AI firm Genius Group’s Bitcoin holdings now worth more than its market cap

Singapore-based artificial intelligence company Genius Group has boosted its crypto holdings, purchasing by an additional $2 million to 440 Bitcoin for $42 million. The Singapore-based AI and education company Genius Group now holds more Bitcoin (BTC) than its own market value. The company has increased its Bitcoin reserves to 440 BTC, adding another $2 million […]

Green energy tech firm Nuvve to allocate 30% of excess cash to Bitcoin

Nuvve, which helps EVs share power with the grid, will invest up to 30% of its extra cash in Bitcoin to diversify the company’s treasury holdings. Nuvve, a public Californian company focused on connecting electric vehicles to the grid, said its board has approved holding Bitcoin (BTC) as a primary treasury asset. In a Jan. […]

Real estate firm Propy unveils BTC-backed mortgage service

Propy, a real estate tokenization firm, is introducing crypto-backed mortgage services to the real-world assets, aiming to change how people purchase real estate. According to a news release, Propy has announced the first-ever crypto loan that will enable prospective real estate buyers to access onchain loans to purchase property in Hawaii. Bitcoin (BTC) and Ethereum […]

Hong Kong construction firm Ming Shing invests $47m in Bitcoin to boost liquidity

Hong Kong-based Ming Shing Group has invested $47 million in Bitcoin, acquiring 500 BTC as a short-term strategy to enhance liquidity and asset value. Public construction firm Ming Shing Group has joined the list of non-tech companies diversifying into cryptocurrency, investing $47 million in Bitcoin (BTC) to enhance liquidity and boost asset value. In a […]

Cybersecurity firm CrowdStrike warns of fake job offers spreading XMRig miner

CrowdStrike has warned of a new phishing campaign that mimics its recruitment process to deliver the Monero miner via a fake application download. Global cybersecurity provider CrowdStrike has identified a phishing campaign exploiting its recruitment emails to distribute a malicious Monero (XMR) mining software. In a blog post, the Austin-headquartered firm explained that the scam […]