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Digital Currency Group CFO Michael Kraines Stepped Down in April
2.5.2023
The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge
MicroStrategy’s Bitcoin conviction 'strong' as it returns to profit in Q1: CEO
2.5.2023
The one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023
Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
1.5.2023
Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter
US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023
30.4.2023
After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during...
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures
29.4.2023
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC)...
Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too Volatile
28.4.2023
Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said the top crypto asset’s volatility makes it an unsuitable...
WEF’s promo video shows Bitcoin mining, but it leaves out the B-word
24.4.2023
The video showed multiple scenes depicting rows of what appears to be Bitcoin mining rigs, but the cryptocurrency never got a mention
Michael Schumacher’s family to pursue legal action over AI interview
21.4.2023
The rapid development of AI is undoubtedly causing headaches for legislators and court systems globally as they struggle to deal with the technology
Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives
21.4.2023
A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes,...
Crypto firms alleged to have faked execs using AI and actors: Cali regulator
21.4.2023
The regulator is cracking down on high-yield investment products saying the programs raise hype with the promise of high returns before going dark
MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning
18.4.2023
Fans of the Bitcoin bull have been transferring him 21 Satoshis as a way to test out the feature
MicroStrategy’s Saylor Integrates Bitcoin Lightning Address Into Corporate Email
18.4.2023
The Lightning Address protocol allows users to send bitcoin over the Lightning Network to a wallet identifier resembling a conventional email address
Bitcoin Is the 'Boring, Old Grandpa' Right Now Compared to Ether: Dexterity Capital Manager Partner
14.4.2023
By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said
Michael Saylor's $30M Bitcoin Acquisition Catapults His Crypto Wealth into the Billions – Here's the Latest
6.4.2023
As he continues to demonstrate a bullish approach to bitcoin (BTC), Michael Saylor, the founder and executive chairman of software company MicroStrategy, is ramping up the firm’s exposure to crypto with a recent major investment.
MicroStrategy unveiled its latest BTC purchase in a filing with...
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
5.4.2023
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys...
MicroStrategy Buys Another 1,045 Bitcoin for $23.9M
5.4.2023
Software company MicroStrategy (MSTR) purchased 1,045 bitcoin for a total of $23.9 million in cash between March 23 and April 4, according to an SEC filing
ChatGPT and AI must pay for the news it consumes: News Corp Australia CEO
3.4.2023
Michael Miller said generative AI is a move by digital companies to take the creative content of others "without remunerating them for their original work."
‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’
2.4.2023
Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump...
Bitcoin Price Prediction as Billionaire Michael Saylor Buys $150 Million Worth of Bitcoin – What’s Going On?
27.3.2023
In recent news, billionaire Michael Saylor has made headlines by purchasing a staggering $150 million worth of Bitcoin, further solidifying his position as a prominent advocate for the world's leading cryptocurrency.
This significant investment has stirred up discussions around the future...
Final Fantasy 16 Producer Tries To Pet Dog, Attacks It Instead
27.3.2023
We’ve still got a few months before the action-heavy Final Fantasy XVI drops on June 22 for PlayStation 5. And in preparation for the RPG’s imminent release, Square Enix continues to show off more of the game’s various elements, from gameplay and cutscenes to characters and Eikon battles. While...