MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin

Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing broader contagion risks. This attack exposed vulnerabilities across DeFi projects and sparked efforts to recover stolen funds over the past few days,…

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Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the XRP ledger, the company announced in a blog post on Feb. 13.Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time XRP community developer and one of the three XRPL Labs co-founders —  is a “proven…

The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency exchange, looks like another misguided attempt by the SEC to exert control over an industry that fundamentally challenges an outdated regulatory playbook. The agency’s lawsuit, filed in November, accuses Kraken of operating as an unregistered securities exchange.The lawsuit

Tencent Yujian Threat Intelligence Center says that a Ryuk ransomware virus has been spotted in China.The intelligence center released information on the outbreak in a report on July 16.According to the report, Ryuk viruses are a family of malware aimed at infecting government and enterprise machines holding valuable data. According to the report, a Ryuk…

In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member. 90 Total views 30 Total shares The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed,…

The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings.

“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call. 24 Total views 1 Total shares Cryptocurrency exchange Coinbase has disclosed its first net loss as a public company of $430 million…

The former CEO of Bitmain, one of the largest bitcoin (BTC) mining pools globally, has launched a crypto-related financial services startup, according to a Bloomberg report on July 8.Following reports on the initiative in early June, Bitmain co-founder and former CEO Wu Jihan officially launched a new crypto trading platform today that purportedly offers over-the-counter…