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You asked for more news that makes you laugh, and modern European politicians are busy drafting statements and resolutions that will never leave you hungry for amusement. In another display of financial wisdom that rivals deciding not to buy Apple stock in the 1980s, Swiss National Bank (SNB) Chairman Martin
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In Kibera, Africa's largest informal settlement located 6.5 kilometers from Nairobi's city center, a Bitcoin-based economic system called Afribit has been developing over the past five years. Home to more than 500,000 residents, this community has embraced digital currency as a solution to financial
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Bitdeer Technologies has acquired 50 bitcoin during a period of market volatility, adding to its growing cryptocurrency holdings. The company made the purchase at an average price of $81,475 per bitcoin, according to a recent announcement on social media. The acquisition comes at a time when bitcoin is experiencing
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Brain wallets are a security nightmare that can cause immediate loss of funds. They use human-generated passphrases to create Bitcoin private keys, but are fundamentally flawed because humans cannot generate true randomness. Automated bots continuously scan the blockchain for transactions to predictable brain wallet addresses, allowing attackers to steal funds
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Deutsche Telekom, the parent company of T-Mobile, has become a validator for Injective, a high-speed interoperable Layer 1 blockchain focused on decentralized finance (DeFi), according to an announcement made Thursday. This addition represents Deutsche Telekom's continued expansion into the cryptocurrency space, according to a report from Block. As
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The Oklahoma State House Committee has voted to advance a bill that would allow the state treasury to invest 10% of public funds in Bitcoin and other large-cap digital assets. House Bill 1203, also known as the Strategic Bitcoin Reserve bill, passed with a 12-2 majority vote and will now
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Ark Invest purchased 41,032 Coinbase shares worth $8.7 million for its Next Generation Internet exchange-traded fund on Tuesday. Simultaneously, the investment firm sold $8.6 million worth of its own spot Bitcoin ETF during a broad cryptocurrency market decline, according to a report from Block. This marks Ark&
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Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has transformed his company from a modest software business into one of the largest corporate holders of Bitcoin. As of recent reporting, Strategy holds 499,096 Bitcoins valued at approximately $46.6 billion, though this figure can fluctuate substantially due to market
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Tokyo-listed investment firm Metaplanet has purchased an additional 135 Bitcoin worth $12.9 million, the company announced on Tuesday. This latest acquisition was made at an average price of 14.3 million yen ($95,951) per Bitcoin, totaling 1.9 billion yen, according to a report from Block. With this
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Hong Kong-based investment firm HK Asia Holdings Limited has expanded its cryptocurrency portfolio to approximately 8.88 Bitcoin, according to a February 23 announcement. The company disclosed that its board approved further investment in Bitcoin following positive market response to its initial purchase, according to a report from Cointelegraph. On
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El Salvador has stopped its daily Bitcoin purchasing strategy, with the last transaction recorded on February 17, according to data from Arkham Intelligence. The pause follows the country's recent $1.4 billion loan agreement with the International Monetary Fund (IMF), according to a report from Cryptobriefing. The Central
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Utah's legislative bodies are moving closer to allowing Bitcoin investments as part of the state's reserve strategy. House Bill 230, known as the "Blockchain and Digital Innovation Amendments," passed the Senate Revenue and Taxation Committee on February 20 with a 4-2-1 vote. The bill
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The U.S. Congress is considering new legislation called the BITCOIN Act that would direct the Treasury Department to create a Strategic Bitcoin Reserve by purchasing up to 1 million Bitcoin over a five-year period. According to the proposal, the government would need to hold these Bitcoin reserves for a
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A potential audit of Fort Knox's gold reserves, proposed by former President Donald Trump, could lead investors to shift their focus toward bitcoin and other digital assets, according to market analysts. The U.S. gold reserves have not undergone a complete independent audit since the 1950s, making this
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South African investment company Altvest Capital has made its first Bitcoin purchase, buying one BTC as part of its new investment strategy focused exclusively on Bitcoin. The company announced its entry into the Bitcoin market on February 21, 2024, specifically noting it would not include other cryptocurrencies in its strategy
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Ross Ulbricht, the recently pardoned creator of Silk Road, has publicly supported Roger Ver, who currently faces serious tax evasion charges in the United States. Roger Ver was there for me when I was down and needed help. Now Roger needs our support. No one should spend the rest of