Finance

ZKsync Proposal Aims to Tie $ZK Token to Network Revenue

The creator behind the layer-2 has unveiled a proposal to transform its $ZK token from a governance instrument into a token with real economic utility.

(Element5/Unsplash)

U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks

The Treasury Department sanctioned eight individuals and two entities accused of using crypto and shell companies to funnel millions into Pyongyang’s weapons programs.

North Korean flags waving in the wind.

Bitnomial Adds RLUSD and XRP as Margin Collateral, Expanding Crypto Derivatives Offerings

The company will become the first U.S.-regulated clearinghouse to accept stablecoins as margin collateral.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay)
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Donut Labs Raises $15M Seed Funding to Build AI-Powered Crypto Trading Browser

Donut Labs has now raised $22 million across a pre-seed and seed funding round in the last six months.

16:9 Donuts (congerdesign/Pixabay)

Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy

The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Tom Lee's BitMine Immersion Acquires Additional $300M in Ether, Bringing Holdings to $13.7B

The company's 3.4 million of ETH tokens represents just shy of 3% of the total supply.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Michael Saylor's Strategy Added $45M in Bitcoin to Holdings Last Week

The firm mostly funded the fresh buys with sales of common stock.

Executive Chairman of Strategy Michael Saylor

RETRACTION: YZi Labs, Animoca, Gate.io Did Not Take Part in Standard Money Fundraising Round

A company release said Standard Money raised $8 million and named YZi Labs, Animoca, Gate.io and Crypto.com as participating, claims that three of the four companies denied.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)