MicroStrategy shares fumble as Q3 earnings fall just short of estimates
MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections.
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Fintech company Leonteq expands crypto offering in Europe
Swiss-based financial firm Leonteq have launched an investment suite of 18 crypto assets with an inherent focus on institutional investors throughout Germany and Austria. 390 Total views 83 Total shares Following the successful expansion of its cryptocurrency service within its homeland of Switzerland, fintech firm Leonteq has now launched a collaborative effort with ICF Bank…
Binance CEO says US crypto exchange will go public in three years
Binance US plans to close a major private funding round in the next two months to become more independent from Binance. 1301 Total views 22 Total shares Binance’s affiliate United States-based cryptocurrency exchange Binance US is targeting an initial public offering (IPO) in 2024, according to Binance CEO and founder Changpeng Zhao.BinanceUS is planning to…
Mastercard and Paxos help banks offer crypto, Jack Dorsey details new social platform and Tesla hodls BTC: Hodler’s Digest, Oct. 16-22
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Cryptojacking Code Found in Eleven Open Libraries, Thousands Infected
A Cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times.Industry news outlet Decrypt reported on Aug. 21 that cryptojacking code has been added to 11 open-source Ruby libraries distributed on the RubyGems platform. Per the report, the infected libraries were downloaded over three and a…
Clues to Explain Yesterday’s Bitcoin Hash Rate Flash Crash
The Bitcoin (BTC) network’s hash rate suffered a mysterious flash crash on Sept. 23, in a sudden intraday plummet from 98,000,000 TH/S to 57,700,000 TH/s.By press time, levels have recovered back to 92,800,295 TH/S— yet remain shy of their recent record of 102,848,135 on Sept. 18, as data from Blockchain.com reveals:Bitcoin network hash rate, Oct.…
Former US Gov’t Official, Capital One Exec Joins Payments Startup C Labs
Cryptocurrency payment startup C Labs has hired former United States government official Jai Ramaswamy to oversee the company’s compliance strategy.On Nov. 26, Coindesk reported that Ramaswamy had joined C Labs, the company responsible for Celo, which is an open platform that makes financial tools accessible to anyone with a mobile phone.Ramaswamy’s credentialsAlso a former managing…
Bitcoin’s $6.1 billion options expiry was not enough to break the bearish sentiment
Bulls had a 90% higher open interest coming into Dec. 31 options expiry but bears managed to balance the scales at $47,175. 3629 Total views 22 Total shares Bitcoin's (BTC) price has been ranging between $46,000 and $52,000 for 26 days. Despite the large nominal $6.1 billion year-end options expiry, the bullish and bearish instruments…
Polygon raises $450M in Sequoia-led funding round
Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. 186 Total views 2 Total shares Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to…