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Hong Kong’s Boyaa Interactive eyes $70M crypto treasury expansion

Hong Kong-based gaming company Boyaa Interactive is planning to expand its cryptocurrency treasury by $70 million. The company aims to diversify its assets and enhance its investment strategy in the digital currency space. This move aligns with the growing interest in cryptocurrencies among traditional businesses. Boyaa's decision reflects a broader trend of companies exploring blockchain technology and digital assets for potential growth and innovation.

Read the full article: Coin Telegraph

It might be too late for bitcoin’s quantum migration, Project Eleven report argues

A recent report by Project Eleven suggests that Bitcoin's transition to quantum-resistant technology may be too late to effectively safeguard the network from potential threats posed by quantum computing. The report highlights that advancements in quantum technology could compromise Bitcoin's cryptographic security within the next decade.

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

An aspiring prediction market provider argues that sports betting should be regulated as a financial product rather than as gambling. This perspective is based on the belief that sports betting shares similarities with financial markets, including risk assessment and investment strategies. The provider emphasizes the need for a regulatory framework

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Trump Media & Technology Group reported a widening loss of $406 million in the first quarter, primarily due to markdowns related to its cryptocurrency investments and its Chief Revenue Officer. The company's financial struggles are attributed to the volatility in the cryptocurrency market, which has significantly impacted its

Banking Industry Says Clarity Act Stablecoin Proposal Would Enable 'Evasion'

The banking industry has expressed concerns that the Clarity Act's proposal for stablecoin regulation could facilitate evasion of existing financial regulations. Industry representatives argue that the act would create loopholes that allow stablecoin issuers to bypass necessary oversight, potentially undermining the stability of the financial system. They emphasize

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It might be too late for bitcoin’s quantum migration, Project Eleven report argues

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Banking Industry Says Clarity Act Stablecoin Proposal Would Enable 'Evasion'