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Microstrategy Increases Bitcoin Holdings to 152,800 BTC — Plans to Buy More With $750 Million Stock Sales
3.8.2023
Nasdaq-listed Microstrategy has disclosed that it now holds 152,800 bitcoins, acquired for $4.53 billion. A total of 12,800 bitcoins were acquired in the second quarter. The company also revealed that it plans to buy more bitcoin with proceeds from sales of its common stock of up to $750 million....
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
Bitcoin, Ethereum Technical Analysis: BTC Surges Towards $30,000, Following Latest Microstrategy Filing
2.8.2023
Bitcoin moved towards the $30,000 level on Aug. 2, as markets reacted to the latest filings by Michael Saylor’s Microstrategy. In the second quarter the company reportedly added 12,333 BTC at a cost of $361.4 million. Ethereum jumped back above a key price floor of $1,850. Bitcoin Bitcoin...
Ripple CLO Stuart Alderoty Explains Securities in ‘After Hours’ Parody Skit
2.8.2023
Stuart Alderoty, CLO of Ripple, prepared a skit explaining the definition of securities according to the company, supported by the recent ruling in the SEC v. Ripple case. The segment, titled “After Hours,” parodies U.S. Securities and Exchange Commission (SEC) Chair Gary...
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
1.8.2023
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $850 million during this period, with...
Lightspark CEO David Marcus States Building on Bitcoin’s Lightning Network Is ‘Incredibly Complex and Hard’
1.8.2023
David Marcus, CEO of Lightspark, a company that builds business-grade solutions to facilitate payments on top of the Lightning Network, shared his experience in developing on top of the Bitcoin scaling layer. Marcus stated that it is “incredibly complex and hard to build software around this...
Mr. Beast Sues Food Company Over His ‘Revolting,’ ‘Inedible’ Burgers
1.8.2023
James Donaldson aka Mr. Beast, one of the most popular YouTube stars in the world, is suing the virtual kitchen company he partnered with after fans complained about poor-quality food being delivered to their homes. Mr. Beast says that the company sacrificed quality control in order to expand...
Study: Generative AI Could Add Trillions to Global Economy
31.7.2023
A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools...
Report: SEC Asked Coinbase to Delist All Crypto Assets Except Bitcoin Prior to Filing Lawsuit
31.7.2023
According to Brian Armstrong, the CEO of crypto exchange Coinbase, the U.S. securities regulator reportedly told his company to delist all digital assets save for bitcoin. Armstrong said acceding to the SEC’s demand would have “meant the end of the crypto industry in the U.S.”...
Crypto․com Granted Registration Approval in the Netherlands
30.7.2023
Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform...
Twitch Star xQc Could Be Replaced By His Own AI
27.7.2023
If you scroll toward the bottom of Twitch’s homepage, you’ll see a curious carousel: “Probably Artificial, Hopefully Intelligent,” a subsection of livestreams dedicated to and powered by AI. It’s weird, as you’d expect, but tucked in there is something weirder. There’s an AI version of megastar...
Pokémon Scarlet And Violet Giving Rare Charizard Away For Free
26.7.2023
The Pokémon Company is giving all Pokémon Scarlet and Violet players a formidable Dark–Tera Type Charizard in honor of card expansion pack Scarlet & Violet—Obsidian Flames’ release on August 11. Read more
Wallex.US Wallet Sponsors US Open of Surfing – One of the Largest Sports Festivals in the World
26.7.2023
The newly launched a non-custodial crypto and defi wallet app Wallex.US is making a big splash by becoming the first ever cryptocurrency company sponsoring a major surfing event. The 2023 Wallex US Open of Surfing will be held in Huntington Beach, California, from July 29 through August 6, 2023....
Japan's Prime Minister Stresses Gov's Focus on Web3 Growth, Says Major Company Will Unveil 'Ambitious' Metaverse Project
26.7.2023
Japan's Prime Minister Fumio Kishida said that the country's agenda includes support for the growth of Web3 companies and suggested that a major company would reveal its metaverse project. Meanwhile, Binance announced its full Japanese presence starting in August.
Kishida spoke to the audience...
Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win
24.7.2023
Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain firm also plans an expansion in the U.K. and Europe...
Ripple CEO blames SEC for mess surrounding company
24.7.2023
Brad Garlinghouse, who is the CEO of Ripple, pinned the blame on the Securities and Exchange Commission for the wrong judgment that was passed against the company. Through a double tweet, he claimed that the SEC was responsible for the entire mess surrounding Ripple and the false allegations...
Ripple CLO Stuart Alderoty States SEC Chair Gary Gensler ‘Misstates the Law’ on Tokens
22.7.2023
Stuart Alderoty, CLO of Ripple, a cryptocurrency and payments services company, railed against the statements of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler given in a recent congressional hearing. Alderoty criticized the stance taken by Gensler, stating that...
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...
Pokémon Sleep Is Secretly The Hardest Game In The Series
21.7.2023
Pokémon games are not typically difficult. Because the RPGs are meant to be an all-ages affair, getting through them is usually just about knowing type advantages and striking an enemy’s weakness for a one-hit knockout. That’s why fan-made rules like the Nuzlocke came to be: Players have to find...
Epic Games Sale Doesn't Just Have Solid Deals, It Also Has Good Rewards
21.7.2023
The Epic Games Store is running a summer sale with some solid discounts on big games ranging from Hideo Kojima’s Death Stranding to the just-released Dead Island 2, making the next few weeks a hot time to flesh out your PC backlog.Read more