Cryptocurrency Latest News & Updates
Capital B raises €7.6 million in Adam Back deal to expand Bitcoin treasury
Capital B has raised €7.6 million from strategic investor Adam Back through a new private placement that could fund the purchase of 376 more Bitcoin and take its holdings to 3,521 BTC. Summary Capital B raised €7.6 million from Adam Back through a private placement of 13.18 million shares with warrants attached. The company said the proceeds and ongoing operations could fund another 376 BTC, potentially taking its holdings to 3,521 BTC. Full ...
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Dunamu wins approval to use South Korea government data for Upbit KYC
Dunamu has become the first South Korean crypto exchange operator approved to use the government’s shared administrative information system, giving Upbit a new way to verify customer information during KYC checks. Summary Dunamu became the first Korean crypto exchange operator approved to use the government’s administrative information system. Upbit plans to use the service for KYC checks and reduce document submissions from customers. The ap...
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Bitcoin price hits $80,000 after 28% rally
Bitcoin crossed $80,000 on Aug. 25 for the first time in almost 15 weeks, extending one of its strongest short-term advances since 2021. Summary Bitcoin crossed $80,000 for the first time since May 15, extending its eight-day recovery sharply. Bitcoin gained roughly 38% from its late-June low below $58,000 as buyers returned to markets. U.S. spot Bitcoin ETFs attracted about $1.92 billion last week, their strongest intake since October. Treasury ...
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