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Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has revealed the company’s latest bitcoin coup: a strategic acquisition of 6,556 BTC for $555.8 million. The purchase translates to a crisp $84,785 per coin, further cementing the firm’s position as a titan in corporate crypto holdings. On Monday, Saylor highlighted an impressive milestone—the business intelligence (BI) … Read more
Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen. The untraceable funds primarily flowed into mixers before being transferred … Read more
Gold prices reached another all-time high during early Monday hours, blasting past the $3,400 per troy ounce mark. Gold futures contracts reached prices of $3,405,94 on COMEX, surpassing the record numbers achieved on April 17. The precious metal has been in a rush this year, scoring an intraday rise of $71 (+2.15%) and setting itself … Read more
N1, a layer 1 blockchain backed by Founders Fund, has announced the launch of its first testnet, inviting developers to request access via direct message. Designed to support applications and horizontal scalability, N1 aims to streamline performance by avoiding consensus in most cases, allowing for unordered and asynchronous transactions by default. This approach enhances scalability … Read more
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company in Japan, has announced the acquisition of an additional 330 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 12,181,570 yen per bitcoin, totaling approximately 4.020 billion yen. With this … Read more
Ethereum co-founder Vitalik Buterin has proposed a transformative idea to replace the Ethereum Virtual Machine (EVM) with RISC-V as the primary virtual machine language for smart contracts, aiming to enhance the efficiency and scalability of Ethereum’s execution layer. This proposal suggests that while the fundamental concepts of accounts and storage would remain unchanged, transitioning to … Read more
Opensea has officially launched open access for solana token trading on its OS2 platform, eliminating the previously established waitlist of over 50,000 users. This move allows all users to engage in solana token trading immediately, marking a significant step in the platform’s evolution. The introduction of open access reflects Opensea’s commitment to enhancing user experience … Read more
Crypto exchange Kraken has launched FX perpetual futures (FX perps) on its Kraken Pro platform, introducing real-time trading for EUR/USD and GBP/USD pairs with up to 20x leverage. These instruments, pegged to Dxfeed’s Composite Forex Index, offer continuous trading without expiration and function like traditional crypto perpetuals but are tailored for forex. Kraken aims to … Read more
Chinese purchases of U.S. Treasuries rose in February, when the Trump Administration enacted a 10% tariff on any imports coming from the Asian country. According to the Treasury International Capital (TIC) reporting system, China increased its U.S. debt holdings to $784.3 billion, up from $760.8 billion. Japan, another country heavily affected by these tariff measures, … Read more
The decentralized exchange Kiloex, which was recently hacked, announced that all stolen funds have been recovered. The company stated that it is now working with legal authorities and experts to officially close the case. Since all funds have been returned, there are no remaining victims, fulfilling Kiloex’s promise of a fair and transparent resolution. The … Read more