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Brazilian Police to Freeze Suspected Fraudsters’ Crypto Holdings


Brazilian police have asked courts to freeze the crypto holdings of suspected electronics-trading fraudsters as part of a “mega operation.” The Brazilian media outlet Livecoins reported that officers took part in an operation codenamed Spin-Off. The operation involves the Federal Police and...

Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million


Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a similar approach with its bitcoin holdings. Spacex...

Trump’s Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows


Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded...

Microstrategy’s Stock Soars 206% After Adopting Bitcoin Strategy


Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53 billion, and it has plans to buy even more. Microstrategy’s Stock...

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