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In XRP news today, Evernorth is changing the number of shares issuable to investors in connection with its proposed business combination with Armada Acquisition Corp. II. The amended subscription agreements tie the share count to XRP’s value at closing, measured by its volume-weighted average price, rather than the $2.36 XRP price used when the business combination agreement was signed. The company said the amendment is intended to align its capitalization with the market value of its underlying XRP holdings at closing. Evernorth, which is seeking to become a publicly traded digital asset treasury through the transaction, said the revised terms…
Two Abu Dhabi sovereign investors kept their BlackRock Bitcoin ETF holdings unchanged through the second quarter, retaining $764 million of exposure even as the cryptocurrency remained mired in one of its steepest annual declines.Mubadala Investment Company and the Abu Dhabi Investment Council held a combined 22.94 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) as of June 30, regulatory filings show.Neither reduced its share count during the quarter.The decision meant the funds absorbed the decline in IBIT. Their combined positions were valued at about $881.4 million at the end of March, implying roughly $118 million of value was erased…
President Donald Trump is expected to be in attendance when the administration’s new innovation committee — a crowd of crypto CEOs and leaders of prediction market and AI companies — sits for a White House meeting on Wednesday, said people briefed on the planning.The chief executives of companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi are members of the new Innovation Advisory Committee at the Commodity Futures Trading Commission, but before they attend their first committee meeting on Thursday, the crypto CEOs will gather for the White House meeting, said the people, who asked not to be named,…
The U.S. Securities and Exchange Commission (SEC) has abruptly canceled an open meeting where commissioners were expected to consider a long-anticipated proposal that could reshape how digital assets are issued and regulated in the United States.The agency announced late Thursday that Friday’s meeting would be postponed “due to an unforeseen scheduling issue,” with the discussion to be moved to a later date. No new date was provided, leaving the crypto industry once again waiting for clarity on a regulatory framework that SEC Chairman Paul Atkins has identified as a central part of his digital-asset agenda.The cancellation comes at a sensitive…
Institutional XRP exposure remains steady despite the choppy price action. XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%. Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP. Institutions Remain Unfazed Morgan Stanley has disclosed its XRP exposure in the second quarter of 2026. The Wall Street giant holds positions through three XRP-linked exchange-traded funds: Franklin, REX-Osprey, and Bitwise ETF. Its largest position was in the…
(NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) announced today that its Board of Directors has declared seventeen cash dividends on the Company’s 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”), which is listed on the New York Stock Exchange under the trading symbol “BMNP” The dividends will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The record dates, payment dates, and per-share amounts for each dividend are set forth below:About Bitmine Bitmine Immersion Technologies, Inc. (NYSE: BMNR), and its subsidiaries (“Bitmine”…
Mutsamudu, Comoros, August 14th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has released its August 2026 Proof of Reserves (PoR) report, audited by Hacken, showing that reserve ratios for all major assets remained above 100%, with the BTC reserve ratio reaching 288%. This report reflects MEXC’s robust financial position and its continued commitment to safeguarding user assets. Amid a broader wave of consolidation across the crypto exchange industry in 2026, MEXC continues to stand out by releasing monthly Proof of Reserves reports independently audited by Hacken, allowing users to verify at any time that their own assets…
Willemstad, Curaçao, August 14th, 2026, PlayNewswire A high-stakes crypto player connected to 1win’s Global Crypto Ambassador network received a 1.749 million USDC payout following a seven-figure wager on Paris Saint-Germain against Aston Villa in the 2026 tUEFA Super Cup. The payout was received in USDC via the Ethereum network. Both the original deposit and subsequent withdrawal are publicly traceable on-chain, providing independent confirmation of the movement of funds. The player joined 1win through the network of one of the brand’s Global Crypto Ambassadors, following the recent launch of the 1win Global Crypto Ambassador program. The initiative was designed to build…
MUTSAMUDU, Comoros, August 13th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has released its July TradFi trading data. Monthly trading volume in Stock and Index Futures increased by 64%, while the number of available instruments exceeded 285. Storage-related Futures volume rose by more than fivefold and accounted for nearly 20% of total TradFi Futures volume for the month, making storage the largest contributor to growth in July. Storage Emerges as the Main Growth Driver in Futures Trading Trading trends across AI-related instruments on MEXC diverged sharply in July. Storage-sector volume increased by 575% month over month, while…
Former Xero engineering executive Nigel Fernandes will lead Pepperstone’s push to own more of its technology as the business expands into crypto and new markets. MELBOURNE, Australia, Aug. 13, 2026 /PRNewswire/ — Melbourne-based Pepperstone, a global online trading and fintech provider serving clients in more than 160 countries, today announced the appointment of Nigel Fernandes as Chief Technology Officer (CTO), effective 1 October 2026. The appointment comes as Pepperstone accelerates its shift toward owning more of its own technology, building a broader fintech ecosystem spanning crypto, AI-native engineering and institutional-grade infrastructure. Fernandes brings more than 20 years of technology leadership experience…