TokenPost reporter

John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Stories by John Kim
- Saudi Arabia Restarts East-West Pipeline, Reopening Hormuz Bypass
Exports to Yanbu have resumed after repairs, restoring a route that can carry up to 7 million barrels of crude per day to the Red Sea.
· Business
- MongoDB CEO Leaves for Meta as Shares Plunge 15% Premarket
Chirantan “CJ” Desai’s resignation took effect immediately. Dev Ittycheria returned as interim CEO while the board searches for a permanent successor.
· Business
- Bitmine Surpasses 6 Million Ether After Weekly 17,362-Token Buy
The company held 6,001,302 ETH as of Sept. 27, representing 4.9% of total supply, while total crypto, cash and securities reached $17.2 billion.
· Business
- Revolut Wins Approval to Acquire Banco Cetelem Argentina
Banco Cetelem Argentina will be renamed Revolut Bank Argentina S.A.U. after closing and initially will not offer products or services to the public.
· Business
- Soluna, Bitdeer Raise Texas Bitcoin Mining Deployment to 35 MW
The revised agreement expands Bitdeer’s deployment at Soluna’s wind-powered Project Kati 1 from about 28 MW.
· Business
- Strategy Acquires 1,665 Bitcoin and Repurchases $151.7 Million in STRC
The company’s Bitcoin holdings reached 847,666 BTC after the purchase, while proceeds from MSTR sales funded both the acquisition and preferred-stock buyback.
· Business
- BitMine Adds 17,362 Ether, Taking Holdings Above 6 Million
BitMine held 6,001,302 ETH as of Sunday, Sept. 27, with about 84% of its position staked.
· Business
- Citi Plans Corporate Stablecoin Payments Collaboration With Coinbase
The companies began working together in October 2025 on fiat deposits and withdrawals connected to Coinbase’s platform.
· Business
- DFDV Adds 47,706 SOL, Lifting Treasury to 2.54 Million
The Nasdaq-listed company now holds about 2,538,010 SOL and SOL equivalents valued at roughly $309 million.
· Business
- Strategy and Strive Buy 6,403 Bitcoin for $512.7 Million
Strategy added 4,603 BTC, while Strive bought 1,800 BTC during separate purchase windows from Aug. 24 through Aug. 30.
· Business
- Strategy Adds 1,665 Bitcoin for $143 Million, Nearing 848,000 BTC
The company held 847,666 BTC as of Sept. 27 after allocating $142.7 million to the purchase.
· Business
- Tether, Shiga Expand Self-Custody Products Across Africa, Gulf
The partnership will use Tether’s open-source Wallet Development Kit to support digital-asset holding, transfers, payments and settlement services.
· Business
- Strive Buys $94.5 Million in Bitcoin, Raising Holdings to 27,462 BTC
The treasury company acquired 1,107 BTC at an average price of $85,396 per coin and raised an additional $12.4 million through warrant exercises.
· Business
- Strategy Adds 1,666 Bitcoin, Raising Holdings to 847,666 BTC
The company disclosed the purchase Monday, increasing its total Bitcoin holdings to 847,666 BTC.
· Business
- Bitdeer Plans 28 MW Bitcoin Mining Deployment at Texas Wind Site
The deployment at Soluna’s 83 MW Project Kati 1 is scheduled to begin in Sept. 2026 and could add about 1.93 EH/s under a revenue-sharing model.
· Business
- Nvidia’s Portfolio Covers 242 Companies as Anthropic Contracts Top $180B
The chipmaker has invested in 13 public companies and 229 private firms. Nvidia also raised its stock buyback authorization by $150 billion.
· Business
- Pendle Reports More Than $6 Billion in Stablecoin-Pool Volume
Stablecoin supply is about $300 billion, while forecasts put the overall market at $2 trillion by 2028 and $1.9 trillion by 2030.
· Business
- Instinct Discusses $1 Billion Round at $10 Billion Valuation
The proposed financing would quadruple the personal AI assistant startup’s $2.5 billion valuation from an Aug. 26 Series B.
· Business
- Franklin Templeton Brings Tokenized Collateral Service to Bybit
Eligible users can pledge tokenized money-market fund shares for USDT or USDC trading credit while the underlying assets remain in custody and continue generating yield.
· Business
- Citi and Coinbase Enable Stablecoin Payments for Institutional Clients
The partnership enables stablecoin payment functionality for institutional clients.
