Crypto mining tech firm Bgin Blockchain files for $50M IPO in US
24 Feb 2025
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Singapore-based crypto mining rig manufacturer Bgin Blockchain Limited has filed to go public in the US in an offering that’s predicted to generate $50 million. In a Feb. 21 filing to the US Securities and Exchange Commission, Bgin said it would offer around 59.54 million Class A ordinary shares and 15.69 million Class B ordinary shares. Its…

Hong Kong investment firm’s board gives nod to more Bitcoin buying
24 Feb 2025
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HK Asia Holdings Limited has increased its Bitcoin holdings to nearly 9 BTC, just a week after the investment firm saw its share prices double after buying its first Bitcoin. HK Asia, a Hong Kong-based investment firm, said in a Feb. 23 announcement that its board “has approved the Company to further increase its investment in Bitcoin”…

Crypto startups can’t just rely on solid tech to win VC funding: OKX
24 Feb 2025
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Crypto startups need to have not only a strong tech infrastructure but have the “ability to read the market and pivot when needed” to be worthy of investment, according to the founder of OKX’s investment arm. “For founders looking to work with us — yes, your tech needs to be solid, but we’re equally interested…

Is Bitcoin a good investment for retirement?
23 Feb 2025
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Wait, what is Bitcoin again? Bitcoin is the first cryptocurrency — this is, essentially, money that allows people to send and receive payments directly to each other without relying on banks or governments.  Created in 2009 by an unknown person or group using the name Satoshi Nakamoto, Bitcoin introduced a new way to handle transactions online. It…

ETF approval will help Solana break the ‘memechain’ narrative

When Solana launched in 2020, co-founder Anatoly Yakovenko had the grand vision of becoming the Nasdaq on the blockchain — the home for onchain financial markets. Five years later, the memecoin trading activity we’re seeing on Solana is more akin to penny stocks than the tech giants that make up the Nasdaq index, like Apple…

Bybit exploit exposes security flaws in centralized crypto exchanges
23 Feb 2025
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Cryptocurrency exchange Bybit has suffered the largest hack in crypto history, losing more than $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other ERC-20 tokens. The attack highlights that even centralized exchanges with strong security measures remain vulnerable to sophisticated cyberattacks, analysts say. Blockchain security analysts, including Arkham Intelligence and onchain sleuth ZachXBT,…