Binance and Polychain Support StakeStone’s Liquid Staking Ambitions

StakeStone secures $22M funding to advance liquid staking for ETH and BTC.Binance Labs backs the BIO Protocol for decentralized scientific research development. StakeStone recently closed a $22 million fundraising round led by Polychain Capital, with strategic investments from Binance Labs and OKX Ventures. This fundraising round reflects the increased interest in developing liquid staking solutions,...

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Bhutan Government Reaches $1 Billion in Bitcoin Holdings – Will the U.S. and Other Nations Follow?

Bhutan has accumulated $1 billion in Bitcoin, leveraging its excess energy resources for mining and diversifying its economy amid post-COVID struggles.As Bhutan leads with its Bitcoin investments, corporate and government interest in Bitcoin is rising, with the U.S. and corporations like MicroStrategy re-evaluating their stance on the cryptocurrency. A $1 billion Bitcoin (BTC) reserve has...

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Survey: Only 7.5% of Salvadorans Use Bitcoin for Transactions

Only 7.5% of Salvadorans use Bitcoin for transactions, highlighting limited adoption despite its status as legal tender since 2021.President Bukele aims for financial independence by 2025 through a self-financed budget, reducing El Salvador’s reliance on foreign debt. Francisco Gavidia University in El Salvador has performed a survey that shows a notable discrepancy between the nation’s...

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