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- 12:12LiveOne increases its bitcoin holdings by over $2 million, bringing total holdings to 34.2 BTCChainCatcher reported that LiveOne has increased its bitcoin holdings by more than $2 million, bringing its total bitcoin holdings to over $4 million (approximately 34.2 BTC).
- 12:07Stablecoin infrastructure company M0 completes $40 million funding roundOn August 28, according to Fortune, stablecoin infrastructure development company M0 announced the completion of a $40 million Series B funding round, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst, Pantera, and Bain Capital Crypto. M0 is building a network layer that enables interoperability and liquidity sharing among different stablecoin issuers. Luca Prosperi, co-founder and CEO of M0, stated that the company will focus on expanding the network scale over the next 2-5 years. Notably, cryptocurrency wallet MetaMask recently announced a partnership with M0 to launch its stablecoin.
- 11:47David Sharbutt to Join BitMine (BMNR) Board of DirectorsJinse Finance reported that BitMine announced today that David Sharbutt has been elected as a member of the company's board of directors. As of 5:00 PM EST on August 27 (UTC+8), the company's cryptocurrency holdings include 1,792,690 ETH, 192 BTC, and $775 million in unallocated cash. BitMine's combined cryptocurrency and cash holdings exceed $9 billion. David is the founder, chairman, and CEO of Alamosa Holdings, which went public in 2000 and quickly expanded its operations to 22 states, generating revenues of over $1 billion.