Wednesday, December 25, 2024
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K-Bank Buys Majority Stake in Thai Crypto Exchange Satang for $103M

“K-Bank is intensifying its efforts in the cryptocurrency sector, positioning itself alongside SCB. They are keen on offering a full spectrum of crypto services permitted in Thailand,” Udomsak Rakwongwan, a professor at Kasetsart University and the co-founder of FWX.finance, which K-Bank invested in, told CoinDesk. Source

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MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC

MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency.Michael Saylor, co-founder and executive chairman at MicroStrategy, took to X (formerly Twitter) on Sept. 25 to announce a 5,445 BTC purchase by

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Robinhood buys back $606m shares seized from Bankman-Fried

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robinhood successfully reclaims $606 million in disputed shares linked to FTX’s Bankman-Fried, resolving legal complexities and boosting stock performance. Robinhood has successfully reacquired 55.3 million shares from the U.S. Marshal Service in a deal amounting to $605.7

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Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI and Bitcoin mining

Nasdaq-listed Iris Energy has bought 248 state-of-the-art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative artificial intelligence (AI) in addition to its core business focus on Bitcoin (BTC) mining.The firm expects to receive delivery of the 248 GPUs in the coming months and plans

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