· Business
- Citigroup Partners With Coinbase to Expand Stablecoin Payments for Businesses
The collaboration will connect Citi’s merchant-acquiring services with Coinbase’s stablecoin payment infrastructure and banking tools.
· Business
- Nasdaq and Russell Rules Create Fast-Entry Path for Large New Listings
Anthropic has not set an IPO date, but late-2026 timing remains under consideration as revised index rules create possible fast-entry pathways for large new listings.
· Business
- Hut 8 Secures $1.07 Billion Senior Secured Revolving Facility
The committed bank liquidity is intended to expand Hut 8’s financing capacity across its development pipeline.
· Business
- NVIDIA Adds $150 Billion to Buyback Plan, Raising Total to $235 Billion
The company expects to complete the remaining repurchases by the end of fiscal 2028 as it continues investing in artificial intelligence and accelerated computing.
· Business
- Nvidia Approves Additional $80 Billion Share Buyback Authorization
The board approved the authorization without an expiration date as fiscal first-quarter revenue climbed 85% to $81.6 billion.
· Business
- Nvidia Expands Share-Buyback Authorization by $150 Billion
The increase lifts Nvidia’s remaining authorized repurchases to $235 billion, with the company expecting to complete the plan by the end of fiscal 2028.
· Business
- Nvidia Raises Stock-Buyback Authorization to $235 Billion
The company added $150 billion to its repurchase authorization in an announcement issued Monday morning Eastern time.
· Business
- Binance Will Move Crypto From Funding Accounts to Spot Accounts Sept. 29
The migration is expected to continue through January 2027, after which the Funding Account will become the Stocks Account for stock and stock-options settlement.
· Business
- Bybit Launches KiiChain KII Perpetual Contract With 5x Leverage
The USDT-margined contract is available in Bybit’s Innovation Zone, expanding derivatives access for KII.
· Business
- Compound Foundation Accused of Using 8.42M DAI to Buy COMP
Community member ugurmersin alleges the funds were converted into 344,780 COMP and used in votes on two governance proposals.
· Business
- Binance Plans Sept. 28 Trading Debut for Five New Stocks
Trading in Boost Run, Greenland Mines, Octave Intelligence, StablecoinX and Wise Group is scheduled to open on Sept. 28.
· Business
- Compound Foundation Faces Allegations Over 8.42M DAI Treasury Use
A reported conversion moved 8.42 million DAI into 344,780 COMP tokens before key governance votes, raising questions about treasury control.
· Business
- Bybit Launches ByPick Event Platform With 100,000 USDT Prize Pool
The free platform covers cryptocurrency, sports and esports, rewarding predictions with points, streak challenges and seasonal leaderboard rankings.
· Business
- Bitget Confirms 6,946 Bitcoin Withdrawals On-Chain
The exchange processed 7,683 BTC withdrawal requests totaling about 3,609 BTC by 4:50 a.m. ET on Sept. 28, with no backlog in withdrawal orders.
· Business
- Gate’s TradFi Business Shows Diverging Volume Measures in September
Metals represented 54.2% of tracked TradFi volume at $18.3 billion through Sept. 22, while August ETF trading volume was approximately $20 billion.
· Business
- Eni Caps Italian Diesel and Petrol Prices at Enilive Stations
The €2.19-per-liter diesel and €1.99-per-liter petrol caps begin Sept. 28 and will initially last 30 days, with a possible extension through Dec. 31, 2026.
· Business
- Bitget To Restore Withdrawals Across All Assets By Oct. 2
Bitcoin withdrawals were scheduled to reopen first, followed by Ether, Tether and other assets across multiple networks.
· Business
- RedotPay Completes Pre-IPO Audit as It Targets Valuation Above $5B
The stablecoin payments company said its IPO plans have not been delayed as it prepares for a potential U.S. listing.
· Business
- Vanguard, NXP Evaluate Second Singapore Chip Fab Amid Tight Supply
VSMC held the opening ceremony for its first 12-inch Singapore fab on Sept. 28 after about 22 months of construction beginning in December 2024.
· Business
- Huobi HTX to Open JPYC/USDT Spot Trading on Sept. 28
Deposits will open 3 a.m. ET (0700 UTC), while withdrawals are scheduled to begin Sept. 29 at 9 a.m. ET (1300 UTC).
· Business