CryptoCurrencyNews, Author at 007 Stock Chat

Galaxy Executes One of the Largest Notional Bitcoin Transactions Ever

Written by CryptoCurrencyNews on July 28, 2025. Posted in Cryptocurrency.

NEW YORK, July 25, 2025 /PRNewswire/ – Galaxy Digital Inc. (NASDAQ: GLXY) (TSX: GLXY), a global leader in digital assets and data center infrastructure, today announced the successful execution of one of the largest notional bitcoin transactions in the history of crypto on behalf of a client.

Galaxy completed the sale of more than 80,000 bitcoin—valued at over $9 billion based on current market prices—for a Satoshi-era investor, representing one of the earliest and most significant exits from the digital asset market. The transaction was part of the investor’s broader estate planning strategy.

About Galaxy
Galaxy Digital Inc. (NASDAQ/TSX: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East and Asia.

Disclaimers
The TSX has neither approved nor disapproved the contents of this press release.

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SOURCE Galaxy Digital Inc.

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U.S.-Listed Mega Matrix Enters Stablecoin Sector with Strategic Transformation and $16 Million Financing

Written by CryptoCurrencyNews on July 27, 2025. Posted in Cryptocurrency.

NEW YORK, July 25, 2025 /PRNewswire/ — Amid increasingly clear global regulatory frameworks for stablecoins, the asset class is moving beyond its experimental phase and entering a period of institutionalized growth. Mega Matrix Corp. (NYSE American: MPU) recently announced the completion of a $16 million private placement and officially launched its strategic expansion into the stablecoin sector. This marks a critical step in the Company’s transformation into a structured participant in the evolving global digital financial infrastructure.

The private placement attracted a number of crypto-focused funds and industry professionals, reflecting strong market recognition of and confidence in Mega Matrix’s strategic direction. According to the Company, the proceeds will be primarily used to build a stablecoin asset allocation system and on-chain yield mechanisms, with a focus on developing “corporate treasury strategies” leveraging stablecoins and governance tokens.

In fact, the corporate treasury strategy is becoming a key asset allocation method among technology and crypto companies. One group, represented by MicroStrategy (NASDAQ: MSTR), has adopted Bitcoin as its core reserve asset, maintaining long-term holdings and actively increasing exposure—a strategy mirrored by companies like Marathon Digital (NASDAQ: MARA). Another group is turning to Ethereum as a treasury asset, with notable examples including SharpLink Gaming (NASDAQ: SBET) and Bit Digital (NASDAQ: BTBT). These companies leverage Ethereum‘s composability and ecosystem synergies to construct new liquidity infrastructure.

Compared with other digital assets, stablecoins offer low volatility, on-chain yield potential, and stronger regulatory compatibility—making them rapidly emerge as the next generation of “treasury assets.” Their global liquidity and auditability make them well-suited for diverse capital management scenarios and increasingly attractive to institutional participants.

“Stablecoins are emerging as the foundational anchor of the digital financial system,” said Songtao Jia, Chief Strategy Officer of Mega Matrix. “We anticipate that the next wave of growth in digital assets will be driven by treasury strategies centered on stablecoins. In today’s interest rate environment, stablecoins capable of generating reliable on-chain yields represent an extremely scarce and valuable class of assets.”

Mega Matrix has already initiated allocation into mainstream stablecoins and governance tokens, and is in active discussions with several globally leading stablecoin issuers. The collaboration is expected to cover areas such as asset allocation and integration of on-chain yield mechanisms.

From Bitcoin as “digital gold,” to Ethereum as the “smart asset protocol,” stablecoins are now becoming the new cornerstone of enterprise digital asset allocation. Mega Matrix’s transformation may signal the beginning of a broader institutional embrace of yield-generating, transparent, and composable on-chain financial tools.

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SOURCE Mega Matrix Corp

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Bybit and Tether Launch Strategic Partnership to Accelerate Crypto Adoption in Brazil

Written by CryptoCurrencyNews on July 26, 2025. Posted in Cryptocurrency.

