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According to the most recent SEC filings by MicroStrategy, has increased its Bitcoin holdings. This accumulation, however, occurred when three cryptocurrency-friendly banks in the United States went bankrupt within a week of each other. According to the reports, MicroStrategy acquired 6,455 Bitcoins between February 16, 2023, and March 23, 2023.
Crypto exchange KoinBX has listed Bitgert (BRISE), the native token of Bitgert, a crypto engineering firm that pioneer in powering a highly scalable and zero-fee blockchain ecosystem. Trading for Bitgert (BRISE) spot pairs began today at 11:30 AM (UTC). Currently, KoinBX supports and offers the following trading pairs – BRISE/USDT
With the arrest of Terra’s co-founder Do Kwon and former Chai Corp CEO Han Chang-joon in Montenegro last week, prosecutors in South Korea said on Monday that they are seeking an arrest warrant for Terraform Labs’ co-founder Daniel Shin. Do Kwon and Han Chang-joon, the former CEO of Chai Corp,
For $500 million, First Citizens Bank has purchased Silicon Valley Bank (SVB). Compared to its $40 billion valuation a year ago, the crypto-friendly Silicon Valley Bank is currently being bought for a whopping 99% discount. As of now, First Citizens BancShares has accepted deposits totaling $119 billion. On Monday, the
Chinese state-owned banks have emerged as an unexpected source of possible support for the influx of cryptocurrency businesses into Hong Kong after the city granted access to the beaten-down industry. Moreover, Chinese banks have been reaching out to crypto firms directly over the last few months, adding to indications that
Sony Interactive Entertainment, the company behind the PlayStation brand of video games, has patented a framework that allows players to move and use non-fungible tokens (NFTs) across games. Sony’s commitment to the cryptocurrency industry has been on display for years through strategic alliances and trademark filings. Sony has also added
A CryptoPunks non-fungible token (NFT) with a market value of 77 Ether was delivered to a burn address. But, the collector had meant to use it as collateral to borrow funds with which to acquire other NFTs. Brandon Riley, an NFT collector, purchased CryptoPunk #685 on March 13. He paid
Recently, attorneys for FTX Group and Modulo Capital revealed their desire to settle out of court, thus wiping away 99% of the VC firms’ books. Today, FTX announced plans to sell its ownership in Mysten Labs back to Mysten in an effort to raise as much money as possible. Unlike
The U.S. Securities and Exchange Commission (SEC) seems stubborn. In order to make it more difficult for cryptocurrency firms to operate in the United States and beyond. It’s no secret that SEC chair Gary Gensler isn’t a fan of the cryptocurrency market. Under his watch, the agency has taken a
The Shiba Inu team officially released the public documentation of the layer 2 solution Shibarium. The SHIB project brands Shibarium as the Shiba Inu ecosystem’s “low-cost blockchain solution” for the community. There have been ample FUDs and speculations revolving around Shibarium Beta. Recently, a pseudonymous Chain ID launched on Puppynet
