Ever since Strategy, previously Microstrategy, began putting bitcoin ( BTC) into its company coffers, a significant number of other businesses have followed suit. Currently, various organizations are incorporating leading alternative coins into their financial holdings, and below is a glimpse at some of the entities acquiring large sums of ethereum ( ETH) this year.
Crypto Treasuries Go Ethereum…
Gamesquare Holdings, Inc. (NASDAQ: GAME) has successfully completed a $70 million underwritten public offering, selling 46.7 million shares at $1.50 each, as part of a bold strategy to expand its ethereum (ETH) treasury. The capital raise underscores the company’s growing…
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift.
Bit Mining Allocates Up to $300M for Solana Integration
The…
Cudis launched its Solana token on June 4, touting it as a way of turning personal health data from wearable devices into an onchain asset.
How a Solana Startup Is Incentivizing Wellness
Users of Los Angeles-based Cudis can now cash in on health data from their wearable devices thanks to the launch of the company’s Cudis token (CUDIS) on Wednesday last week.
The multi-billion-dollar wearables…
Ledn, a leading crypto lending platform, has announced it will become a bitcoin-only company starting July 1, 2025. The company will no longer support ethereum (ETH) or offer Growth Accounts, marking a significant shift in its business model aimed at improving user trust…
Ethereum is a decentralized blockchain platform that enables programmable contracts, the creation of digital currencies, and applications, reshaping industries from finance to art through innovation and automation.
Understanding Ethereum’s Foundation
Ethereum, proposed in…
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
February 27, 2024
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted by the hacking.
Kyberswap Hacker Starts Moving Funds
Peckshield Alert, a blockchain security firm…
In the span from Jan. 29 to Feb. 5, 2024, while bitcoin and ethereum have remained stagnant within their trading ranges, a selection of cryptocurrencies have enjoyed significant weekly upsurges, registering double-digit gains against the U.S. dollar. Specifically, flare…