↝ MLN Coin Holds Steady as Crypto Market Experiences Mixed Fortunes
Metaplanet has further increased its Bitcoin holdings with two sizeable purchases worth a total of $154 million. The company now owns a total of...
The cryptocurrency market has been host to a variety of pivotal events recently. Notably, Metaplanet purchased an additional 518 Bitcoin, bringing its total to 18,113 coins bought for $61 million. Meanwhile, cryptocurrency miner Cipher reported a second-quarter net loss of $46 million. Another significant occurrence was the acquisition of stablecoin platform Rail by Ripple for $200 million.
David Bailey’s Bitcoin PAC has revealed a $200 million plan to cement Bitcoin's role in U.S. policy. Amidst these developments, Coinbase projected that a data breach could cost them up to $400 million in damages. Furthermore, increasing trading activity in Trump's meme coin produced close to $100 million in fees.
Solana (SOL) and Enzyme (MLN) experienced a rally while the wider market remained stable, displaying the volatility inherent in the cryptocurrency market. Another significant headline was the termination of Blockchain Coinvestors' $700 million SPAC deal by Linqto. Meanwhile, Argo Blockchain generated approximately $2.2 million from Bitcoin mining.
Despite considerable investment into a Bitcoin bet in December 2018, it appeared to be more speculation than mania. A cybersecurity incident led to a loss of over $300 million in cryptocurrency with Japan's DMM Bitcoin admitting to the fiasco. On a brighter note, Coinbase settled a New York State investigation for $50 million, which also marks the figure they plan to invest in compliance measures.
MLN Coin News Analytics from Tue, 02 Jul 2013 07:00:00 GMT to Tue, 12 Aug 2025 05:04:40 GMT - Rating 3 - Innovation 7 - Information 6 - Rumor 5