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Norway’s Sovereign Wealth Fund Boosts Bitcoin Exposure via MicroStrategy
Norway’s Sovereign Wealth Fund Expands Bitcoin Footprint Through MicroStrategy Holdings Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has significantly increased its indirect exposure to Bitcoin by investing heavily in MicroStrategy, a company known for its substantial Bitcoin holdings. NBIM’s MicroStrategy shares jump 153% to $500 million Indirect Bitcoin exposure increases to 3,821 BTC […]
Read MoreCharles Hoskinson Burns $80M Worthless Meme Tokens, Warns Crypto Community
Charles Hoskinson’s $80 Million Meme Token Burn: A Statement of Integrity Charles Hoskinson, Cardano’s founder, made headlines by publicly destroying 900 billion “Charles” tokens, unsolicited meme tokens created by the Cardano community and sent to his wallet, during a live broadcast. The tokens, which had reached a market value of $80 million, were deemed worthless […]
Read MoreECB Speeds Up Digital Euro Launch Amid Trump’s Stablecoin Push
Digital Euro Accelerates Amid Trump’s Stablecoin Push The European Central Bank (ECB) is ramping up efforts to launch a digital euro in response to President Donald Trump’s Executive Order promoting dollar-backed stablecoins globally while banning Central Bank Digital Currencies (CBDCs) in the U.S. This strategic maneuver highlights the intensifying competition for digital currency dominance. Trump’s […]
Read MoreThumzup Boosts Bitcoin Holdings to $2M, Targets Gig Economy with Crypto
Thumzup Doubles Bitcoin Holdings to $2 Million, Eyes Future of Digital Finance Thumzup Media Corporation has doubled its Bitcoin holdings to 19.106 BTC, now valued at $2 million, signaling a bold step towards integrating digital assets into its core financial strategy and the gig economy. Thumzup increases Bitcoin holdings to 19.106 BTC, valued at $2 […]
Read MoreKuna Crypto Exchange Closes in Ukraine After Sudden Ban: Founder Shifts to Symbiocracy
Kuna’s Closure: Ukraine’s Oldest Crypto Exchange Shuts Down Amidst Sudden Ban On January 30, 2025, Kuna, Ukraine’s oldest crypto exchange, was forced to shut down following an abrupt ban by Ukrainian authorities, leaving users scrambling to withdraw their funds. Kuna shuts down after ban by Ukrainian authorities Ban linked to tax evasion allegations Founder Michael […]
Read MoreThodex Founder’s Conviction Partially Overturned, Fraud Charge Stands: $2B Crypto Scandal
Thodex Founder Faruk Fatih Özer’s Sentence Overturned: Fraud Conviction Stands in Major Cryptocurrency Scandal In a surprising twist, a Turkish court has partially overturned the conviction of Faruk Fatih Özer, the mastermind behind the infamous cryptocurrency exchange Thodex. While some charges were dismissed, Özer’s fraud and money laundering convictions remain intact, keeping him behind bars […]
Read MoreTezos Etherlink L2 Sees 184% Contract Surge, Quebec Upgrade Boosts Network
Tezos Etherlink L2 Booms with 184% Surge in Contract Deployments: Messari Q4 2024 Report Tezos’s Etherlink Layer 2 solution has seen a staggering 184% increase in contract deployments during Q4 2024, highlighting the platform’s growing appeal among developers. This surge, combined with Tezos’s recent Quebec upgrade and upcoming JavaScript Rollup initiative, signals a dynamic period […]
Read MoreFormer Helius Engineer Exposes Founder’s Alleged IP Theft and Toxic Workplace
Former Helius Engineer Accuses Founder of Toxic Behavior and Intellectual Property Theft Miles Smith, a former lead infrastructure engineer at Helius, has publicly accused the company’s founder, Mert Mumtaz, of unethical behavior, including intellectual property theft, workplace toxicity, and career sabotage, following his departure in 2023. Miles Smith accuses Mert Mumtaz of unethical behavior. Claims […]
