MicroStrategy to Sell $1B Worth of Stock to Buy Bitcoin
MicroStrategy will sell up to $1 billion worth of its stock to buy more bitcoin, according to a form published on June 14. MicroStrategy, in its latest move signaling support for bitcoin, will sell up to $1 billion of its stock to buy the asset. The company published...
$1.3M worth of BTC donated to Bitcoin-hodling charity in less than 3 weeks
The Bitcoin Water Trust has already received more than $1.3 million worth of BTC donations despite launching just three weeks ago. New York-based non-profit, Charity: water, has received more than $1 million in BTC donations to its Bitcoin Water Trust within three...
Kwenta DeFi Exchange Strives for Independence With New Token
The Synthetix-based Kwenta exchange is branching out on its own as it strives to become the leading decentralized finance (DeFi) trading hub. In a blog post on June 15, the exchange has explained its motivations for this independence effort and what it means for both...
Argentinian National Soccer Selection Launched Its Official Token
The Argentinian National Soccer Selection launched its official token last week, with a great reception. The token that would give fans involvement in the decisions regarding the soccer team, sold out quickly. The Argentinian National Soccer Selection is the first...
Nigerian Central Bank Planning CBDC Launch by End of 2021
An official with the Central Bank of Nigeria (CBN) told local news sources that the bank is hoping to launch a central bank digital currency (CBDC) “before the end of the year.” The announcement was made by the director of IT for CBN, Rakiya Mohammed, during an online...
Introducing HUMAN Protocol: A New Way for Humans and Machines to Securely Connect and Collaborate
HUMAN Protocol is an infrastructure to reshape how humans work, by supporting distributed job markets in which any job, of any size or type, can be securely tokenized, published, and completed. The Protocol facilitates direct, globally mapped connections that bring...
Miami real estate firm accepts crypto deposits for condos after conference
Driven by momentum from the Miami Bitcoin event, luxury condo development E11EVEN Hotel and Residences has already secured its first crypto deposit. Miami-based E11EVEN Hotel and Residences is claiming to be the first real estate company to allow deposits for property...
Pension provider partners with Coinbase to offer 5% exposure to crypto
Pension funds are looking to crypto investments despite the recent market sell-off. United States-based retirement plan provider, ForUsAll, is joining forces with Coinbase to allow clients to invest up to 5% of their portfolio assets in cryptocurrencies.The pension...
Nifty News: Porsche enters NFT sector, Mark Cuban keeps investing, and Chainlink-powered NFTs
Porsche announces NFT subsidiary, Chainlink oracles unlock special NFT content, and Mark Cuban continues to invest millions into companies targeting nonfungibles. Porsche unveils NFT subsidiary German sports car giant Porsche has drifted into the nonfungible token...
Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also...
Goldman Sachs Expands Cryptocurrency Trading Desk With Ether Futures and Options
Investment bank Goldman Sachs has reportedly unveiled its plans to expand its cryptocurrency desk to offer ether futures and options trading. The bank says “institutional adoption will continue,” noting that “Despite the material price correction, we...
Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Sometimes all Bitcoin (BTC) needs to pump 10% is a positive remark from someone like Elon Musk. The Tesla CEO has been pointed to as the culprit for the...
Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender
Bitcoin remittances to El Salvador jumped more than fourfold in May from the previous year, according to data from blockchain analytics firm Chainalysis. Last week, El Salvador passed a bill making bitcoin legal tender in the country alongside the U.S. dollar. The...
MicroStrategy May Sell $1 Billion in Stock to Buy More Bitcoin
Stop us if you've heard this one before. MicroStrategy may be gearing up to buy more Bitcoin—as much as $1 billion worth. The cloud software company today filed paperwork with the Securities and Exchange Commission (SEC) for a proposed public sale of class A common...
Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock
The firm said it intended to use the proceeds from the offering “for general corporate purposes, including the acquisition of Bitcoin.” The same day business intelligence firm MicroStrategy announced it would use $488 million from the proceeds of a private offering...
Algorand (ALGO) price strengthens as institutional investors back the project
Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week. Consolidation periods tend to follow strong rallies but they also present a good opportunity to survey the field and evaluate...
IRS Is Targeting Illicit Bitcoin Trading on Telegram
The Internal Services Revenue (IRS) has got its eye on Bitcoin. And when it comes to financial crime, there’s one thing it is closely watching: Telegram. According to the IRS, secretive chats on Telegram, a privacy-preserving chat app that end-to-end encrypts users’...
Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan
Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being...
Blankos Block Party NFT Game Reveals Burberry, Deadmau5 Collabs
On the heels of last week’s $75 million fundraising announcement, NFT gaming startup Mythical Games today announced that its debut free-to-play PC game—Blankos Block Party—has launched into an open early access phase and will roll out big-name collaborations over the...
Kim Kardashian Is Shilling 'Ethereum Max' Too. What Is It?
At last weekend's Bitcoin 2021 conference in Miami, boxer Floyd Mayweather took some jabs for his decision to wear a t-shirt of rival cryptocurrency EthereumMax, which people could use to pay for his June 6 fight with Logan Paul. Suffice it to say, Kim Kardashian West...
The Bitcoin Water Trust Announces New Charity Model ‘HODL MODL’
The charity will take donations in Bitcoin, hold them until 2025 and use the earnings to bring drinking water to those that do not have it. The Bitcoin Water Trust is a newly formed trust from Charity: Water and is aimed directly at bringing drinkable water to places...
Rapid Growth of NFT Platform Getart.io
Getart has an ambitious goal of being the world’s largest digital marketplace for non-fungible tokens (NFTs), such as ERC721 and ERC1155 assets, as well as placeable cryptocurrencies. NFTs have introduced the world to digital art, collectibles, and memes....
French Football Federation launches official player NFTs with Sorare
Les Bleus players and their sports stats will be tokenized on the blockchain for trading and playing in fantasy games. With the Euro 2020 championship in progress, blockchain-based fantasy soccer game Sorare has announced the licensing agreement for a national sports...
Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals
Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money,...
Multi-Platform Cryptocurrency, Financial Exchange 5ROI Global Launched
Cryptocurrency exchange 5ROI Global officially launched. It is expected to bring a multi-application cryptocurrency and financial trading platform with a vision of simplification for all types of users. Cryptocurrencies are creating a whole new financial trend...
French Football and Sorare Release First NFT Cards of a National Squad
Sorare announced this morning a new licensing agreement with the French Football Federation (FFF) to release non-fungible tokens (NFTs). The collaboration between the French national football team and Sorare marks the first time that a national team has offered an NFT...
‘Bitcoin is not an asset that is designed to be leveraged’ says Caitlin Long
Avanti Financial CEO says Bitcoin shouldn’t be leveraged, while regulations for stablecoins are underway All eyes are on Bitcoin (BTC), as the largest cryptocurrency shot up past $40,000 on June 14. Unsurprisingly, the price increase happened shortly after Tesla CEO...
G7 Commit to Fighting Cryptocurrency-Fueled Ransomware Attacks
G7 leaders are formalizing their commitment to the fight against ransomware—a type of malicious software capable of freezing a network until a ransom is paid. Recent high-profile attacks against Colonial Pipeline and the meat supply company JBS have crippled major...
Goldman Sachs Plans to Start Trading Ethereum Options, Futures
Investment bank Goldman Sachs plans to offer options and futures trading in Ethereum “in the coming months,” an executive told Bloomberg. The move comes four months after Goldman reopened its crypto trading desk and started offering Bitcoin futures contracts. Futures...
After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’
Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil...
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