ChainCatcher News, American social media brand Thumzup (NASDAQ: TZUP) announced that the company's board has authorized holding 90% of the remaining cash in the form of Bitcoin.It is reported that Thumzup announced on November 15, 2024, that Bitcoin would be part of its financial asset strategy, and on January 6, 2025, it purchased $1 million worth of BTC, with plans to continue accumulating Bitcoin.Thumzup also plans to start paying gig economy workers' wages in BTC in the coming weeks.

ChainCatcher news, according to official news, OpenAI has announced the appointment of BlackRock executive Adebayo "Bayo" Ogunlesi as a board member.As a founding partner, chairman, and CEO of Global Infrastructure Partners (GIP), as well as a senior managing director at BlackRock, Ogunlesi has extensive leadership experience and expertise in corporate finance, infrastructure investment, and global market strategy. This appointment further enhances the board's depth in technology, AI safety, cybersecurity, regulation, economics, nonprofit, and governance, strengthening its ability to oversee the company's progress towards AGI.

ChainCatcher news, Bitcoin mining company MARA announced on platform X that after extensive discussions with advisors, the company's board of directors has decided to amend the company's articles to increase the authorized share count from 500 million to 800 million shares.This proposal is similar to what other companies in the industry have done, and if approved, it will provide MARA with greater flexibility to timely take advantage of market conditions and favorable financing and acquisition opportunities.

ChainCatcher news, according to GlobeNewswire, Canadian public company Matador Technologies Inc. announced that its board has unanimously approved the addition of Bitcoin and USD-denominated assets to its corporate treasury as part of its long-term capital preservation strategy.It is reported that Matador plans to make an initial allocation of $4.5 million to Bitcoin in December 2024 and will continue to explore additional purchases at the board level through a disciplined buying program.

ChainCatcher news, according to The Block, the latest documents show that shortly before being included in the Nasdaq 100 stock index, Microstrategy's board increased its members by 3, bringing the total number of board members to 9.The documents indicate that the new board members include Brian Brooks, Jane Dietze, and Gregg Winiarski, all of whom have experience working with large companies dealing with digital assets. Each board member will receive equity worth $2 million, half in options and half in RSUs, which will vest over four years.Brian Brooks served as the CEO of Binance.US, the U.S. branch of the global Binance exchange, from May 2021 to August 2021, and was also the Chief Legal Officer of Coinbase from September 2018 to March 2020.Jane Dietze has been the Chief Investment Officer at Brown University since July 2018, responsible for managing the Ivy League school's $7.2 billion endowment fund. Since February 2022, Dietze has also been a board member of Galaxy Digital, a digital asset company founded by Mike Novogratz.Gregg Winiarski has been the Chief Legal Officer of the sports apparel and collectibles company Fanatics since February 2023. Winiarski served as a senior advisor to Fanatics from August 2021 until he took on the top legal position in February 2023.

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media that former Acting Comptroller of the Currency (OCC) Brian Brooks has joined the board of MicroStrategy.Previously, Brian Brooks also served as the CEO of Binance US.

ChainCatcher news, according to Cryptoslate, Cardano founder Charles Hoskinson has called for the Cardano Foundation to relocate to a jurisdiction that allows users to elect board members. He raised this issue in a post on social media platform X on December 18, while encouraging the Cardano community to inquire about the foundation's board structure and decision-making processes.The Cardano founder expressed concerns about the current arrangement, where board members are appointed by the Swiss government without community input. He also urged the community to ask questions about individuals related to the foundation's past decisions and its relationship with Intersect. In light of this, Hoskinson criticized the foundation for remaining in Switzerland instead of moving to regions like Abu Dhabi or Wyoming, which support more inclusive governance models. According to Hoskinson, this move would enable the community to collaborate with the foundation to establish a new structure that promotes transparency and member participation.The Cardano Foundation was established in 2016 and operates under Swiss law, which does not allow for community-based board elections. Meanwhile, as Hoskinson made his latest remarks, the organization continues to face criticism over governance issues, internal conflicts, and the marginalization of major donors.

ChainCatcher news, according to Globenewswire, U.S. publicly traded company Banzai International, Inc. (NASDAQ: BNZI) announced that its board of directors has approved the purchase of Bitcoin as a financial reserve asset. The board has authorized Banzai to use company funds to purchase and hold Bitcoin, up to 10% of the company's corporate financial accounts, to achieve diversification of financial assets and hedge against inflation.Banzai founder and CEO Joe Davy stated, "We believe that Bitcoin will diversify our assets and allow us to benefit from the potential long-term value of Bitcoin."It is reported that Banzai is a marketing technology company that provides essential marketing and sales solutions.

ChainCatcher news, publicly traded company Jiva Technologies announced that its board has approved the purchase of $1 million in Bitcoin as part of its reserve asset and corporate fund management strategy. Its CEO Lorne Rapkin stated that the inherent scarcity and limited supply of Bitcoin make it a modern hedge against inflation and a safe haven during times of economic uncertainty. The company will also closely monitor its Bitcoin holdings to ensure alignment with market conditions and the company's cash flow requirements.

