Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions. Strategic Bitcoin Allocation for Solidion Treasury Solidion Technology, a provider of advanced battery materials, announced on Thursday that it had invested a portion of its excess cash reserves in bitcoin. This strategic move aligns with the company’s […] Source: https://news.bitcoin.com/solidion-technology-allocates-60-of-its-cash-to-buying-bitcoin/
Author: Crypto Superhero
Ethereum ETFs Are Thriving Amid ‘Overdue Excitement’ and Rising Optimism: Analysts
Ethereum ETFs are riding a wave of post-election momentum, reversing a tide of billions of dollars in outflows that had dampened investor enthusiasm when launched this summer. Cumulative net inflows for spot Ethereum ETFs flipped positive Tuesday, hitting $94 million, according to SoSo Value data. Representing the total amount of money that nine investment products for Ethereum have taken in…
Ethena adopts fee-sharing proposal for ENA token
Now the protocol is working on a value accrual mechanism for ENA stakers. Source: https://cointelegraph.com/news/ethena-adopts-fee-sharing-proposal-ena-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether mints $1 billion USDt on Tron, pays zero fees — Arkham
According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation. Source: https://cointelegraph.com/news/tether-mints-1-billion-usdt-tron-pays-zero-fees-arkham?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: MicroStrategy’s Bitcoin bet swells
This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway. Source: https://cointelegraph.com/news/crypto-biz-microstrategy-bitcoin-bet-swells?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Below Summit Levels: Altcoins Dream of Peaks as Bitcoin Stays Close to Glory
At 3:40 p.m. EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 2.4% dip from its all-time high (ATH). Here’s a breakdown of the remaining top ten cryptocurrencies and their current standing compared to their previous ATHs. Bitcoin Inches Toward the ATH Reached 2 Days Ago, While Altcoins Struggle Below Previous Peaks At […] Source: https://news.bitcoin.com/below-summit-levels-altcoins-dream-of-peaks-as-bitcoin-stays-close-to-glory/
Helix mixer operator gets 3 years in prison for money laundering
Larry Harmon laundered 350,000 BTC, but he was treated leniently for his help in jailing Roman Sterlingov. Source: https://cointelegraph.com/news/larry-harmon-helix-crypto-mixer-prison-sentence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Floki Pumps to Five-Month High Price on Coinbase Listing Plans as Dogecoin Dips
Ethereum meme coin Floki (FLOKI) is one of Friday’s big winners, surging on the back of Coinbase announcing that it has added the dog-themed coin to its listing roadmap. The token jumped to a five-month high price above $0.00027 after the news, rising 21% in less than an hour per data from CoinGecko. Overall, Floki—which was named after Elon Musk’s…
Backpack Wallet, Blockaid prevent $26.6M loss from DeFi attacks on Solana
Blockaid scanned over 180 million transactions of Backpack’s users between June and September, detecting more than 71,000 malicious activities on the Solana network. Source: https://cointelegraph.com/news/backpack-wallet-blockaid-prevent-26-6-m-loss-de-fi-attacks-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FTX Targets Binance and CZ With $1.8 Billion Clawback
Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly fraudulent transfers. The following opinion editorial was written by Alex Forehand and Michael […] Source: https://news.bitcoin.com/ftx-targets-binance-and-cz-with-1-8-billion-clawback/