Core Insights - The fifth annual Palm Beach CorpGov Forum took place on November 5-6, featuring discussions on corporate governance, activism, IPOs, private equity, and venture capital [1][2]. Event Overview - The event included panels, fireside chats, and networking receptions, attracting over 300 attendees such as institutional investors, board directors, family offices, attorneys, investment bankers, and key advisors [3]. Speaker Highlights - Notable speakers included Josh Frank from Trian Fund Management, Andrew Keys from The Ether Machine, and Ken Traub from Comtech Telecommunications Corp, among others [4][5][6].

Core Insights - The crypto market is experiencing a precarious balance, with macroeconomic indicators suggesting an impending increase in liquidity, while trader sentiment remains low, nearing yearly lows [1] - Despite the overall bearish market sentiment, the BNB Chain sector has shown resilience and performed relatively well [2] BNB Chain Market Overview - The BNB Chain sector's market capitalization increased by approximately $9 billion (3.9%) since the last update, primarily driven by the performance of large-cap BEP-20 tokens, with nine of the top ten tokens showing positive growth [3] - The sector's growth was led by large caps, and PancakeSwap contributed to an increase in total value locked (TVL) [4] Performance Metrics - BNB (BNB) is approaching the $1,000 mark, gaining 1.9% week-on-week, while World Liberty Financial (WLFI) surged by 30.3% week-on-week, recovering from a month of decline [5] - Notable performers included Allora (ALLO), which fell by 69.5% after a disappointing mainnet launch, and Audiera (BEAT), which rose by 77.5% following a Binance futures listing [5] On-Chain Metrics - Most Layer 1 (L1) blockchains, including BNB Chain, experienced declines in major on-chain metrics such as DEX volumes and transaction counts, although BNB Chain saw a slight improvement in TVL due to PancakeSwap liquidity deposits [6] - Overall, BNB Chain and its ecosystem are maintaining stability in a challenging trading environment characterized by fear [6] Recent Developments - Significant updates in the BNB Chain ecosystem include a collaboration with ZachXBT to enhance security measures, focusing on incident response, scam tracing, and transparency [7]

Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul Monad Unveils Tokenomics Ahead of Nov. 24 MON Token Airdrop Bitcoin DeFi Gets Another Institutional Boost Through Anchorage Digital Custody Injective Launches Native EVM, Promising Faster and Cheaper DeFi Unknown block type "divider", specify a ...

NEW YORK, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Black Titan Corporation (NASDAQ: BTTC) (the “Company” or “Black Titan”) today announced the appointment of Czhang Lin as Co-Chief Executive Officer, further strengthening the Company’s leadership team as it accelerates its strategic expansion into the digital asset and blockchain sectors. Mr. Lin brings deep expertise in the cryptocurrency and blockchain ecosystem, with a track record of investing in and advising high-growth Web3 projects around the world since 20 ...

Core Insights - Tron Inc. reported a net income of $12,174,266 for the third quarter of 2025, a significant improvement from a net loss of $1,128,872 in the same period last year [3] - The company ended the quarter with over $239 million in shareholders' equity, bolstered by a strong asset base including cash, cash equivalents, and investments in TRON tokens (TRX) and Staked TRX tokens (sTRX) [3] - An additional $110 million investment from its largest shareholder was made during the quarter, enhancing the company's balance sheet and long-term growth potential [4] - Management attributed the strong performance to a disciplined cost structure, low cash burn rate, and strategic investments in high-growth digital assets [5] - The CEO emphasized the strength of the company's digital asset strategy and ongoing efforts to drive growth and deliver long-term value for shareholders [6] Financial Performance - The net income for the third quarter of 2025 was $12,174,266, compared to a net loss of $1,128,872 in the same quarter of the previous year [3] - Shareholders' equity reached over $239 million, indicating a robust financial position [3] Strategic Investments - The company expanded its TRX holdings through a $110 million investment from its largest shareholder, which is expected to strengthen its balance sheet [4] - Management's focus on strategic investments in high-growth digital assets is seen as a key driver of the company's strong financial performance [5] Company Overview - Tron Inc. is positioned at the forefront of blockchain innovation, entertainment, and digital asset management, with a commitment to transparency and decentralized finance [6] - The company also designs and manufactures custom merchandise for major theme parks and entertainment venues, leveraging popular entertainment franchises [6]

