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...
Tag : blockchain
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...
Terra Classic’s New “Reverse Charge” Tax System Under Review
TL;DR OrbitLabs proposes a review of Terra Classic’s new “Reverse Charge” tax system. The system would shift the tax burden from the issuer to the...
Cardano Surpasses Tron and Returns to the 9th Spot in Cryptocurrencies
TL;DR Cardano reclaims the ninth spot in the cryptocurrency rankings, surpassing TRON (tenth) and Toncoin (eleventh), with a valuation of $15.56 billion. ADA’s rebound, which...
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...
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...
Ethereum Whales Sell After Price Surge
TL;DR An Ethereum whale woke up after 8.75 years and started selling his assets, making a million-dollar profit. Ethereum (ETH) price surged 13% following the...
Swell and MEXC Airdrop: Win 800,000 SWELL and 20,000 USDT
TL;DR MEXC and Swell Network launch airdrop event with 50,000 tokens as prizes. A grand prize of 800,000 SWELL and 20,000 USDT is offered for...
Strike Launches Fee-Free Bitcoin Auto-Withdrawals
TL;DR Strike launches the BTC auto-withdrawal feature, allowing transfers without manual intervention and no fees. Users can set a balance threshold to trigger withdrawals and...