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Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking
17.8.2024
After Michael Saylor, Microstrategy’s executive chairman, disclosed that the company now holds 226,500 BTC valued at $13.4 billion, it turns out the firm’s bitcoin (BTC) holdings have gained 61% profit. Interestingly, while blockchaincenter.net’s ‘There Is No Second...
This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?
17.8.2024
In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51%...
Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work
17.8.2024
This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring...
Binance Goes Live in India: Full Access for Indian Users
17.8.2024
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have...
Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows
16.8.2024
A recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors. This report, derived from 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), offers...
Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order
16.8.2024
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which alleged that the money was linked to money laundering...
Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets
16.8.2024
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while Blackrock’s portfolio was around $21.02...
Malaysia adopts Worldcoin for personal verification and digital ID
16.8.2024
Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
16.8.2024
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale
South Africa’s new AI framework sets foundation for tech leadership
16.8.2024
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy
Dubai court recognizes crypto as a valid salary payment
16.8.2024
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions
Bank of Ghana unveils draft rules for cryptocurrency exchanges
16.8.2024
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures
Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada
16.8.2024
Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and economic freedom. “It’s time to put...
Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024
16.8.2024
Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At the “Crypto4Harris” event supporting Vice President Kamala Harris’...
Web3 Name Service Firm Unstoppable Domains Secures ICANN Accreditation
15.8.2024
Unstoppable Domains has achieved accreditation from the Internet Corporation for Assigned Names and Numbers (ICANN), marking its entry as a significant onchain player in the broader domain industry. The accreditation positions the company as the largest ICANN-accredited registrar in the Web3...
Immutable taps Fireblocks to help game developers manage digital assets
15.8.2024
Immutable teams up with Fireblocks to secure asset management for Web3 games, NFTs and DeFi projects within its ecosystem.
New DeFi protocol Nudge aims to unlock hidden value in users’ wallets
15.8.2024
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value
Sotheby's to sell CryptoPunk and Beeple NFT at digital auction
15.8.2024
The online event will occur at 7 pm UTC and end on Aug. 22.
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
15.8.2024
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said
Pro-Crypto Fairshake PAC Funds Democrats in Key Senate Races
15.8.2024
A pro-cryptocurrency political group, Fairshake PAC, has invested millions in supporting Democratic Senate candidates in Michigan and Arizona against former President Donald Trump-endorsed Republicans, causing tension within the GOP. Fairshake PAC, along with its affiliated super PACs, committed...