Vancouver City Council has approved a motion aimed at making the city more supportive of Bitcoin. Mayor Ken Sim is pushing for this change to help protect the city’s financial stability against inflation. He believes incorporating Bitcoin into the city’s finances could be beneficial and has even promised to donate $10,000 worth of Bitcoin to ...
Tether’s recent report reveals that there are now 109 million on-chain wallets holding USDT, making it one of the most popular digital assets. This growth positions USDT in close competition with Ethereum, vastly exceeding Bitcoin’s wallet numbers. The report notes that USDT is heavily integrated into centralized platforms, with 86 million accounts receiving on-chain deposits ...
Sora Ventures has introduced a $150 million fund to help listed companies in Asia adopt Bitcoin treasury strategies, inspired by the successful MicroStrategy model. This approach allows companies to use Bitcoin as a reserve asset to improve their financial strategies and enhance shareholder value. Metaplanet, a Tokyo Stock Exchange-listed company, is already benefitting from this ...
