MicroStrategy Raises $800 Million to Acquire More Bitcoin
MicroStrategy, a business intelligence firm, has continued on its path to expand its Bitcoin treasury. As per the report, the firm has recently completed a...
Tether Introduces Gold-Backed US Dollar Stablecoin Called Alloy
Tether is launching a new stablecoin that will serve as a real-world asset token. The gold-backed stablecoin in question is pegged to USD. It is...
Donald Trump Promises to Halt Joe Biden’s Crypto Crackdown
The presidential candidate for the United States Donald Trump recently addressed the issue of regulatory hurdles the crypto sector is facing within the United States....
Australian Claims that the Nation Needs More Blockchain Exposure
The Australian member of parliament namely Andrew Charlton believed that blockchain technology has gained more importance in the current economic scenario, more than ever before....
Polygon Introduces $720 Million Community Treasury to Support Blockchain Projects
Polygon a blockchain project hailing from India has recently announced a $720 million in Community Treasury. The Ethereum layer-2 project has announced the reward as...
South Korea Classifies NFTs as Virtual Assets
The government of South Korea has decided to grant mass-produced NFTs the legal status of being a virtual asset. It is important to note for...
Crypto Exchange DMM Bitcoin Seeks $320 Million to Recover Funds Following Major Hack Attack
DMM Bitcoin, a cryptocurrency exchange operating in Japan, suffered from a major hack attack recently. However, the administrators of the firm promised the investors to...
Trading Volume on Centralized Exchanges Plunged to $5.2T in May
According to a new report, the overall trading volumes for regulated exchanges have decreased during the month of May. The report suggested that, for the...
OKX Introduces New Crypto Exchange and Web3 Wallet in the Netherlands
Good news for cryptocurrency investors hailing from the Netherlands has come from the OKX exchange. The trading platform has decided to extend its suite of...
Spot Ethereum ETF Approval May Be Good for Bitcoin, Says Michael Saylor
MicroStrategy’s Michael Saylor talked about the impact of spot Ethereum ETF on Bitcoin. He claimed that the approval of an Ethereum spot ETF can be...