Japanese Gaming Giant’s Big XRP Bet

A major Japanese mobile game company, Gumi Inc., is making a splash in the crypto world. They’re planning to buy $17 million worth of XRP! This shows they’re really getting serious about blockchain technology and see it as a way to make more money and boost their position in the digital economy. Gumi’s Blockchain Expansion…

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Bitcoin Lawsuit Against Strategy Inc. Dropped

Investors have dropped their class-action lawsuit against Strategy Inc., a major Bitcoin holder, and its executives. The suit alleged misleading statements about the company’s Bitcoin investment strategy and a recent accounting change. The Accusations The lawsuit, filed in a Virginia court, claimed Strategy Inc., its co-founder Michael Saylor, CEO Phong Le, and CFO Andrew Kang…

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PetroChina Jumps on the Stablecoin Bandwagon

PetroChina, Asia’s biggest oil and gas company, is looking into using stablecoins for international payments. This comes after Hong Kong recently updated its rules on stablecoins. Stablecoins in the Spotlight According to recent news, PetroChina’s CFO, Wang Hua, said they’re keeping a close eye on Hong Kong’s new Stablecoin Ordinance. This law, which started in…

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Are Bitcoin ETFs Really a Big Deal? The Numbers Say No

So, Bitcoin exchange-traded funds (ETFs) are all the rage, right? They let regular investors easily buy into Bitcoin without dealing with the complexities of crypto exchanges. But are they actually taking over Bitcoin trading? Let’s look at the data. ETFs vs. Exchanges: A David and Goliath Story CryptoQuant, a company that analyzes blockchain data, recently…

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ZachXBT Slams XRP Community: Why He’s Not a Fan

Crypto investigator ZachXBT recently stirred the pot by publicly criticizing Ripple and its XRP community. He’s made it clear: he’s not here to help. XRP Holders: “Exit Liquidity” ZachXBT’s main beef? He believes XRP holders offer nothing of value to the crypto industry, serving primarily as an easy exit for insiders who cash out. He…

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