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South Korea's Bithumb shares safety and transparency updates ahead of 2028 IPO
Bithumb’s ambitions of having a public listing have not been shelved despite its recent troubles with regulators, which saw it get fined alongside a suspension and an accidental Bitcoin payout that was once valued at $43 billion. The second-largest crypto exchange in South Korea has informed its shareholders that it will be putting measures in...Cryptopolitan
Mon, Aug 3
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Saylor's Strategy sells again, swapping BTC reserve balance for cash
Strategy (NASDAQ: MSTR) entered yet another week without announcing a Bitcoin purchase. Instead, the leading corporate Bitcoin holder sold 1,638 Bitcoins (BTC) for about $104.7 million during the week of July 27 and August 2. Strategy sold the latest batch at around $63,957 per coin, more than $10,000 below the almost $75,500 it paid on...Cryptopolitan
Mon, Aug 3
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ZeroStack tells SEC it may not survive another year of operation
ZeroStack fears it may not have enough cash to operate for another year, as its 0G token treasury sinks 91%. The Nasdaq-listed company told the U.S. Securities and Exchange Commission (SEC) Friday that there is substantial doubt about its ability to keep operating as a going concern for the next 12 months. In the filing,...Cryptopolitan
Mon, Aug 3
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Ant Group robotics unit Lingbo opens its first funding round, targets 1.5 billion yuan
Ant Group’s (HK: 6688) Lingbo Technologies recently started its first external funding round, aiming to raise 1.5 billion yuan ($206 million). The company intends to hold a second funding round before the end of 2026, which would make it the fastest funding round of any startup in China’s robot-brain sector. Why is Lingbo focusing on...Cryptopolitan
Mon, Aug 3
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LIVE: US dollar crashes after Trump admin sidestepped it in surprise yen intervention for Japan
The U.S. dollar slid from above 163 yen to around 156 after Washington and Tokyo confirmed joint intervention. Japan is trying to curb the yen’s inflationary weakness, while the U.S. also sees economic and trade benefits. Tokyo plans to use the Fed’s FIMA repo facility, avoiding Treasury sales that could disrupt U.S. funding markets. The...Cryptopolitan
Mon, Aug 3
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Ripple invests undisclosed sums in two British firms, ZILO and Licuido
Ripple has tapped two UK-based companies to expand its capital markets infrastructure. The company announced Monday that it made strategic investments in ZILO and Licuido. The financial terms were not disclosed. However, Ripple said the investment builds on already-existing partnerships with the companies. Ripple invests in ZILO and Licuido ZILO provides transfer agency and fund...Cryptopolitan
Mon, Aug 3
