Strategy sold 1,638 Bitcoin between July 27 and Sunday, using $52.4 million of the proceeds for dividend payments on its STRC preferred stock and another
Tag: Strategy
A Multimillion-Dollar Hack Fuels Bitcoin Activity
Increased transaction volume within the Bitcoin network has been observed following a significant security breach affecting the Coldcard hardware wallet, beginning on July 30th. The
BNY and Galaxy Partner to Integrate Institutional Crypto Staking into Custody Platform
BNY and Galaxy have partnered to integrate institutional crypto staking into BNY’s digital asset custody platform, enabling eligible clients to earn staking rewards without moving
Financial Institutions Increasingly Converging with Crypto Businesses
Financial institutions are increasingly aligning with the cryptocurrency sector, driven by developments in stablecoin reserves and tokenized funds. BlackRock has introduced two new tokenized money
Bitcoin Price Rises Amid Cold Wallet Exploit and Strategy Sales
According to market data, Bitcoin’s price increased by 1.6% in the last 24 hours, peaking at $64,160. This rise followed a reported exploit of a
Delay to Vote on Cryptocurrency Bill
The US Senate has postponed a vote on the CLARITY Act, a proposed piece of legislation impacting the cryptocurrency market. The delay comes as the
Bybit Gains Austrian Licence for Payment Services
Bybit Payments GmbH, the European payments subsidiary of cryptocurrency exchange Bybit, has secured an electronic money institution license from Austria. This authorisation allows the group
Gelephu Mindfulness City Selects 3iQ for Bitcoin Management
A portion of Gelephu Mindfulness City’s bitcoin treasury has been entrusted to Toronto-based firm, 3iQ Corp. The move follows a pledge by the King of
Hashdex to Liquidate $14.7 Million Bitcoin ETF
The cryptocurrency asset manager Hashdex is preparing to liquidate its spot bitcoin exchange-traded fund, marking a potentially significant event within the U.S. market for such
Intesa Sanpaolo Significantly Reduces Bitcoin and Ether Exposure
Italy’s second-largest bank trimmed its holdings in cryptocurrency assets during the second quarter, reflecting broader market sentiment. Intesa Sanpaolo reduced its investment in Bitcoin and