ChainCatcher news, according to PR Newswire, the NASDAQ-listed company Anixa Biosciences, Inc. (NASDAQ: ANIX) announced that its board has approved the purchase of Bitcoin as a treasury reserve asset, aimed at diversifying the company's assets while allowing Anixa to benefit from the potential long-term value of digital assets.It is reported that Anixa is a clinical-stage biotechnology company focused on cancer treatment and prevention.

ChainCatcher news, reported by ACCESSWIRE, U.S. publicly traded company Interactive Strength announced that its board of directors approved the purchase of up to $5 million in Bitcoin, but not exceeding 25% of the company's average daily cash holdings over the previous three calendar months.In addition, the company plans to accept certain cryptocurrency payments, allowing customers to flexibly use digital currencies to purchase its products. As part of this plan, the TRNR board has approved keeping these crypto payments within the same limits as its treasury reserve assets, reflecting the company's confidence in the long-term potential and value of digital assets.It is reported that Interactive Strength is a manufacturer of innovative professional fitness equipment under the CLMB and FORME brands.

ChainCatcher news, Nasdaq-listed company Steakholder Foods Ltd. announced that its board of directors has approved the purchase of up to $1 million in Bitcoin or an index tracking cryptocurrencies.Steakholder Foods CEO Arik Kaufman stated, "As the demand for cryptocurrencies continues to grow and their acceptance as an asset class increases, we believe that Bitcoin or a diversified basket of cryptocurrencies including Bitcoin will become a strong financial reserve asset for the company. Given the recent approvals of cryptocurrency ETFs and the increasing support from institutional investors, cryptocurrencies can serve as a great complement to our financial strategy, aiming to provide practical value storage."It is reported that Steakholder Foods is a manufacturer of alternative proteins and 3D printing technology, and it is a company from Israel that is listed on Nasdaq.

ChainCatcher news, according to PR Newswire, the U.S. publicly traded company Hoth Therapeutics announced that its board of directors has approved the purchase of up to $1 million in Bitcoin.Hoth CEO Robb Knie stated, "With the continued growth of Bitcoin and its gradual emergence as a major asset class attracting investor attention and recognition, we believe Bitcoin will become a powerful financial reserve asset. With the recent approval of Bitcoin ETFs and the increasing activity of institutional investors, Bitcoin will serve as a strong complement to financial strategies. We believe that Bitcoin's anti-inflation characteristics may make it a reliable asset with value storage capabilities."

ChainCatcher news, according to Accesswire, the U.S. publicly traded company LQR House Inc. (NASDAQ: LQR) announced today that its board has approved the purchase of $1 million worth of Bitcoin as part of its capital management strategy. Additionally, the company will now accept cryptocurrency payments on CWSpirits.com, allowing customers to flexibly use digital currency to purchase alcoholic beverages. As part of this plan, LQR House has adopted a policy to hold up to $10 million in cryptocurrency payments as Bitcoin, reflecting the company's confidence in the long-term potential and value of digital assets. The press release stated that while Bitcoin will now be incorporated into LQR House's diversification strategy, the company remains firmly committed to its core business.

ChainCatcher news, Circle co-founder Jeremy Allaire announced that Bradley Horowitz has joined the Circle board.Bradley Horowitz is a seasoned product and business leader, entrepreneur, and renowned seed investor in Silicon Valley. Bradley was responsible for search and media infrastructure at Yahoo and led the development of several popular products at Google.Jeremy Allaire stated that Bradley's humility, enthusiasm, creativity, and wisdom will make significant contributions to the company, and he looks forward to working with him to advance the construction of a new infrastructure platform for the internet economy.

ChainCatcher news, the board of Guofu Innovation Co., Ltd. announced that its wholly-owned subsidiary, Fuqiang Securities Co., Ltd., has obtained the approval from the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset trading services to professional investors. Guofu Innovation stated that this move will expand the customer base, offer more diversified services, bring new revenue growth points, and promote the synergy among various business segments of the group, contributing to the achievement of long-term development goals.

ChainCatcher message, Musk commented on the voting results on "Should Tesla invest $5 billion in xAI" on X: "It seems that the public is still in favor. Will discuss with the Tesla board."

ChainCatcher news, the board of the Central Bank of the United Arab Emirates (CBUAE) has approved the release of regulations for the licensing and regulation of stablecoins, which clarify the issuance, licensing, and regulation of payment tokens backed by the UAE Dirham (AED). UAE lawyers stated that payment tokens must be backed by the UAE Dirham (AED) and cannot be pegged to other currencies, digital assets, or algorithms. Merchants and service providers can only accept AED-backed tokens and cannot accept other virtual assets.

ChainCatcher news, according to The Block, Lindsey Haswell, the Chief Legal and Administrative Officer of Web3 payment infrastructure company MoonPay, has been appointed to the board of iShares Delaware Trust Sponsor LLC by BlackRock Asset Management International Inc. She will replace Kimun Lee, who will resign on November 6, 2024.It is reported that before joining MoonPay, Haswell held the same position at Blockchain.com. Haswell is also a founding member of Core Blockchain and a contributor to Core Dao.