MicroStrategy Bolsters Bitcoin Reserves and Reports Fourth Quarter 2023 Financial Results
TL;DR MicroStrategy increases its Bitcoin reserve to 190,000 BTC, spending $1.25 billion on an additional 31,755 BTC in Q4 2023. Despite a 6.1% drop in...
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.
Glif Raises $4.5 Million in Seed Funding from Top Investors
TL;DR Glif is a protocol that lets Filecoin users lend their tokens to miners and earn rewards. Glif raised $4.5 million from Polychain Capital and other investors...
Ronin: Binance Takes Drastic Measures to Restore Trust Following Allegations of Cryptocurrency Leaks and Manipulation
TL;DR Binance reacts to corruption allegations by implementing strict measures. The Ronin token experiences an abrupt drop after its inclusion on the platform. Binance reinforces...
Tether Fuels Crypto Adoption with Major Investment in Oobit
TL;DR Tether, one of the largest stablecoin issuers in the crypto industry, has invested strategically in Oobit, a mobile payment application, raising $25 million in a Series...
Velar Raises $3.5 Million to Pioneer Bitcoin’s First PerpDEX
TL;DR Velar, a Bitcoin DeFi platform, has raised $3.5 million in a seed funding round to develop the world’s first perpetual decentralized exchange (PerpDEX) on Bitcoin. The...
Grayscale Expands Investment Horizons with Sectoral Approach to Cryptocurrencies
TL;DR Grayscale introduces Crypto Sectors, expanding beyond Bitcoin and Ethereum investments. Conversion of Bitcoin Trust into an ETF establishes Grayscale as an Asset Under Management...
Binance Sued for Alleged Financing of Terrorist Groups
TL;DR Families sue Binance for financing terrorist groups, including Hamas, between 2017 and 2023. Accusation alleges that Binance hid a clandestine financing tool from US...
Binance Invests in Ethereum Liquid Restaking Through Puffer Finance
TL;DR Binance Labs strategically invested in Puffer Finance, a liquid restaking protocol on Ethereum, allocating funds for the development of its Layer 2 network. Puffer...
Bitcoin Mining Firm GRIID Debuts on Nasdaq
TL;DR Bitcoin mining company GRIID has begun trading on the Nasdaq stock exchange. GRIID’s debut on Nasdaq follows its recent merger with Adit EdTech Acquisition Corp. The...
Ronaldo Strengthens Ties with NFT Fans at Binance-Sponsored Event
At an event sponsored by Binance, soccer star Cristiano Ronaldo demonstrated his commitment to holders of his non-fungible tokens (NFTs), despite facing legal challenges in...