'Like Bitcoin on steroids' — Why is MSTR stock trading at a 2.7x premium?
MicroStrategy stock trades at a premium to its Bitcoin holdings mainly due to its leveraged strategy and cash flows from its software business.
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Euler Finance blocks vulnerable module, working on recovering funds
Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds. 183 Total views 3 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in…
BTC traders caught off guard: 3 reasons Bitcoin dropped 2% in just 1 hour
The price of Bitcoin (BTC) declined by 2% in under an hour in a sharp correction on Nov. 2, catching traders off guard. Coincidentally, the CME Bitcoin futures market opened with a new gap, making $13,100 an area of interest for sellers.Three technicals reasons likely fueled the abrupt decline in the price of Bitcoin: CME…
Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government. 174 Total views 16 Total shares A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”In…
SBI Holdings, R3 Embark on ‘Joint Venture’ to Boost Corda Blockchain Use in Asia
Japanese financial services company SBI Holdings will partner with software firm R3 to expand local use of its Corda blockchain platform, Cointelegraph Japan reported Dec. 5.Quoting local news outlet Nikkei, the report reveals that SBI, which is involved in multiple cryptocurrency and blockchain-related activities, will expand on its existing investment in R3 to create a…
Unlocking Cultural Markets with Blockchain: Web3 Brands and the Decentralized Renaissance
“The actual context and state of content [on the internet] is going to be so different to anything we can envisage at the moment, where the interplay between the user and the provider will be so in sympatico it’s going to crush our ideas of what mediums are all about.”— David Bowie, BBC Newsnight 1999 Bowie…
Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi
Siam Commercial Bank, over a century old, doesn't fail to keep up with the times. 898 Total views 16 Total shares Siam Commercial Bank — Thailand's oldest bank, established by royal charter back in 1907 — is cementing its reputation as a strong backer of innovative financial technologies. The institution's venture arm, SCB 10X, has…
Trump's 4th NFT collection sees $2.2M in sales
Donald Trump’s latest NFT collection sparked criticism, with some describing the former president’s crypto push as a “grift.”
Former MLB star sells $1M worth of NFTs in one minute
Former baseball player Micah Johnson sold $2 million worth of NFTs depicting his sculpture. 3582 Total views 15 Total shares Micah Johnson, a former MLB player-turned artist, sold a whopping $1 million worth of tokenized art in just one minute on the Winklevoss-owned NFT marketplace Nifty Gateway.The auction, which launched on Feb. 21 and lasted…