Core Insights - Circle Internet Group, Inc. reported strong financial results for Q3 2025, highlighting significant growth in revenue and net income, driven by the increasing adoption of USDC and the launch of the Arc public testnet [3][4][5]. Financial Highlights - Total revenue and reserve income reached $740 million, a 66% increase year-over-year [4][5]. - Net income from continuing operations was $214 million, reflecting a 202% year-over-year increase [4][5]. - Adjusted EBITDA was $166 million, up 78% year-over-year, with an adjusted EBITDA margin of 57% [4][5][10]. - USDC in circulation grew to $73.7 billion, marking a 108% increase year-over-year [5][6]. Corporate & Commercial Highlights - The Arc public testnet was launched with participation from over 100 companies across various sectors, indicating strong interest in programmable financial infrastructure [3][5][10]. - Circle is exploring the launch of a native token on the Arc network to enhance network participation and adoption [10][11]. - The Circle Payments Network (CPN) expanded to include 29 financial institutions, with 500 more in the pipeline, demonstrating growing commercial partnerships [5][16]. Key Operating Indicators - Average USDC in circulation was $67.8 billion, a 97% increase year-over-year [6]. - The stablecoin market share reached 29%, up 643 basis points [6]. - The number of meaningful wallets holding USDC increased to 6.3 million, a 77% growth [6]. Recent Developments - Reserve income increased to $711 million, a 60% year-over-year growth, primarily due to the rise in average USDC circulation [10][22]. - Other revenue surged to $29 million, up from $1 million year-over-year, driven by subscription and services revenue [10][22]. - Total distribution, transaction, and other costs rose to $448 million, a 74% increase year-over-year, reflecting higher distribution payments due to increased USDC circulation [10][22].

Core Insights - The Consensus x SALT Hong Kong Institutional Summit is scheduled for February 10, 2026, aiming to unite leading asset managers and capital allocators in the crypto economy [1][2][3] - The partnership between CoinDesk and SALT seeks to create a premier institutional gathering, focusing on the APAC region and emphasizing high-level engagement [3][4] - The inaugural Consensus Hong Kong event in 2025 attracted nearly 10,000 attendees from 102 countries, representing over $4 trillion in combined assets under management (AUM) [5] Event Details - The summit will feature a proprietary meeting app, one-on-one meetings, expert-led roundtables, and keynotes from influential leaders in the crypto space [3] - The event will operate under the Chatham House Rule to facilitate open discussions among participants [3] Industry Context - Anthony Scaramucci, Founder and Chairman of SALT, highlighted the growing interest of institutional investors in digital assets following significant regulatory advancements [4] - Michael Lau, Chairman of Consensus, emphasized the importance of institutional participation in the digital asset narrative and the need for a gathering of major decision-makers [4] Economic Impact - The 2025 Consensus Hong Kong event generated an estimated economic impact of HK$275 million for Hong Kong [5]

Core Insights - SecureTech Innovations, Inc. has announced a significant reduction in its outstanding common shares as part of its 2025 Share Reduction Program [1][2] - The company has canceled an additional 4,000,000 shares, resulting in an 11.3% reduction in total shares, bringing the total to 31,370,414 shares [2] - SecureTech aims to reduce the total number of issued and outstanding shares to below 20 million by the end of 2025, with further reductions anticipated in the current fiscal quarter [3] Company Strategy - J. Scott Sitra, President and CEO, emphasized the success of the Share Reduction Program and the commitment to further reductions before the end of FY2025 [4] - The share reductions are part of a strategy to uplist to NASDAQ in early 2026, guided by Craft Capital Management [4] Company Overview - SecureTech Innovations is a leader in artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [1] - The company is also involved in blockchain and Web3 technologies through its Piranha Blockchain subsidiary, focusing on secure digital asset storage and online privacy [5] - SecureTech is known for its safety device, Top Kontrol, which is designed to prevent theft and carjacking [5]

Core Insights - VCI Global Limited has acquired approximately US$100 million in OOB tokens and has been appointed as Treasury Manager for the OOB digital-asset ecosystem, which is primarily owned by Tether Investment Limited [1][2] - The acquisition positions VCI Global as a significant player in the digital-asset ecosystem, enhancing its relationships with key industry leaders [2] - The OOB token will function as a utility and incentive token within the OOBIT platform, which aims to integrate blockchain technology into everyday financial activities [3][5] Company Overview - VCI Global is focused on developing cross-sector platforms that leverage technology, AI, digital assets, and capital markets to create sustainable value [3][4] - The company aims to build scalable platforms that enhance resilience, efficiency, and long-term value across various high-growth sectors [8] Transaction Details - VCI Global acquired US$50 million worth of OOB tokens at a market capitalization of US$200 million (US$0.20 per token) through restricted shares issued to the OOB Foundation, with plans to acquire an additional US$50 million through cash purchases post-launch [5] - The transaction structure includes the establishment of VCI Global's Digital Treasury Division to manage digital-asset initiatives and integrate token utility into its AI, fintech, and data platforms [7] OOB Token and OOBIT Platform Features - The OOB token will enable tap-to-pay crypto transactions, low-cost cross-border remittances, loyalty rewards, and multi-chain interoperability [6] - The platform aims to bridge traditional finance with decentralized ecosystems, enhancing the utility of the OOB token [6]

Japan's Startale unveils super-app for Sony's Soneium blockchain ecosystem https://t.co/1mQYAzkmG9 ...