The People's Bank of China increased its gold reserves by 20.2 metric tonnes in August, marking its largest monthly purchase since October 2023. This brought China's total official gold holdings to approximately 2,387 tonnes, continuing a 22-month streak of gold accumulation. The value of these reserves rose significantly by about $43.7 billion in August alone, reaching $350.08 billion. China's sustained gold buying reflects a strategic move to diversify reserves amid fluctuating gold prices and places it as the sixth largest gold holder globally.
Pretty Good Policy for Zcash (PGPZ), a new advocacy group for the privacy-focused cryptocurrency Zcash, has registered its first lobbyist, Divij Pandya, in Washington D.C. The group aims to influence policy on financial privacy, digital asset market ...
The cryptocurrency market rebounded from a $50 billion drop driven by macroeconomic factors, finishing the week nearly flat with a market cap close to $3 trillion. Bitcoin gained about 1%, closing at $85,500, while Ether rose slightly by 0.4% to $2,7...
A security agency has reported that a group called Revenue Family is allegedly involved in the unauthorized theft of USDG stablecoins. The report is based on forensic analysis but lacks public evidence such as transaction details or official statemen...
MicroStrategy has stopped issuing its preferred STRC shares, which raised nearly $2 billion in May, and is now funding Bitcoin purchases primarily through common stock sales and cash reserves. This shift reflects a change in strategy amid market cond...
First Graphene has signed a three-year agreement with Turkish prepreg manufacturer Aeropreg to develop and commercialize a graphene-enhanced carbon fibre prepreg using its PureGRAPH® technology. This collaboration aims to optimize graphene incorporat...
