Kraken and BitGo will help distribute the first FTX payments in 2025

The Nasdaq-listed firm MicroStrategy (MSTR) is continuing to purchase hundreds of millions of dollars worth of Bitcoin (BTC), resulting in its company stock price to gain over 9% on Sep 16. MSTR stock recovers to pre-Covid levels after buying Bitcoin MicroStrategy first announced the firm is purchasing Bitcoin on Aug. 11, after which its stock price surged…

A parliamentary vote held by lawmakers in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale. Members of Slovakia’s National Council of the Slovak Republic — the country’s parliament — have voted to approve lowering crypto taxes, along with additional measures affecting cryptocurrency holders.On June 28,…

Already facing a suit from the U.S. SEC, Ripple is now accused of violating securities laws in Florida. 2071 Total views 11 Total shares Ripple Labs, a company behind the Ripple payment protocol and XRP-based products, is facing another lawsuit alleging the firm violated securities laws in the United States.According to a Jan. 25 court…

R/GA Ventures, the investment arm of international marketing company R/GA, is opening a blockchain investment studio in Oregon, the company announced in a press release published on April 24.The studio, dubbed Oregon Enterprise Blockchain Venture Studio (OEBVS), will be launched in partnership with several local companies participating in the blockchain industry. Namely, the release cites…

Bitcoin was designed as a peer-to-peer cryptocurrency, but as the network expanded, there was no way to avoid the growing influence of centralized crypto exchanges. Soon after Bitcoin’s launch, more people wanted to enter the system. While mining was an affordable option at the time, buying crypto with fiat money was more convenient, especially for…

Ethereum 2.0 is expected to launch within months, but new scaling solutions and gas-free transactions are already here. The network is also growing more popular, with the number of active wallets more than doubling since January to around half a million.Synthetix scales up optimisticallyThe developers behind the second-largest DeFi protocol, Synthetix, have partnered with Ethereum…

“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX. 1161 Total views 12 Total shares Changpeng Zhao, the chief executive officer of crypto exchange Binance also known as “CZ,” warned users its intention to acquire FTX may invite scrutiny…

Bitcoin's (BTC) market behavior is not yet “synonymous” with previous bear market bottoms, one of the leading crypto analysts argues.In a Twitter thread on Sept. 14, statistician Willy Woo, creator of data resource Woobull, offered three examples of why BTC/USD should still have further to fall.Despite many calling a new macro price bottom during June’s…