MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.
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‘7 words is not a crypto policy’: Aussie opposition under fire as election looms
Australia’s opposition Labor party is facing criticism over its lack of formal policy regarding the cryptocurrency industry just days before a national election is expected to be calledPrime Minister Scott Morrison, from the Liberal Party, is expected to fire the starters pistol for a Federal election this weekend. However, the Australian Labor Party (ALP) is…
Trade finance: The latest industry to boost DLT adoption amid COVID-19
As the coronavirus pandemic continues to push more people out of their offices, many companies across the globe are adopting decentralized ledger technology to mitigate its effects and remain operational. Emmanuelle Ganne, senior analyst at the World Trade Organization, told Cointelegraph that “The current pandemic, which has a devastating impact on small businesses, is an opportunity…
Bank of Japan governor slams Bitcoin, calls BTC a speculative asset
The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility. 2522 Total views 6 Total shares Haruhiko Kuroda, governor of the Bank of Japan has joined the roll call of central bankers taking aim at Bitcoin (BTC) amid the current volatility.According to a report by Bloomberg on Friday, Kuroda argued…
BlockFi’s Data Breach May Allow Criminals to Extort Rich Clients
The crypto lending provider BlockFi reported on May 19 to have suffered a data breach that may put some of its clients in physical danger.According to its incident report, some of the company’s client data was breached through a SIM swap attack performed on one of its employees.The attackers successfully stole the email account and…
This is what your email could look like in Web3
Forget about tracking DAO votes, DeFi transactions or data breaches across many channels and platforms. Your Web3 mailbox will handle it for you without requiring your phone number or legacy email address. Instead, your wallet address will receive and organize all this information.At least, these are some of the promises made by Web3 communications companies…
Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed
For many investors crypto trading remains a rags-to-riches affair where inexperienced investors hope to strike it rich by buying the cheapest priced altcoins like many novice traders did in 2017.Currently, the majority of traders do not expect Bitcoin (BTC) to pump 50% or more in a single week as $18,400 seems rather infeasible. On the…
Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches
Bitcoin price briefly rallied above $60,000 but analysts say bulls are holding dry powder until after the March BTC futures expiry. 6516 Total views 19 Total shares Bitcoin (BTC) briefly reclaimed the $60,000 level on March 18 as concerns over the strength of the equities market mount due to rising U.S. Treasury yields. Data from Cointelegraph…
Meta files 8 digital asset and Web 3 trademark applications
It appears the trademark applications cover just about every aspect of the Web3 metaverse. 256 Total views 22 Total shares Meta, formerly Facebook, has filed eight trademark applications with the United States Patent and Trademark Office, or USPTO, relating to blockchain technology and its proposed metaverse. The applications and their fields of interest are as…