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Bitcoin Hits $114K as Inflation Cools

The cryptocurrency was buoyed by an unexpected drop in wholesale inflation for the month of August as published by the Bureau of Labor Statistics. BTC Breaches $114,000 After PPI Report Economists were caught off guard on Wednesday morning when the Bureau of Labor Statistics (BLS) announced a
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Bitcoin Treasury Firm Metaplanet to Issue New Shares; Nakamoto Holdings Plans $30M Investment

This week, KindlyMD’s bitcoin-focused subsidiary, Nakamoto Holdings, said it will invest up to $30 million in Metaplanet as the Tokyo-listed firm proceeds with an international offering of 385 million new shares to fund its ongoing bitcoin accumulation program. KindlyMD’s Bitcoin Treasury Arm Joins Metaplanet Raise With Up to $30M KindlyMD, Inc. (Nasdaq: NAKA) described
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Nigerian Anti-Corruption Agency Chair Warns of Crypto Risks and Calls for Stronger Regulation

The chairman of Nigerian anti-corruption body has issued a stark warning that Nigeria’s financial system is highly vulnerable to large-scale abuse if the country’s cryptocurrency activities remain unregulated. Collaboration for Compliance and Investor Protection Ola Olukoyede, chairperson of the Economic and Financial Crimes Commission (EFCC), described crypto as a