BlockPress

BlockPress

Tron Inc. seeks $1B to grow TRX holdings as stock rallies

This former penny stock is experiencing a remarkable surge, boasting a staggering 1,300% rally following a recent merger. This dramatic increase in value highlights the significant market interest and investor confidence in the company’s future prospects. The driving force behind…

Big brands are sleepwalking when it comes to stablecoins

The burgeoning interest in stablecoins by major retail giants like Amazon and Walmart highlights a critical, yet often underestimated, risk: the potential exposure of vast amounts of customer data on public blockchains. While the allure of stablecoins – offering faster,…

Monero ‘economic attack’ receives strong community response

Monero (XMR), a privacy-focused cryptocurrency, is currently grappling with a significant challenge: a potential hashrate takeover attempt orchestrated by Qubic, a mining pool and cryptocurrency network spearheaded by Sergey Ivancheglo, the co-founder of Iota. This situation presents a complex issue…

Metaplanet adds 780 Bitcoin, now holds 17,132 BTC worth over $2B

Japanese cryptocurrency investment firm, Metaplanet, has significantly solidified its position as the leading non-US holder of Bitcoin, following a recent acquisition of 780 Bitcoin (BTC). This substantial purchase brings Metaplanet’s total Bitcoin treasury to an impressive 17,132 BTC, underscoring the…