MicroStrategy, the largest corporate holder of Bitcoin, announced a plan to raise $2 billion through a preferred stock offering. This marks another bold step in the company’s aggressive Bitcoin acquisition strategy, driven by its ambitious 21/21 Plan. The initiative aims to generate $42 billion over three years using various financial tools. The Virginia-based company plans …
MicroStrategy Sets Sights on $42 Billion Bitcoin Goal Read More »
The United States could acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group. Known for his optimistic crypto forecasts, Green believes this potential Bitcoin reserve would revolutionize U.S. financial strategy. It could also ignite an unprecedented market surge, as outlined in a note shared with crypto.news. Green’s prediction aligns …
deVre CEO predicts USA to acquire upto 400k Bitcoin in ‘25 Read More »
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow on January 2, signaling a volatile start to 2025 for crypto ETFs. A massive $332.62 million exited the fund that day, marking the highest outflow since its inception on January 11, 2024. This surge in withdrawals extended IBIT’s outflow streak to three consecutive days, with …
BlackRock’s iShares Bitcoin Trust Sees Record Bitcoin Outflows Read More »
ChainGPT has introduced Nova, an AI-powered news agent designed to deliver timely and accurate updates from the Web3 world. The announcement marks a significant step in ChainGPT’s mission to develop cutting-edge tools for the blockchain community. What Nova Brings to the Table Nova tracks updates across blockchains, DeFi, NFTs, and social media, ensuring users stay …
ChainGPT Unveils Nova: The AI Agent Bringing Web3 News Read More »
Cryptocurrency wallet provider Tangem has resolved a critical security vulnerability in its mobile app that exposed private keys of certain users during email interactions with support. The issue came to light following community concerns and a detailed Reddit discussion on December 29. The Issue at Hand A Reddit user, “u/areklanga,” revealed that Tangem’s app logged …
Tangem Addresses Security Flaw That Exposed Users’ Private Keys Read More »
Bluzelle has announced a major shift, aligning its technological expertise with the Decentralized Science (DeSci) movement. The platform aims to reshape how scientific research is conducted, funded, and shared by leveraging blockchain technology and decentralization. Why DeSci? Scientific research has long been plagued by inefficiencies, complex funding processes, and a lack of transparency. Bluzelle’s DeSci …
Bluzelle Embraces Decentralized Science For Longevity Studies Read More »
Switzerland’s Federal Chancellery has approved the submission of the “Bitcoin Initiative,” a proposal seeking to amend the Swiss Federal Constitution to require the Swiss National Bank (SNB) to hold Bitcoin (BTC) as part of its reserves. The initiative, titled “For a Financially Strong, Sovereign, and Responsible Switzerland,” aims to amend Article 99 of the constitution. …
Switzerland Advances Bitcoin Proposal for Central Bank Reserves Read More »
Zero1Labs has announced the launch of a no-code platform designed to create utility agents for the Ethereum Virtual Machine (EVM) ecosystem. Dubbed the “Swiss army knife” for data aggregation, the framework enables developers and non-technical users to build agents that perform tasks such as data aggregation, automation, and portfolio management. The platform, inspired by tools …
More than two years after its collapse, FTX plans to start repaying customers and creditors early in 2025. The company announced it will implement its Chapter 11 Plan of Reorganization on January 3, 2025. “We are well positioned to begin executing the distribution of recoveries back to all customers and creditors,” said FTX CEO John …
FTX Set to Begin Customer Repayments from 3rd Jan ’25 Read More »
Asset manager Volatility Shares has filed for three new ETFs that aim to gain exposure to Solana (SOL) futures contracts. These contracts would be traded on Commodity Futures Trading Commission (CFTC)-regulated exchanges. However, no such futures products currently exist in the market. The fund’s prospectus states it will invest in contracts “that trade only on …
