Genius Group cites GENIUS Act as it boosts Bitcoin stash to 200 BTC

Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act.

Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act.
CNBC reported Thursday {that a} group of House Democrats are urgent the Treasury Department to look at potential conflicts of curiosity and nationwide safety dangers tied to World Liberty Financial (WLFI), the crypto enterprise related to the Trump household. Security Concerns Over Trump-Linked Crypto Venture In a letter despatched Thursday to Treasury Secretary Scott Bessent,…
US-traded spot Ethereum exchange-traded funds (ETFs) recorded persistent outflows throughout late September and mid-October, intervals that coincided with relative weak spot within the ETH/BTC ratio. Yet, non-US inflows and continued staking progress blunted the price affect, suggesting the headwind is episodic somewhat than structural. The query of whether or not ETF redemptions drive Ether’s underperformance…
Earlier this week, Roger Ver entered a deferred-prosecution agreement that ended his April 2024 indictment on mail fraud, tax evasion, and false-return fees. Ver, also called “Bitcoin Jesus,” admitted he willfully failed to report all his Bitcoin (BTC) holdings when he renounced US citizenship in 2014, paid $49.93 million in again taxes, penalties, and curiosity,…
Harvard Management Co. (HMC) reported a position in BlackRock’s iShares Bitcoin Trust (IBIT) worth $116,666,260. According to a Form 13F filed with the US Securities and Exchange Commission (SEC) on August 8, HMC had 1,906,000 shares of IBIT as of June 30. Based on the values shown on the same page, the Bitcoin allocation represents…
The US authorities is shifting to seize 127,271 Bitcoin price about $14.2 billion, which investigators say was generated by means of a cross-border “pig butchering” rip-off operated by Chinese nationwide Chen Zhi. If accomplished, the Bitcoin must be added to the U.S.’s Strategic Bitcoin Reserve in accordance to the phrases of Trump’s Executive Order issued…
According to the agency’s Chief Marketing Officer Matthew Moddaber, Polymarket will launch a cryptocurrency, however floating an app for its United States customers is the present precedence. This revelation comes after the crypto prediction platform’s founder, Shayne Coplan, teased the potential launch of a “POLY” token. Token Release To Come After US App Launch In…