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Microstrategy Boosts Bitcoin Holdings to 214,400 BTC With Latest Purchase


Microstrategy, the Nasdaq-listed software intelligence firm and “the world’s first bitcoin development company,” has disclosed that it now holds 214,400 bitcoins after the latest purchase. “We acquired 25,250 additional bitcoins since the end of the fourth quarter,...

Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?


Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...

GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows


Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin...

Facebook Has Lost $1 Billion Every Month On VR Since June 2022


Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...

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