Blockchain Gaming

HK Asia Stock Surges with UTXO and Sora Ventures Acquisition

Sunday. January 26 at 2:00 AM

1 min. read

UTXO Management, in partnership with Sora Ventures, has acquired a majority stake in HK Asia Holdings Limited on the Hong Kong Stock Exchange, leading to plans for rebranding as Moon Inc. The move reflects a focus on Bitcoin, Web3, and fintech ventures. The stock has become the second-best performer on the exchange following the acquisition. The involvement of UTXO Management and Sora Ventures, known for their success in aiding Japan's Metaplanet, signals a strategic shift towards digital assets. The acquisition includes convertible notes worth 33,750,000 HKD, increasing the group's stake to around 74%. The company's rebranding and plans for Bitcoin and Web3 exploration align with the current market trends. Hong Kong's efforts towards Bitcoin integration and regulatory frameworks are seen as positive steps towards economic resilience and innovation. Additionally, Rumble's new crypto wallet aims to revolutionize creator payments and drive blockchain adoption, while Bitcoin miners continue to profit from higher prices.

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The Rise of Rollblock: A New Contender in the Memecoin Battle

Sunday. January 26 at 9:00 PM

Memecoins like Shiba Inu and PEPE have long been popular among crypto enthusiasts, but Rollblock is emerging as a promising investment option. While Shiba Inu focuses on ecosystem growth and PEPE thrives on hype, Rollblock offers a unique blend of gaming and decentralized finance. With a presale projected to grow by 880% and deliver 100x gains post-launch, Rollblock stands out for its innovative model that rewards token holders. Unlike its competitors, Rollblock provides a tangible utility-driven approach that ensures consistent financial benefits. With a user-friendly gaming platform and a transparent blockchain system, Rollblock is set for significant growth in 2025. Investors seeking a reliable and rewarding investment opportunity should consider Rollblock as a promising choice amidst the memecoin frenzy.

Blockchain Gaming

Exploring Blockchain for Government Spending Tracking and Bitcoin ETF Rule Change

Sunday. January 26 at 10:00 AM

Elon Musk's Department of Government Efficiency (DOGE) is reportedly investigating the use of blockchain to monitor US government spending, while Solana-based Jupiter acquires a majority stake in Moonshot. Nasdaq is proposing a rule change for BlackRock's spot Bitcoin ETF. The DOGE, led by Musk, aims to utilize blockchain to reduce the federal deficit and enhance payment security. Discussions with public blockchain networks have taken place to explore blockchain integration in government operations. Binance's CZ supports onchain tracking of government spending. Jupiter's acquisition of Moonshot, a memecoin purchasing app, has seen a surge in popularity, especially with the launch of TRUMP memecoin. Nasdaq's filing for BlackRock seeks in-kind creation and redemption for its Bitcoin ETF. The proposal allows for in-kind transfers of Bitcoin for fund shares creation and redemption. Additionally, six new crypto ETF applications were filed in the US on the same day.

Blockchain Gaming

Allegations Against Vitalik Buterin in $500 Million Gatecoin Hack

Sunday. January 26 at 7:00 AM

Recent reports suggest that an on-chain investigator has accused Vitalik Buterin, the Ethereum founder, of involvement in the $500 million Gatecoin hack in 2016. The investigator claims that funds from Buterin's Ethereum Foundation were transferred to the hackers' wallet. TruthLabs, a prominent crypto sleuth, alleges Buterin's direct role in Ethereum's first hack, resulting in a loss of over $500 million. The investigator revealed that the Gatecoin hacker's wallet received ETH from three sources, including the Ethereum Foundation and Ethereum's Genesis Block 0 account. Additionally, a wallet linked to core Ethereum developer Vlad Zamfir was implicated. Despite these claims, there has been no official response from Buterin or the Ethereum Foundation. TruthLabs also highlighted connections between Silk Road's Bitcoin and Ethereum's funding, criticizing Buterin for not supporting Ross Ulbricht's release. The investigator accused Buterin of lacking integrity for using Silk Road's Bitcoin to establish the Ethereum foundation without advocating for Ulbricht's release.

Blockchain Gaming