In a bold financial pivot, GameStop has announced plans to raise $1.3 billion through convertible debt, aiming to funnel proceeds into Bitcoin purchases. The video game retailer, once synonymous with meme stock mania, revealed its Bitcoin treasury strategy just 24 hours before launching this debt offering. Shares swung wildly post-announcement, while Bitcoin prices rebounded from earlier losses. Why convertible debt?…
A shift is unfolding in real estate investing. RealEstate.Exchange (REX), powered by DigiShares, has launched on Polygon, enabling fractional ownership of high-value properties through blockchain. This move promises to give the public access to luxury real estate while tackling long-standing liquidity challenges. Why Polygon Emerged as the Blockchain of Choice REX chose Polygon’s network for its blend of affordability, speed,…
The blockchain world is buzzing as Solana cements its position among top networks, offering lightning-fast transactions and rock-bottom fees. Yet, many investors hesitate to explore its ecosystem, fearing the complexity of moving assets across chains. Here’s how to bridge to Solana seamlessly and why it’s worth the effort. Why Solana? Speed, Fees, and Growth Solana’s rise isn’t just hype. Its…
GameStop stunned investors Tuesday by announcing plans to add bitcoin to its balance sheet. The video game retailer revealed its board unanimously approved the shift, signalling a dramatic pivot under CEO Ryan Cohen. Shares surged 6% post-announcement, while bitcoin edged up 0.2% to $88,500. The decision follows weeks of speculation after Cohen hinted at crypto ambitions, including a cryptic social…
The cryptocurrency exchange Kraken is in advanced talks with Wall Street titans Goldman Sachs and JPMorgan Chase to raise up to $1 billion in debt financing. This move, reported by Bloomberg, signals the company’s aggressive push toward a potential initial public offering (IPO) as early as 2026. Furthermore, the platform is also weighing an equity raise, though details remain fluid.…
In March 2022, hackers pulled off one of the largest digital heists in history, stealing $625 million from Ronin Network, a blockchain platform powering the hit game Axie Infinity. The attack exposed critical vulnerabilities in decentralised finance (DeFi), leaving investors and gamers scrambling. As the dust settled, questions arose: How did this happen? Who was behind it? And what does…
As Asia accelerates into blockchain’s next era, China Pacific Insurance (CPIC) Investment Management has unveiled a $100 million tokenised money market fund. Developed with digital asset firm HashKey, the fund signals a bold leap into real-world asset (RWA) tokenisation, a sector growing 500% globally in just one year. Why Tokenise? CPIC Bets on Blockchain’s Speed and Reach Behind this move…
Trump Media & Technology Group (DJT) announced their partnership Monday with Crypto.com to launch a series of exchange-traded funds (ETFs). The collaboration aims to blend digital assets like Bitcoin with traditional securities, emphasising a “Made in America” theme. Scheduled for a late 2024 rollout, these ETFs will operate under Truth.Fi, TMTG’s financial tech subsidiary. Following this, DJT stock surged 9%…
In a bold leap toward modernising real estate transactions, Japan’s Open House Group has announced it will accept XRP, Solana (SOL), and Dogecoin (DOGE) for property purchases. The move, effective immediately, positions the Tokyo Stock Exchange-listed giant among the first major real estate firms globally to integrate these cryptocurrencies. This expansion follows the company’s January 2025 decision to adopt Bitcoin…
Pakistan’s newly formed Crypto Council has sparked intrigue with a proposal that could reshape its economic future. Behind closed doors, policymakers and tech leaders debated an unexpected solution to two pressing challenges: energy waste and financial innovation. Harnessing Surplus Power Pakistan’s electricity grid frequently produces excess energy, much of which goes unused due to ageing infrastructure or low demand. Bilal…
Tether (USDT) has long been the leading stablecoin in the crypto market, providing traders and investors with a reliable way to move funds quickly without the volatility associated with traditional cryptocurrencies. However, as regulatory scrutiny on stablecoins intensifies worldwide, questions arise about the future of USDT and whether regulations could impact its dominance. The Role of USDT in the Crypto…
In a bold financial move, tech giant Strategy (MSTR) has ignited speculation with a massive $711 million capital raise. While details remain under wraps, insiders hint the move ties directly to its aggressive cryptocurrency strategy. The announcement comes as Bitcoin hovers near $84,000, with their massive Bitcoin holdings set to reach 500K. Why Strategy Doubled Down on Bitcoin The company’s…