Waraba Gold Limited announced it will settle a portion of its quarterly management fees totaling US$61,560 through issuing common shares starting June 30, 2026. Additionally, accrued fees of US$12,817.97 for a prior period will also be settled with shares. The shares issued will be priced based on a formula involving exchange rates and market prices, subject to a holding period. The company also granted 2 million stock options to a consultant, exercisable at a price not less than C$0.05, with a five-year expiry and immediate vesting. These transactions are related party dealings but are expected to be exempt from formal valuation and minority shareholder approval due to their size relative to the company's market capitalization. This move helps conserve cash while aligning management and consultant interests with shareholders.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
