The Kingdom of Bhutan has announced that it will use 10,000 (about $875 million) of its bitcoin reserves to build the Glop City of Mindfulness (GMC). It is estimated that Bhutan currently holds around 11,286 bitcoins, worth a total of more than $986 million, making it the fifth largest bitcoin holder in the world. The special administrative region in southern Bhutan was launched in 2024 and covers an area of about 1,544 square miles (about 10% of Bhutan's land area). It aims to attract companies...
Recently, Zuckerberg's Meta Platforms officially announced a $600 billion investment in the United States. At the beginning, Zuckerberg initially discussed the investment commitment at the White House banquet in September - saying that the size of the investment was "probably, I don't know, at least $600 billion". Later, he entered a "honeymoon period" with US President Donald Trump, to which Zuckerberg once said "I'm not sure how much money you want". Now, Meta said in a blog post that the fund...
On November 5th, Foreign Ministry spokesperson Mao Ning hosted a regular press conference. The European Union said yesterday that it will launch an investigation into the sale of nickel ore business by British mining giant Anglo American to China Minmetals. "I suggest you consult the competent Chinese authorities for specific questions." Mao Ning said that, as a principle, China has always supported Chinese enterprises to uphold the principle of mutual benefit and win-win results and carry out p...
Trump's tariffs were immediate, and Japanese companies rushed to set up factories in the United States. However, the huge investment commitment has attracted doubts from Wall Street, and the "dream of revival" of the US manufacturing industry is also facing severe challenges of manpower shortages. Click to view...
On September 7th, stablecoin issuer Paxos released a proposal titled "USDH Issuance Supported by Paxos", competing to become an issuer of stablecoin USDH under HyperLiquid. Paxos said that if selected as a USDH issuer, it will implement a revenue-sharing plan. Paxos will allocate 95% of the interest from the reserves supporting USDH to repurchase HYPE and redistribute it to ecosystem programs, partners and users....
Lee Eog-weon, the nominee for the chairpersonship of South Korea's Financial Services Commission (FSC), has publicly pledged to take strict measures to crack down on improper practices in cryptocurrency trading. In a written reply submitted for the appointment hearing, he stressed that insider trading, market manipulation and other improper practices in the virtual asset space will be curbed in accordance with the existing legal framework of the Virtual Asset User Protection Law, which was imple...
On August 27, according to market information, Numerai (NMR) continued to rise, rising 123% in 24 hours, and is now quoted at $17.91. Numerai was previously reported to have received the highest $500 million investment commitment from JPMorgan Chase.
Green Minting Technologies, a renewable energy developer in Delaware, has announced a strategic investment commitment of up to $150 million with GEM Digital Limited through a token subscription agreement, which will be used to develop and build bitcoin mining and artificial intelligence data centers, in addition to launching an IEO to promote the listing of its MINT token.
Zelensky announced that the framework of the U.S.-European-led security agreement for Ukraine is expected to be finalized within 10 days, and German and French leaders Vladimir Putin and Zelensky will meet within two weeks. Despite the promise of the United States and Europe to hold a security umbrella for Kiev, the crisis is far from end. click to view
White House: Apple (AAPL. O) will increase its U.S. investment commitment by $100 billion, Trump will make a statement on Apple today.