Tesla’s second-quarter financial earnings revealed that the company sold 75% of its entire Bitcoin holdings. The sale of Tesla holdings generated the company $936 million worth of fiat currency. Elon Musk sells 75% of the company’s Bitcoin holdings Tesla is one of the largest electric car manufacturers globally. The company has been one of the …
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Whale Alert says an affluent crypto holder moved Bitcoin (BTC) worth $319,120,100 on Thursday, transferring the funds to an unknown wallet. The address has received a total of 55,688 BTC since February and is currently holding 20,890 Bitcoin worth $482,863,640 at time of writing. Another unknown whale also moved large amounts of Bitcoin to crypto …
Prince Filip Karađorđević, known as Philip Karageorgevitch in English, placated rumors that an Arab country would “soon” adopt Bitcoin (BTC) as legal tender. In an interview Philip delivered from Serbia, the prince explained that Bitcoin adoption is an inevitability for all countries. As a result of the thesis he first shared on a Bitcoin Reserves …
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The founders of tainted crypto hedge fund Three Arrow Capital (3AC), which filed for bankruptcy in the first week of July, have finally resurfaced after five weeks of no known whereabouts. In an interview with Bloomberg, Su Zhu and Kyle Davies, the two founders of the crypto hedge fund, admitted that the overconfidence born out of …
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Singapore-based cryptocurrency exchange Crypto.com continues to aggressively expand its reach, becoming the latest crypto firm officially authorized to operate in Cyprus. Crypto.com has received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC), the firm announced to Cointelegraph on July 22. The approval enables Crypto.com to offer a number of products and services to …
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As the blockchain space becomes more extensive, cybersecurity becomes a more crucial requirement for many. Because of this, PolySwarm CEO Steve Bassi argued that there is a need to leverage blockchain for cybersecurity. Bassi told Cointelegraph that while the awareness of blockchain technology and security is on the rise, the use of blockchain within cybersecurity is …
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Crypto.com has launched a new feature allowing them to buy cryptocurrencies through their Android phones, tablets, and other mobile devices using Google Play. The initiative plans to make it more convenient for people to buy cryptocurrency easily and conveniently. Crypto.com launches an in-app Google Pay purchase feature Crypto.com is a leading cryptocurrency exchange based in …
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BtcTurk, one of the largest cryptocurrency exchanges in Turkey, has become the latest member of the Crypto Open Patent Alliance (COPA). The exchange will now work alongside leading crypto firms to offer open access to patents and boost the adoption of cryptocurrency technology. BtcTurk joins COPA COPA is an alliance that seeks to remove the …
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FC Barcelona, a professional football club based in Catalonia, Spain, has announced plans to launch its animated non-fungible tokens (NFTs). FC Barcelona will create an audiovisual digital collectible, recreating sporting moments of sports legend “Johan Cruyff.” In July 21 press release, FC Barcelona confirmed plans to launch the first digital collection, animating sports legend Johan …
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Of all the crypto today NEO/USDT has been able to record the most movement in its market. This crypto has moved a 7.44%, and this much movement has made it the most profitable of crypto today. NEO price now: $10.56 NEO Market Cap: 751.4 million NEO Total Supply: 100 million NEO Rank: 61 Major Levels: …
Summary: Three Arrows Capital bosses are on their way to Dubai as 3AC liquidation proceeds. Su Zhu told Bloomberg that he and Davies have received death threats and prefer to keep a low profile for now. The founder also tagged recent events surrounding the crypto hedge fund as regrettable and said their bets did not …
BlockFi released its transparency report for Q2 2022. The platform had $1.8 billion in outstanding loans in Q2. The company is taking a number of measures to manage liquidity risks. BlockFi has released its transparency report for Q2 2022, and it gives a good picture of how the market crash has affected the platform. The …
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South Korean authorities have raided the home of Terraform Labs co-founder Daniel Shin. Officials also recently sent prosecutors and investigators to seven cryptocurrency exchanges in connection with the case. The Terraform Labs investigation is ramping up, but it is far from over. South Korean officials have taken another step forward in the investigation into Terraform …
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Coinbase has strongly denied that it listed securities on its platform, according to a July 21 blog post by Paul Grewal, the firm’s Chief Legal Officer. 1/ Coinbase doesn’t list securities. Period. ⬇️ — paulgrewal.eth (@iampaulgrewal) July 21, 2022 SEC classifies nine crypto assets as securities The Securities and Exchange Commission (SEC), in a July …
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Bored Ape NFT whale Franklin lost 100 wrapped Ethereum (WETH), worth roughly $150.000, to a joke bid gone wrong for an Ethereum Name Service (ENS) domain he registered on July 20. The joke started on July 19 when Franklin asked his followers which “phrase or meme” they wanted him to place a 100 WETH bid …
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