TALLINN, August 22, 2024—Ark Labs, a pioneer in innovative digital payments solutions, has today announced the successful completion of a $2.5 million pre-seed funding round led by visionary tech investor Tim Draper and his firm, Draper Associates. With participation from industry leaders Fulgur Ventures, Axiom Capital, and prominent

Tether has announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). The development of this stablecoin will involve a partnership with Phoenix Group PLC, a technology company based in the UAE, and will also be supported by Green Acorn Investments Ltd. The Dirham-pegged

In a move that could disappoint Democrats who understand and hold Bitcoin, the Democratic Party released their election platform document at their national convention on August 19th, 2024, with no mention of Bitcoin. This contrasts with the Republican election platform, released on July 9th, 2024, which, although general in nature

South Korea's National Pension Service (NPS) has invested $34 million in MicroStrategy, purchasing shares in the business intelligence firm known for its substantial Bitcoin holdings. According to a recent SEC filing, the NPS acquired 24,500 shares of MicroStrategy during the second quarter at an average price of

In a significant advancement in medical technology, a patient with amyotrophic lateral sclerosis (ALS) has regained the ability to communicate using a text-to-speech brain implant developed by Blackrock Neurotech.  This milestone highlights the potential of brain-computer interface (BCI) technology to transform the lives of individuals affected by severe neurological conditions.

Marathon Digital Holdings, a leading publicly traded Bitcoin mining company, recently expanded its Bitcoin holdings with a $249 million purchase, bringing the total to over 25,000 Bitcoin, valued at approximately $1.5 billion. On August 12th, the company announced a $250 million convertible note offering, which was increased to

Goldman Sachs disclosed $418 million in spot Bitcoin ETF holdings, reflecting a rising institutional interest in Bitcoin.  In their recent quarterly filing, the investment bank detailed its holdings across seven different U.S. Bitcoin ETFs, with the largest being nearly $240 million in BlackRock's iShares Bitcoin Trust (IBIT)

On August 9th, 2024, Celsius Network Limited, through the Blockchain Recovery Investment Consortium, LLC, filed a lawsuit against Tether Limited and certain affiliated entities in the United States Bankruptcy Court for the Southern District of New York.  Tether Will Defend Itself Against “Shake Down” Litigation Commenced by Celsius Learn more: