Microstrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain
According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase…
Day: 9 March 2024
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions…
NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC
Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62%…
Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone
In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi)…
Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC
Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central…
SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry…
Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative
The government of Hong Kong has announced Project Ensemble, an initiative that will test the…
Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs
The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal…
Financial Journalist Alan Kohler: Bitcoin Is an ‘Insurrection’
Alan Kohler, an Australian financial journalist, stated Bitcoin is an “insurrection,” given the tightly controlled…
Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for…
The Ten Best Cloud Mining Sites in 2024 – A Complete Guide
This can be a great way to start cryptocurrency mining as it eliminates the need…
‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex Hack
The intricate saga of the Bitfinex heist, involving the disappearance of $4 billion in bitcoin,…
Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows
The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting…
Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan…
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
Authorities in Egypt recently allowed the local currency’s exchange rate versus the U.S. dollar to…