MicroStrategy’s ($MSTR) $4 Billion Bitcoin Bet Inches Towards Profitability
Bitcoin’s recent hike has brought MicroStrategy’s Bitcoin bet closer to profitability again. Under Michael Saylor, the IT firm spent over $4...
Ethereum
US Government Dumped 9,800 Bitcoin From Silk Road Saga, Plans To Sell 41K BTC In 2023
Summary: U.S. authorities sold over 9,000 Bitcoin forfeited by Ross Ulbricht in the Silk Road case, a darknet marketplace shut...
Tron Founder Justin Sun Lost His Diplomatic Status In 2022
Justin Sun reportedly had his diplomatic status revoked in June last year. The Tron founder was stripped of his status as...
Singapore Court Approves Thai Crypto Exchange Zipmex’s Restructuring Plan
The Singapore High Court has approved a restructuring plan for Zipmex. The approval will help customers with stranded funds on the...
3AC Co-Founder Kyle Davies Given 2 Weeks To Answer Subpoena: Bankruptcy Court
Summary: A U.S. bankruptcy court ordered Three Arrows Capital (3AC) co-founder Kyle Davies to respond to a subpoena served on...
“Not Guilty” Sam Bankman-Fried To Plead To 13-Count Indictment Over FTX Crash
Summary: Sam Bankman-Fried will reportedly please not guilty to new criminal charges filed by U.S. prosecutors.The 13-count indictment by the...
Sam Bankman-Fried Is Paying His Lawyers With Funds From Alameda Research
Sam Bankman-Fried is reportedly covering his legal defense fees using funds from Alameda Research.The funds are part of a $10...
Binance Hid Ties With China Even After The Crackdown In 2017
Binance and its top executives have reportedly concealed ties with China for several years. A recent report claimed that Changpeng Zhao...
U.S. And South Korea Seek Do Kwon’s Extradition From Montenegro
The United States and South Korea have both requested the extradition of Do Kwon. Montenegro’s Justice Minister revealed the extradition requests...
Galaxy Digital Posts $1 Billion Loss For 2022, Reports Profit In Q1’23
Galaxy Digital has reported a net loss of $1 billion for 2022. The loss was attributed to unrealized losses on the...
Prosecutors Allege FTX’s Sam Bankman-Fried Bribed Chinese Authorities With $40 Million
Summary: U.S. prosecutors indicted disgraced FTX Founder Sam Bankman-Fried on bribery charges, Reuters reported Tuesday.Court documents alleged that SBF paid...
Ethereum’s Shapella Upgrade for Staked ETH withdrawals Coming April 12
Summary: Ethereum core developer Tim Beiko confirmed that the anticipated Shapella upgrade will happen on April 12.The Shanghai-Capella update on...
Binance’s BUSD Sees $500 Million In Outflows Following CFTC Lawsuit
Binance’s BUSD stablecoin has suffered nearly $500 million in outflows over the past 24 hours.The significant outflow came after the...
dYdX Up 12% Following The Announcement Of Cosmos Testnet
DeFi exchange dYdX has announced the launch of its private testnet on Cosmos. The testnet marks the DeFi crypto exchange’s transition...
MicroStrategy Splurges $150 Million On Bitcoin, Repays $205 Million Silvergate Loan At 22% Discount
Summary: MicroStrategy bolstered its Bitcoin bag with a 6,455 BTC purchase worth around 150 million at today’s prices.Former CEO Michael...
