MicroStrategy’s (MSTR) stock has reached a new 25-year peak amid Bitcoin’s potential climb towards the $70,000 mark. Google Finance data reveals that MicroStrategy’s stock, bolstered by its significant Bitcoin holdings, has shown consistent upward momentum throughout the year. As of press time, MSTR has soared by 244% year-to-date and climbed 55% over the past month, […]
Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giant’s upcoming annual meeting at the end of the year, according to an Oct. 24 regulatory filing. The proposal, filed by a shareholder advisory board, calls for a detailed evaluation of the flagship crypto’s […]
More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due to the closure of several crypto exchanges in the country, local media outlet The Korea Times reported on Oct. 14. According to the report, 14 virtual asset exchanges in South Korea have either […]
Blockchain investigator ZachXBT has uncovered the identity of a Chinese over-the-counter (OTC) trader accused of aiding the North Korea-affiliated Lazarus Group in laundering stolen crypto. The trader, identified as Yicong Wang, has reportedly helped the group convert tens of millions of dollars in crypto from various hacks into cash through bank transfers since 2022, according […]
Bitcoin mining difficulty has reached a record high, driven by an unprecedented surge in the network’s seven-day moving average hash rate. On Oct. 21, data from Blockchain.com revealed that Bitcoin’s seven-day hash rate reached an all-time peak of nearly 703 exahashes per second (EH/s), marking the first instance where the network surpassed 700 EH/s. Bitcoin […]
MicroStrategy CEO Michael Saylor has dismissed the idea of a government seizure of Bitcoin as a “trope” while advocating for custodianship through large financial institutions over self-custody. In a recent appearance on the “Markets with Madison” podcast, Saylor addressed concerns from what he called “paranoid crypto-anarchists” who fear such seizures. He said such individuals often […]
Across Protocol co-founder Hart Lambur recently revealed that the network is considering a proposal to cap the supply of its ACX token at 1 billion tokens following reports of a vulnerability in its token contract. In an Oct. 21 post on X, Lambur stated that ACX had been wrongly labeled as having a critical flaw […]
Crypto lender Ledn said it processed $506 million in loan transactions during the third quarter, according to an Oct. 21 statement shared with CryptoSlate. According to the firm, $437.7 million in loans were issued to institutional clients, while loans to retail clients climbed 225% year-over-year to $68.9 million. This surge in retail loans is credited […]
iShares Bitcoin Trust ETF (IBIT) recorded over $1.1 billion in new cash inflows last week, marking its strongest performance since March 2024. Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence, shared the data, highlighting IBIT’s rapid ascent in the ETF landscape. IBIT surpassed Vanguard’s Total Stock Market ETF (VTI) to secure the third spot in […]
A total of 18 state attorneys general, including New York Attorney General Leticia James, urged President Joe Biden to declare Binance compliance officer Tigran Gambaryan a hostage of the Nigerian government in a letter on Friday. Gambaryan, a U.S. citizen, is also a former law enforcement officer, having served as a Special Agent with the […]