Metaplanet shares jump 15% after buying 107 Bitcoin
Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin.
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$43K BTC flipping support? Not anytime soon, according to derivative metrics
Bitcoin (BTC) showed strength on March 22, posting a 5% gain and testing the $43,000 resistance. The move liquidated over $150 million worth of leverage short positions, those betting on a declining price using futures contracts.Some Twitter analysts attribute the price improvement to the Do Kwon, the co-founder of blockchain protocol Terra. During a recent…
Qtum Awards $400K Grant to Columbia University Research Team for Smart Contracts R&D
Open source blockchain project Qtum has awarded a $400,000 grant to academics at Columbia University to fund the development of a new programming language for Ethereum (ETH)-style smart contracts. The news was announced in an email shared with Cointelegraph Dec. 19.The research and development (R&D) grant will go to a team of two PhD and…
Colorado governor says he expects state to accept tax payments in crypto by summer
The governor added that paying taxes in crypto was likely just the first step, with using digital asset payments for certain licenses to follow "within a few months." Jared Polis, the governor of Colorado, has announced that the state government plans to allow residents to pay taxes in cryptocurrencies as early as summer 2022.In a…
‘Definitely not bullish’ — 7% Bitcoin price gains fail to convince traders
Bitcoin (BTC) may have erased its Binance “FUD” losses, but popular traders are anything but bullish.Despite gaining up to 7.5% versus its March 28 lows, BTC/USD is causing more suspicion than excitement with its return to local highs.$30,000 stays breaker for bullish sentiment flipIn a move which echoes its reactions to previous news events such…
FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations
Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design. FTX has recovered about $7 billion in liquid assets so far, and the search for additional assets is continuing, CEO John Ray said in the FTX Debtors’ second interim report, released June…
US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
PNC — the United States’ eighth-largest bank, with almost $400 billion in assets — has become the country’s first to start using the RippleNet blockchain network for cross-border payments.Fintech Futures reported on Aug. 29 that PNC Treasury Management is now offering RippleNet-based cross-border payments solutions to its commercial clients, claiming that the blockchain solution will…
Klaytn token down 15% in a month, but network’s TVL shows resilience
Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token's current total value stands at $3 billion, down roughly 70%.KLAY/USD on Binance. Source: TradingViewAlthough not as well known as the leading smart contract blockchains, Klaytn remains a…
It’s Not Too Late for Some Victims of the Twitter Scam to Get Their Money Back
The countdown clock has expired for many, but not all. 1320 Total views 16 Total shares There are still 14 victims of the massive Twitter hack that could still get their Bitcoin back.These victims sent some Bitcoin to a hacker address, but their transactions are still unconfirmed on the Bitcoin network. They are currently hanging…