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- WhiteboardCrypto Newsletter - July 5
WhiteboardCrypto Newsletter - July 5
Welcome back to this week's edition of our WhiteboardCrypto Newsletter!
Trump-linked Bitcoin mining firm closer to public listing
American Bitcoin Corp (part-owned by Eric and Donald Trump Jr.) has filed updated merger documents to go public through a deal with Gryphon Digital Mining. If approved, the combined company would trade on Nasdaq as “ABTC”. I know that I keep sharing topics like this, but it signals both the US’s actions surrounding crypto and possible misaligned-incentives. “Watch what I do, not what I say”.
Learn more here.
CBDC pilots now live in 49 countries
According to some new data, nearly 50 countries are running live central bank digital currency pilots. China’s digital yuan remains the largest, along with major tests in India, the Bahamas, and Nigeria. How soon do you think until the US tests something?
Learn more here.
Nano Labs buys $50M in BNB… and aims to own 10% of total supply
Nasdaq-listed chipmaker Nano Labs purchased $50M in BNB with plans to allocate up to $1B and own 10% of the BNB supply. The firm funded the buy using convertible notes and sees BNB as a strategic treasury asset.
Fun fact: The original BNB chain is the first chain I made a transaction on!
Learn more here.
Bitcoin OG wallet moves 80,000 BTC
8 wallets holding 14-year-old “Satoshi era” bitcoin suddenly moved $8.5 billion worth of BTC last week, which makes this the largest dormant wallet movement ever recorded. Some suspect a test transfer on Bitcoin Cash may have preceded the event, igniting debate about true ownership, privacy leaks, or even a breakthrough in quantum decryption.
Learn more here.
Thanks for reading and I hope you learned something!
- Theodore