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MicroStrategy Acquires 5,445 Bitcoins Worth $147 Million
Popular business intelligence (BI) solution firm MicroStrategy has expanded its Bitcoin holdings by acquiring an additional 5,445 BTC. This acquisition, amounting to $147.4 million, was executed at $27,053 per Bitcoin, including all fees and expenses. Bitcoin Portfolio Expands to New... -
Terra Classic Community Decides to Halt UST Coin Creation with Strong Majority Support
The Terra Classic community, a group of people using a digital money system, recently made a big choice. They were talking about whether to stop making a digital currency called Terra USD, often called UST. They held a vote, and... -
Mt. Gox Trustee Postpones Creditor Repayment Deadline to 2022 Amid Banking and Crypto Exchange Delays
Next year will be the new deadline for repaying creditors according to a recent announcement by the Mt. Gox trustee, Nobuaki Kobayashi. Unforeseen delays were caused by ongoing discussions with banks, fund transfer services, and specific cryptocurrency exchanges as explained... -
Markets Get Apprehensive About Tesla Ahead of Q3 Delivery Report
Early next month, Tesla (NYSE: TSLA) will release its Q3 2023 delivery report. The Elon Musk-run company missed delivery estimates in the last two quarters and some analysts expect it to miss consensus delivery estimates in the third quarter also.... -
Global Debt Hits All-Time High in Second Quarter, Predicted to Reach 337% of GDP by Year-End
According to the Institute of International Finance (IIF), the world's debt hit an all-time high in the second quarter. However, this surge has consequently caused the global debt-to-GDP ratio to reverse its previous trend of decline, which had been sustained... -
Phishing Victim Sends Scammer Staggering $4.5M in USDT
A cryptocurrency holder has reportedly fallen victim to a $4.5 million phishing scam. The funds were first transferred from the Kraken account to an address associated with a fraudulent Coinone crypto mining platform. Scammer Steals Fund From Crypto Holder On... -
Fed Holds Rates but Signals a Slow Path Towards Rate Cuts
After its two-day meeting concluded yesterday, the US Federal Reserve kept its policy rates unchanged in the range of 5.25%-5.5%. While the rate decision was in line with what markets expected, Fed chair Powell sounded more hawkish than what markets... -
Stanford to Return $5.5 Million in Cash Gift Received From FTX
Stanford University has announced that it intends to return the 'entirety' of funds it received from the now-defunct cryptocurrency exchange, FTX. $5.5M Cash Donation for Pandemic-Related Prevention and Research to Be Coughed-Up In an exclusive report by Bloomberg, Stanford's spokesperson... -
Top Crypto Podcasts
Stay informed and up-to-date with the top crypto podcasts. From CoinGeek Conversations to Bankless and The Daily Gwei, explore diverse topics and expert discussions in the dynamic world of cryptocurrency. The crypto industry, with its rapid developments and cutting-edge... -
Roman Sterlingov Defends Innocence Amid Crypto Mixing Service Allegations and Challenges Chainalysis Reactor Software in Ongoing Legal Battle
Roman Sterlingov, arrested in 2021 for running a cryptocurrency service called Bitcoin Fog, is saying he didn't do anything wrong. His lawyer is worried about a software called Reactor by Chainalysis, which was used to show he was involved. They're...
