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01:39
South Korea’s SK Energy will subsidize its gas stations to cope with high oil prices
SK Energy will invest up to 20 billion Korean won each month to support 2,500 branded franchise gas stations nationwide, while directly operated gas stations are not eligible for subsidies. SK Energy stated that this subsidy is aimed at ensuring stable supply of refined oil products and assisting in the implementation of the Korean government's energy stability policies. The company revealed that, over the past two months, about 80 gas stations across Korea have suspended operations or closed permanently.
01:36
RWA protocol LienFi completes tokenization of U.S. property tax liens on Base network
Foresight News reports that the RWA protocol LienFi has announced the minting of the first tokenized US real estate tax lien (Tax Liens) on the Base network.
01:32
Trump Media Group's Q1 net loss reaches $406 million, with losses on crypto assets dragging down performance
Odaily reported that Trump Media & Technology Group (TMTG) announced its financial results for Q1 2026. The data shows that the company's Q1 net loss was $405.9 million, with revenue of $871,200. The loss expanded compared to the same period last year, mainly due to unrealized losses on crypto assets. The financial report shows that TMTG currently holds 9,542 BTC, valued at approximately $767 million, with an average purchase cost of about $118,529 per BTC. In addition, the company also holds 756.1 million CRO, with a cost of around $113.9 million, and its current fair value is approximately $53 million. To hedge against the risk of crypto asset volatility, TMTG also possesses covered call options involving 4,000 BTC, of which 2,000 BTC have already been used as collateral.
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