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Society Pass Incorporated Announces Closing of $3 Million Public Offering of Common Stock Priced At Premium to Market Under Nasdaq Rules
NEW YORK, Dec. 31, 2025 (GLOBE NEWSWIRE) — Society Pass Incorporated (Nasdaq: SOPA) (the “Company”), Southeast Asia’s (SEA) next generation e-commerce ecosystem, today announced the closing of its previously announced best efforts public offering of an aggregate of 1,500,000 shares of its common stock at a public offering price of $2.00 per share, for aggregate gross proceeds of $3 million, before deducting the placement agent’s fees and other offering expenses payable by the Company. The offering was priced at a premium to market under Nasdaq rules.Rodman & Renshaw LLC acted as the exclusive placement agent for the offering.The Company intends…
Crypto Reporter Shalini Nagarajan Crypto Reporter Shalini Nagarajan Part of the Team Since Jan 2024 About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Share Last updated: December 31, 2026 The US derivatives watchdog is bringing back a familiar face from Bitcoin’s first leap into regulated markets, as Amir Zaidi returns to the Commodity Futures Trading Commission as chief of staff ahead of what Washington calls a pivotal year for crypto rules. The CFTC said on Dec. 31 that Chairman Michael S. Selig appointed Zaidi to the role,…
South Korea’s Financial Services Commission (FSC) has reportedly proposed limiting major shareholders of cryptocurrency exchanges to 15-20% ownership stakes, a regulatory bombshell dropped on December 30-31 that is now casting a long shadow over the industry’s outlook for 2026.The proposal would force the founders and controlling shareholders of Korea’s top five exchanges to divest significant portions of their holdings.Sponsored SponsoredA New Year Clouded by UncertaintyThe timing of the announcement—just days before the new year—has left industry participants scrambling to assess the implications. A local media outlet first broke the story on December 30, which was subsequently covered by major financial…
Bitcoin’s mining sector reached zettahash scale in 2025, significantly enhancing the network’s security and computational power. Transitioning from 801 exahashes per second at the beginning of the year to achieving zettahash levels by September, this development marks a pivotal shift in the landscape of digital currency mining, according to data from blockchain analytics firms. This milestone in mining capacity is significant for several reasons. Firstly, it underscores the advancement in technology and infrastructure supporting Bitcoin’s decentralized network. The zettahash milestone, equivalent to one sextillion hashes per second, represents an unprecedented increase in computational power, making the Bitcoin network more secure…
>>>> gd2md-html alert: inline image link in generated source and store images to your server. NOTE: Images in exported zip file from Google Docs may not appear in the same order as they do in your doc. Please check the images!—–>If you used AI seriously in 2025, you probably noticed the shift. One chatbot stopped being enough. Different platforms started outperforming each other in wildly different ways—research here, video generation there, code scaffolding somewhere else. It forced everyone to rethink their setup.Last year, the AI community wanted to know which model was the king of AI. Now, companies are betting…
People have been debating the meaning of the term “indie game” for years. What is an indie game? On paper, Hades 2 and Hollow Knight Silksong are both indie games, as they’re games self-published by developers that are not connected to a larger publisher.But they’re also both huge sequels to huge games—essentially guaranteed success, to some degree, unless things go spectacularly wrong. (They didn’t.) Compare that to something like Blue Prince, an original puzzle game that barely anyone had heard of before it hit storefronts this spring.There are other games that seem to better fit the indie designation, like Clair…
Wintermute reports repeated selloffs as Bitcoin briefly dipped below $85K and Ethereum fell under $3K last week. As 2025 draws to a close, cryptocurrency markets are still volatile, with traders facing hundreds of millions in daily liquidations despite typically quiet holiday trading. This persistent instability, marked by sharp price swings and failing rallies, reflects a market still struggling to recover from a historic crash and now grappling with structural uncertainty heading into the new year. Heavy Liquidations Expose Fragile Year-End Market Structure According to a recent report by market maker Wintermute, downside pressure intensified early last week, with Bitcoin (BTC)…
When you’re looking to gain an edge in the markets, understanding how to trade block trades can provide valuable insights into institutional investor behavior. These massive buy and sell orders, typically involving 10,000 shares or more, offer a window into what hedge funds and major financial institutions are doing with their portfolios. For retail traders, learning to spot and interpret these large transactions can help identify potential trading opportunities before the broader market catches on. What Are Block Trades and Why Do They Matter? Block trades represent substantial buy or sell orders executed by institutional investors, hedge funds, and other…
The crypto sector reportedly saw a record $8.6 billion worth of deals in 2025, as the crypto-friendly Trump administration gave confidence to crypto-focused mergers and acquisitions.The Financial Times reported on Wednesday that 267 deals were inked in the crypto industry up to Dec. 23, up 18% from 2024. The $8.6 billion in deal value is a nearly 300% jump from last year, which saw $2.17 billion in deals, and the growth is expected to continue into 2026.Coinbase made the biggest acquisition of the year with its $2.9 billion purchase of the crypto options trading Deribit, the biggest-ever acquisition in crypto.Other…
Balancer suffered a major exploit in November that resulted in the theft of almost $120 million worth of digital assets. Gnosis Chain said its community of node operators has executed a hard fork to recover funds linked to the Balancer exploit. This week, Gnosis confirmed that the assets are now out of the attacker’s control and urged remaining operators to update their nodes to avoid penalties. It has not yet specified the exact total amount of funds recovered. Validator-Approved Hard Fork In a post on X, the network said the decision was taken by operators following weeks of discussion after…
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