The SEC has continued dropping multiple investigations and cases into major crypto firms. This week, the agency ended investigations into Crypto.com and Immutable, reflecting its shifting regulatory stance. GameStop plans to raise $1.3 billion, partially for Bitcoin investment, while Coinbase is in talks to acquire Deribit.
Meanwhile, Wyoming is testing its state-backed stablecoin, Trump Media is launching crypto ETFs, and the DOJ has seized $200,000 in crypto linked to Hamas. Read more.
Bitcoin
GameStop Corp. has announced plans to raise $1.3 billion through a private offering of convertible senior notes, with a portion of the proceeds earmarked for acquiring Bitcoin.
According to blockchain analytics firm Arkham Intelligence, defunct Japanese crypto exchange Mt. Gox has transferred 11,501 BTC in its third major transaction in less than a month.
Technology
Wyoming is set to introduce the first fiat-backed, fully reserved stablecoin issued by a U.S. public entity w
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