Movement was reportedly one of the teams the Department of Government Efficiency representatives held conversations with about blockchain being used for government operations.
The company is also introducing a multi-asset liquidity program to provide the foundation for DeFi applications
Roughly 5 million Argentinians use crypto daily, according to Coinbase.
Based applications — bApps — will be able to leverage Ethereum validators directly from the layer-1, allowing them to avoid security and centralizing risks.
The expansion allows institutional investors to mint and redeem OUSG tokens around the clock using Ripple’s RLUSD stablecoin.
Bitcoin added 4% in the past 24 hours to trade around $103,000 in European morning hours, alleviating some of Monday’s losses.
On Monday, NVIDIA had the largest single-day market cap loss in history, erasing $465 billion in market cap.
As observed by many metrics, Monday’s capitulation in bitcoin looks like a textbook local bottom.
The acquisition of the site in Yguazú, Paraguay will increase the company’s hashrate to 25 EH/s from 6 Eh/s by September.
Metaplanet issued 21 million shares through 0% discount moving strike warrants raising 116 billion yen ($745 million) to increase bitcoin treasury.