Read MoreCrypto Scams Surge: $5.6B Lost in 2023, Financial Institutions Must Act
Financial Institutions Must Step Up to Protect Investors from Crypto Scams In 2023, Americans lost a staggering $5.6 billion to cryptocurrency scams, marking a 45% increase from the previous year. The decentralized nature of cryptocurrencies, meaning they are not controlled by a single entity, has exacerbated the problem, making them a prime target for fraudsters. […]
Read MoreStrike CEO Jack Mallers Forecasts Bitcoin at $100K by 2025 Amid Short-Term Volatility
Strike CEO Jack Mallers Predicts Bitcoin Surge to $100,000 by 2025, Warns of Short-Term Volatility Jack Mallers, CEO of Strike, maintains a bullish stance on Bitcoin, forecasting a rise to $100,000 by 2025 but cautions about short-term volatility due to political uncertainty in the US. Bitcoin predicted to reach $100,000 by 2025. Short-term volatility expected […]
Read MoreAave’s $63M Expansion to Sonic: Boosting DeFi with Speed and Incentives
Aave’s $63M Leap to Sonic: A Bold Move in DeFi Expansion Aave, a powerhouse in the DeFi arena, is set to make waves with a monumental $63 million expansion to the Sonic blockchain. This move promises to bring faster transactions and a unique fee-sharing model to Aave’s V3 protocol, marking a significant step in the […]
Read MoreSolo Miner Wins 3.146 BTC with Community Help: Bitcoin Decentralization Boosted
Solo Miner’s Triumph: A Community Effort Fuels Bitcoin Decentralization On January 30, 2025, a solo miner’s success in solving a Bitcoin block and earning 3.146 BTC captured the attention of the crypto world. This event, facilitated by over 300 miners donating their hashrate during a 10-hour fundraising event organized by the 256 Foundation, underscores the […]
Read MoreUSDT Joins Bitcoin’s Lightning Network: Faster, Cheaper Transactions Unveiled in El Salvador
USDT Expands to Bitcoin’s Lightning Network, Aiming for Faster and Cheaper Transactions USDT’s integration with Bitcoin’s Lightning Network, utilizing the innovative Taproot Assets protocol, marks a significant step towards faster and cheaper transactions. Announced at the Plan ₿ Forum in El Salvador, this move could revolutionize how Bitcoin is used daily. Tether’s USDT now on […]
Read MoreFederal Reserve’s 100 Years: Economic Control vs. Bitcoin’s Decentralized Future
The Federal Reserve’s Century: From Economic Control to Bitcoin’s Challenge The Federal Reserve’s century-long journey has significantly shaped the global financial landscape, yet it faces increasing scrutiny over economic disparities and its role in crises. Bitcoin emerges as a beacon of hope, offering a decentralized alternative to traditional central banking, sparking discussions about the future […]
Read MoreIllinois and Indiana Blaze Trail with Bitcoin Reserves and ETFs in State Finance
Illinois and Indiana Lead U.S. States in Embracing Bitcoin: A New Era for State Financial Systems Illinois and Indiana are pioneering the integration of Bitcoin into state financial systems, potentially setting a precedent for widespread adoption across the U.S. Illinois introduces Strategic Bitcoin Reserve Act Indiana explores blockchain and Bitcoin ETFs for retirement funds Other […]
Read MoreBots Drive 70% of Stablecoin Transactions in 2024, Reshaping Crypto Market Dynamics
Bots Dominate 70% of Stablecoin Transactions in 2024, Reshaping the Crypto Market In 2024, automated trading bots drove 70% of stablecoin transactions, significantly influencing the market. USDC emerged as the leader in bot-driven transactions, while Coinbase’s Base network overtook Ethereum in transaction volume during the fourth quarter. 70% of stablecoin volume driven by bots USDC […]
