MicroStrategy wipes $30B in biggest 4-day drop amid Bitcoin correction

Former Bitstamp executive Miha Grčar is joining Kraken as head of business development. 866 Total views 8 Total shares Kraken, a San Francisco-based digital currency exchange, has added a proven crypto industry leader to its executive team, underscoring the firm’s continued expansion this year. In an official blog post, Kraken announced Tuesday that Miha Grčar has…

Bitcoin (BTC) price perked up today, rallying from $5,688 to a daily high at $6,600. The digital asset defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to show growing strength in the face of wilting equities markets. Interestingly, gold and silver prices also rallied 4.42% and 5.94% as…

One of Canada’s top crypto exchanges, Coinsquare, has partnered with United States cryptocurrency payments startup Flexa to bring in-store digital currency payments to Canada.In-store crypto payments in CanadaCanadian cryptocurrency exchange Coinsquare announced on Aug. 13 that it will work with U.S.-based crypto payments startup Flexa to expand its in-store crypto payment processing services to Canada.…

The U.S. House Committee explores blockchain and Web3’s future as industry leaders testify on democratizing the internet and regulatory challenges. 136 Total views 2 Total shares The House Energy and Commerce Committee Subcommittee on Innovation, Data and Commerce gathered on June 7 to discuss blockchain technology and the future of Web3. Crypto industry members including…

Over 50 members, including officers from companies such as Ethereum Foundation, Blockchain Capital, and Messari, have joined blockchain accelerator Startup Studio backed by Fidelity.In a blog post published today, July 18, IDEO CoLab Ventures — which stands behind the blockchain accelerator program — revealed that over 20 leading organizations joined Startup Studio, bringing more than…

Following the Jan. 12 raid on its Sofia offices, Nexo described prosecutors’ actions as a “kick first, ask questions later” approach. 377 Total views 18 Total shares Own this piece of history Collect this article as an NFTLess than 48 hours after a raid on cryptocurrency lender Nexo’s offices in the Bulgarian capital of Sofia,…

BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended. 159 Total views 1 Total shares Bitcoin (BTC) and cryptocurrency holders are enjoying the fruits of their labor on Feb. 10 after Bitcoin price rallied shortly after the U.S. Bureau of Labor Statistics showed a blistering…

Former Myspace CEO and founder Chris DeWolfe believes that “play-to-earn represents the future of gaming.” 127 Total views 3 Total shares While many gamers are critical of blockchain-based gaming, Myspace co-founder Chris DeWolfe believes adoption is on the way as the business model inherently provides players more control over their in-game experiences.DeWolfe, who is now…

The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network. 474 Total views 10 Total shares The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing…