Market and News

The company purchased 7,420 bitcoin between September 13 and 19 for at an average price of $61,750. The firm upsized this week’s convertible note offering to $1.01 billion principal amount from $700 million, and used the proceeds for the BTC

A federal court in Texas decided Consensys’ recent lawsuit against the Securities and Exchange Commission wasn’t warranted, because it’s underlying legal danger had ceased. Consensys is still in a legal battle with the U.S. securities regulator over MetaMask. The U.S.

The CFTC is working to ban political prediction markets. Its current goal: Get a federal appeals court to keep one from launching while it argues a judge was mistaken in overturning its rejection of Kalshi. You’re reading State of Crypto,

Iggy Azalea is launching Motherland, an online casino utilizing her MOTHER token, featuring various games and betting options. Despite the decline of many celebrity-backed memecoins, Azalea’s strategic use of the MOTHER token for real-world applications, like her telecom services, has

CBDCs have been a hot topic for a while, with governments trialing pilot schemes and conducting research. But it’s all talk. The reality is that globally, CBDCs are going nowhere for at least 20 years. Research into CBDCs has been

If you’ve spent any time in Web3, you’ve likely come across the term “public goods.” While its definition is often debated, the need to fund public goods is widely accepted by those who understand its importance. Key figures like Vitalik