Read MoreNorth Dakota Bill Aims to Protect Bitcoin Mining and Holder Rights
North Dakota’s Bold Move to Safeguard Bitcoin Mining Rights Can North Dakota’s new bill be the tipping point for Bitcoin mining rights in the U.S.? Representative Nathan Toman has introduced legislation designed to protect the rights of Bitcoin miners and holders, reflecting a broader push for digital asset rights across the country. Bill introduced to […]
Read MoreMalaysia’s MACC Uses Blockchain and AI to Combat Corruption
Malaysia’s Anti-Corruption Commission Harnesses Blockchain and AI to Combat Fraud The Malaysian Anti-Corruption Commission (MACC) is integrating blockchain and artificial intelligence (AI) to enhance its fight against corruption and fraud. Chief Commissioner Tan Sri Azam announced this strategy at the 3rd International Conference on Technology, Humanities, and Management in Maldives, emphasizing the potential of these […]
Read MoreCoinbase to Launch Solana Futures in 2025, Fueling Crypto Market Optimism
Coinbase to Launch Solana Futures in 2025: A Bold Move in a Bullish Market Coinbase is set to shake up the crypto derivatives market by announcing its plan to list Solana (SOL) futures on its Coinbase Derivatives platform, with trading set to begin on February 18, 2025. This strategic move not only highlights the growing […]
Read MoreDr Disrespect’s NFT Game Deadrop Shuts Down: Midnight Society Closes After 3 Years
Dr Disrespect’s NFT Dream Game Deadrop Shuts Down After Three Years In a surprising turn, the much-anticipated NFT-driven game Deadrop, backed by gaming icon Dr Disrespect, has met its untimely end. Midnight Society, the game studio co-founded by the popular gamer, has officially closed its doors, marking the end of an ambitious project that promised […]
Read MoreBitwise’s Bitcoin-Ethereum ETF Gets SEC Nod: A Crypto Investment Game-Changer
Bitwise’s Bitcoin-Ethereum ETF Receives Initial SEC Approval: A Milestone for Crypto Investment The SEC’s approval of Bitwise’s Bitcoin-Ethereum ETF on January 30, 2025, marks a historic moment for the cryptocurrency industry, signaling a new era of integration into traditional finance. Bitwise’s Bitcoin-Ethereum ETF gets initial SEC approval ETF aims to track spot prices of Bitcoin […]
Read MoreHAQQ Sees Indonesia as Asia’s Top Crypto Hub with Islamic Coin Approval
HAQQ’s Vision: Indonesia’s Potential as Asia’s Largest Crypto Hub With the third highest crypto adoption rate globally, Indonesia is poised to become Asia’s next crypto hub, according to Mohammed AlKaff AlHashmi, co-founder of the HAQQ Network. The recent regulatory approval of HAQQ’s Islamic Coin (ISLM) by Indonesia’s Financial Services Authority (FSA) has sparked optimism, fueled […]
Read MoreGrayscale Unveils Bitcoin Miners ETF: Invest in Mining Without Owning Crypto
Grayscale Launches Bitcoin Miners ETF: A New Way to Invest in Crypto’s Backbone Imagine investing in the very backbone of Bitcoin without owning a single coin. That’s the promise of Grayscale’s latest offering, the Bitcoin Miners ETF (MNRS), which gives investors a stake in the mining sector that powers the cryptocurrency network. Grayscale introduces Bitcoin […]
Read MoreSolana’s Teleport Ridesharing App Shuts Down: Decentralized Challenges in Focus
Solana’s Teleport Ridesharing App Ceases Operations Amid Market Hurdles Solana’s Teleport ridesharing app, which promised to revolutionize ridesharing through blockchain, has announced its closure. Launched in early 2022, the app faced low user adoption and fierce competition from established players. The shutdown emphasizes the challenges decentralized apps (dApps) confront in scaling and maintaining sustainability. Solana’s […]
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