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Microstrategy’s Bitcoin Stash Grows to 174,530 BTC With Latest Purchase


Microstrategy has expanded its bitcoin holdings with the acquisition of 16,130 more bitcoins. With this latest purchase, the Nasdaq-listed software intelligence firm is now hoding 174,530 bitcoins, acquired for around $5.28 billion. Since adopting its bitcoin strategy, Microstrategy’s stock...

Jack Dorsey Leads $6.2 Million Seed Funding for OCEAN Bitcoin Mining Pool


Mummolin launches decentralized bitcoin mining pool Ocean with backing from Jack Dorsey. Image by yuromanovich, Adobe Stock. Mummolin, a Bitcoin startup, has raised $6.2 million in seed funding to support the launch of Ocean, a new decentralized bitcoin mining pool. The funding round was led...

US Spot Bitcoin ETF Market Sees New Entrant as SEC Decision Looms


Source: Adobe Stock Switzerland-based Pando Asset has emerged as the latest contender in the race to launch a spot Bitcoin ETF in the United States. Joining dozens of other applicants, Pando Asset is seeking to introduce a fund type that has yet to receive approval from the US Securities...

Poloniex to Resume Withdrawals Starting With TRX After $100M Hack


Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...

Coinbase Stock Outperforms Bitcoin and Ethereum: What’s Behind the Surge?


Source: Adobe / piter2121 Shares of the crypto exchange Coinbase with the ticker COIN are surging in the stock market, currently trading at $128.27, the highest level seen in 2023. The current stock price surpasses the previous peak of $110.15 from July and aligns with price levels from May 2022...

Ukrainian Lawmakers Mull Two Crypto Tax Bills


Source: Mariana Ianovska/Adobe Ukrainian lawmakers are set to debate two crypto tax bills, as Kyiv looks to raise money from crypto traders. Per Minfin and PSM7, Yuriy Boyko, a member of the National Commission on Securities and the Stock Market, confirmed that the regulator was the author of...

Hong Kong Police Receive 145 Complaints of Hounax Crypto Scam Totaling $18.9M


Hong Kong authorities confirm 145 victims and nearly $19 million lost in crypto scam involving unlicensed exchange Hounax. Image by Alexey Novikov, Adobe Stock. Authorities in Hong Kong have confirmed that 145 individuals filed complaints regarding losses from an unlicensed cryptocurrency exchange...

Bitcoin User Claims Hack Triggered Record $3M Bitcoin Fee, 139 BTC Lost


Bitcoin hack drained user’s wallet and forced record $3 million transaction fee payment. Image by Myst, Adobe Stock. A Bitcoin user has come forward claiming they were the victim of a hack that led to the record-breaking $3 million Bitcoin transaction fee paid last week. The anonymous user...

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