SOS Ltd to jump on Bitcoin bandwagon with $50M purchase, stock pops 40%
China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin.
Related Posts


Top 5 Crypto Performers: XMR, BTC, BNB, ETC, XRP
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.The current hot debate is whether bitcoin will continue to…

Raoul Pal believes institutions have finished taking profits as year winds up
Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell offs, but that the selling is likely done for now. 1654 Total views 33 Total shares Real Vision CEO Raoul Pal believes the recent volatility in the Bitcoin price is due to institutions selling to help shore up their end-of-year…

Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.

Coinbase Invests $1 Million in DeFi Projects UniSwap and PoolTogether
Coinbase continues to ramp up its support for decentralized finance (DeFi) applications, announcing a fresh $1.1 million investment via its USDC Bootstrap Fund for two projects in the field.The USDC Bootstrap Fund — launched by Coinbase and Circle as part of the Centre Consortium in early fall 2019 — aims to encourage DeFi development by…

Harris aide suggests VP will ‘support policies’ for crypto industry growth
The Democratic presidential candidate has been largely silent on digital assets since launching her campaign on July 21.

Lido assures LDO, stETH tokens remain safe despite flaw in token contract
The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns. Ethereum staking protocol Lido Finance has assured both Lido DAO (LDO) and staked-Ether (stETH) tokens remain safe despite hackers allegedly exploiting a known security flaw in LDO’s token contract.Lido didn’t confirm any

Rivals steadfast even as two Aussie crypto ETF providers bail
The last week has seen two digital asset ETF providers announce their planned exit from the market amid regulator scrutiny and the prolonged crypto winter. 462 Total views 5 Total shares Two digital asset exchange-traded fund (ETF) issuers in Australia are set to leave the market amid heightened regulator scrutiny and a deepened crypto winter,…

Bitcoin stays flat at $26K after PPL data as markets await Fed’s Powell
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments. 224 Total views 1 Total shares Bitcoin (BTC) stuck to $26,000 on June 14 as fresh United States macroeconomic data prints failed to move cryptocurrency markets.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewPPI offers Bitcoin bulls…