DUBAI, UAE, July 25, 2025 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with Tether, the leading company in the digital asset industry and issuer of USD?, the most widely used stablecoin. The collaboration aims to boost cryptocurrency adoption across Brazil through institutional partnerships, major event sponsorships, and expansive educational initiatives.

A highlight of the partnership is the co-sponsorship of Blockchain Rio, one of Latin America’s most influential blockchain conferences. During the event, new users who register on Bybit’s platform will receive an exclusive USD? bonus. This incentive is designed to encourage first-time users to engage with the digital asset ecosystem.

To extend the partnership’s reach into real-world applications, Bybit and Tether are in advanced discussions with Visit Rio. The goal is to integrate cryptocurrency into the city’s tourism sector by offering discounts and USD? bonuses to tourists who use digital assets for services, tours, and purchases from local businesses. This initiative is intended to position Rio as a forward-thinking, crypto-friendly destination.

As part of its long-term strategy, Bybit will roll out a national educational program to increase crypto literacy and drive responsible adoption. The initiative includes a series of “Learn to Earn” campaigns that reward users for completing blockchain-focused courses. These will be complemented by in-person events such as workshops, university meetups, and seminars, engaging directly with students, developers, and entrepreneurs.

Earlier this year, Bybit appointed Israel Buzaym as its Country Manager for Brazil. Since then, the company has significantly expanded its local presence and launched tailored offerings such as Bybit Pay and the Bybit Card. These products are helping to bridge the gap between traditional finance and the world of digital assets.

“I’m honored to lead Bybit’s efforts in Brazil at such a transformative time,” said Israel Buzaym. “Brazilians have a long history of embracing innovation. We’re already seeing strong momentum in the adoption of our services. This partnership with Tether adds the trust, liquidity, and strategic focus needed to make crypto a natural part of everyday life for millions.”

With a market capitalization exceeding $114 billion, Tether plays a central role in the global digital economy. This partnership with Bybit reflects a shared commitment to financial innovation, education, and the creation of practical use cases for cryptocurrency in one of the world’s most promising emerging markets.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

About Tether

Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionise the global financial landscape. With a mission to provide accessible, secure, and efficient financial, communication, and energy infrastructure. Tether enables greater financial inclusion, communication resilience, fosters economic growth, and empowers individuals and businesses alike.

As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralised finance.

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SOURCE Bybit

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Bybit’s $1M EthicHub Investment shifts 100 tons of LATAM coffee to higher-value markets

Written by CryptoCurrencyNews on July 25, 2025. Posted in Cryptocurrency.

DUBAI, UAE, July 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is reporting significant progress in its strategic partnership with EthicHub, a project supported by Blockchain for Good Alliance (BGA), focused on improving financial inclusion and market access for small holder coffee farmers.

During ETHCC week in Paris, Ben Zhou, Co-founder and CEO of Bybit met with EthicHub co-founders Jori Armbruster and Gabriela Chang Valdovinos to review the impact of Bybit’s $1 million liquidity investment, announced earlier this year. The collaboration aims to empower rural communities through decentralized finance and sustainable trade opportunities.

Driving Growth Through Blockchain Solutions

Bybit’s $1 million liquidity investment is already fueling measurable results. To date, EthicHub has facilitated more than $5 million in loans across its network, maintaining a default rate below 3 percent, fully covered to protect lenders. The platform has also enabled the sale of over 300 tons of coffee, generating more than $2 million in revenue, and directly supporting more than 10.000 coffee farmers in LATAM.

So far, 40 percent of Bybit’s investment has been deployed in two high-impact projects:

Cosechando Riqueza (Chiapas, Mexico): supported 25 families cultivating 70 hectares of high-quality coffee, promoting agroforestry in regions historically affected by violence.
Costal Campesino (Cauca and Nariño, Colombia): helped 22 families producing “Café de Paz,” or Peace Coffee — a sustainable alternative for former guerrilla fighters transitioning from coca cultivation to coffee farming.

