In recent developments, the Rosseti group [the company, which manages electricity distribution in Russia] reported significant losses due to illegal connections by "black" miners, totaling over 1.3 billion rubles in 2024.  Per Tass media local coverage, the most substantial losses were incurred by Rosseti North Caucasus, which faced damages exceeding 600 million rubles, followed by…

Jane Street has quietly acquired over 5% stakes in Coinbase, MicroStrategy, and Iris Energy, signaling rising institutional confidence in crypto investments. Jane Street Strengthens Crypto Holdings in Strategic Move Jane Street, a leading proprietary trading firm and liquidity provider, has discreetly acquired more than 5% ownership stakes in three major cryptocurrency-related companies Coinbase (COIN), MicroStrategy…

Adecoagro S.A. (NYSE: AGRO), a prominent sustainable production company in South America, announced on February 18, that its Board of Directors received an unsolicited non-binding acquisition proposal from Tether Investments S.A. de C.V.  The proposal, dated February 14, 2025, offers to acquire all outstanding common shares of Adecoagro at a price of $12.41 per share,…

Popular trading platform Robinhood plans to introduce crypto products to Singapore this year, subject to the completion of its acquisition of Bitstamp Cryptoexchange.  Robinhood, the app widely recognized by global traders, has pivoted into crypto in recent years. The Platform has looked to expand its hold on the sector by acquiring some crypto-focused startups like…

Argentine President Javier Milei stirred the hornet's nest with a recent interview where he attempted to explain his role in the $Libra memecoin debacle.  President Milei, an economist, used his official X page to promote information about a memecoin known as $Libra. The memecoin dumped a few hours after launch, wiping out $4 billion in…

GungHo rejects shareholder demands to adjust CEO compensation, despite declining profits and financial performance issues.

Ripple USD (RLUSD) stablecoin reaches 120 million tokens, expanding its presence on XRP Ledger and supporting XRP’s price growth.

Italy’s central bank and securities regulators are in dialogue with top crypto service firms in the country to address cybersecurity challenges and crypto-associated risks.  The development was made public by the Bank of Italy’s Governor Fabio Panetta while speaking at the 31st Assiom Forex Congress on Feb. 15. The Bank Governor made a case for…