Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.
The cryptocurrency token MANTRA (OM) experienced a dramatic drop in value, losing 98% of its worth in just under an hour. This sudden crash caused more than $6 billion to disappear from its market cap, with the price plummeting from nearly $6 to around $0.57. Many traders were unable to react in time to sell their holdings before the value collapsed. As news of the crash spread, users on the
Tether, a stablecoin issuer, made headlines with its impressive $13 billion profit last year. This figure surpasses many well-known financial firms, including Goldman Sachs. Despite having no official approval from U.S. regulators and a small workforce of fewer than 200 employees, Tether is making a bold bet on the U.S. dollar. As tariffs imposed by Donald Trump disrupt the global economy, Tether aims to strengthen the dollar’s presence worldwide. CEO
Justin Sun, the founder of Tron, issued a warning today about First Digital Trust (FDT), claiming it is insolvent and cannot meet client redemptions. He urged users to secure their assets and called for swift action from Hong Kong regulators to prevent further issues. Sun’s post highlighted concerns about Hong Kong’s reputation as a financial center, citing weak oversight in trust licensing and risk management. This warning followed recent court
GameStop Corp. plans to raise $1.3 billion through a convertible bond offering to buy Bitcoin. This strategy is inspired by Michael Saylor, a well-known crypto advocate. The company’s board has approved adding Bitcoin to its treasury reserves, marking a significant change in its approach. The bond sale is intended for general corporate purposes, including the Bitcoin acquisition. This move puts GameStop in line with other public companies that are using
GameStop has officially added Bitcoin to its balance sheet. This decision was confirmed during its fourth quarter earnings release. The company’s board of directors unanimously approved this move, which aligns with earlier reports about GameStop’s plans to invest in Bitcoin and possibly other cryptocurrencies. Following the announcement, GameStop’s shares rose by over 6% in after-hours trading. Bitcoin itself remained stable, trading just below $88,000. GameStop has not revealed how much
Binance has introduced a community voting process that allows users to choose which tokens will be listed on the exchange. In the first round, nine meme coins are competing, with two winners set to receive full listings. Among the contenders are Mubarak and two Broccoli-themed tokens, both of which are generating a lot of interest. This initiative aims to engage users in the listing process, creating excitement and some debate.
VanEck, a major asset management firm with over $113 billion in assets, plans to establish a Bitcoin investment fund in Vietnam. CEO Jan van Eck met with the State Securities Commission (SSC) to discuss digital assets. He suggested that Vietnam should adopt a cautious, step-by-step approach to managing this market. VanEck aims to partner with SSI Securities, led by Chairman Nguyen Duy Hung, to create the Bitcoin fund. Jan van
VanEck, a global investment manager, has submitted a filing for an Avalanche exchange-traded fund (ETF) to the US Securities and Exchange Commission (SEC). This ETF aims to provide investors with direct exposure to the Avalanche smart contract platform. The news was highlighted on March 14 by Bloomberg analyst James Seyffart, who has been tracking the crypto ETF landscape. The VanEck Avalanche ETF is designed to reflect the performance of the
El Salvador’s opposition party, ARENA, is expressing serious concerns about President Nayib Bukele‘s ongoing Bitcoin purchases. They warn that these actions could threaten a $1.4 billion loan agreement with the International Monetary Fund (IMF). Despite the opposition’s warnings, Bukele shows no signs of stopping the country’s Bitcoin acquisitions. Since Bitcoin became legal tender in El Salvador, the government has increased its Bitcoin holdings significantly. Bukele claims this strategy will enhance
1inch successfully recovers most of the stolen $5 million. 1inch recently experienced a serious security breach that led to the theft of millions in digital assets. Fortunately, after quick talks with the hacker, the platform was able to recover most of the stolen funds. The hacker agreed to return a large part of the money, keeping some as a bug bounty for their help. This event highlights the weaknesses in
The Cardano Foundation is teaming up with Brazil’s state-owned IT company, SERPRO, to introduce blockchain technology into the country’s public sector. This partnership aims to modernize Brazil’s digital infrastructure. SERPRO handles 90% of Brazil’s federal public administration and processes around 33 billion transactions each year. This collaboration is a big step towards improving digital governance and promoting blockchain use in government. Brazil is recognized for its digital governance, ranking second
Sam Bankman-Fried, the former CEO of FTX, recently gave his first video interview from prison with Tucker Carlson. He is serving a 25-year sentence for his role in the collapse of FTX. In the interview, he defended his actions and beliefs, claiming that FTX would still be successful if not for outside interference. He stated that the exchange could have had $93 billion in assets, contrasting with its $15 billion