English

NewsBriefs - Eric Trump joins Metaplanet's Strategic Board of Advisors

Editor-curated news, summarized by AI

  • Metaplanet

    Eric Trump joins Metaplanet's Strategic Board of Advisors

    Eric Trump has joined the Strategic Board of Advisors at Metaplanet to leverage his business expertise and passion for Bitcoin (BTC), aiding the company's growth as a leading Bitcoin treasury firm.

    Metaplanet

    • Latest

    • The Block

      Coinbase in advanced talks to buy Deribit

      Coinbase is in advanced talks to acquire Deribit, a leading platform for trading Bitcoin and Ether options. The discussions have involved notifying regulators in Dubai, where Deribit holds a license. Bloomberg sources suggest no final agreement has been reached yet, although earlier reports valued Deribit between $4 billion and $5 billion.

      Expand
      The Block

    • TON

      TON Foundation clarifies $400M in Toncoin held by top US VCs, not raised

      TON Foundation has clarified that it has not raised $400 million. Instead, leading US venture capital firms including Sequoia Capital, Ribbit, Benchmark, and Kingsway have invested this amount in buying Toncoin. These firms are supporting the TON blockchain, which powers apps within the Telegram ecosystem, with over 40 million active users and 121 million Toncoin holders. The investment was made in Toncoin rather than traditional equity or cash.

      Expand
      TON

    • Maiga.ai

      MAIGA partners with io.net to supercharge AI-driven trading analysis

      MAIGA has announced a partnership with io.net to utilize their IO Intelligence AI model, aiming to boost its AI-driven trading analysis. This collaboration will incorporate open-source AI models such as Deepseek R1 and Llama 3.3, offering MAIGA advanced tools for real-time market insights and predictive analytics, thereby enhancing decision-making and operational efficiency in token trading.

      Expand
      Maiga.ai

    • The New York Times

      Eminem's ex-employee charged with leaking 25 tracks for $50,000 in Bitcoin

      Joseph Strange, a former sound engineer for Eminem, was charged with copyright infringement and interstate transportation of stolen goods for illegally selling the rapper's unreleased tracks. Strange allegedly sold 25 songs, which Eminem wrote between 1999 and 2018, for about $50,000 in Bitcoin without consent from Eminem or Interscope Capital Labels Group. The US Attorney's Office for the Eastern District of Michigan stated the charges after authorities were alerted to the leaks by current employees. If convicted, Strange faces significant prison time and fines.

      Expand
      The New York Times

    • Metaplanet

      Eric Trump joins Metaplanet's Strategic Board of Advisors

      Eric Trump has joined the Strategic Board of Advisors at Metaplanet to leverage his business expertise and passion for Bitcoin (BTC), aiding the company's growth as a leading Bitcoin treasury firm.

      Expand
      Metaplanet

    • The Block

      Senate to hold confirmation hearing for SEC Chair nominee Paul Atkins on March 27

      The US Senate will conduct a confirmation hearing on March 27 for Paul Atkins, nominee for SEC Chair, known for his support of the crypto industry. Atkins, nominated by President Donald Trump, founded Patomak Global Partners and has ties with crypto exchanges and DeFi platforms. The hearing was delayed due to financial disclosure complications. Pending crypto-related decisions at the SEC, including reviews on spot crypto ETF proposals, could be influenced by Atkins' confirmation.

      Expand
      The Block

    • The Block

      OCC ends reputation risk supervision after backlash from crypto industry

      The Office of the Comptroller of the Currency (OCC) has ceased examining banks for reputation risk, a move influenced by criticism from the crypto industry. This change is part of broader efforts to improve transparency in the OCC's examination processes and ensure that banks can manage their own business decisions without undue influence from federal regulators. Additionally, the OCC has recently affirmed that crypto activities are permissible within the federal banking system, reversing previous restrictions. This comes amid legislative efforts to limit regulators' use of reputation risk in supervisory roles.

