Bitget Burns 30M BGB Worth $138 Million for Q2 2025
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This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, 10th July, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is set to burn 30,001,053.1 BGB (2.56% of total supply) tokens for the second quarter of 2025, equivalent to approximately $138 million based on the Q2 2025 average price. This brings the […]

Bhutan’s $1.3B Bitcoin Trove Stirs as 213 BTC Hits Binance Wallet
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Onchain data reveals that the Royal Government of Bhutan and Druk Holdings just shifted roughly 213.5 BTC to a Binance deposit address—marking their first bitcoin move since late June. Bitcoin-Rich Bhutan Transfers Millions—Third-Largest Nation Holder on the Move After Thursday morning’s transaction, the Royal Government of Bhutan now holds 11,711 BTC, valued at $1.32 billion. […]

IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule
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The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified Finalized in December 2024, the rule sought to widen broker reporting under Section 6045 of the tax code […]

Bitcoin Breakout Leaves Short Sellers in Tatters
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The cryptocurrency’s price hit a new all-time high and climbed past $113K on Thursday afternoon, leaving bearish short sellers bleeding to the tune of $302M. Bitcoin Soars Past $113K, New Level Unlocked Just a day after California-based chipmaker Nvidia (Nasdaq: NVDA) became the first company to reach a $4 trillion market capitalization on Wednesday, bitcoin […]

INPUT Global, Sumsub, and Paybis United Web3 Leaders for Practical Scaling at EthCC Reality Layer
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This content is provided by a sponsor. PRESS RELEASE. As the Web3 community gathered in Cannes for EthCC, leading firms INPUT Global, Sumsub, and Paybis successfully hosted “Reality Layer: Scaling Business In Real Time” on July 2, 2025. The exclusive event, held at La Terrasse du Gray d’Albion, drew a curated crowd of over 160 […]