Enish, a Japanese, Tokyo Exchange-listed gaming company, has become the latest developer to announce plans to buy Bitcoin (BTC). The firm, which launched in 2009, said it would use its balance sheet to purchase 100 million yen ($667,260) worth of Bitcoin. Enish: Bitcoin Purchase to Complete by April 4 The Tokyo-based company, which has worked…
Key Takeaways: Binance’s leverage adjustments triggered cascading liquidations, leading to ACT’s sharp price drop. The ACT team emphasized the crash was market-driven, not due to project flaws. This incident has raised concerns about the risks of sudden exchange policy changes on token stability. Act I The AI Prophecy (ACT), a token associated with the eponymous…
Fidelity Investments is launching zero-fee retirement plans that will provide investors exposure to three major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The product is available to US citizens over 18 who reside in states where Fidelity Digital Assets supports crypto individual retirement arrangements (IRAs). The asset manager is offering three different IRA plans.…
Key Takeaways: Uncertainty clouds the exact timing and scope of Musk’s departure. The debate highlights tensions between corporate ambitions and public advisory work. The issue prompts reconsideration of role definitions in government advisory positions. Tesla founder Elon Musk will reportedly step away from his new role with the Department of Government Efficiency (DOGE) in the…
Crypto exchange Kraken has registered as a restricted dealer in Canada, allowing the exchange to continue offering crypto trading services to Canadian users under the country’s evolving regulatory framework. The registration, announced on Tuesday, comes after a multi-year process that required exchanges to meet higher standards for investor protection and governance. Kraken said it worked…
Ripple has integrated RLUSD into its enterprise-grade cross-border payments platform, Ripple Payments, amid a 118% monthly growth in its market cap. The move expands US-pegged RLUSD’s utility within Ripple’s global transaction infrastructure and coincides with the token’s listing on Kraken, further increasing access to institutional and retail users. Based on Artemis data, RLUSD’s market cap…
The Sam Altman-backed global identity verification project Worldcoin has kept dropping in the past few days after an unexpected surge catalyzed by the inclusion of an image-generation feature for ChatGPT. On March 25, OpenAI, the AI company headed by Altman, made the headlines after it rolled out a GPT-4o-powered image generation tool that was quickly…
Circle Internet Group filed for a long-awaited initial public offering with the US Securities and Exchange Commission on April 1. In its S-1 form, the company outlined plans to list its stock on the New York Stock Exchange under the symbol CRCL. The firm, which issues the second-largest stablecoin by market capitalization, USDC, also posted steadily…
US President Donald Trump announced reciprocal tariffs against every country with a trade relationship with the US. Trump said the US would enact varying tariff percentages against each country based on the tariffs they impose on American goods. The news led to a significant spike in volatility across major markets, including crypto, which saw the…
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Vana launches token standard Hashgraph to debut private blockchain ASICs will look more like servers An interview with Gensyn’s Ben Fielding This article is featured in the latest issue of The Protocol, our…