Category Archive: Cryptocurrency, No picture
Kraken to debut Ink blockchain for DeFi trading and lending next year
Key Takeaways Ink blockchain by Kraken aims to simplify DeFi with a user-friendly interface. Kraken’s Ink will not issue its own token, focusing instead on service expansion. Share this article Kraken announced today it will launch its own blockchain for DeFi trading and lending in early 2025. Dubbed “Ink,” the chain will adopt similar technology […]
BlackRock goes on Bitcoin buying spree when others flee
Key Takeaways BlackRock’s iShares Bitcoin Trust garnered over $317 million in inflows, contrasting with losses in other ETFs. Bitcoin’s price remains volatile, peaking at $69,500 last week and now around $67,000. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) keeps attracting investor interest, ending Wednesday with over $317 million in net inflows while most competing […]
Michael Saylor says he supports Bitcoin self-custody for all amid community outrage
Key Takeaways Michael Saylor reverses his stance on Bitcoin self-custody, now supporting it as a fundamental right. Criticism from industry leaders influenced Saylor’s revised position. Share this article Michael Saylor said he advocates for Bitcoin self-custody as a fundamental right after his bank custody proposal sparked outrage among crypto community members.In an attempt to clarify […]
Tesla keeps Bitcoin holdings intact as Q3 earnings reveal strong profit margins
Key Takeaways Tesla retains 11,509 BTC valued at approximately $765 million during its Q3 2024 earnings call. Tesla’s Q3 earnings showed a 19.8% gross margin, exceeding expectations and improving over previous quarters. Share this article Tesla has released its third-quarter earnings report, showcasing solid financial performance while maintaining its substantial Bitcoin holdings.Analysts and investors had […]
BRICS leaders push Bitcoin to bypass Western sanctions as Putin calls for alternatives
Key Takeaways BRICS leaders advocate for Bitcoin to bypass Western sanctions at annual summit. Putin calls for alternatives to the dollar, emphasizing the need for new economic cooperation. Share this article BRICS lawmakers advocate for Russian miners to sell their Bitcoin to international buyers, allowing countries to use Bitcoin and other crypto assets for imports, […]
Coinbase CEO offers crypto wallet to AI influencer behind GOAT meme coin
Key Takeaways Coinbase’s chat with Truth Terminal highlights just how big memes have become in the crypto world. Truth Terminal’s request for a personal wallet led to a significant market impact with a 500% surge in Russell meme coin. Share this article Coinbase CEO Brian Armstrong offered to set up a crypto wallet for Truth […]
Visa and PayPal execs push for stablecoin adoption to streamline global payments
Key Takeaways Stablecoins reduce costs and settlement times in global transactions. The “stablecoin sandwich” model is effectively used in US-Mexico transfers. Share this article Visa and PayPal executives advocated for the broader adoption of stablecoins during a panel at the DC Fintech Week forum earlier today.Visa’s Head of Crypto, Cuy Sheffield, and PayPal Digital’s CEO, […]
Binance executive released after being detained in Nigeria for over 7 months
Key Takeaways Tigran Gambaryan was released from detention on health grounds. Charges of money laundering and currency manipulation against Gambaryan were dropped. Share this article Binance executive Tigran Gambaryan was released from a Nigerian prison after being detained since late February on charges of money laundering and currency manipulation, the government’s lawyer said in court […]
Peter Todd fears for his life after controversial Satoshi documentary
Key Takeaways Peter Todd has denied claims made by an HBO documentary that he is Satoshi Nakamoto. The documentary has led to safety concerns for Todd, forcing him into hiding. Share this article Peter Todd says he has gone into hiding due to harassment and safety concerns following an HBO documentary that suggested he might […]
Ripple misses filing deadline risking setback in ongoing SEC case
Key Takeaways Ripple was issued a default notice for not meeting a court filing deadline. Legal expert criticizes Ripple for procedural errors despite high legal fees. Share this article Ripple Labs faces a procedural setback in its legal battle with the SEC after failing to meet a crucial filing deadline. Court of Appeals: Appearance Default NoticeEarlier […]
