Company

OKX Fined $1.2M by Malta for Breaching Money Laundering Rules

OKX’s Europe company—also known as OKCoin Europe, a subsidiary of crypto exchange OKX—was fined 1.05 million euros ($1.2 million) by Malta’s financial watchdog on Thursday for breaching the country’s money laundering rules. The Financial Intelligence …

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GameStop Bitcoin Pivot Spurs Social Media Chatter as Stock Soars 16%

Shares of GameStop (GME) traded 16% higher on Wednesday after the company announced that it would start buying bitcoin (BTC) to add to its balance sheet. The gaming retailer reported holding $4.8 billion in cash during its fourth-quarter earnings on …

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KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure

The stock could be eligible for S&P 500 index inclusion evvel it adopts updated FASB accounting standards, the report said.

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Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company

Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.

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Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.

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MicroStrategy’s Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm’s convertible debt, the report said.

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Stripe’s $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle

Bridge acquired Triangle for an undisclosed amount.

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Michael Saylor’s MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years

The company reported its third quarter earnings results after the close of trading on Wednesday afternoon.

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