Wintermute founder Evgeny Gaevoy initially stated on social media that his over-the-counter (OTC) trading platform, catering to institutional and high-volume traders, had nearly sold out of its ETH holdings. He later clarified to Wu Blockchain that the statement was a joke.
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Pakistan & El Salvador are exploring a Bitcoin partnership! A Letter of Intent was signed to collaborate on BTC adoption, financial practices & policy. Pakistan aims to learn from El Salvador’s experience & has allocated 2000MW of electricity to BTC mining & AI. #Bitcoin #ElSalvador #Pakistan
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Malaysia launches its first Blockchain Week (MYBW)! 🇲🇾 Ministers highlight blockchain's potential for trust, efficiency & digital growth. Expect hackathons, pitches & regulatory discussions – aiming to boost the region as a digital hub. #blockchain #Malaysia #Web3
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Binance Alpha has integrated ORDER, a permissionless liquidity layer for web3 trading, according to a recent announcement. The platform, as detailed on its website, aims to facilitate seamless transactions within the decentralized web.
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Thailand’s DV8, a publicly listed company, raised $7.4M in its first funding round to become Southeast Asia’s first “crypto treasury” firm, following MicroStrategy & Metaplanet’s Bitcoin strategies. DV8 will increase Bitcoin holdings to boost per-share value. #Bitcoin #crypto
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Wintermute, a leading crypto market maker, announced that its over-the-counter (OTC) platform has nearly sold out of Ethereum (ETH) for institutional and high-volume traders, according to a recent post by founder Evgeny Gaevoy.
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Infini hacker (Feb '25 $49.5M breach) is converting stolen ETH to DAI. ~$5.87M DAI exchanged so far, per SlowMist. #Infini #hack #crypto
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UK crypto market maker B2C2 is looking to raise up to $200M, partly to allow majority shareholder SBI Holdings to reduce its stake. SBI took a 90% share in 2020. B2C2 is regulated by the UK FCA & has offices in London, US & Japan. (CoinDesk)
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Thailand is launching a regulatory sandbox allowing foreign tourists to easily convert crypto to Thai Baht (THB)! 🇹🇭 Visitors can exchange digital assets via licensed providers & use regulated e-wallets for payments nationwide. Designed for short-term visitors. More info via Bangkok Post.
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KUN, a stablecoin payment platform, raised $50M+ in Series A funding led by BAI Capital & GSR Ventures. Operating in Hong Kong, Singapore & Europe, KUN targets emerging markets like Southeast Asia & Latin America. 🚀
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