MicroStrategy Buys 5,445 BTC After Chancer Presale Raises $2.2M

featured 153374

Key Points Despite MicroStrategy’s recent BTC purchase, Bitcoin remains trading below $26,500. Chancer’s Stage 2 presale has now raised more than $2.2 million. The cryptocurrency market opened the week in a bearish mood, with most coins and tokens trading in the red over the past few days. However, that downtrend has not stopped the Chancer … Read more

Aave Gets FCA Approval to Operate Crypto Services in the UK

featured 1438270

Aave Labs announced on May 28 that two of its UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., have been registered by the Financial Conduct Authority (FCA) to operate as crypto asset exchange providers in the United Kingdom. The FCA approval also authorizes the firms to issue electronic money under the UK’s Electronic … Read more

Crypto Market Weekly Recap: Bitcoin and Altcoins Fall Amid ETF Outflows

featured 1438379

Crypto markets moved lower over the past seven days, led by Bitcoin as investors pulled back from risk assets. BTC began the week in the $77,000–$78,000 range but gradually lost momentum, trading nearer to $73,000 by Friday. This decline reflected a mix of macro pressures, renewed ETF outflows and thinner liquidity rather than a single … Read more

How Two Global Superpowers Are Developing National Digital Currencies

featured 129520

Recent reports indicate that China plans to roll out a digital version of the yuan within the next six to twelve months. Edith Cheung, a partner at Proof of Capital, made this prediction during a CNBC appearance on November 20, expressing strong confidence in the timeline. China has reportedly been developing a virtual yuan for … Read more

Meta Launches Free AI Challenging OpenAI and Google

featured 146879

OpenAI is the company behind ChatGPT, while Google created the Bard chatbot. The ChatGPT and Bard chatbots represent premium AI tools. Meta Platforms has released a free version of its artificial intelligence model. As the race for artificial intelligence (AI) accelerates, Meta Platforms — the company behind Facebook and the recently launched Threads — unveiled … Read more

Bitmine’s Ethereum Hoard Tops 5.28M ETH as Firm Nears 5% Supply Target

featured 1437416

Bitmine Immersion Technologies reported that its Ethereum holdings have increased to 5.28 million ETH, representing roughly 4.37% of Ethereum’s estimated circulating supply of 120.7 million ETH. The company further said that its combined holdings across crypto, cash, and strategic “moonshot” investments totaled $12.6 billion as of May 17. Bitmine Nears Its 5% Ethereum Goal During … Read more

Gaming Accounted for 55% of All Blockchain Activity in October

featured 91829

The Blockchain Gaming Alliance, an organization focused on developing online gaming infrastructure, partnered with Canadian blockchain experience provider Dapper Labs to publish a report on the state of the blockchain gaming sector for the previous month. The report found that over 1 million unique active wallets (UAWs) connected to decentralized applications were active per day … Read more

GitHub Internal Repos Breached — Binance’s CZ Calls for Immediate Key Rotation

featured 1437557

Earlier today, attackers accessed GitHub’s internal repositories after compromising an employee’s computer through a malicious Visual Studio Code extension. After the intrusion, reports surfaced that an actor using the alias “TeamPCP” was allegedly advertising roughly 4,000 of GitHub’s private repositories for sale on a cybercriminal forum, with a minimum asking price reported at $50,000. GitHub’s … Read more