Author: driver789

South Korea’s Naver Financial has pushed back the timeline for its planned share swap with Dunamu, the operator of crypto exchange Upbit, according to a regulatory filing posted on Monday. In a filing with the Financial Supervisory Service (FSS), the company said it expects to hold a shareholder vote on Aug. 18 and complete the transaction on Sept. 30, marking a roughly three-month delay from earlier target dates of late May or early June.Naver Financial’s plans to acquire Dunamu were first revealed in September 2025, as local news agencies Yonhap and Chosun reported the company was preparing a share swap to…

CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person.The National Football League (NFL) has reportedly sent letters to Kalshi, Polymarket and other prediction market platforms in an effort to block the companies from offering trades on football events that can be easily manipulated or determined in advance. According to a Monday ESPN report, the letters to the prediction market companies said that the NFL objected to certain types of event contracts offered on the platforms, including those that could be easily…

Bitmine Immersion Technologies has lifted its ether holdings to 4.73M ETH, staking $6.3B at a $2,005 reference price as it doubles down on Ethereum’s yield. Summary Ethereum treasury firm Bitmine Immersion Technologies added 71,179 ETH last week, lifting its holdings to about 4.73 million ETH. The company now stakes 3,142,643 ETH, worth roughly $6.3 billion at a reference price of $2,005 per ETH. Bitmine also holds 197 BTC plus equity stakes of $102 million in Eightco Holdings and $200 million in Beast Industries. Ethereum treasury company Bitmine Immersion Technologies has quietly become one of the largest known ether holders in…

I did not expect to feel this way.By most measures, we are in the middle of a historic crypto winter. Prices have been low. Sentiment has been even lower. If you’re looking for the kind of market euphoria that typically makes conference season feel electric, you won’t find it in the charts right now.And yet I have never been more excited about a Consensus event.I have run Consensus since 2021, long enough to know the difference between manufactured hype and a genuine inflection point. This is a genuine inflection point.The price narrative has been noisy, but the infrastructure narrative has…

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…

Decentralized finance (DeFi) lending platform Aave has launched its V4 protocol on Ethereum after a binding onchain governance vote cleared its deployment. On Monday, Aave announced the launch of its V4 protocol on Ethereum, introducing infrastructure designed to “expand onchain markets into real-world credit markets.” The company said this includes structured lending, fixed-rate borrowing and tokenized asset-backed credit.The rollout follows a Snapshot vote that gained near-unanimous support for a subsequent Aave Improvement Proposal (AIP), a binding onchain vote that opened on March 26 and closed on Sunday. The proposal passed with about 433,000 votes in favor, or roughly 60%, versus about…

Square, the payments platform owned by Block, has begun automatically enabling bitcoin payments for eligible U.S. sellers starting today, marking a major expansion in the company’s push to integrate bitcoin into everyday commerce. The move, touched on by Square product lead Miles Suter on X, shifts the feature from an opt-in tool introduced in late 2025 to a default setting now activated across millions of merchants.  Sellers will still receive USD as their default settlement currency, with bitcoin payments seamlessly converted in the background.  Square first unveiled its “Square Bitcoin” initiative in October 2025, introducing integrated bitcoin payments and wallet…

Strategy, led by Michael Saylor, has paused its weekly Bitcoin purchases for the first time in over a year. The company did not make any new purchases this past week, keeping its total Bitcoin holdings at 762,099 BTC ($66,525.00 · Live). The current market value of the total BTC held by the company is estimated at approximately $51.6 billion, representing more than 3.6% of the total circulating supply. As of March 29th, Strategy’s total cost basis was approximately $57.69 billion, with an average purchase price of $75,694 per Bitcoin. Related News: BREAKING: Fed Chair Jerome Powell Is Making Hot Statements…

Global payments infrastructure provider Nium has launched a platform that allows businesses to issue stablecoin-funded cards through Visa and Mastercard, in the latest development enabling digital dollar balances to be spent at merchants using existing card networks.Nium said the system converts stablecoin balances into fiat at the point of sale and handles settlement, compliance and card network integration through a single integration.The tech company said it expects to be able to shorten the time required to launch stablecoin card programs from months to days by consolidating conversion, settlement and compliance into a single integration layer.Consultancy Bain & Company said recently…

The Ethereum Foundation has staked over $46 million worth of ether in its largest single-day allocation, while continuing to rotate parts of its treasury through sales. Summary Ethereum Foundation has staked 22,517 ETH worth over $46 million in its largest single-day deposit into the Beacon Chain. The move has followed a 2025 treasury strategy to deploy holdings for yield. On-chain data from Arkham Intelligence shows the foundation transferred 22,517 ETH (ETH) to the Ethereum Beacon Deposit Contract at around 1:38 a.m. ET on Monday.  The contract is used to lock ETH into the network’s proof-of-stake system, where it helps validate…