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MicroStrategy stock surges 94% YTD as Bitcoin nears $100K

MicroStrategy stock has soared 94% in 2024, fueled by Bitcoin’s rally above $97,000, with $15 billion in unrealized gains. Source: https://cointelegraph.com/news/microstrategy-stock-surges-94-ytd-bitcoin-nears-100k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Michael Saylor’s Microstrategy ‘Infinite Money Glitch’ Explained: Is It Sustainable?
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Michael Saylor’s Microstrategy ‘Infinite Money Glitch’ Explained: Is It Sustainable?

Michael Saylor, co-founder and Executive Chairman of Microstrategy, the company that pioneered Bitcoin reserves among institutions, seems to have found an infinite money glitch that turns debt and bitcoin into more money and bitcoin. But what’s the endgame, and is it sustainable? Michael Saylor’s Bitcoin Infinite Money Glitch Criticized Michael Saylor, once a bitcoin critic, […] Source: https://news.bitcoin.com/michael-saylors-microstrategy-infinite-money-glitch-explained-is-it-sustainable/

Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for $6.2 Million, Promises to Eat the Banana
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Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for $6.2 Million, Promises to Eat the Banana

Justin Sun, the founder of TRON, has made headlines by acquiring Maurizio Cattelan’s iconic artwork “Comedian” for $6.2 million at a Sotheby’s auction. In a statement, Sun expressed his excitement, describing the piece as “not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.” He […] Source: https://news.bitcoin.com/justin-sun-buys-iconic-maurizio-cattelan-artwork-comedian-for-6-2-million-promises-to-eat-the-banana/

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BitGo launches MAS-regulated crypto exchange in Singapore

BitGo Singapore has launched with a regulatory license, aiming to meet institutional demand in Asia with custody and trading services. Source: https://cointelegraph.com/news/bitgo-singapore-launch-mas-license-apac-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture
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Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain […] Source: https://news.bitcoin.com/avalanche-explained-inside-the-blockchains-three-chain-architecture/

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South Korea confirms North Korea behind $50M Upbit hack

South Korea confirms North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at over $1 billion. Source: https://cointelegraph.com/news/upbit-hack-lazarus-south-korea-police?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound