Riot Platforms Surpasses 10,000 BTC in Reserves While Optimizing Production and Energy Costs
TL;DR Riot Platforms produced 322 Bitcoin in August 2024, down 13% from July. The company now holds more than 10,000 Bitcoin, an increase of 37%...
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.
Morgan Stanley Boosts Bitcoin Exposure with Major Investments in BlackRock ETF and MicroStrategy
TL;DR Morgan Stanley allocated 2.1% of its Institutional Fund to BlackRock’s Bitcoin ETF, IBIT. The fund also holds a 4% stake in MicroStrategy, one of...
Massive DOGS Token Airdrop: 40 Billion Tokens Distributed in 48 Hours
TL;DR Massive Airdrop Event: In just 48 hours, 40 billion DOGS tokens were distributed to over 2.5 million users, marking one of the largest token...
Grass Airdrop Sparks Outrage Among Community
TL;DR Low Token Rewards: Grass airdrop participants received minimal GRASS tokens, leading to widespread disappointment and frustration among early supporters. Community Backlash: Users criticized the...
DYAD Stablecoin Protocol Sees Explosive Growth in TVL
TL;DR Explosive TVL Growth: DYAD’s total value locked (TVL) surged over 950% in one month, from $3.3 million on August 5 to a record $35...
Crypto.com Unveils Global Retail Services from Dubai Hub
TL;DR Global Retail Services Launch: Crypto.com has launched global retail services from its Dubai hub, enabling seamless deposit and withdrawal capabilities for users in over...
Bitwise Bitcoin ETF to Acquire Osprey Bitcoin Trust
TL;DR Bitwise Bitcoin ETF (BITB) will acquire the assets of the Osprey Bitcoin Trust (OBTC). The transaction is designed to be tax-free for OBTC unitholders...
Rhodium Enterprises Files for Bankruptcy Amid Mounting Bitcoin Mining Pressures
TL;DR Rhodium Enterprises files for Chapter 11 bankruptcy with liabilities between $50 million and $100 million, affecting six subsidiaries. Financial pressures include $54 million in unpaid loans...
Stablecoin Market Cap Hits Record $168 Billion
TL;DR Record Milestone: The stablecoin market cap has reached a historic $168 billion, marking 11 consecutive months of growth and surpassing the previous peak of...
Binance Lists Eurite (EURI) with Zero Trading Fees: A New MiCA-Regulated Euro Stablecoin
TL;DR Binance list Rain (EURI), a stablecoin regulated under MiCA. The zero-fee promotion on EUR/EURI and EURI/USDT pairs will be available from August 28, 2024....