MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues

Back was one of the few people cited in the original Bitcoin white paper. 720 Total views 10 Total shares Ever since his childhood years, Adam Back, now CEO of Blockstream, would spend his time fidgeting with programming code to look for encryption keys embedded in the software. Born in 1970, the London native completed…

Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets. 722 Total views 2 Total shares While a presentation yesterday from Boston Federal Reserve President Eric Rosengren has some members of cryptoTwitter spooked at the idea of regulation and oversight, the central bank might simply be pondering…

As of 2022, more than 30 million Brazillian citizens have no bank accounts, and no credit or debit cards. What’s wrong here?For roughly a decade, Brazil has been passing legislation aimed at changing the situation. However, the results have fallen short of expectations. To better understand the reason, let’s take a step back to look…

Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”

Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s noteThe concept of monopoly will reign in today’s Law Decoded. As a fundamental principle, blockchain technology is about distributing both inputs and outputs of information securely. In its still very young lifecycle, the technology has proven…

As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers, which has been historically used for conducting phishing attacks. 248 Total views 3 Total shares New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi’s proactive warning about…

While many analysts believe Bitcoin is destined for six-figures if support at $40,000 can hold up, others are predicting an imminent bear cycle. 575 Total views 9 Total shares The price of Bitcoin has slumped below $40,000 for the first time in six weeks.The slide took place near the close of the day on Sept.…

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