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Posts published in “Asides”

Investors End Class Action Against Strategy Over Bitcoin Rules

TLDR Investors in Strategy Inc. have voluntarily ended their class action lawsuit over Bitcoin accounting misrepresentation. The lawsuit claimed that Strategy misled shareholders about the impact of new cryptocurrency accounting rules. The court dismissed the claims with prejudice, preventing the same lawsuit from being filed again...

Gumi Unveils Massive XRP Treasury to Fuel Blockchain Expansion

TLDR Gumi has launched a 2.5 billion yen ($17 million) XRP treasury to expand its blockchain operations. The company aims to strengthen its role in cross-border payments and international remittance systems. Gumi’s XRP acquisition is part of a broader strategy to enhance blockchain-related financial services. The company also acquired 1 billion yen worth of Bitcoin