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Today in crypto, Bitcoin holding corporation Nakamoto Holdings has obtained $51.5 million in new funding to acquire more BTC, while CoinMarketCap is continuing its investigation after its site encountered a phishing scam. In addition, Wyoming has selected Aptos and Sei for its state-sponsored stablecoin pilot initiative.
Nakamoto Holdings obtains $51.5M to broaden Bitcoin treasury approach
Bitcoin holding entity Nakamoto Holdings, established by US President Donald Trump’s crypto advisor, David Bailey, has acquired $51.5 million in new funding via a private placement in public equity (PIPE) deal, according to a statement from merger ally KindlyMD.
Bailey mentioned that the fresh capital was raised in under 72 hours, indicating a surging investor interest in Nakamoto’s Bitcoin BTC accumulation strategy.
“Investor enthusiasm for Nakamoto is remarkably robust,” Bailey stated. “We persist in executing our plan to secure as much capital as possible to acquire as much Bitcoin as feasible.”
The financing, set at $5.00 per share, elevates KindlyMD’s total funding to roughly $563 million, and $763 million when including convertible notes.
CoinMarketCap has ‘detected and eliminated’ harmful wallet scam
CoinMarketCap, a price-monitoring site for cryptocurrencies, has reportedly eliminated a harmful popup alert on its website urging users to authenticate their cryptocurrency wallets, according to a message on its official X account.
“We’ve detected and removed the harmful code from our site,” CoinMarketCap announced in a post on Friday.
“Our team is actively investigating and implementing measures to bolster our security,” it added.
The update was issued less than three hours after CoinMarketCap publicly addressed the harmful notification following numerous reports circulating on social media.
Wyoming stablecoin commission designates Aptos as top-ranking blockchain
The Wyoming Stable Token Commission has selected Aptos and Sei for its stablecoin pilot initiative, awarding Aptos the highest rating among the more than 10 blockchains evaluated for its upcoming WYST project.
Aptos revealed on Friday that it achieved the highest score based on the commission’s network assessments, earning 32 points. Solana matched this score of 32 points but was not chosen for the pilot stage.
Sei, on the other hand, received 30 points, ranking above Avalanche (27), Ethereum (26), Base (25), and Algorand (21), among others.
The network evaluations considered metrics such as transactions per second, fees, and transaction finality, as reported by X user Phillip, who is associated with the Sei project.
WYST is Wyoming’s state-backed stablecoin, pegged to the US dollar and developed in collaboration with LayerZero. Reports of its creation surfaced in 2023, several months after the Wyoming Stable Token Act was approved.
Wyoming is initiating a stablecoin to generate state revenue through interest on reserves held in short-duration US Treasury bonds. The venture also aims to foster financial innovation and enhance transparency.
In March, Wyoming Governor Mark Gordon hinted that the new stablecoin could debut by July.
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