MicroStrategy's Bitcoin buys clock $17B profit

The Tron Foundation issued an official response to a recent protest against a ponzi scheme that went under a Tron-like name, today, July 8.As Cointelegraph previously reported, protestors swarmed the Beijing research and development offices of Raybo technology — a partner firm of Tron’s —  to express outrage at a local cryptocurrency scam operating under…

Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission. 1693 Total views 1 Total shares Talos, an up-and-coming institutional technology provider for cryptocurrency trading, has secured $40 million in Series A funding from some of the biggest venture capitalists in the digital asset…

Approximately $215 million of stolen assets have since been recovered. According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies lost in scams, hacks, and rug pulls amounted to $656 million during the first quarter of 2023. This includes the loss of $471.43 million in 108 protocol attacks, $108…

Smart contracts are essentially programs that run when specific criteria are satisfied and are maintained on a blockchain.  Smart contracts are usually used to automate the execution of an agreement so that all parties can be sure of the decision right away, without intermediaries or wasting time. They can also automate a workflow, starting when…

Cryptocurrency hedge fund Polychain Capital saw its assets under management (AUM) shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. The news was reported on by the Wall Street Journal on April 11.The WSJ’s sources attributed the steep decline to a drop in the value of the fund’s holdings amid a…

Grayscale’s managing director talks inevitability of a Bitcoin exchange-traded fund, or ETF. 698 Total views 11 Total shares The crypto market may finally see a Bitcoin ETF approval, although regulators need more time. “We think a Bitcoin ETF is a matter of when, not a matter of if,” Grayscale Investments managing director, Michael Sonnenshein, told Morgan…

The debit card was made possible thanks to an alliance with a Spanish neobank 1166 Total views 21 Total shares Bitcoin (BTC) P2P marketplace Paxful has partnered with Spanish neobank Bnext to launch its first crypto debit card in Mexico.The partnership will allow Paxful’s Mexican customers to use their crypto funds to pay with a…

On-chain indicators such as the Bitcoin MVRV Z score, Puell Multiple and HODL Waves paint a bullish picture for Bitcoin investors.

Square will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022. 149 Total views 4 Total shares Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding competition with global payment giants like PayPal by acquiring a major Australian lending company.Square announced Sunday that the firm…