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Stablecoin issuer Tether has signed a Memorandum of Understanding (MoU) with Adecoagro S.A. to explore a strategic collaboration centered on renewable-powered Bitcoin mining, according to a July 3 statement.
Adecoagro, one of South America’s leading producers of sustainable agricultural goods and energy, is evaluating how its more than 230 MW of renewable energy capacity can be used to support...
The FTX Recovery Trust informed the Delaware bankruptcy court that it will treat creditor claims from 49 foreign jurisdictions as disputed, as local rules prohibit either crypto trading or the use of distribution agents.
According to a July 2 filing shared by FTX Creditor advocate Sunil Kavuri, the trust stated it cannot release funds to customers in those markets until a legal analysis confirms...
A consortium led by the founding forces behind Japan’s Metaplanet, known as the “MicroStrategy of Asia,” announced plans on July 3 to acquire Thailand’s DV8 Public Company Limited through a voluntary tender offer.
The cross-border alliance includes UTXO Management, Sora Ventures, Kliff Capital, Simon Gerovich, Moon Inc., AsiaStrategy, and Mythos Group. The transaction marks a significant move by...
An on-chain investigation has revealed that North Korea IT workers posing as foreign developers have earned nearly $17 million from crypto startups and blockchain companies this year.
The findings, revealed by prominent blockchain investigator ZachXBT, show that these individuals have successfully integrated into dozens of crypto projects by concealing their identities and locations.
According to...
The United States has reached a new milestone in money circulation, with the M2 money supply climbing to an all-time high.
M2, a key measure that includes cash, checking accounts, savings, and money market deposits, hit $21.94 trillion by the end of May. Year over year, M2 has grown by 4.5%.
US M2 Money Chart (Source: X/The Kobeissi Letter)
According to analysts from The Kobeissi Letter, this...
Ripple CEO Brad Garlinghouse has addressed growing concerns from investors caught in the regulatory storm surrounding Linqto.
Linqto is a private investment platform that sells access to the crypto payment firm’s equity through secondary markets.
In a July 2 post on X, Garlinghouse clarified that Ripple has never had a formal relationship with Linqto and that the company did not authorize any...
SharpLink, Ethereum’s largest publicly traded holder, has expanded its ETH position, according to a July 1 statement.
Between June 23 and June 27, the company acquired an additional 9,468 ETH for approximately $22.8 million, bringing its total Ethereum holdings to 198,167 ETH, valued at $485 million.
According to DropsTab data, the firm’s unrealized loss is more than $34 million based on the...
The Trump family’s American Bitcoin Corp. and Gryphon Digital Mining have filed an amended S-4 registration statement with the U.S. Securities and Exchange Commission, moving forward on the public listing for the combined entity.
The filing advances a previously announced stock-for-stock merger that will result in the formation of a new publicly traded company, American Bitcoin, expected to trade...
A US Bankruptcy Court has ruled that Celsius Network may proceed with several claims in its lawsuit against stablecoin issuer Tether, according to a June 30 order from Judge Martin Glenn.
According to the filing, the court allowed Celsius to pursue allegations that Tether violated US bankruptcy laws by receiving preferential transfers and unjustly liquidating tens of thousands of Bitcoin during...
The XRP Ledger (XRPL) is entering a new growth phase, combining its legacy as a fast and efficient payment network with growing traction in decentralized finance and tokenization.
According to data from Dune Analytics, weekly payment transactions have grown by more than 430% in under two years to over 8 million this year.
These payments account for nearly two-thirds of all chain activity,...