Tag: Million

OpenSea CMO refutes rumors of a $150 million SEA token sale on Coinbase

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Key Takeaways OpenSea’s executive has denied rumors of a $150 million SEA token sale on Coinbase. The SEA token will launch in 2026 with core roles in governance, rewards, and NFT staking. Share this article OpenSea Chief Marketing Officer Adam Hollander has denied a widespread rumor that the NFT marketplace was planning a $150 million SEA token sale on Coinbase, describing the circulating post as “fake.” Speculation arose after a parody X account stated that Coinbase had deleted a social post teasing a $150 million SEA token sale, leading to…

Cardano seeks 70 million ADA from Treasury for core infrastructure buildout

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Key Takeaways Cardano proposes allocating 70 million ADA from its Treasury to support key ecosystem infrastructure by 2026. The initiative targets core integrations such as stablecoins, institutional custody, cross-chain bridges, and analytics to strengthen Cardano’s DeFi and real-world asset capabilities. Share this article A coalition of key Cardano organizations has jointly submitted a budget proposal seeking 70 million ADA from the Treasury to fund critical integrations considered vital to the network’s 2026 growth plan. The collaborative effort is led by Input | Output, EMURGO, the Cardano Foundation, Intersect, and the…

Analyst Predicts XRP Price Will Hit $100 Before Bitcoin Hits $1 Million

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A crypto analyst has issued a decisive projection that challenges the long timelines often associated with major price milestones for Bitcoin. His outlook was presented in response to the ultra-bullish forecasts from Michael Saylor and Jack Mallers, who have spoken openly about the possibility of Bitcoin reaching between $1 million and $20 million per coin.  Rather than focusing on Bitcoin’s distant targets, the analyst directed attention to XRP, insisting that XRP will reach $100 long before Bitcoin touches the seven-figure mark. Analyst Says XRP Will Reach $100 Before Bitcoin’s Million-Dollar…

Chainlink Reserve on track to reach 1 million LINK amid steady accumulation

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Key Takeaways Chainlink Reserve has accumulated over 973,700 LINK tokens in over three months. This reserve operates autonomously, converting revenue from off-chain and on-chain network activities into LINK. Share this article Chainlink Reserve has accumulated over 973,700 LINK tokens to support network growth, the decentralized oracle network announced today. It is on track to reach the one million milestone. RESERVE UPDATE Today, the Chainlink Reserve has accumulated 89,079.05 LINK. The Chainlink Reserve now holds a total of 973,752.70 LINK.https://t.co/oxMv5N3rFC The Chainlink Reserve is designed to support the long-term growth and sustainability of…

DWF Labs Launches $75 Million Fund Targeting Institutional Phase Of DeFi

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Crypto market maker and Web3 investment firm DWF Labs says it is investing up to $75 million in decentralized finance projects that could support institutional adoption.  The firm shared its announcement via X on Wednesday, saying the fund will support projects with “innovative value” propositions that can scale to support large-scale adoption.   “The initiative will target blockchain projects building dark-pool perpetual DEXs, decentralized money markets, and fixed-income or yield-bearing asset products, […] areas the firm believes are poised for major growth as crypto liquidity continues its structural migration onchain,” DWF Labs…

Nasdaq ISE proposes to raise BlackRock IBIT options trading limits from 250,000 to 1 million

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Key Takeaways Nasdaq ISE is seeking SEC approval to increase the position limits for BlackRock’s IBIT, allowing bigger trades for institutional investors. IBIT is a Bitcoin-holding ETF listed on the Nasdaq Stock Market, and ISE received SEC approval to list IBIT options last September. Share this article Nasdaq ISE, LLC (ISE) has proposed rule amendments to increase the position and exercise limits for options on the iShares Bitcoin Trust (IBIT) from 250,000 contracts to 1,000,000 contracts. The fund, managed by BlackRock, provides investors with exposure to Bitcoin through traditional brokerage…

Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale

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Key Takeaways Conor McGregor accused Khabib Nurmagomedov of scamming fans with a $4.4 million NFT sale themed around Dagestani culture. Nurmagomedov defended the NFT drop as a legitimate celebration of tradition, calling McGregor’s claims false and retaliatory. Share this article UFC star Conor McGregor publicly blasted longtime rival Khabib Nurmagomedov after the retired champion dropped a series of papakha-inspired NFTs, digital versions of the traditional Dagestani hat he made famous during UFC fight nights. Social media posts claimed the release generated around $4.4 million, and after the sale, Nurmagomedov deleted…

Thailand Orders World To Delete 1.2 Million Iris Scans

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Authorities in Thailand have officially requested World, a Sam Altman-backed digital identity project, to suspend operations and delete all user identification data. Thailand’s Economic and Social Development Board, the country’s strategic planning agency, has ordered World to delete iris scans of 1.2 million local users, according to a statement by the Ministry of Digital Economy and Society (MDES) on Monday. The order detailed that World’s iris scanning in exchange for its Worldcoin (WLD) token violated Thailand’s Personal Data Protection Act, which governs the collection, use and disclosure of personal data.…

Texas becomes first US state to buy $10 million in Bitcoin for strategic reserve

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Key Takeaways Texas acquired $10 million in BTC on Nov. 20 as part of its newly approved Strategic Bitcoin Reserve initiative. The state made the initial purchase through BlackRock’s IBIT ETF, with plans to self-custody in the future. Share this article Texas has become the first U.S. state to purchase Bitcoin for its treasury, acquiring $10 million worth of BTC on November 20 as part of its newly established Strategic Bitcoin Reserve. The initial buy was executed through BlackRock’s spot Bitcoin ETF, IBIT, at an average price of approximately $87,000…

Exodus Uses Bitcoin to Fund $175 Million Onchain Payments Push

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Crypto wallet provider Exodus plans to use its Bitcoin reserves to finance a major push into onchain payments, striking a $175 million deal to acquire W3C Corp, the parent company of payment infrastructure providers Monavate and Baanx. The agreement, announced on Monday, marked a major shift in strategy for the NYSE-listed company. By bringing Monavate and Baanx in-house, Exodus aims to become one of the few self-custodial wallets to control the entire payments stack, from crypto storage to card issuance. “By bringing card and payments infrastructure in-house, we are closing…