KULR Know-how Group, Inc. (NYSE: KULR) announced it has expanded its Bitcoin treasury to $101 million after buying roughly $10 million in further bitcoin at a mean value of $108,884 per BTC. The corporate’s whole bitcoin holdings have risen to 1,021 BTC, consistent with its Bitcoin treasury technique launched in December 2024, which commits as much as 90% of surplus money reserves to bitcoin as a major treasury asset. “Bitcoin has outpaced each main asset class in 11 of the final 14 years, usually by a major margin,” mentioned the CEO of KULR Michael Mo. “The worth cycles, nonetheless, will…
Author: CryptoGate
GameSquare has unveiled plans for a $100 million Ethereum treasury focusing on a 14% yield via a decentralized finance (DeFi) technique. Following the information, its shares surged by practically 60%. GameSquare’s Providing In a July 8 press release, the corporate introduced it has priced an underwritten public providing of 8,421,054 shares of its widespread inventory at $0.95 per share. The providing is anticipated to lift roughly $8 million in gross proceeds earlier than deducting underwriting reductions, commissions, and different providing bills. The Minneapolis-based agency mentioned the funds will probably be used to kickstart a $100 million Ethereum treasury technique. The…
What Are NFTs in Sports activities?Let’s start by offering a primary definition of NFTs. The acronym for Non-Fungible Token is NFT. It’s a one-of-a-kind digital merchandise that can not be substituted for the rest. NFTs are saved on a blockchain, a kind of safe digital ledger.Relating to sports activities, NFTs can symbolize many issues, together with:Digital buying and selling playing cardsVideo highlightsDigital ticketsUnique merchandiseAthlete-signed collectiblesThey’re purchased, offered, or traded on-line. Some retailer them as digital memorabilia, whereas others retailer them as investments.How Sports activities NFTs Enhance Fan EngagementTokenized experiences are among the many most enjoyable makes use of of sports…
Bitcoin miner CleanSpark has reportedly acquired approval to construct a brand new mining facility in Mountain Metropolis, Tennessee, native media outlet WCYB reported on July 2.In response to the report, the Mountain Metropolis Board of Mayor and Aldermen permitted the mine’s improvement after a 3-1 vote to rezone the focused 50-acre web site. The land will shift from B3 to B4 zoning, permitting for higher-capacity infrastructure and energy-intensive operations.CleanSpark plans to assemble a 30-megawatt Bitcoin mining facility on the positioning.Mountain Metropolis Mayor Jerry Jordan has beforehand voiced cautious optimism, stating that whereas the mine could supply financial advantages and job…
An analyst identified for well timed altcoin calls believes that new record-level costs are on the horizon for the funds altcoin XRP (XRP). Pseudonymous analyst Pentoshi tells his 870,600 followers on the social media platform X that XRP’s chart appears bullish and that the altcoin would possibly see new all-time excessive costs within the coming weeks. However for now, Pentoshi thinks that XRP will take a breather earlier than sparking the subsequent leg up. “XRP: That is in all probability going to do worth discovery within the subsequent two weeks as nicely, in my view… XRP appears disgustingly good even…
Ripple Labs, a crypto funds firm, continues to set its ambitions and people of XRP larger than ever because it edges nearer to disrupting the worldwide monetary messaging big SWIFT. After Ripple CEO Brad Garlinghouse beforehand projected that XRP might seize 14% of SWIFT’s quantity, new estimates now level to even bolder targets. How Ripple Securing 20% Of SWIFT Might Impression XRP A new report by Paul Barron, a technologist and crypto analyst, has revealed an up to date forecast for Ripple. The report highlights XRP’s growing potential to take on SWIFT in cross-border transactions. Ripple’s ambitions within the world…
Robinhood launched Ethereum (ETH) and Solana (SOL) staking companies for U.S. prospects on July 10, enabling customers to earn staking rewards on their crypto holdings with as little as $1.The brand new characteristic expands Robinhood’s staking choices past Europe, permitting American prospects to take part in blockchain validation with out immediately working validators themselves.For Ethereum, Robinhood will use a batch-processing technique that swimming pools buyer stakes to fulfill the community’s minimal 32 ETH validator requirement. Relying on aggregation dynamics, customers can count on to obtain between 50% and 100% of Ethereum’s protocol staking rewards.Solana staking can also be now out…
Right this moment, Rumble announced an unique partnership with MoonPay to launch a Bitcoin and crypto wallet that may let creators deal with their earnings outdoors conventional banking methods. BREAKING NEWS: Rumble and MoonPay Strike Unique Deal to Gasoline Crypto-Creator Revolution“MoonPay will energy all crypto on- and off-ramps contained in the extremely anticipated Rumble Pockets, slated to launch in Q3 2025.”“MoonPay’s company Otherlife will start leveraging Rumble Cloud” pic.twitter.com/fDv0XJzVNO— Rumble 🏴☠️ (@rumblevideo) July 10, 2025 The brand new Rumble Pockets, set to reach in Q3 2025, will use MoonPay’s infrastructure to energy all digital forex transactions on the platform. Customers…
The US Division of the Treasury’s Workplace of Overseas Property Management (OFAC) on Thursday sanctioned Track Kum Hyok, a North Korean cyber actor related to the Reconnaissance Common Bureau’s (RGB) Andariel hacking group. OFAC mentioned Track facilitated a bootleg IT employee scheme that generated income for Pyongyang’s regime. Treasury Targets DPRK Cyber Actor In keeping with the official press launch, Track oversaw operations by which DPRK nationals, usually primarily based in China and Russia, have been supplied with falsified identities. These identities helped them safe employment at unwitting firms the world over, together with within the US. The employees would…
What Are Tokenized Actual-World Property?So, what precisely are tokenized real-world belongings? Briefly, they’re digital representations of bodily or conventional monetary belongings which are issued and traded on blockchains. These belongings are backed 1:1 by the real-world objects they characterize and are sometimes compliant with regional rules.Widespread forms of tokenized real-world belongings embrace:Actual property (fractional property possession)Authorities bonds or T-billsCommodities like gold or oilCarbon credit and ESG-linked devicesBy leveraging blockchain, these tokens supply fractional possession, quicker settlement, and broader world entry.For an summary, revisit our article: Tokenization of Assets: BlackRock’s Blockchain BetAdditionally see World Economic Forum’s RWA Brief for a world…