Category: business

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Bitplanet Launches $40M Bitcoin Accumulation Plan Amid Corporate Rebrand

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The post Bitplanet Launches $40M Bitcocom. Bitcoin In a move that signals the start of a new era for South Korean finance, Bitplanet has become the country’s first publicly traded firm to add Bitcoin to its corporate reserves. The company confirmed the purchase of 93 BTC, marking the opening stage of a far larger plan to integrate Bitcoin into its treasury operations. The acquisition, valued in the millions, is only the first step in what the firm describes as an “ongoing daily accumulation program”-a strategy that will eventually see Bitplanet holding up to 10, 000 BTC. The plan is being supported by Metaplanet CEO Simon Gerovich and Sora Ventures, both known for their work in institutional crypto expansion. From Cybersecurity Roots to Digital Treasury Pioneer Bitplanet’s transformation is striking. Once known as SGA Co., a company specializing in cybersecurity and IT infrastructure, it has now rebranded and shifted its focus toward building a Bitcoin-focused financial model. The firm says this evolution is part of a long-term vision to modernize its corporate structure and adapt to the realities of a digital economy. For the past month, @Bitplanet_KR has been quietly building the most reliable and compliant Bitcoin treasury infrastructure in Korea culminating in becoming the first public company to purchase Bitcoin directly through a licensed domestic crypto exchange. As of October 26,. pic. twitter. com/hEmpvh9fUL Bitplanet Inc. (@Bitplanet_KR) October 26, 2025 According to Co-CEO Paul Lee, the transition was not a sudden pivot but a carefully executed strategy built on transparency and risk control. “Our treasury plan operates under the same financial oversight expected of any listed company,” he said, adding that all transactions are conducted through systems monitored by the Financial Services Commission (FSC). Lee also revealed that the company had already begun its purchasing phase quietly, testing operational systems and reporting mechanisms for two weeks before.

businesseconomyfinancetechnology

Western Union Plans Stablecoin Pilot Program for Cross-Border Transfers

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TLDR Western Union will pilot a stablecoin-based settlement system for its 150 million customers to reduce reliance on traditional banking systems CEO Devin McGranahan says the pilot aims to move money faster with greater transparency and lower costs while maintaining compliance The company changed its stance on crypto after passage of the GENIUS Act, which [.] The post Western Union Plans Stablecoin Pilot Program for Cross-Border Transfers appeared first on CoinCentral.

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Major Iranian private bank goes bankrupt, roiling 42M customers

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After accumulating around $8 billion worth of losses and debt, Iran’s Ayandeh Bank has been dissolved, with customer assets absorbed by the state-owned Bank Melli. One of Iran’s largest private banks has fallen into bankruptcy, with the assets of more than 42 million customers being absorbed by the Iranian state-owned lender, Bank Melli. Ayandeh Bank declared bankruptcy on Thursday after it accumulated $5. 1 billion in losses and nearly $3 billion in debt, local media outlet Iran International reported on Friday. The bankruptcy was declared days after the Central Bank of Iran failed to rescue the bank, leaving officials with no option but to close it, which had operated 270 branches nationwide. Read more.

businesseconomyfinance

“I love the cleaning stuff there”: Are Home Depot cleaning supplies cheaper than Dollar Tree?

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A woman decides to check out Home Depot’s cleaning supplies to score a deal. Then she realizes the hardware store sells them for cheaper than the discount retailer Dollar Tree. Are Home Depot cleaning supplies cheaper than Dollar Tree? In a video with over 12, 000 views, TikToker Lashauna (@lashaunaspeaks) walks into Home Depot after she heard that it sells cleaning supplies for less than Dollar Tree. She shows several name-brand cleaning supplies, such as Comet bleach and Arm and Hammer baking soda, for just $1. She decides to purchase baking soda for her refrigerator. @lashaunaspeaks Iktr #homedepot #cleaning #savemoney ♬ original sound Lashauna “Okay, it definitely is cheaper than Dollar Tree since it wants to be $1. 25, $1. 50, $2,” she says as she walks out. Dollar Tree garnered criticism at the beginning of the year after the retailer announced it would be raising its minimum price from $1. 25 to $1. 50. Dollar Tree previously raised its price from $1 to $1. 25 in 2021. Since the announcement, customers have scoped out other retailers for better deals. How did viewers react to the deal? In the comments, viewers say they also checked out Home Depot for low-cost supplies. “I get all my cleaning supplies from Home Depot,” one says. “I love the cleaning stuff there that’s where I first found the Scrub daddy’s and pink stuff,” another writes. Other commenters suggest other stores that offer great deals on cleaning supplies. Money-saving subreddits like r/Frugal have long praised Home Depot, Lowe’s, and other hardware stores for selling bulk cleaning supplies for much cheaper than other discount retailers and home goods stores. “Lowe’s even less than that. Just found out yesterday,” a commenter suggests. “ROSSES!” another writes. “WALMART TOO, don’t go to Target,” a third adds. “And wait until yall find out about Office Depot cleaning supplies. Cheaper and lots of deals,” a fourth viewer says. The Daily Dot reached out to Lashauna for further comment. The internet is chaotic-but we’ll break it down for you in one daily email. Sign up for the Daily Dot’s newsletter here. Sign up to receive the Daily Dot’s Internet Insider newsletter for urgent news from the frontline of online. The post “I love the cleaning stuff there”: Are Home Depot cleaning supplies cheaper than Dollar Tree? appeared first on The Daily Dot.

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Nintendo maintenance schedule – October 26, 2025 – Switch 2 and Switch impacted

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Nintendo has released its maintenance schedule for the week of October 26, 2025. Two new sessions are currently planned. Both are taking place during the middle of the week, impacting Nintendo Switch 2 and Switch. Below is the full Nintendo maintenance schedule for the week of October 26, 2025: Switch 2 / Switch Nintendo Switch Online on the Home. The post Nintendo maintenance schedule October 26, 2025 Switch 2 and Switch impacted appeared first on Nintendo Everything.
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