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...
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CZ Returns After His Incarceration: Reflections on His Future and the Direction of Binance
TL;DR Changpeng Zhao (CZ), the founder of Binance, returned to the public scene after his release from prison in the U.S., but he will not...
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....
Arcium Acquires Inpher to Lead Confidential Computing on the Blockchain
TL;DR Arcium, a confidential computing startup on Solana, has acquired Inpher, a Web2 competitor. The acquisition brings advanced technology and a team of crypto experts....
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...
Vantard Shines Amid Crypto Market Downturn and Election Uncertainty
TL;DR The crypto fear and greed index has recently dived 56, with Bitcoin dropping to $68,000 and Ethereum falling to $2,400, influenced by the upcoming...
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...