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Scroll Airdrop Allocation Met With Dismay From Farmers


Airdrop farmers are up in arms over the release of layer-2 network Scroll's airdrop allocation this week, with 7% being set aside for early adopters whilst centralized exchange Binance will receive 5.5% for its Launchpool users

Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW


Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power...

Why Socialism Fails: A Misesian Perspective


Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production. Ludwig von Mises, in his seminal work “Socialism: An Economic and Sociological...

Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC


On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...

MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe


MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience. The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews

Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan


As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account. The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews

BlackRock’s Global Allocation Fund to Invest in Spot Bitcoin ETFs


BlackRock, the world's largest asset manager, announces spot Bitcoin ETF inclusion in its popular Global Allocation Fund. This move reflects BlackRock's expanding cryptocurrency investments, which include its own rapidly growing iShares Bitcoin Trust (IBIT). The post BlackRock’s Global...

Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund


In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission...

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