This Company Plans To Go Public With An Ethereum Treasury — Here’s How Much E...
The Ether Machine, a crypto infrastructure firm, is preparing to go public with one of the largest Ethereum (ETH) holdings in the sector. Over the last few months, the company has added more ETH to its balance sheet, positioning itself as the third-largest Ethereum treasury company in the market, ahead of its planned Nasdaq listing. […]
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Sharplink Gaming (SBET), which became the first public company to establish an Ethereum treasury, hasn’t had it easy since making this major move. The company’s shares have plummeted amid reports that investors plan to offload their stocks following the creation of the ETH Treasury. Sharplink Gaming’s Stock Plummets Following Ethereum Treasury Move In an X […]
BitMine, a publicly traded company renowned for its bold treasury strategy, has officially become the second-largest crypto treasury company in the world. The firm now holds more than $6.6 billion worth of Ethereum (ETH), totaling 1.52 million tokens — a staggering 1.26% of the total ETH supply. Related Reading: Ethereum Floods Exchanges As Bitcoin Remains […]
One of China’s top internet app makers, Meitu Inc., has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. Chinese Publicly Traded Company Increases Bitcoin Holdings in Its Treasury Meitu Inc. announced Wednesday that its wholly owned subsidiary Miracle Vision has acquired more bitcoin and ether in open market transactions. This is the second purchase announcement by the company. Meitu is listed on the Hong Kong stock....
The public has until Nov. 3 to submit comments on the Treasury addressing ransomware attacks, the illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy. The United States Department of the Treasury will be calling for comments from the public on digital assets, including their views on how regulations may address the illicit uses of crypto.In a document set to be published in the Federal Register on Tuesday, the U.S. Treasury requested public comment on “digital-asset-related illicit finance and national security risks as well as the publicly released....
Following in the footsteps of regulation practices like BitLicense out of New York, the UK Treasury is seeking advice from members of the Bitcoin community to help further their understanding on regulation. According to The Guardian, the Treasury is asking for information from law enforcement agencies, financial regulators along with the general public and "FinTech" firms. Also Read: NYDFS's Ben Lawsky Reveals Plans for Transitional BitLicense at #Money2020. When asked for the purpose of these discussions, The Guardian reported that a Treasury spokesman said the following: "We're....