Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%.
Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
JPYC has raised a total of 6 billion yen ($38 million) through an extended Series B round, adding fresh corporate backing as the Japanese stablecoin issuer expands its payment network and Web3 financial services. JPYC Inc. announced on Wednesday that…
JPYC has raised $38 million as AZ-COM Maruwa backs stablecoin expansion in Japan
Guangdong has proposed expanding cross-border digital yuan payment pilots and other cross-border financial programs as part of a draft development plan for the China (Guangdong) Pilot Free Trade Zone. According to a draft of the China (Guangdong) Pilot Free Trade…
Guangdong free trade zone plan includes cross border digital yuan push
Even after the sale, Bezos still owns an 8.16% stake, making him Amazon’s largest shareholder.
Jeff Bezos sells nearly $350m in Amazon shares
A federal judge granted Utah summary judgment Tuesday, holding that the Commodity Exchange Act does not preempt the state’s anti-gambling laws as applied to Kalshi’s sports event contracts. The exchange says it will appeal to the Tenth Circuit, which would bring prediction-market appeals into seven of the 13 federal circuits. Shelby Finds Multiple Readings of […]
Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws
Fraudsters have begun impersonating European financial regulators and licensed crypto businesses to exploit customers moving funds after the European Union’s MiCA licensing deadline reshaped the regional crypto market. The Financial Times, citing European regulators, reported that several watchdogs have identified…
EU warns of crypto scams exploiting MiCA licensing transition
The delay gives marketplaces and merchants more time to adjust their systems and tax administration.
Indonesia pushes back ecommerce seller tax rule
The company said it would use the new capital to expand into more markets and invest further in its supply chain, technology, and category expansion.
Nexus Venture Partners leads HomeRun’s $12m round
Accell, based in the Netherlands, has owned the famous bike brand since 2012.
Raleigh owner starts insolvency proceedings
Ampotech combines AI software with zero-capex financing to help Asian factories and commercial buildings reduce their energy use by up to 48%.
Zero-capex AI to decarbonize Asian buildings
Which are the startups that are on the path to becoming the next big thing?
50 rising startups in Japan
US-listed Bitcoin ETFs attracted $244.4 million on Wednesday, marking three consecutive inflow days for a combined $626 million.
Bitcoin ETFs pull in $244M, 3-day inflow streak tops $626M
Schools have to follow new uniform rules in September, but almost half of parents don't know about the changes.
Half of parents don't know about school uniform rule change this September
A volunteer Bitcoin security initiative has identified 4,962 potential security issues across 390 Bitcoin-related projects during its first 29.8 hours of AI-assisted code reviews, with 720 classified as high or critical severity. According to Bitcoin developer Calle, the Bitcoin Red…