MicroStrategy’s Bitcoin holdings close to $3 billion after buying $177m worth of bitcoins

MicroStrategy is one of the largest corporate holders of Bitcoin, and the company has now added more bitcoins to its balance sheet. MicroStrategy purchases $177 million worth of bitcoins MicroStrategy has announced earlier today...

Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

$675 million in BTC options expire this Friday and derivatives data suggests that bulls are favored to increase their control of the market. On Friday, Aug. 13, a total of $675 million worth...

Binance ends South Korean Won trading pairs and payment options

The changes to Binance’s operations continue, and this time it is in South Korea. Binance discontinues Korean Won trading pairs Leading crypto exchange Binance announced earlier today that it had discontinued Korean Won trading...

Kryptoin files for an Ether ETF with the US SEC

Delaware-based Kryptoin Investment Advisors has joined the ranks of other crypto ETF hopefuls by filing an Ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). ETF would be listed on the Chicago...

This is why SushiSwap did not scale on Optimism

SushiSwap announced why it chose Arbitrum over Optimism as its decentralized exchange’s Layer 2 scaling solution. Uniswap was given the opportunity to launch first CTO of SushiSwap Joseph Delong claims that Optimism gave preference to Uniswap,...

Valkyrie files for a Bitcoin futures ETF with US SEC

The number of cryptocurrency ETF applications with the United States SEC continues to increase as the market gains more popularity. Valkyrie files for a Bitcoin futures ETF Asset management firm Valkyrie has filed...
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US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker

U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot...

Another Binance Smart Chain Project Suffers an Attack

Bogged Finance, a project built on Binance Smart Chain (BSC), faced a malicious attack in which $3 million worth of funds was drained from its liquidity pool on PancakeSwap. The incident is...

Central Bank of Korea is looking for a partner to test CBDC

The Bank of Korea has announced it is looking for a supplier of technology for its CBDC project to integrate the digital won. Thus, plans to introduce an innovative means of payment...

Former Goldman Sachs Executive Joins Coinbase as Chief Policy Officer

Faryar Shirzad, former co-chief of Government Affairs at Goldman Sachs has joined Coinbase as the Chief Policy Officer. The cryptocurrency exchange revealed the news in an official blog post and said Shirzad’s 15 years...

US Rapper Meek Mill Attracted by Shiba-Inu Coins after Grabbing DOGE and Bitcoin

U.S. rapper Robert Rihmeek Williams, known to fans as Meek Mill, announced in a recent tweet that he was about to buy some Shiba Inu coins. Meek Mill continues his foray into crypto,...

Ripple CEO Denies the Company Influenced Elon Musk on Bitcoin Energy Usage

The accusations that Ripple is behind Elon Musk’s bitcoin energy consumption concerns are “beyond flattering,” said the firm’s CEO. Ripple’s CEO, Brad Garlinghouse, finds “beyond flattering” the accusations that the company he runs...

Russian Lawmakers Move to Allow Crypto Payments Under Contracts

Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian...

Huobi Suspends New User Registrations in China

In a statement to Reuters, cryptocurrency exchange Huobi has confirmed suspending its services in Mainland China amid a crackdown. As reported by U.Today, Huobi Pool stopped providing mining hosting services to Chinese customers on...

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