Author: Nola Robert

Article written by Nola Robert

MicroStrategy makes a $2 billion Bitcoin purchase

November 13, 2024 2 mins read

MicroStrategy Inc. has made headlines with its most significant Bitcoin purchase since 2020, acquiring around 27,200 BTC for about $2.03 billion between late October and early November. This move marks a pivotal moment in the company’s ongoing commitment to cryptocurrency, bringing its total Bitcoin holdings to an impressive $24 billion, based on Bitcoin’s recent peak price of over $86,500. The company’s co-founder and chairman, Michael Saylor, first introduced Bitcoin into

exSat Network introduces Bitcoin staking

November 5, 2024 1 min read

The exSat Network unveiled its new exSat bridge, which introduces Bitcoin staking just weeks after its mainnet launch. This feature, according to the team aims to broaden the financial landscape for Bitcoin holders, allowing them to earn yields while still retaining control of their original assets. By staking Bitcoin, users receive a wrapped token called XBTC, which is directly tied to their native BTC on a 1:1 basis. This means

DWF Labs Dismisses Partner Amidst Allegations

October 29, 2024 1 min read

DWF Labs is currently addressing serious allegations against one of its partners, who has been accused of inappropriate behavior. In light of these concerns, the company has made the decision to remove this partner from all management and operational positions immediately. DWF Labs announced they prioritize respect and are dedicated to fostering a safe and inclusive workplace for everyone. In addition, they added that their commitment to gender diversity is

SEC filings reveals Emory holds 2,678,906 ETF shares as of September 30

October 27, 2024 1 min read

Emory University has made headlines by investing $15 million in the Grayscale Bitcoin Mini ETF, becoming the first university in the United States to publicly announce Bitcoin holdings. According to recent filings with the U.S. Securities and Exchange Commission, Emory owns over 2.6 million shares in the ETF, valued at just over $15 million as of the end of September. This investment is part of a larger trend where institutional

MOODENG rises 128% after Binance announces USD-Margined perpetual contract listing

October 26, 2024 1 min read

Moo Deng (MOODENG), a meme coin on the Solana blockchain, is making waves in the cryptocurrency scene, with its price skyrocketing by 128.4% in just 24 hours, currently sitting at approximately $0.1649. This surge is accompanied by a remarkable 293% increase in trading volume, largely fueled by Binance’s recent announcement of a USD-Margined perpetual contract for the token, which went live on October 25. The new MOODENGUSDT perpetual contract on

India Blockchain Week (IBW) Returns To Spotlight The Growth of India’s Web3 Ecosystem

October 14, 2024 6 mins read

India Blockchain Week (IBW), the country’s flagship series of blockchain and web3 events held in Bangalore, is set to return for 2024 after an enormously successful 2023 edition. Spanning from November 30th – December 8th 2024, the web3 festival will feature an array of 100+ web3 events, including flagship events such as IBW2024 Conference, ETHIndia, IBW Demo Day and many other side-events hosted by Indian & global blockchain industry stakeholders.

Sui to Make Native USDC Available Through NAVI Protocol

October 9, 2024 1 min read

The Sui Foundation has recently unveiled its support for native USDC on the Sui network, marking a significant development in the decentralized finance (DeFi) landscape. NAVI, the leading DeFi and liquidity protocol on Sui, is set to integrate Circle’s USDC from day one, boasting an impressive $120 million in USDC liquidity—making it the third-largest supply of USDC in the industry, following Aave and Compound. This integration is poised to enhance

Bank of England and the FCA launch the Digital Securities Sandbox (DSS)

October 2, 2024 1 min read

The UK is stepping into the future of finance with the launch of the Digital Securities Sandbox (DSS) on September 30, a collaborative initiative by the Bank of England and the Financial Conduct Authority (FCA). This innovative sandbox allows businesses to explore the transformative potential of digital ledger technology (DLT) in the realms of notary, maintenance, and settlement processes for financial securities. The FCA recognizes that DLT can enhance market

Spheron Introduces Fizz Node for Flexible AI Compute Resources

October 2, 2024 3 mins read

Spheron, a decentralized platform harnessing compute resources, has announced the launch of Fizz Nodes, allowing users to participate in the Spheron network and earn rewards by providing computational resources to deploy AI workloads on the edge, without the rigorous reliability requirements of traditional provider node.  Fizz Nodes offer a more accessible way for individuals to participate in the decentralized network by providing GPU and CPU resources, while adhering to a more

Oracle Integrity Staking introduces accountability and rewards for Pyth network participants

September 22, 2024 1 min read

Oracle Integrity Staking (OIS) is a novel feature implemented by the Pyth Network to augment data source accountability through the introduction of staking rewards and slashing processes. This enhancement seeks to ensure superior real-time price feeds throughout the DeFi ecosystem. The decentralized staking system enables PYTH token holders and data publishers to stake tokens and earn rewards based on the quality of the data supplied. In addition to these incentives,

SCRYPT Partners with OpenTrade to Offer Money Market Access on USDC/EURC for Institutional Clients

September 20, 2024 4 mins read

SCRYPT, a Swiss-licensed leader in institutional-grade crypto asset services, today announces a strategic partnership with OpenTrade, an institutional-grade platform for lending and yield products. The partnership will launch a product that allows SCRYPT clients to seamlessly invest USDC and EURC into tokenized U.S. Treasury Bills and E.U. Government Bonds. The US Tokenized Treasuries industry has increased in value by 90% from $1.13 billion at the end of Q1 to $2.15 billion

US Bitcoin ETFs experiences the largest inflow since late July, with over $263 million in a single day

September 15, 2024 1 min read

Bitcoin ETFs saw a jump in net buying on Friday, totaling $263 million, the greatest single-day inflow since July 22. This performance was fueled by a 12% gain in Bitcoin’s value, with one day seeing it surpass $60,000. Fidelity’s Bitcoin (FBTC) saw a $102 million inflow, boosting its weekly profits to almost $218 million. Other Bitcoin ETFs managed by Bitwise, Franklin Templeton, Valkyrie, VanEck, and Grayscale saw positive inflows. ARK