cryptocurrency
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MicroStrategy to Raise $2 Billion in Preferred Stock for Bitcoin Acquisitions
MicroStrategy Incorporated (Nasdaq: MSTR), a global leader in enterprise analytics, has announced plans to issue up to $2 billion in perpetual preferred stock to fund its ongoing bitcoin acquisitions. This strategic move aligns with the company’s ambitious 21/21 Plan, which…
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Thumzup’s Crypto Leap: A Bold Strategy or a Risky Gamble?
Thumzup Media Corporation’s decision to invest heavily in Bitcoin marks a significant departure from traditional treasury management practices. By purchasing 9.783 Bitcoin for approximately $1 million at an average price of $102,220 per BTC, Thumzup positions itself as a pioneering…
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$DNA Cryptocurrency by Muhdo Health: Revolutionizing Personalized Healthcare
Muhdo Health’s $DNA cryptocurrency aims to transform healthcare by merging genetic data, artificial intelligence, and blockchain technology. The token empowers users to control their genetic data, receive personalized health recommendations, and monetize their data by sharing it for research under…
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North Korean Hackers Shatter Records with $1.34 Billion Crypto Heist in 2024
North Korea’s state-sponsored hackers reached unprecedented heights in 2024, stealing $1.34 billion in cryptocurrency across 47 attacks. This figure is more than double the $660.5 million stolen in 2023 over 20 incidents, according to a Chainalysis report. These hackers now…
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$SRA. Bitcoin as a Strategic Reserve Asset: Opportunities and Challenges
The intersection of cryptocurrency and national economic policy has captured global attention. Bitcoin, positioned as a potential “Strategic Reserve Asset” (SRA), has become a focal point in discussions among financial analysts, policymakers, and the crypto community. Historically, national reserves have…
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Ex-PayPal COO David Sacks Named Trump’s Crypto and AI Czar
David Sacks, former COO of PayPal and prominent venture capitalist, has been named the new “crypto and AI czar” by incoming President Donald Trump. The announcement was made Thursday via Truth Social, Trump’s social media platform, where he described Sacks’…
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XRP Skyrockets 400%: Ripple’s Legal Victory and Institutional Momentum
XRP, the cryptocurrency developed by Ripple Labs, has taken the market by storm, reaching $2.50 on December 2, 2024, its highest price in six years. This rally, marked by six consecutive days of gains, has pushed XRP to the third-largest…
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Bitcoin Hits Historic $100,000: How and Why?
Crypto markets roared to life early Thursday as bitcoin surged past the $100,000 milestone for the first time, fueled by the announcement that president-elect Donald Trump would nominate Paul Atkins, a crypto-friendly candidate, to lead the SEC. The news sent…
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Bitcoin Surpasses $100,000: A Milestone in Cryptocurrency History
Bitcoin has achieved a groundbreaking milestone, surpassing $100,000 per coin and reaching an all-time high of $102,700. This historic event cements Bitcoin’s status as a transformative force in the financial world. What began as a niche concept over a decade…
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World Network Tests World ID 2.0 Passport Credential in Chile, Colombia, Malaysia, and South Korea
World Network, formerly known as Worldcoin, has launched a pilot program for its World ID 2.0 Passport Credential, testing the feature in Chile, Colombia, Malaysia, and South Korea. Announced during the “A New World” event in San Francisco, the World…
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Preliminary Investigation into the Kidnapping of Kokobelyan’s Father, Involving an Iranian Citizen, Concluded
The Armenian Investigative Committee has concluded the preliminary investigation into the kidnapping of former MP Khachatur Korkobelyan’s father, an 84-year-old resident of Aghajur village in Tavush Province. The case involves the active participation of former MP and ARF member Suren…