On Tuesday, Nasdaq-listed and publicly-traded business intelligence firm MicroStrategy has purchased 21,454 bitcoins at an aggregate price of more than $250 million, adopting the crypto as its primary treasury reserve. Microstrategy’s investment in Bitcoin is only a part of its new capital allocation strategy, which seeks to maximize long-term value
The social media giants Google, Facebook, and Twitter are facing a $300 billion class-action lawsuit by cryptocurrency entrepreneurs, individuals, and companies for banning crypto and blockchain ads. JPB Liberty said, “A class action will be brought in the federal court of Australia against the social media giants’ Australian subsidiaries and
On July 15, the most prominent personal twitter accounts of famous users, crypto exchanges, and tech companies simultaneously hacked by scammers to steer followers to send crypto. The dozens of the biggest names including Joseph R. Biden Jr., Barack Obama, Bill Gates, Kanye West, and Elon Musk posted similar messages
Bitso, a Ripple and Coinbase-backed crypto exchange in Latin America, has hit 1 million registered users prior to its upcoming launch in Brazil. Bitso was officially launched in Mexico in 2014 through which users can buy, sell, or transfer crypto. As of now, it has raised over $4 million in
On July 8, Crypto asset Dogecoin (DOGE) surged 50% due to a fresh viral TikTok campaign that encouraged users to pump the coin, leading to an appeal to speculators from its twitter account. DOGE is warning traders against speculation after its price gain. In a tweet, the controller of the
On July 7, Binance announced its partnership with Etana Custody for a new fiat gateway that provides deposit services for 15 fiat currencies. Through Etana, Binance users are now able to deposit 15 new fiat currencies which include UAE dirham, Australian dollar, Canadian dollar, Swiss franc, euro, Checz koruna, British
Travala.com, a crypto accommodation booking platform announced that it is adding support for Expedia Partner Solutions (EPS), a global B2B partnership brand within Expedia Group. Travala users can now pay for Expedia through 30 listed cryptocurrencies which include Bitcoin, Ethereum, Binance Coin, and AVA, Travala’s native crypto. EPS allows the
