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Brazilian fintech firm Méliuz has acquired $28.4 million worth of Bitcoin, becoming the first Brazilian listed company to add BTC to its treasury reserve. This groundbreaking move, announced by the chairman of the company, Israel Salmen, marks a significant milestone for Brazil’s financial landscape. Moreover, it underscores the rising acceptance of cryptocurrency among publicly traded…
Solana’s leading crypto wallet, Phantom, has unveiled its liquid staking token, PSOL, adding to the expanding Solana liquid staking ecosystem. The PSOL token will enable users to stake SOL while retaining liquidity for decentralized finance (DeFi) activities. Solana liquid staking market surge Solana’s liquid staking ecosystem is experiencing rapid growth, fueled by tokens like PSOL….
AlAbraaj Restaurants Group, a publicly listed hospitality company on the Bahrain Bourse, has announced the integration of Bitcoin (BTC) into its corporate treasury. The move positions AlAbraaj as the first listed company in the Gulf Cooperation Council (GCC) and the broader Middle East to embrace a dedicated Bitcoin reserve strategy. With an initial purchase of…
Franklin Templeton has secured approval from the Monetary Authority of Singapore (MAS) to launch its tokenized US dollar short-term money market fund (MMF). This positions Singapore as a global leader in financial innovation, with Franklin Templeton pioneering accessible investment opportunities through blockchain technology. The new fund, designed to democratize access to money market investments, marks…
In a surprising twist, Coinbase, a titan among cryptocurrency exchanges, has suffered a security breach not from cunning external hackers but through the treachery of its own employees. The incident, uncovered recently, involved insider bribery that compromised the personal data of thousands of users, sending ripples of concern through the crypto community. The Coinbase security…