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Mill City Ventures to load up on more SUI with $500M deal as shares fall 11%

Mill City Ventures to load up on more SUI with $500M deal as shares fall 11%

Nasdaq-listed Mill City Ventures III may raise another $500 million under an equity agreement to fund its recently announced Sui treasury strategy — however, the news triggered a double-digit fall in Mill City’s share price.The finance firm’s announcement on Friday came shortly after raising $450 mi…

SUI treasury firm Mill City shares drop as it eyes raising additional $500 million

SUI treasury firm Mill City shares drop as it eyes raising additional $500 million

Short-term lender Mill City Ventures III is seeking to buy as much as another $500 million worth of SUI tokens after securing an equity line agreement which allows them to sell company shares in order to fund their crypto treasury strategy, according to a statement released Friday.The announcement f…

NYC BitBond Battle: Mayor Adams’ Crypto Ambition Vs Lander’s Fiscal Caution

NYC BitBond Battle: Mayor Adams’ Crypto Ambition Vs Lander’s Fiscal Caution

Mayor Eric Adams unleashed excitement and skepticism across the crypto community at Bitcoin 2025 when he announced plans to launch Bitcoin-enhanced bonds in New York City. These instruments, known as Bitbonds, would come with a small percentage of BTC.Comptroller Brad Lander later publicly opposed t…

NYC Mayor doubles down on crypto push ahead of city summit

NYC Mayor doubles down on crypto push ahead of city summit

New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie Hecker, CEO o…

Most shops in Cannes to accept crypto by summer this year — Web3 exec

Most shops in Cannes to accept crypto by summer this year — Web3 exec

Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable income by modernizing the city's commercial payment ecosystem.According to Artem Shaginyan, founder a…

Beincom Charts a Course for Community Growth and Innovation with 2025 Roadmap

Beincom Charts a Course for Community Growth and Innovation with 2025 Roadmap

HO CHI MINH CITY, Vietnam, Feb. 19, 2025 (GLOBE NEWSWIRE) — Beincom, the social platform redefining how online communities connect and engage, recently unveiled an ambitious roadmap for 2025. Showcased at a recent event, the roadmap underscores Beincom’s commitment to fostering a vibrant ecosystem…

Praxis’ $525M Crypto-Native City: A Test for the Network State Model and the Future of Nations

Praxis’ $525M Crypto-Native City: A Test for the Network State Model and the Future of Nations

Praxis, an organization devoted to developing the first network state, has raised $525 million to finance the construction of its first city. The funding will streamline the construction of Praxis’ vision of a network state, a group of individuals with coordinated values settled in a metropolis. Pra…

Sergio Goschenko
Dubai Courts Historic Ruling: Crypto Is Accepted For Salaries

Dubai Courts Historic Ruling: Crypto Is Accepted For Salaries

The United Arab Emirates has its image as a crypto-favoring country, where it was among the first few nations to openly endorse and develop this industry. Moreover, Dubai, a city in UAE, is the hub fo

Pooja Khardia
Jersey City Pension Fund To Follow Wisconsin's Lead With Bitcoin ETF Investment: 'I've Been A Long Time Believer In Crypto,' Says Mayor Fulop

Jersey City Pension Fund To Follow Wisconsin's Lead With Bitcoin ETF Investment: 'I've Been A Long Time Believer In Crypto,' Says Mayor Fulop

Jersey City mayor Steven Fulop announced allocating a portion of the city's pension fund to Bitcoin spot exchange-traded funds, becoming just the second pension fund after Wisconsin to get exposure to

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