MicroStrategy halts bitcoin buying; stock dips 2%
MicroStrategy did not purchase any bitcoin during the week of June 30 – July 6, marking its first pause in nearly three months of consistent acquisitions. Between April 7 and June 29, the company bought 69,140 BTC for approximately $6.77 billion, at an average price of $97,906 per
Zelenskyy’s Suit Controversy Locks $79M on Polymarket
A controversy surrounding Ukrainian President Volodymyr Zelenskyy’s outfit has led to nearly $79 million being locked on the decentralized betting platform Polymarket. The question was whether Zelenskyy would wear a suit between May 22 and June 30, 2024. On June 24, he appeared at a NATO meeting in the
Three Men Sentenced to 12 Years in Crypto Investor Kidnapping Case
Three men were sentenced on Thursday by a criminal court in Brussels to 12 years in prison each for the kidnapping of crypto investor Stephane Winkel's wife. The incident occurred on December 20, 2024, outside the couple’s home, when the victim was forced into a French-registered van.
Bitcoin Beach: How a Salvadoran Town Became a Crypto Pioneer
El Zonte, a small coastal town in El Salvador, became the first real-world test for using Bitcoin in a local economy. The project began in 2019, initiated by economist Mike Peterson and community leader Roman Martinez, following an anonymous cryptocurrency donation. The goal was to create a circular economy where
$2 Billion in Bitcoin Moves After 14 Years of Dormancy
Two dormant Bitcoin wallets from 2011 have recently transferred a total of 20,000 BTC, valued at over $2 billion, according to monitoring platforms Lookonchain and Whale Alert. These funds were moved to new addresses not linked to exchanges, suggesting a possible security upgrade, with no signs of immediate sale.
Digital Assets Now Most Profitable in Trump Portfolio
According to the Bloomberg Billionaires Index, former U.S. President Donald Trump has increased his wealth by at least $620 million in recent months through cryptocurrency-related ventures. The analysis shows that digital assets have become the most profitable part of his financial portfolio.
Although his total net worth has slightly
Over 40 Fake Crypto Wallet Extensions Found on Firefox
Over 40 fake extensions for the Mozilla Firefox browser that mimic popular crypto wallets have been identified in an ongoing cryptocurrency theft campaign, according to a report published by cybersecurity firm Koi Security.
These fraudulent extensions pose as legitimate applications such as Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, MyMonero,
AllUnity Approved by BaFin to Issue EURAU Stablecoin
AllUnity, a joint venture between DWS, Flow Traders and Galaxy, received an electronic money institution (EMI) license from Germany’s financial regulator BaFin on July 1. This license allows the company to issue EURAU, a euro-denominated stablecoin fully compliant with the EU's Markets in Crypto-Assets (MiCA) regulation.
EURAU
BlackRock’s Bitcoin ETF Outpaces S&P 500 Fund in Fee Revenue
The iShares Bitcoin Trust (IBIT), managed by BlackRock, has generated more fee revenue than the iShares Core S&P 500 ETF (IVV), according to Bloomberg data. With approximately $75 billion in assets under management and an annual expense ratio of 0.25%, IBIT brings in an estimated $187.2
Figma Becomes Latest Bitcoin-Holding Firm to File for IPO
Figma, a collaborative design software company, has filed documentation with the U.S. Securities and Exchange Commission (SEC) to begin the process of going public. The San Francisco-based firm reported holding $69.5 million in spot Bitcoin ETFs as of March 31.
On May 8, Figma’s board of directors