MicroStrategy purchased its first Bitcoin (BTC) stash on Aug. 10, 2020, becoming the first public-traded company to adopt the cryptocurrency as its primary treasury reserve asset. Four years later, the bold move has evolved into a defining strategy for the company that has outpaced even the returns of Warren...
The legal battle surrounding Tornado Cash developer Alexey Pertsev has reached a critical juncture as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code. According to the support account for Pertsev and Roman Storm, Pertsev, who was arrested two years ago and...
The Executive Council of the African Union (AU) has approved the “Continental Artificial Intelligence Strategy,” which promotes AI adoption in the public and private sectors among member states.This strategy was announced in a document published on the AU website on Aug. 9.The AU’s AI strategy was formally adopted during the...
Cryptocurrency custody platform BitGo is set to move its Wrapped Bitcoin business to a multi-jurisdictional and multi-institutional custody structure to ramp up its security efforts.Currently, BitGo’s Wrapped Bitcoin (WBTC) custody operations and cold storage are based solely in the United States. However, according to an Aug. 9 statement, the...
A market crash recently sent shockwaves across global financial markets, sending Bitcoin (BTC) below $50,000 for the first time since your grandma asked you what a Dogecoin (DOGE) is. But you’re as cool as a cucumber because you’ve been on this crypto rollercoaster more times than you care to admit.If...
ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks. Own this piece of crypto history Collect this article as NFT Uniswap Labs and Across Protocol have collaborated to introduce ERC-7683, a proposed standard for cross-chain trade execution.The initiative, highlighted in a recent X...
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space. Own this piece of crypto history Collect this article as NFT Hong Kong’s virtual banks are reportedly at a critical juncture. They currently capture only a small...
The idea of Bitcoin becoming the reserve asset of the United States poses significant centralization risks for the world’s first cryptocurrency despite being an optimistic price catalyst, according to Charles Hoskinson.Making Bitcoin a reserve asset for the US was recently floated by presidential candidate Robert F. Kennedy Junior, who...
