Coinbase to sponsor NBA team in aftermath of FTX collapse
FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded.
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Grayscale parent Digital Currency Group plans to buy $250M of its own GBTC shares
In a further sign of a shake-up in the institutional market, DCG is eyeing the purchase along with hiring ETF specialists. 537 Total views 8 Total shares Cryptocurrency asset manager Grayscale has a new buyer of shares in its Grayscale Bitcoin Trust (GBTC) — its owner.In a press release on March 10, Grayscale parent company…
Congresspeople chastise the Treasury for rushing new crypto monitoring proposal
As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. 1759 Total views 9 Total shares Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Thursday letter is in response to the Treasury's recent proposal to make…
BlockFi exec argues bankruptcy court should approve bonuses to retain talent
According to Megan Crowell, losing certain employees could "severely [limit] the debtors’ options" amid bankruptcy proceedings. 228 Total views 3 Total shares Own this piece of history Collect this article as an NFTMegan Crowell, the chief people officer at crypto lending firm BlockFi, has petitioned a court to allow bonuses for “key employees” amid Chapter…
MicroStrategy makes good on promise to buy another 17K Bitcoin
MicroStrategy is competing with Grayscale in a Bitcoin acquisition race, according to Barry Silbert. MicroStrategy acquired 16,796 more Bitcoin (BTC) for $175 million, adding to its previous purchase of 21,454 BTC. Now, it owns 38,250 Bitcoin, according to its latest disclosure to the United States Securities and Exchange Commission. This occurred on the same day that its…
Iranian Government to Cut Off Power to Crypto Mining Until Approval of New Energy Prices
The Iranian government will be cutting off power to crypto mining until new energy prices are approved, according to a report by local news agency Iran Daily on June 24.Mostafa Rajabi Mashhadi, an official at Iran’s Ministry of Energy, reportedly revealed that the country has seen a 7% spike of electricity consumption over a monthly…
What is ethical hacking, and how does it work?
Ethical hacking, also known as “white hat” hacking, is the process of identifying and exploiting vulnerabilities in a computer system or network in order to assess its security and provide recommendations for improving it. Ethical hacking is done with the permission and knowledge of the organization or individual that owns the system being tested.Ethical hacking…
Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone
The relatively good times could continue next month, one prediction says after July manages to reverse the worst of the 2022 crypto downturn. 695 Total views 6 Total shares Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week moving average in focus…
Polychain Capital, Coinfund raise $350M for new crypto funds: Report
Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million. 31 Total views 1 Total shares Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund with respective reported raises of $200 million for a new investment fund and $152 million for a seed fund.A…