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Tom Lee's Bitmine Taps the Brakes on ETH Buys, Pivots $86M Into Stock Buyback

Bitmine has slowed its purchases of Ethereum and redirected $86 million towards a stock buyback, repurchasing 5.5 million common shares. Chairman Tom Lee noted that this shift reflects the company's current financial strategy.

Source · Decrypt

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Bank of Korea Scales Up CBDC Pilot With Half a Million Users

The Bank of Korea is expanding its Central Bank Digital Currency (CBDC) pilot project, known as Project Hangang, by introducing Phase 2 with real government funds and a larger user base of 500,000. In the initial phase, 81,000 wallets were opened, with 42% of users actively utilizing the CBDC.

Grayscale files S-1 for first US Worldcoin ETF

Grayscale has filed an S-1 for its first Worldcoin ETF, marking an expansion of its offerings beyond Bitcoin and Ether. This move adds to the company's portfolio of crypto-related exchange-traded products.

Read more Cointelegraph