The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.
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Weighs
Bitget CEO Gracy Chen expects Bitcoin to remain broadly around current levels through the end of the year despite its recent surge, citing interest rates and broader macroeconomic conditions as key factors shaping the …
OpenAI, the company behind ChatGPT, has reportedly discussed giving the US government a 5% equity stake as artificial intelligence oversight in Washington intensifies. The company raised the idea in early discussions with the Trump …
- Bitcoin & Ethereum
PayPal (PYPL) jumps 7% as Stripe reportedly weighs acquisition. Here is what it means for crypto
by adminby adminStripe, which processed $1.9 trillion in transactions last year and was recently valued at $159 billion, is considering an acquisition of all or parts of PayPal (PYPL), according to a Bloomberg report. Deliberations are …
Block Inc. (XYZ), the payments company run by Jack Dorsey, may reduce its workforce by as much as 10%, Bloomberg reported, citing people familiar with the matter. Hundreds of employees at the bitcoin BTC$71,261.31-supporting …
Web3 Technology
Bitcoin Retreats Under $70K as IEA Weighs Historic Oil Reserve Release
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by admin
In brief Bitcoin is trading near $69,240 following an IEA proposal to release over 182 million barrels of oil to rein in prices. Surging oil prices elevate inflation concerns, potentially leading to higher interest …
Crypto Education
Dogecoin, Bitcoin Treasury Firm Thumzup Weighs Paying DOGE Rewards
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In brief Advertising firm Thumzup is considering adding DOGE as a reward payment alternative in its mobile app. Currently, users can earn cash for providing content about advertiser’s products. Initial assessments show integrating DOGE …
