Capital B has secured €7.6 million from Blockstream CEO Adam Back to purchase additional bitcoin, aiming to strengthen its corporate treasury and increase long-term reserve assets.
Capital B has successfully secured €21 million through a private placement backed by TOBAM and Adam Back, with the funds earmarked to acquire approximately 270 additional bitcoins for its corporate treasury.
British investment firm Hargreaves Lansdown has reversed its previous stance to roll out bitcoin and crypto exchange-traded notes for retail investors, despite earlier warnings labeling the cryptocurrency as high-risk and volatile.
Hardware wallet maker Trezor revealed that a data breach involving third-party vendor ShipMonk is significantly larger than first estimated, exposing personal details for an additional 67,000 U.S. customers.
According to the IMF, El Salvador has not used public funds for its bitcoin reserves since its last loan review, acquiring the cryptocurrency entirely through private donations instead.
Bitcoin fell below $80,000 following an unexpectedly strong U.S. jobs report, which heightened concerns about potential Federal Reserve interest rate hikes and impacted the cryptocurrency market.
The National Sheriffs’ Association has withdrawn its opposition to the crypto Clarity Act, adopting a neutral stance as a Senate vote approaches this month to establish a digital asset regulatory framework.