Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: Metaplanet approved a capital structure overhaul that enables the company to raise funds via dividend-paying preferred shares, Uniswap’s fee switch is set to go live as a community vote is likely to pass and Jameson Lopp says Bitcoin migration to post-quantum could ‘easily’ take 10 years.
Metaplanet approved an overhaul of its capital structure on Monday, allowing Japan’s largest corporate Bitcoin holder to raise funds through dividend-paying preferred shares aimed at institutional investors.
Investors approved five proposals that collectively expand Metaplanet’s ability to issue preferred shares, introduce new dividend mechanics and open participation to overseas institutional capital, said Dylan LeClair, the company’s Bitcoin strategy director.
