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...
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LATEST NEWS ABOUT CRYPTOCURRENCIES
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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...
Cryptocurrencies Under Scrutiny: Yellen Calls on Congress to Regulate Stablecoins
TL;DR Yellen highlights cryptocurrency risks in testimony before Congress. FSOC monitors financial concerns, including crypto assets. Yellen urges regulation to address stablecoin and cryptoasset risks....
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...
Ethereum Founder Vitalik Buterin’s Apology Boosts Memecoin by 50%
TL;DR Ethereum Founder’s Apology: Ethereum founder, Vitalik Buterin, apologized for his previous statements labeling the memecoin BITCOIN as a scam. Impact on Memecoin’s Value: Following...
Conflux Revolutionizes the Music Industry with Jay Chou’s ‘Fantasy Music Metaverse’
TL;DR Innovation with Jay Chou: Conflux launches the ‘Fantasy Music Metaverse’ with Jay Chou, fusing music and technology in a revolutionary way. NFT Exclusivity: The...
Friendtech Ignores Detection of Bug Leading Traders to Overpay
TL;DR A bug was discovered in Friendtech’s user interface, causing traders to overpay for ‘keys’ in the blockchain-based social media application. The issue originated from...
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...