MicroStrategy announces pricing of strike preferred stock offering
According to SaylorTracker, MicroStrategy is up over 65% all-time on its Bitcoin investment and is trading at a net asset value of 1.73x.
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Russian crypto market worth $500B despite bad regulation, says exec
Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life's founder said. 63 Total views 5 Total shares The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive.Sergei Khitrov, founder of the Russian cryptocurrency event…

Focus on USDT and DeFi as 5-Year Anniversary of Ethereum Approaches
Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts. 1707 Total views 25 Total shares Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary…

Samsung Files Patent for ‘Programmable Blockchain Solid State Drive’
South Korean consumer electronics giant Samsung has filed a patent for a blockchain-enabled Solid State Drive (SSD).“Programmable blockchain solid state drive and switch”Local industry news outlet Decenter reported on Sept. 3 that Samsung applied for the “programmable blockchain solid state drive and switch” patent on Jan. 15 and that it has been published on Feb.…

Tom Brady’s NFT platform Autograph raises $170M to scale operations
The company said it planned to use the funds to scale its NFT technology and hinted at a series of partnerships aimed at expanding its user base. 976 Total views 8 Total shares The nonfungible token (NFT) marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding…

Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar, as an "over-collateralized stablecoin," meaning its likelihood of slipping below $1 should be lower due to excessive reserves backing its valuation.USDD stablecoin slips below $1 pegBut it was not enough to keep USDD's price anchored to $1 on Nov. 8 when…

Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hash rate increases
Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.The CBECI was launched in July 2019 in an effort to provide reliable data-driven insights to questions about Bitcoin mining’s energy-intensive nature

Iggy Azalea's anti-scam plan: Burn her own coins
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins, showing her commitment to building trust and integrity within the cryptocurrency community.

Chinese Police Investigate ‘Exit Scam’ by Iranian Crypto Exchange
Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam. 2389 Total views 35 Total shares Bitisis, an Iran-based cryptocurrency exchange platform targeting Chinese investors with investment opportunities, has reportedly pulled an exit scam.Chinese police are currently investigating the exchange’s disappearance, with the platform appearing to have…