South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has made a significant investment in the cryptocurrency sector. By acquiring 245,000 shares of MicroStrategy (MSTR) during the second quarter of this year. This investment is valued at approximately $33.75 million, highlighting NPS’s growing interest in cryptocurrency. MicroStrategy, a
August 16, 2024 1 min read
STS Digital has announced the acquisition of Swiss market maker Flovtec, a move that underscores its commitment to enhancing liquidity solutions within the cryptocurrency space. Flovtec’s trading infrastructure and proprietary algorithms will be integrated into STS Digital’s existing platform, further strengthening its offerings. The acquisition is set to bolster STS
August 14, 2024 2 mins read
During the Blockchain Futuristic Conference in Toronto, Canada, a live discussion took place at the WonderFi main stage titled “Memecoins, Social Investing, and DeFi – How Retail Trading Will Continue Evolving.” Jelena Djuric, CEO of Noble and a panel speaker, expressed her skepticism about the longevity of these memecoins in
August 14, 2024 2 mins read
Metaplanet, a prominent player in the cryptocurrency space, has made headlines once again. On the official X page, @Metaplanet Inc. has shared the details of new Bitcoin purchases. The Japanese Public Company has acquired an additional ¥500 million worth of Bitcoins. This is after it announced its intention to acquire
August 13, 2024 2 mins read
Germany’s KfW is set to introduce tokenized bonds. The largest development bank in the country announced its bonding in a recent press release that happened on Monday. Traditional finance institutions are exploring ways to put assets in bonds, credits, and funds, making the financial field more reliable. KfW is advancing
August 13, 2024 2 mins read
In 2024, Bitcoin miners have encountered significant financial challenges, with daily revenue dropping to an unprecedented low of $2.5 million. This decline marks the lowest point in the year and reflects the increased difficulty of mining operations. According to the information on Blockchain.com, the mining revenue has dropped to -0.06%.
August 12, 2024 1 min read
Zooko Wilcox, the renowned founder of the privacy-focused cryptocurrency Zcash, has recently joined forces with Shielded Labs, a blockchain development company. Jason McGee of Shielded Labs proposed his idea of starting this independent organization to help Zcash a year ago i.e., in Jan 2023. This strategic move comes as Wilcox
August 12, 2024 2 mins read
In a striking display of confidence, Bitcoin holders, often referred to as “hodlers,” have significantly increased their positions over the past month. Data from on-chain analytics platforms reveals that these long-term investors have collectively added substantial Bitcoins. Approximately $23 billion worth of BTC have been added to their holdings in
August 7, 2024 2 mins read
Donald Trump appeared on a Kick live stream with Adin Ross, a renowned YouTuber with more than 4 million followers. Adin Ross gifted Donald Trump a Cybertruck wrapped with the image of him standing after his assassination attempt and a $5K Rolex, on his live stream with over 500k live
August 6, 2024 2 mins read
In recent years with the current market hacks and money laundering. To combat this, The US is coming forward by proposing a bill to expand Secret Service powers in the crypto crime fight. In a bipartisan effort to combat cryptocurrency-related crime, US Senators Catherine Cortez Masto (D-Nevada) and Charles Grassley
August 5, 2024 2 mins read