Business – Page 230 – PK Press Club

Bitmine Immersion (BMNR) Upgrades to NYSE, Raises Share Repurchase Program to $4 Billion

Bitmine Immersion Technologies (BMNR) began trading on the New York Stock Exchange on Thursday, moving from the US NYSE as it expands its crypto-focused treasury strategy. The company coupled the hike with an increase in its stock repurchase program, raising the authorization to $4 billion from $1 billion. The buyout is among the largest announced […]

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US Treasury to move into crypto business following hacker warnings shared with traditional businesses

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The U.S. Department of the Treasury is opening up cybersecurity information sharing to crypto companies to help them ward off attacks as the industry becomes an increasingly important arm of the financial system, according to a statement released Thursday. Eligible crypto businesses and organizations – a status not yet clearly defined in the announcement –

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Kalshi now controls 89% of the US prediction market as regulated trading takes over

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Prediction markets are growing steadily in the United States, but a wave of legal disputes and changing competition are beginning to reshape the industry, according to a new report from Bank of America. Total weekly volume increased 4% week-over-week, the report said, with Kalshi – a federally regulated exchange – leading the gains at 6%.

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Potential Buyers Circle Winklevoss-Backed Crypto Exchange Gemini (GEMI)

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Potential buyers are considering acquiring parts of Gemini Space Station (GEMI), the crypto exchange backed by the billionaire Winklevoss twins, according to a person with direct knowledge of the matter. The New York-based company announced in February that it was reducing its global workforce by 25%, closing its operations in the United Kingdom, the European

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Securitize Appoints Former SEC Official Brett Redfearn as Chairman Ahead of Public Listing

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Securitize has named former U.S. Securities and Exchange Commission (SEC) official Brett Redfearn as president and member of its board of directors, adding his regulatory experience as the company prepares to go public this year. Redfearn, who previously led the SEC’s Trading and Markets division, will work with Securitize’s management team to expand its offerings

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Stablecoins Could Reach $719 Trillion As Crypto Adoption Accelerates

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Stablecoins are poised to become a fundamental part of global finance, with adjusted transaction volumes expected to reach $719 trillion by 2035, according to a new report released Wednesday by blockchain research firm Chainalysis. The growth, driven by adoption of organic products alone, signals a structural shift in how value flows across borders and in

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BTC reverses its first loss, surpasses $72,000 thanks to Middle East hopes

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What appeared to be a tough day in crypto markets turned positive after Israeli Prime Minister Benjamin Netanyahu said he had asked his cabinet to begin negotiations with Lebanon as soon as possible. This came after NBC News reported that President Trump had asked Netanyahu to reduce bombing in Lebanon because it threatened the ceasefire

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Q1 2026 Digital Asset Review

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In today’s newsletter, CoinDesk’s Joshua de Vos analyzes the performance of cryptocurrencies in the first quarter, highlighting the shifts in institutional demand and new regulatory clarity paving the way for the second quarter. -Sarah Morton Q1 2026 Digital Asset Review Digital assets closed the first quarter of 2026 under significant pressure, extending a slowdown that

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Trump’s World Liberty Financial borrowed millions from a protocol co-founded by his own adviser

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World Liberty Financial, the crypto firm co-founded by the Trump family, executed a series of trades through decentralized finance (DeFi) lending protocol Dolomite that raises questions about insider access, the economics of circular tokens and the concentration of risk for other depositors. Onchain records analyzed by CoinDesk, sourced from Etherscan, Arkham and publicly available wallet

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Galaxy’s Novogratz touts $15 billion Helios valuation in first Nasdaq annual letter

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Galaxy Digital (GLXY) founder and CEO Mike Novogratz highlighted the company’s key milestones in its 2025 annual report, marking its first 10-K filing as a Nasdaq-listed company. Novogratz described the listing as more than a milestone, calling it “a declaration that the digital economy is real and that Galaxy is built to lead it.” Over

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