HARVARD UNIVERSITY REVEALS 116 MILLION USD INVESTMENT IN BITCOIN ETF
The Harvard University endowment fund disclosed in regulatory filings that it holds units of a Bitcoin ETF
The value of this investment is 116 million dollars
This is one of the first cases where such a significant academic institution publicly announces its involvement in Bitcoin
NEW HEAD OF THE WHITE HOUSE CRYPTOCURRENCY COUNCIL
Patrick Witt has been appointed as the new executive director of the White House Cryptocurrency Council
Witt who previously served as deputy director also works at the United States Department of Defense
This change signals the US administration’s continued work on shaping digital asset policy
CHINESE MEDICAL COMPANY ACCEPTS ETHEREUM AS A RESERVE ASSET
Huajian Medical from Hong Kong a medical diagnostics provider announced a new financial strategy
It aims to make Ethereum the company’s main reserve asset
The goal is to achieve the largest ETH balance among companies listed on the Hong Kong Stock Exchange
LAYERZERO PLANS TO ACQUIRE STARGATE FOR 110 MILLION USD
The LayerZero project has made a proposal to acquire the Stargate protocol in an all token-based transaction
The planned acquisition is valued at 110 million dollars
The proposal is currently under discussion within the Stargate community
SENATOR WARREN AGAIN CALLS FOR CRYPTO MARKET REGULATION
US Senator Elizabeth Warren has again emphasized the need for comprehensive regulation of the cryptocurrency market
In her statement she stressed that the regulations should ensure adequate investor protection
This is another remark from an influential politician indicating ongoing regulatory pressure in the United States
UNIDENTIFIED INSTITUTION BUYS NEARLY 1 BILLION USD WORTH OF ETHER
On-chain data analysis indicates significant purchasing activity on the Ethereum network
In the past week an unidentified entity acquired Ether worth nearly 1 billion dollars
The scale of these purchases suggests market entry or position expansion by a large institution
MULTIBANK GROUP REPORTS RECORD REVENUE IN THE FIRST HALF OF THE YEAR
MultiBank Group announced record results for the first half of 2024 with revenue of 209 million USD
The company stated that its own token MBG has delivered a sevenfold return on investment since its launch
These results highlight the growing importance of cryptocurrency-based products in the strategies of financial sector companies
CEA INDUSTRIES BUYS BNB FOR 160 MILLION USD
CEA Industries listed on Nasdaq announced the purchase of 200000 BNB tokens
The value of the transaction was 160 million dollars
This purchase makes the company the largest publicly listed holder of BNB in the world
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