The MicroStrategy $10B Bitcoin Profit
TL;DR MicroStrategy posts $10.55 billion in unrealized gains thanks to recent surge in Bitcoin price. The company has accumulated 252,220 BTC, currently valued at $20.48...
Category : Companies
Latest news about Companies
With the growth of cryptocurrencies, new companies have appeared looking to develop new technology in this growing market. From Exchanges to technology developers, more and more are joining this new world.
In fact, even traditional companies in sectors such as fashion, real estate, automobiles and even gastronomy are joining blockchain technology to take advantage of all its benefits.
In The Cryptocurrency Post we have the latest news about companies and how they are expanding in the blockchain world.
FTX and Alameda’s Aggressive Legal Actions Highlight Need for Transparency and Education in Crypto
TL;DR Alameda Research sues Waves founder Aleksandr Ivanov for alleged market manipulation. The lawsuit seeks to recover $90 million in digital assets as part of...
Ethereum Foundation’s $500M Investment Fuels Ecosystem Growth
TL;DR The Ethereum Foundation’s 2024 financial report reveals nearly $500 million was deployed to support ecosystem projects between 2022 and 2023, highlighting its commitment to...
Block Focuses on Bitcoin Mining, Closes TBD Division
TL;DR Jack Dorsey’s company Block is focusing on Bitcoin mining and reducing its investment in other areas. The TBD division, which is dedicated to developing...
MicroStrategy’s Saylor Advocates for a U.S. Bitcoin Reserve
TL;DR Michael Saylor, co-founder of MicroStrategy, advocates for the U.S. to establish a strategic Bitcoin reserve, highlighting its potential to stabilize the economy and enhance...
BlackRock’s Bitcoin ETF Faces Significant Withdrawals Amid U.S. Election Volatility
TL;DR BlackRock’s Bitcoin ETF saw $44.2 million outflow following US election US Bitcoin ETFs recorded collective losses of $116.8 million. Bitcoin hit an all-time high...
Mt. Gox Moves $2.2 Billion in Bitcoin, Sparking Speculation
TL;DR Mt. Gox has transferred 32,371 Bitcoin, valued at approximately $2.19 billion, to unmarked wallet addresses, sparking speculation about the intentions behind the move. The...
BlackRock BUIDL Fund Expands to Avalanche
TL;DR BlackRock and Securitize prepare to launch tokenized fund BUIDL on Avalanche Network. The information comes from on-chain activity showing a funded and configured contract....
Zodia Custody Seeks to Raise $50 Million to Expand its Custody Services
TL;DR Zodia Custody, the digital asset custody firm of Standard Chartered Plc, is seeking to raise $50 million in a new funding round. The company...
Kraken Launches Licensed Broker Service for Australian Wholesale Clients
TL;DR Kraken launches derivatives brokerage service in Australia for wholesale clients. The offering allows access to cryptocurrency derivatives without owning the underlying asset. The company...