BlockPress

BlockPress

Metaplanet plans to raise additional $3.7B to buy Bitcoin

A significant development in the cryptocurrency market involves a Japanese investment company’s ambitious plan to amass a substantial Bitcoin reserve. This strategy, executed through a carefully planned stock offering, aims to acquire 210,000 Bitcoins by the end of 2027. This…

Salvadoran President Nayib Bukele can now run for election indefinitely

El Salvador’s recent legislative actions have sparked significant controversy and raised concerns about the country’s trajectory towards authoritarianism. The National Assembly, controlled by President Nayib Bukele’s party, approved sweeping changes to the constitution, effectively paving the way for indefinite presidential…

Democrats press bank regulator on Trump stablecoin conflicts

Democratic senators have formally requested an explanation from Comptroller of the Currency Jonathan Gould regarding his planned approach to preventing potential undue influence from Donald Trump in the formulation of stablecoin regulations. Their concern centers on the potential for these…

Crypto hacks top $142M in July, with CoinDCX leading losses

The recent WOO X exchange hack highlights a critical vulnerability in modern cybersecurity: the susceptibility of development environments to sophisticated social engineering attacks. Rob Behnke, chairman of Halborn, a cybersecurity firm, revealed that the attackers behind the breach successfully exploited…