MicroStrategy founder Michael Saylor announced the company had repaid the $205 million loan at a 22% discount. The company also bought 6,455 bitcoins worth $150
Category: Markets
Bankrupt BlockFi to refund over $100K to California clients
BlockFi filed for Chapter 11 bankruptcy on November 28. Some Califonia users continued to repay their loans between November 11 and November 22 Users were
Binance’s CZ refutes CFTC’s claims of improper compliance procedures and trading
Commodity Futures Trading Commission (CFTC) made a surprise lawsuit against Binance. The lawsuit has labelled Bitcoin, Ether, Binance USD, Tether and Litecoin as commodities. CFTC
Disney disbands its metaverse team amid large layoff
Disney had picked Polygon for the metaverse project. Disney was targeting NFTs for its next-generation storytelling and consumer experiences. The company is currently in the
Crypto saw $160 million in institutional inflows last week
Investors put $160M into crypto investment products amid concerns around traditional finance. Bitcoin recorded the largest inflows of $128 million as a six-week streak of
Komodo makes AtomicDEX Mobile 100% open source
Komodo is a leader in blockchain interoperability and atomic swap technology. It is the company behind the AtomicDEX app. Making AtomicDEX Mobile source code open-source
Polygon price: MATIC poised as highly anticipated zkEVM goes live
Polygon Labs has announced its Polygon zkEVM is now live. MATIC, the native Polygon token is trading 8% down this past week and 3% down
Binance launches new regional hub in Georgia
Key takeaways Binance has opened a regional hub in Georgia as it expands its global reach. The crypto exchange seeks to ramp up talent acquisition,
Cathie Wood grills Hindenburg for ‘wildly misleading’ investors and buys Block shares
Wood says Hindenburg’s recent short report on Block was ‘wildly misleading’. She bought more than 600,000 shares of the crypto company late last week. Block
Bloomberg analyst: Crypto supercycle likely on as BTC outperforms gold
Bitcoin is outperforming commodities and gold so far in 2023, with BTC showing a 10x outperformance of the precious metal. Mike McGlone, a senior macro
