MicroStrategy is ditching its old name and getting a fresh look! They’re now officially called “Strategy,” a move that highlights their massive investment in Bitcoin. A New Name, A New Focus This rebranding isn’t just a cosmetic change. It reflects Strategy’s shift from being primarily a business intelligence software company to becoming the world’s biggest…
South Korea’s top financial guy, Kofia Chairman Seo Yoo-seok, is pushing hard for the government to approve cryptocurrency ETFs (exchange-traded funds). He also wants security tokens officially recognized. Why the big push? Let’s dive in. The Case for Crypto ETFs The US already approved Bitcoin and Ethereum ETFs, and Korea doesn’t want to miss out….
Bitcoin’s been stuck in a holding pattern lately, trading below its record high of $109,000. Lots of uncertainty and speculation are making investors nervous, wondering if the bull run is over. But some data suggests otherwise. On-Chain Data Points to a Bullish Future Data from CryptoQuant, analyzed by Axel Adler, shows Bitcoin’s still got bullish…
BlackRock, the world’s biggest investment firm, is bringing its Bitcoin ETF to Europe! This follows the huge success of their US Bitcoin ETF, which raked in a whopping $58 billion. BlackRock’s Big Bitcoin Bet The new fund will likely be based in Switzerland and could start being sold this month. This is a major step…
A 22-year-old Canadian, Andean Medjedovic, is wanted by US authorities for allegedly stealing $48.8 million in cryptocurrency from the KyberSwap trading platform. Prosecutors say he exploited a weakness in KyberSwap’s system. Exploiting a “Glitch” Medjedovic is accused of using borrowed crypto, worth hundreds of millions of dollars, to manipulate prices on KyberSwap. He then triggered…
A crypto project linked to former President Donald Trump, World Liberty Financial (WLFI), recently transferred a whopping $307.4 million in crypto to Coinbase. A Big Crypto Transfer Market analysts noticed the massive move on Monday. The transfer included various cryptocurrencies, such as a significant amount of Ethereum (ETH) and Wrapped Bitcoin (WBTC). WLFI Explains the…
A cybersecurity investigator, known online as ZachXBT, revealed that Coinbase users are losing over $300 million annually to social engineering scams. This alarming figure highlights the vulnerability of users to increasingly sophisticated phishing attacks. How the Scams Work ZachXBT, who boasts a large following on X (formerly Twitter), shared details of these scams. Between December…
Billionaire investor Chamath Palihapitiya has a suggestion for jumpstarting the US’s new federal sovereign wealth fund: use the government’s Bitcoin. Leveraging Bitcoin and Other Assets President Trump recently signed an executive order creating this fund, aiming for long-term financial stability and economic growth. Palihapitiya tweeted that the government could quickly get the ball rolling by…
The US government might be considering a seriously big move: adding Bitcoin to its national reserves. This bombshell came from David Sacks, the newly appointed AI and Crypto Czar. Sacks’ Bitcoin Push Sacks, a well-known venture capitalist and former PayPal executive, is a big Bitcoin fan. He’s previously talked about Bitcoin as a way to…
The XRP Ledger (XRPL) experienced a temporary outage on February 4th. For about an hour, the network froze, halting transactions. The Outage The freeze started at block height 93927174 and lasted 64 minutes. No new transactions were processed during this time. This naturally caused concern among XRP users. Ripple’s Response Ripple’s CTO, David Schwartz (also…
