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Nalezeno "News Bytes": 1946

Strategy’s Bitcoin Stack Hits 580,955 BTC After New Acquisition


Strategy (formerly Microstrategy) continues expanding its bitcoin holdings with a fresh multimillion-dollar acquisition and updated performance metrics. On June 2, Strategy Executive Chairman Michael Saylor announced that the firm acquired an additional 705 bitcoin (BTC) for approximately $75.1...

Elon Musk Claims ‘Bitcoin Style’ Encryption for New XChat Features


Elon Musk has announced that the new XChat feature on the X platform will incorporate “Bitcoin style” encryption, enhancing user privacy and security. According to Musk’s recent post, the updated XChat will include features such as encryption, vanishing messages, and the ability...

Ross Ulbricht Given 300 Bitcoin Donation


Ross Ulbricht, the recently freed founder of the Silk Road marketplace, has received a donation of 300 BTC, valued at over $31 million, to his designated donation wallet. The substantial contribution comes as Ulbricht seeks support following his release from prison, where he served a lengthy...

Multichoice’s Irdeto and Coinbase Unite Against Illicit Cryptocurrency Use


Irdeto, the African entertainment platform Multichoice’s digital security subsidiary, has partnered with Coinbase to combat cybercriminals using cryptocurrency for piracy and other illicit activities. Irdeto’s intelligence-led investigations have shown an increasing use of cryptocurrency...

Bitcoin Scandal Forces Czech Justice Minister to Step Down


Czech political circles were shaken when Justice Minister Pavel Blažek stepped down following revelations that his ministry received a bitcoin donation valued at one billion crowns from an ex-convict previously charged with narcotics offenses. Although Blažek maintained his innocence, stating...

IMF Alarmed as Pakistan Declares Bold Bitcoin Reserve


Amid ongoing economic negotiations, Pakistan’s unprecedented plan to integrate bitcoin into its national strategy has sparked concern from the International Monetary Fund, which was not consulted on the initiative. The country declared the establishment of a national bitcoin reserve and a digital...

US-Mexico Transfers Accelerated by XDC-Bitso Blockchain Rail


In a strategic move to overhaul U.S.-Mexico remittance flows, XDC Network has joined forces with Bitso Business to deploy a blockchain-based payment framework designed for rapid, low-cost, and secure cross-border transactions. Tapping into the $63 billion inbound remittance market in Mexico and...

Binance Japan Secures International Security Certifications


Binance Japan has secured ISO/IEC 27001 and 27701 certifications from the British Standards Institution, signaling a milestone in its cybersecurity and privacy framework. These international standards validate the firm’s stringent controls and governance measures. General Manager Takeshi Chino...

SEC’s Crypto Task Force Gets Crucial Input From EY


Ernst & Young LLP (EY US) submitted a letter to the U.S. Securities and Exchange Commission (SEC) last week in response to the SEC’s request for input on crypto-related matters. The firm emphasized the importance of regulatory clarity regarding how federal securities laws apply to crypto...

Bitcoin ETFs Soar as Investors Flee Gold Holdings


A strategic pivot among investors is becoming clear as capital shifts from traditional safe havens to digital alternatives. Over the past five weeks, U.S.-based bitcoin ETFs attracted more than $9 billion in inflows, predominantly led by Blackrock’s Ishares Bitcoin Trust (IBIT), while gold ETFs...

India May Release Crypto Regulation Discussion Paper in June: Report


India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President...

Standard Chartered Sees Solana Hitting $500 by 2029 Despite Short-Term Dip


Solana’s long-term potential remains robust despite short-term hurdles, according to Standard Chartered’s digital assets head Geoffrey Kendrick. The bank forecasts SOL will climb from roughly $175 today to $275 by late 2025 and $500 by 2029. However, solana is expected to trail ethereum over...

The New Trade in Town: TACO


The TACO trade and the philosophy behind it are making waves across the financial world after a journalist asked President Donald Trump if he knew what it meant. First described by Financial Times journalist Robert Armstrong, TACO stands for “Trump Always Chickens Out,” meaning that...

Hardware Wallet Manufacturer Ledger to Release Crypto Card in the US


Ledger has announced that the CL Card, developed in partnership with Baanx Group, will soon be available for U.S. residents. The CL Card allows users to spend their cryptocurrency at over 90 million merchants worldwide through the Visa network, earn 1% cashback in bitcoin, and convert their...

Etoro Expands US Crypto Offerings With Addition of a Dozen New Tokens


Social trading network Etoro has announced the addition of a dozen new cryptoassets to its platform for U.S. users, expanding its offerings beyond bitcoin, bitcoin cash, and ethereum. The newly available assets include aave, cardano, chainlink, compound, dogecoin, ethereum classic, litecoin,...

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