      Expand
      The Block

    • The Block

      Canary Capital seeks SEC approval for first Pengu ETF

      Canary Capital has filed with the US Securities and Exchange Commission for the first-ever Pengu ETF, marking an expansion in its crypto offerings. This ETF will focus on PENGU tokens and Pudgy Penguins NFTs, alongside other crypto assets like SOL and ETH. Canary is also pursuing altcoin ETFs for Sui, Hedera, and Litecoin. This comes as the SEC shows a more accommodating stance towards crypto ETFs, following previous approvals for Bitcoin and Ethereum spot ETFs.

      Expand
      The Block

    • The Block

      TON Foundation secures over $400 million in Toncoin sales with major VC participation

      The TON Foundation recently raised over $400 million through the sale of Toncoin, the native token of the TON blockchain, to top venture capital firms including Sequoia Capital, Ribbit, Benchmark, and Kingsway. These investments, fueled by the promising integration of TON blockchain within Telegram's messaging app ecosystem, aim to support the development of mini apps and leverage the mass distribution network of Telegram. Currently, the TON blockchain boasts 40 million active users and 121 million unique Toncoin holders.

      Expand
      The Block

    • The Block

      Gotbit founder agrees to forfeit $23 million in plea deal for market manipulation

      Gotbit founder Alex Andryunin will forfeit $22.9 million in stablecoins as part of a plea deal with the US Attorney for the District of Massachusetts, Leah B. Foley, over charges of wire fraud and crypto market manipulation. Andryunin pleaded guilty to charges including one count of conspiracy to commit wire fraud and market manipulation, and two additional counts of wire fraud. The deal includes a proposed sentence of up to 24 months with 36 months' supervised release, and bans Andryunin from any US crypto trading activities. His guilty plea cannot be withdrawn and sentencing conditions have yet to be determined.

      Expand
      The Block

    • Bloomberg

      Pakistan aims to legalize crypto to attract international investment

      Pakistan is planning to establish a legal framework for cryptocurrency to attract international investment and enhance its digital-asset ecosystem. The Pakistan Crypto Council, led by Bilal bin Saqib, is working on clear regulatory guidelines. Crypto already enjoys popularity in Pakistan, which ranks ninth globally in adoption with an estimated 15-20 million users. The move aligns with broader regional trends and reflects international influences, including current US crypto strategies.

      Expand
      Bloomberg

    • The Block

      Trump Media executives launch SPAC targeting US crypto and data security firms

      Executives from Trump Media have established Renatus Tactical Acquisition Corp I, a special purpose acquisition company aiming to acquire firms in the US crypto and blockchain sector, in alignment with the Trump administration's crypto regulatory changes. This SPAC, based in the Cayman Islands, plans to raise $178.9 million through the sale of 17.5 million shares. The management includes key Trump Media members, supporting President Trump's strategic move to create a bitcoin reserve to enhance the digital assets sector.

      Expand
      The Block

    • The Wall Street Journal

      Kraken approaches $1.5 billion acquisition of NinjaTrader

      Kraken is close to finalizing a $1.5 billion acquisition of NinjaTrader, a US retail futures trading platform. This move aims to expand Kraken's user base and venture into additional asset classes. The deal may be publicly announced by Thursday.

      Expand
      The Wall Street Journal

    • Cointelegraph

      DOJ charges filmmaker with misusing $11M from Netflix for crypto and stock gambles

      US federal authorities have charged filmmaker Carl Erik Rinsch with fraud and money laundering, alleging he misused $11 million from Netflix intended to produce the TV show "Conquest." Instead of financing the show, Rinsch is accused of making risky stock trades and profitable crypto transactions, using the gains to buy luxury items and vehicles. He could face up to 20 years in prison for each charge.

      Expand
      Cointelegraph

    • Blockworks

      Raydium launches LaunchLab, a token launchpad rivaling pump.fun

      Raydium, a Solana DEX and automated market maker, is unveiling LaunchLab, a token launchpad that mirrors functionalities of pump.fun. This strategic move follows the severance of an unofficial partnership with pump.fun, which recently developed its own AMM. LaunchLab will feature various bonding curves and allow third-party UIs to determine their own fees. The platform is part of Raydium's broader initiative to provide a suite of token creation tools, targeting users and teams seeking alternatives to developing their own solutions. Despite previous financial setbacks, Raydium persists with significant reserves to fund such innovative endeavors.

      Expand