Coffees from these projects are expected to reach European markets starting in August, with a projected increase in sales beginning in September. Shipments of these coffees to Europe are scheduled to begin in August, with sales projected to reach approximately $1.3 million in the months ahead.

“EthicHub’s model is a powerful example of how blockchain technology can create real economic opportunities and resilience for farming communities that have long been underserved,” said Freya Chen, Executive Director at the Blockchain for Good Alliance (BGA). “The results we’re seeing — millions in loans, strong repayment rates, and growing coffee sales — prove that decentralized finance can deliver measurable benefits on the ground.”

From left: Gabriela Chang Valdovinos and Jori Armbruster, co-founders of EthicHub, spoke with Ben Zhou, CEO and co-founder of Bybit.

#Bybit / #TheCryptoArk / #BGA

About Bybit

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

About EthicHub

EthicHub is a decentralized crowdfunding platform designed to connect smallholder farmers in emerging economies with ethical lenders and conscious roasters worldwide. Using blockchain technology, EthicHub offers fair credit and market opportunities to communities underserved by traditional financial systems.

For more information, visit https://ethichub.com.

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METABORA GAMES Forms Strategic Web3 Game Partnership with Baligames

Written by CryptoCurrencyNews on July 24, 2025. Posted in Cryptocurrency.

METABORA GAMES Begins Co-Development of Web3 Game with Promising Studio Baligames, best known for ‘Axie Champions’
New Hybrid Title to Combine Casual Match-3 Puzzle Mechanics with RPG Progression Elements
Game to Feature BORA Token Payments and Gas Abstraction for Seamless User Transactions

SEOUL, South Korea, July 24, 2025 /PRNewswire/ — METABORA GAMES (CEO Choi Se-hoon), a leading blockchain game developer, announced today that it has signed a Web3 game co-development partnership with Baligames (CEO Kim Young-woo) to release a new title on LINE NEXT’s Dapp Portal.

METABORA GAMES Forms Strategic Web3 Game Partnership with Baligames

Baligames is a rising Korean game studio founded by core developers behind global hits like the Anipang series. With extensive experience in mobile game development and live operations, the studio became the first in Korea to secure strategic investment from Sky Mavis, the creators of Axie Infinity, a leading title in the global Web3 game space. Leveraging this partnership, Baligames launched Axie Champions and Puzzle Champions, two casual Web3 games based on the Axie IP.

Through this partnership, METABORA GAMES and Baligames will collaborate to launch a new Web3 title on LINE NEXT’s Dapp Portal. Baligames will lead development and live operations for a hybrid game that combines casual match-3 puzzle mechanics with RPG-style progression. METABORA GAMES will support the project with tokenomics design optimized for LINE NEXT’s Mini Dapp ecosystem, along with Web3-focused marketing.

The Dapp Portal is a platform within the Kaia ecosystem that allows users to access a variety of Mini Dapps—such as games and social apps—directly within LINE Messenger, without the need for separate installations.

The upcoming game will support in-app purchases using BORA tokens, enabling players to buy in-game items. Additionally, the game will be the first to implement a Gas Abstraction feature, allowing users to cover gas fees using BORA even if they do not hold Kaia tokens.

This announcement follows METABORA’s recently signed Web3 distribution partnership with LINE NEXT on July 14, under which METABORA joined as a core partner for Web3 game publishing on the LINE NEXT’s Dapp Portal.

A METABORA representative commented, “Starting with our co-development partnership with Baligames, we plan to bring a lineup of competitive Web3 titles to the Dapp Portal. Through this effort, we aim to expand our game portfolio and further strengthen the BORA tokenomics.”

About METABORA

METABORA is a casual game developer and the service operator of the blockchain platform BORA.

The BORA ecosystem brings together partners across various industries — ranging from tokenomics and content to blockchain technology—driving innovation and collaboration across games, sports, and entertainment.

BORA is a national game/entertainment token with a high liquidity in the market and reinforcing the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding partnership.

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