hard fork is now live, bringing smart account capabilities to Externally Owned Accounts (EOAs) on Chiliz Chain.
South Korea's FSS has launched sanction proceedings against Upbit operator Dunamu following a $30 million crypto hack, with tougher digital asset regulations expected to follow.
Bybit has launched Bybit Indonesia after acquiring a majority stake in licensed crypto firm PT Enkripsi Teknologi Handal, introducing 500 crypto trading pairs to the growing market.
The U.S. Senate unanimously passed a resolution stating that FTX founder Sam Bankman-Fried should never receive a presidential pardon or sentence commutation following his fraud conviction.
The Curve Finance team announced via X on Wednesday that Llamalend v2 is now live on Ethereum, following its first production rollout on Optimism.
South Korea plans to introduce a National Asset Basic Act that will recognize cryptocurrencies, intellectual property, and digital assets as state-owned assets while advancing its blockchain strategy.
On Tuesday, the Injective team announced via X that they have launched the Injective AI Agent SDK.
Binance celebrates its ninth anniversary with 323 million users, $156 trillion in trading volume, and a growing push into stocks, ETFs, and tokenized securities.
Bolivia is considering integrating Tether's USDT into its national payments system as crypto adoption surges following the removal of digital asset transaction restrictions.
On Tuesday, the Pyth Network announced via X that the SK Hynix ($SKHY) feed is live on Pyth Pro with extended coverage (24/5).
SBI Group will launch a JPYSC stablecoin lending service offering a 3% annual yield as it expands its onchain finance and digital asset strategy in Japan.