SpaceX reduced the value of Bitcoin on its balance sheet by $373 million last year and in 2021. Tesla also offloaded Bitcoin last year. While the sale of Tesla’s Bitcoin (BTC) is in the public domain, details surrounding SpaceX’s holdings
Terra Luna Classic’s community is inclined to burn a colossal 800 million USTC tokens, a decision underscored by the inactivity surrounding the Ozone Protocol’s initially proposed development plan. The original intent of the Ozone Protocol, the brainchild of Terra co-founder
Brian Armstrong, CEO of Coinbase, has clarified the exchange’s intent to potentially integrate the Lightning Network, Bitcoin’s prominent Layer-2 scaling solution. In response to Jack Dorsey’s criticism, co-founder of financial services company Block Inc., Armstrong allayed concerns over Bitcoin and
A trending video showcasing Massachusetts Representative Stephen Lynch’s unwavering support for the U.S. Securities and Exchange Commission (SEC) has sparked controversy within the crypto community. Lynch defended the SEC’s actions against Ripple Labs Inc., suggesting that the regulatory body had
A recent report by CoinMarketCap has ranked Floki Inu as the “most viewed” metaverse coin by some margin. According to the price-tracking website, Floki Inu (FLOKI) accounts for 39.58% of all views related to the metaverse. The next most popular
In a new revelation that contradicts circulating rumors, Tesla has reportedly edited out Bitcoin (BTC) references from the source code of its payment page while leaving intact references to Dogecoin. Chinese reporter Colin Wu, acclaimed for his insight into the
The Australian subsidiary of Sam Bankman-Fried’s cryptocurrency exchange, FTX, is facing significant challenges as the country’s regulator, the Australian Securities and Investments Commission (ASIC), has canceled its local financial services license. This move comes after revelations of substantial financial misconduct,
Justin Sun and his companies have found themselves on the receiving end of an SEC dragnet in a move sending shockwaves through the cryptocurrency world. Justin Sun was strongly involved in allegations announced earlier this year which involved unregistered offers
Amidst concerns of a potential multimillion-dollar exploit, the Multichain MPC bridge platform has experienced abnormally large outflows, triggering alarm among observers and blockchain security experts. On July 6, a series of substantial withdrawals from the Multichain bridges caught the attention
Bitcoin made a remarkable resurgence on Tuesday, briefly crossing$31,000 after several prospective bitcoin exchange-traded fund (ETF) issuers resubmitted their applications to the U.S. Securities and Exchange Commission (SEC). As the world’s largest digital asset, bitcoin’s rally has triggered similar price
Lookonchain, a blockchain analysis platform, highlighted an ingenious yet deceptive scam concerning fake WETH (Wrapped Ethereum) in the crypto market. The swindle involves scammers creating counterfeit WETH tokens, transferring these from reputable wallets, and buying memecoins. This elaborate trick may
AI Token VAIOT (VAI) has brought more than 100% in gains to holders of the cryptocurrency due to the boom in artificial intelligence which is being used in many facets of the global economy. AI Token VAI has soared by 112%
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