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Key Takeaways Mt. Gox transferred 11,501 Bitcoin, worth about $905 million, to an unmasked wallet after a test transfer to BitGo. Mt. Gox still holds over 35,915 Bitcoin, valued at approximately $2.8 billion at current market prices. Share this article Mt. Gox, the now-defunct crypto exchange, transferred 11,501 Bitcoin, worth approximately $905 million, to an…
The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected US president in November 2024. Following the US election, DeFi TVL rose to as high as $138 billion on Dec. 17, but had retracted to $92.6 billion by March 10, as noted by…
Strategy (MSTR) shares have fallen 30% since its executive chairman and former CEO, Michael Saylor, was featured on the cover of Forbes, according to stock price data from Yahoo Finance. Between Jan. 30 and March 10, Strategy’s shares dropped from $340.09 to $238.25. The tumble includes a 17% decline on March 10 amid the wider…
Bitcoin miner CleanSpark will join an important benchmark for US small-cap stocks, underscoring the company’s recent string of profitability despite industry volatility following the April 2024 halving. Beginning March 24, CleanSpark’s stock will be included in the S&P SmallCap 600 Index. As the name implies, the index measures the performance of small US companies that…
Key Takeaways Elon Musk reports that X is being targeted by a highly coordinated cyberattack. The team is working to identify and track down the attackers. Share this article Elon Musk has revealed that X is facing a massive and highly coordinated cyberattack that is larger and more sophisticated than the daily attacks they face,…
Mark Carney, a Canadian economist and now Prime Minister-designate, is already under the microscope for his previous remarks regarding cryptocurrency. Carney, who replaced former Prime Minister Justin Trudeau, took a measured and critical approach to cryptocurrencies, namely Bitcoin (BTC), in a 2018 speech he made at the Bank of England. He also shared concerns over…
Key Takeaways Speculation suggests the US DOJ may be liquidating seized Bitcoin, impacting its price. Clarity on Bitcoin’s price movement linked to DOJ actions is expected within 30 days. Share this article David Bailey, a well-known Bitcoin advocate and CEO of BTC Inc, speculated that Bitcoin’s recent price decline might be connected to the US…
Opinion by: Merav Ozair, PhD Technology is advancing at the speed of light today more than ever. We have surpassed Moore’s law — computational power is doubling every six months rather than every two years — while regulations are, and have been, playing catchup. The EU Artificial Intelligence Act just came into force in August…
Key Takeaways Coinbase Derivatives plans to launch 24/7 Bitcoin and Ethereum futures trading in the US. The launch will allow American traders round-the-clock access to regulated crypto futures contracts. Share this article Coinbase Derivatives plans to launch 24/7 Bitcoin and Ethereum futures trading in the US in the coming weeks, marking the first time American…
