Ex-Binance adviser to join Kamala Harris campaign: Report
The prospective Democratic nominee’s position on crypto and blockchain was still unclear, but officials connected to the industry are reportedly getting on board. Go to Source
Month: August 2024
The USA can (and should) dedicate more energy to Bitcoin mining
Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining. Go to Source
Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?
Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up? Go to Source
Jamie Dimon bashes partisan politics in presidential election op-ed
The JPMorgan boss didn’t mention any candidates by name, but his message left little doubt about whom he was referring to. Go to Source
Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its … Read more
Bankrupt crypto firm Genesis completes restructuring
In a January open letter, Gemini co-founder Cameron Winklevoss accused entities related to Genesis of inflating their assets. Go to Source
Lido launches institutional-grade liquidity staking solution
The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers. Go to Source
Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024
Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise of Ethereum exchange-traded funds (ETFs) in Asia. Institutional … Read more
Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem. Go to Source
El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation
Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government and is not legally required to disclose its activities, it has failed to file its balances annually as … Read more