Strategy (MSTR), the world’s largest publicly traded company holding Bitcoin, made a small BTC acquisition last week, adding 592 coins for $39.8 million. This represents an average purchase price of $67,286 per bitcoin, with purchases funded entirely by sales of common stock, according to an SEC filing. The company now holds 717,722 bitcoins acquired for […]
MSTR acquired 592 BTC last week Read More »
Mexican billionaire Ricardo Salinas, one of the country’s richest people, was unfazed by the recent drop in the price of bitcoin. “Take advantage and buy now while prices are falling,” Salinas said in a Sunday X article. “Investing in Bitcoin means protecting your money against inflation and keeping it out of the hands of those
Mexican Billionaire Ricardo Salinas Remains Bullish on Bitcoin After Fall Read More »
Based, a Web3 consumer app for trading and spending cryptocurrencies, raised $11.5 million in a Series A round led by Pantera, with participation from Coinbase Ventures, Wintermute Ventures and Karatage. The company said the new capital would be used to expand into new markets and expand its on-chain financial infrastructure. Launched eight months ago, Based
Pantera leads $11.5M funding round in Based, a hyperliquid-powered crypto app Read More »
Standard Chartered still expects the stablecoin market to reach $2 trillion by the end of 2028, which should translate into about $1 trillion in new demand for Treasuries, the bank said in a Monday report. At the start of 2026, the total market capitalization of stablecoins was around $300-320 billion. “This will result in approximately
IoTeX offered a 10% bounty to hacker(s) who exploited a private key on its ioTube cross-chain bridge, siphoning off millions of dollars, in exchange for voluntarily returning funds within 48 hours. With the move, IoTeX is offering $440,000 if the bad actor(s) returns approximately $4.4 million they stole, according to an article from IoTeX Chai
San Francisco, CA – NEAR launches Near.com, a new crypto wallet and consumer app that aims to make blockchain technology as easy as using a traditional financial app, while positioning itself at the intersection of crypto and artificial intelligence (AI). Polosukhin previously co-authored the paper that introduced the Transformer Model, the architecture that underpins modern
NEAR launches Near.com super app, touting AI capabilities and confidential transactions Read More »
The seemingly daily disruption of business models by advances in artificial intelligence continued Monday, sending stock market averages and cryptocurrency prices tumbling. Today’s victim (in addition to the usual victims) was IBM after Anthropic said Claude’s code could automate COBOL modernization. “COBOL [Common Business-Oriented Language] is everywhere,” Anthropic said. “It processes approximately 95% of ATM
BTC falls back to $64,000 as IBM becomes latest AI target Read More »
Several Russia-linked crypto exchanges continue to allow transactions linked to sanctioned entities, according to a report released Friday by blockchain analytics firm Elliptic. The report describes how some platforms allow users to convert rubles into cryptocurrencies, transfer funds across borders outside of traditional banking channels, and cash out through foreign brokers or exchanges. Elliptic said
Elliptic Flags Russia-Linked Crypto Exchanges Due to Sanctions Exposure Risks Read More »
Solana Company (HSDT) announced plans to build a high-speed infrastructure network in the Asia-Pacific region to support the growth of the Solana blockchain and diversify its revenue streams. The initiative, called “Pacific Backbone,” will connect Seoul, Tokyo, Singapore and Hong Kong to a low-latency cluster designed to support staking, validation and trading services on Solana.
Bitcoin BTC$64,768.11 The very modest rebound after the sharp overnight sell-off quickly faded during the morning session in the United States on Monday as broader risk markets fell sharply. Trading at $65,400 around midday on the East Coast, bitcoin has fallen 35% in the past 24 hours. The action came as U.S. stocks fell. The
BTC slides towards $65,000 amid US stocks rout Read More »
