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
Category: News
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/
US gov’t job could allow Elon Musk to defer capital gains tax
The ‘DOGE’ department proposed by Elon Musk could allow the Tesla CEO to divest many of his assets and defer paying taxes. Source: https://cointelegraph.com/news/elon-musk-government-efficiency-defer-capital-gains-tax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
KARRAT Foundation Introduces Studio Chain: A Dedicated Blockchain for Web3 Gaming and Entertainment
Los Angeles, California, November 15th, 2024, GamingWire The KARRAT Foundation has teased the development of a new chain, Studio Chain. The KARRAT Foundation has revealed plans to develop Studio Chain, a blockchain aimed at enhancing the capabilities of Web3-native entertainment, particularly in the gaming sector. This strategic move aligns with the growing trend of publisher-specific blockchains designed to provide customized…
Bitcoin Whale Turned $120 Into $179 Million—All It Took Was HODLing for 14 Years
When people talk of Bitcoin being a store of value asset, they’re talking about examples like this one: A whale on Thursday moved 2,000 Bitcoin—worth $179 million—after not touching the stash for 14 years. Blockchain data shows that the whale—a crypto investor with huge holdings—received the coins in 2010 when they were worth $0.06 a piece. In total, they held…
XRP outperforms crypto market with a 17% pump — What’s driving the rally?
XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration. Source: https://cointelegraph.com/news/xrp-outperforms-crypto-market-with-a-17-pump-what-s-driving-the-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound