Bitcoin Lawsuit Against Strategy Inc. Dropped

Investors have dropped their class-action lawsuit against Strategy Inc., a major Bitcoin holder, and its executives. The suit alleged misleading statements about the company’s Bitcoin investment strategy and a recent accounting change. The Accusations The lawsuit, filed in a Virginia court, claimed Strategy Inc., its co-founder Michael Saylor, CEO Phong Le, and CFO Andrew Kang…

Read More

Ethereum’s Reign: Outperforming the Crypto Market

Ethereum is currently holding its own amidst a bearish crypto market, defying the downward trend affecting most other altcoins. Let’s dive into the details. Ethereum’s Unexpected Strength Despite recent selling pressure and a general market downturn, Ethereum (ETH) is showing remarkable resilience. While Bitcoin and other cryptocurrencies are struggling, ETH is bucking the trend, maintaining…

Read More

Ethereum: The Heart of Crypto’s Future

Ethereum isn’t just another cryptocurrency; it’s the engine driving almost every major trend in the crypto world. Its growing adoption and the convergence of new technologies are making it the essential infrastructure for the future of digital assets. Ethereum: The Future’s Operating System Think of Ethereum as the operating system for the digital asset world….

Read More

PetroChina Jumps on the Stablecoin Bandwagon

PetroChina, Asia’s biggest oil and gas company, is looking into using stablecoins for international payments. This comes after Hong Kong recently updated its rules on stablecoins. Stablecoins in the Spotlight According to recent news, PetroChina’s CFO, Wang Hua, said they’re keeping a close eye on Hong Kong’s new Stablecoin Ordinance. This law, which started in…

Read More