Author: Joseph Mutuma
Shiba Inu will migrate LEASH tokens using a fixed ratio system, and the process has been audited by Hexens for security. The migration happens in three phases, targeting different user groups from self-custody holders to cross-chain users. SHIB remains Ethereum-native, but the project plans expansion to Base and Solana networks using Chainlink’s technology. Shiba Inu has released comprehensive details about its LEASH token migration process. The cryptocurrency project outlined a three-phase approach to protect existing holders while maintaining ecosystem stability. Developer Kaal Dhairya confirmed the migration will use a fixed ratio model. This structure prevents supply dilution for current LEASH…
Metaplanet stock surged 17% after Nakamoto Holdings announced a $30 million investment, and the company raised $1.4 billion for Bitcoin purchases. The Japanese firm currently holds 20,136 Bitcoin and plans to add 11,000 more coins with the new funding. Technical analysis shows the stock may have bottomed at oversold levels after falling 70% from June highs. Metaplanet shares experienced a significant rally on Wednesday, climbing 17% on the Tokyo Stock Exchange. The surge marks a potential reversal for the Japanese Bitcoin treasury company after enduring a 26% decline last month. The stock movement followed two major announcements that renewed investor…
BitMine added 202,469 ETH worth $873 million and now holds $8.93 billion in Ethereum. The company invested $20 million in Eightco Holding as part of its new “Moonshot” strategy linking AI and digital identity. BitMine ranks as the 30th most traded US stock with $1.7 billion daily volume and remains the largest corporate Ethereum holder. BitMine Immersion has significantly expanded its cryptocurrency portfolio by acquiring 202,469 ETH worth over $873 million. The acquisition brings the company’s total Ethereum treasury to 2.069 million tokens, valued at $8.93 billion with ETH trading above $4,300. The company’s comprehensive crypto and liquid reserves now…
Nasdaq filed with the SEC to allow tokenized stock trading on its platform and wants these digital stocks to trade like regular stocks. Galaxy Digital became the first Nasdaq company to tokenize its shares, and other exchanges like Coinbase are already working on similar projects. The SEC’s approval could lead to 24/7 trading markets and bring traditional finance closer to blockchain technology. Nasdaq has officially filed a proposal with the Securities and Exchange Commission seeking approval to trade tokenized stocks on its exchange platform. The major stock exchange operator submitted a rule change request that would modify existing securities definitions…
Strategy bought 1,955 Bitcoin for $217.4 million and now holds over 638,000 Bitcoin worth $41.17 billion. The company was rejected from the S&P 500 index as Robinhood, AppLovin, and Emcor were chosen instead. MSTR stock dropped 2% in premarket trading despite Bitcoin climbing above $112,000. Strategy has maintained its aggressive Bitcoin acquisition strategy with another substantial purchase announcement. The crypto community was left disappointed as Strategy (Nasdaq: MSTR) couldn’t join the S&P 500 index after the rebalance on September 5. The company acquired 1,955 BTC for $217.4 million at an average price of $111,196 per Bitcoin. This latest purchase brings…