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MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
1.8.2023
The software firm reported its second-quarter earnings after the close on Tuesday
Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter
31.7.2023
The company said its operational profits exceeded $1 billion in Q2 this year
US State of Minnesota Okays Crypto Donations to Political Campaign Committees
29.7.2023
Minnesota has become one of the few U.S. states to permit crypto donations to political campaign committees. However, according to the state’s new rules, crypto donations must be converted to U.S. dollars within five days. In the event of price changes within the five-day grace period, these...
Worldcoin releases audit reports showing resolved security issues
29.7.2023
The proof of humanness protocol released security audit reports claiming that most issues were fixed or mitigated
Worldcoin rebuts reports of lackluster takeup as Altman cites Japan queues
27.7.2023
A video shared by Worldcoin co-founder Sam Altman shows a long queue of people in Japan reportedly waiting to collect $50 worth of Worldcoin (WLD) tokens or 25 WLD
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...
Canadian Police Warn of Surge in Home Invasion-Style Robberies Targeting Affluent Crypto Investors
22.7.2023
Canadian law enforcement reports that affluent cryptocurrency investors have become targets of home invasion-style robberies. Both Delta Police and Royal Canadian Mounted Police in Richmond have issued warnings after having dealt with multiple robberies involving prominent cryptocurrency investors...
AI companies commit to safe and transparent AI, White House reports
22.7.2023
The Biden Administration emphasized the responsibility of these companies in ensuring the safety of their products
China's Digital Yuan Hits $250 Billion Transaction Volume, Central Bank Governor Reports
21.7.2023
The People’s Bank of China (PBoC) revealed that $250 billion worth of transactions have taken place using the country’s central bank-backed digital currency (CBDC) digital yuan in 18 months since the start of its pilot.
Speaking at a conference in Singapore, China’s central bank governor Yi Gang...
Samsung’s 3nm GAA Chip Discovered in Microbt’s Next-Gen Bitcoin Mining Rig
20.7.2023
According to reports, the 3-nanometer (nm) Gate-All-Around (GAA) semiconductor from Samsung has been discovered in use after a year since its release. Until now, there were no confirmed applications of the technology. Techinsights found Samsung’s 3nm chip in the Whatsminer M56S++ bitcoin...
Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says
17.7.2023
Cryptocurrency-related crime is down significantly this year, according to data by Chainalysis. Specifically, the blockchain analytics firm explained that crypto inflows to known illicit entities are down 65% compared to the previous year while inflows to risky entities are down 42%. Crypto Crime...
IMF Has Not Seen Specific Proposal on BRICS Currency
16.7.2023
The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the IMF acknowledges the presence of “slow-moving trends” indicating shifts in the currency composition of reserves and trade. The Fund’s statement followed reports that...
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
11.7.2023
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present
BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention
9.7.2023
The BRICS Bank’s vice president and chief financial officer has shed light on the economic bloc’s aspiration to develop a common BRICS currency. His remarks followed recent reports suggesting that Russia has confirmed the BRICS’ plan to introduce a gold-backed common currency, with...
Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim
8.7.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift...
BTC’s Year-End Price Projections for 2023 Vary Widely, Ranging From $25K to $40K, While Future Forecasts Extend Into Six-Digit Territory
7.7.2023
Bitcoin’s market performance in the first half of 2023, surging by 80% against the U.S. dollar, has enthusiasts eagerly speculating about its year-end price. Techopedia and Changelly have released price prediction reports with varying estimates, suggesting that bitcoin’s value could...
The future of online gaming: Insights from statistical reports
7.7.2023
Online gaming refers to video games that can be played using a device and an internet connection. The industry is witnessing a growing demand for gaming access and has become one of the largest fantasy markets in the world. Due to various factors, such as geographical restrictions and the COVID-19...
Taylor Swift Approved Sponsorship Deal With FTX, Despite Previous Reports: NYT
6.7.2023
Swift signed the sponsorship agreement worth as much as $100 million following more than six months of discussions
China-Africa Economic and Trade Expo Aims to Defy Western ‘Debt Trap’ Accusations, Generating $19 Billion in Trade Deals
2.7.2023
According to a report from the third annual China-Africa Economic and Trade Expo, Africa and China are continuing to strengthen their long-term trade ties. China wants to be one of Africa’s largest trading partners, and reports revealed on Friday that this year’s expo is expected...