Author: James Wilson

Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase. In a Feb. 10 press release, the Tokyo-listed firm revealed that its board of directors has approved the plan to purchase Bitcoin worth JPY 1 billion (around $6.58 million) by May to expand its blockchain node operation business. Following the news, Gumi’s shares saw a 3.6% uptick, reaching ¥454 (about $3), according to Google Finance data. Gumi also unveiled that in Q2 of…

Wired’s article revealed text messages sent by Binance exec Tigran Gambaryan from Nigerian Prison during his 8-month detainment. Through text messages sent from a prison facility in Kuje, Nigeria, Gambaryan described his condition to journalist Andy Greenberg. He said that he was “essentially crippled” after his health took a turn for the worse. The Binance exec had grown weaker due to the horrible circumstances he faced in prison, as he suffered from a 104-degree fever and an old spine injury that had resurfaced. Gambaryan said he felt so frail and weak that at one point he “became convinced he was…

Chainlink price stabilizes as technicals and fundamentals signal a rebound. Chainlink (LINK) was trading at $18.80 on Monday, up 20% from its lowest level last week as the recent sell-off eased. LINK has several catalysts that may drive its price higher in the long term. It is the largest oracle provider in the crypto industry, offering solutions to major decentralized finance players such as AAVE and Compound. Chainlink has also become a key player in the real-world asset tokenization industry through its cross-chain interoperability protocol. CCIP is a secure interoperability network that enables token transfers and messaging across multiple chains.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market is heating up, and with Rollblock poised for huge growth, alongside Litecoin and Uniswap, these projects are set to deliver massive returns in 2025. The crypto market is once again heating up and Litecoin, Uniswap, and Rollblock (RBLK) look ready for a period of huge growth. Rollblock in particular is being tipped for an astonishing 50x rally as it has recently smashed through $10 million in assets under management. Here’s why these crypto projects could deliver…

Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports, citing people familiar with the matter. According to a Feb. 10 report, Morgan Stanley is now actively seeking crypto clients, while Bank of America is considering more deals, and Royal Bank of Canada wants to expand its crypto portfolio. The spark of interest comes as exchanges like Gemini and Bullish consider going public. Kraken and stablecoin issuer Circle have also…

Crypto exchange KuCoin’s expansion in 2024 saw record adoption in LATAM and MENA, driving its user base to nearly 40 million. KuCoin‘s user base hit 38 million in 2024, with the biggest growth in Latin America and the Middle East/North Africa, the exchange said in a press release shared crypto.news. More users in these regions jumped into spot and futures trading, driving the surge, KuCoin added. KuCoin says trading in MENA tripled from 2023, while Europe saw a 144% jump. The platform also added 300 new tokens in 2024, with over 30% listed in the last quarter. KuCoin’s futures trading…

James Howells is considering buying a public landfill where he claims a massive Bitcoin fortune might be buried, but local authorities plan to shut down the site after a court battle. Despite a court dismissal last month, early Bitcoin (BTC) miner James Howells is considering purchasing the landfill where he believes his lost cryptocurrency, now worth over £620 million ($768 million), is buried. The Newport, South Wales, resident sought a court order to excavate the site or receive $609 million in compensation from the Newport City Council. Howells’ claim revolves around a hard drive that his former partner allegedly discarded…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin (BTC) and digital assets had an excellent finish in 2024, with increasing usage, adoption, and investor interest growing throughout the year. So, what’s in store for 2025? Bitcoin has now taken the main stage. Interest from individuals, corporate entities, and governments is now on a substantial uptrend. With talks of countries such as El Salvador, Bhutan, and now the United States expanding strategic Bitcoin reserves and asset management firms acquiring 10s of billions of dollars in…

Berachain’s “Proof of Liquidity” model is under fire as early investors cash out, triggering a 63% price drop from its launch high. Berachain (BERA), the highly anticipated layer-1 blockchain, officially launched its mainnet on Feb. 6, introducing an ambitious “Proof of Liquidity” mechanism and one of the largest airdrops of the year. Berachain’s origins trace back to the Bong Bears NFT collection, a cannabis-themed project that launched in 2021.  Major exchanges, including Binance, MEXC, Upbit, and Bithumb, quickly listed BERA, fueling excitement around its ecosystem. As of Feb. 11, the project reached a total value locked of $3.1 billion just…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BitLemons is reshaping blockchain gaming with a revenue-driven model, attracting investors after its $1 million seed round. While Bitcoin-focused platforms show mixed results, the new GambleFi project is enriching the gaming sector. BitLemons (BLEM) continues to attract smart money following its $1 million seed funding round, with its revenue-generating platform setting new standards in blockchain gaming. BitLemons gains traction In a market dominated by theoretical solutions, BitLemons stands apart by delivering real revenue today. With comprehensive security audits from…