MicroStrategy raises $1.01B for Bitcoin acquisitions

The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds. 298 Total views 11 Total shares FTX’s former primary counsel Fenwick & West LLP has been hit with a class-action suit claiming it aided the crypto exchange’s alleged multi-billion dollar fraud.An…

The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.

British regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country. 2378 Total views 11 Total shares John Glen, the United Kingdom's financial services minister, has said that stablecoins will be the main focus of the government’s crypto regulatory activity.Glen made delivered…

It's all about a sea of Bitcoin resistance around $25,000 as the week draws to a close, but some favor the good times continuing. 38 Total views 1 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) climbed back above $24,000 at the Feb. 17 Wall Street open as analysis…

Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed.Per the announcement, VinX plans to develop a token-based digital wine futures platform based on the Bordeaux futures model,…

According to Megan Crowell, losing certain employees could "severely [limit] the debtors’ options" amid bankruptcy proceedings. 228 Total views 3 Total shares Own this piece of history Collect this article as an NFTMegan Crowell, the chief people officer at crypto lending firm BlockFi, has petitioned a court to allow bonuses for “key employees” amid Chapter…

Former congressman Ron Paul believes Bitcoin should be regulated and taxed the same as money. 2988 Total views 4 Total shares Former presidential candidate and congressman Ron Paul has renewed calls for Bitcoin to be legalized as money and not taxed. Paul is a staunch libertarian and author of the Bitcoiner favorite “End the Fed,”…

United Arab Emirates’ (UAE) Ministry of Health and Prevention (MoHAP) has launched a blockchain system for recording and sharing healthcare data.The official news agency of the UAE reported the development on Sept. 18, noting that the system aims to improve data integrity.A healthcare data sharing solutionPer the report, the platform will “save and share the…

Coinbase posted an in-depth explanation of its Jan. 29 platform difficulties. 1131 Total views 7 Total shares On Jan. 29, a number of Coinbase users reported issues with the platform’s buy and sell functions. The Coinbase difficulties arose just a day after Robinhood barred GameStop share purchases following surging prices on the stock. A recent…