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The South Korean Financial Services Commission (FSC) will mandate non-profit organizations and cryptocurrency exchanges to comply with a strict customer verification process from June. In an official release, the country’s top financial regulator announced that these entities will be allowed to sell digital assets under the new regulations. Non-profits are allowed to sell cryptos that…
DISCLAIMER: The below article is part of CryptoSlate’s initiative to align Bitcoin and crypto events with the front page of the Internet. Stories contain satirical elements and may contain fictitious names or quotes for entertainment purposes. A series of games simulating the debate over whether 100 men could win a fight against a gorilla has been…
Key Takeaways: Blackstone makes first direct crypto investment. The asset manager has added Bitcoin ETFs and crypto ATM shares. BlackRock’s IBIT leads U.S. Bitcoin ETFs in inflows. Blackstone, the world’s largest alternative asset manager, has made its first move into crypto markets, purchasing shares in BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin exchange-traded fund….
Dubbed as Japan’s ‘Strategy’, Metaplanet is now the country’s most shorted stock by hedge funds, CEO Simon Gerovich posted on X earlier today, warning that betting against Metaplanet is like betting against Bitcoin. The company’s stock has surged over 4,800% over the past year because of the company’s pivot to Bitcoin investment strategy. Originally a…
Bitcoin is trading at $108,000, up 1% in the Asian session as financial anxiety buys. “Rich Dad Poor Dad” author Robert Kiyosaki said a 1929 style crash would happen after the US credit downgrade. He cited rising interest rates, debt and student loan crisis as triggers. His advice: own Bitcoin, gold and silver as protection….
New York Mayor Eric Adams announced the creation of a digital assets advisory council to attract fintech jobs and investment to Manhattan at the opening of the inaugural NYC Crypto Summit on Tuesday. “My goal remains the same as it was day-one as mayor, making New York City the crypto capital of the globe,” said…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Vivek Ramaswamy’s Strive is seeking to acquire 75,000 Bitcoin, valued slightly over $8 billion, from claims related to the defunct Mt. Gox exchange bankruptcy. In a May 20 regulatory filing, Strive noted that the strategy is intended to purchase Bitcoin at a discount price. It enhances Bitcoin per share and supports the goal of outperforming…
Bitcoin climbed above $107,500 on Wednesday, just 1.1% shy of its all-time high of $108,786 as investors seek refuge from global uncertainty. The flagship crypto has broken out of a two-week consolidation between $102,000 and $105,000 to reach fresh highs. Over the past six weeks, Bitcoin has rallied roughly 40%, and held above $100,000 for…
