Browsing yearly archive

2024

Mt. Gox delays repayment deadline, pushes it to October 2025

The defunct exchange had an original repayment deadline of October 31, 2024 Mt. Gox said the delay was down to creditors not completing the repayment steps and issues arising from the repayment process In 2024, Mt. Gox collapsed following a security breach, resulting in the loss of 850,000 Bitcoin Defunct crypto exchange Mt. Gox has […]

MicroStrategy’s endgame is to be the leading Bitcoin bank: Michael Saylor

MicroStrategy aims to become the world’s leading Bitcoin bank, holding 252,220 BTC. The company invests borrowed funds in Bitcoin, expecting 29% annual returns. Saylor’s goal is to grow MicroStrategy into a trillion-dollar bitcoin-driven entity. Michael Saylor, founder and executive chairman of MicroStrategy, in an interview with analysts at research and brokerage firm Bernstein outlined a […]

Bison launches insured Ethereum staking service

Bison announced its insured Ethereum staking product in partnership with Munich Re and Staking Facilities Users can stake as low as 0.005 ETH and earn weekly rewards Bison, a crypto trading and exchange-traded funds (ETF) platform by the Böerse Stuttgart Group, has unveiled a new staking service offering insured staking with Ethereum. According to an […]

US charges 18 people, companies for crypto fraud

US has charged 14 people and four companies for fraud and market manipulation among other illegal activities. The prosecution says this is the first criminal case involving cyptocurrency companies over market manipulation and wash trading. US prosecutors have filed charges against 14 people and four crypto companies over widespread market manipulation and fraud. According to […]

CleanSpark mined 493 Bitcoin in September

CleanSpark also increased its hashrate by 187% between September 30, 2023, and September, 30, 2024 Expansion and acquisitions are crucial for organic growth Bitcoin miner CleanSpark (CLSK) mined 493 BTC in September, according to details in an unaudited update published on October 4. This brought the company’s total bitcoin mined year-to-end of September to 5,079, […]

Peter Todd denies he’s Satoshi Nakamoto after HBO documentary

Film director, Cullen Hoback, points to Peter Todd as Bitcoin’s inventor Hoback relies on a 2010 web forum post in which Todd responded to one of Satoshi’s post Todd points out that he’s Satoshi “as is everyone else” HBO’s latest documentary has named Bitcoin core developer Peter Todd as Satoshi Nakamoto, the mysterious inventor behind […]

Crypto.com sues the US SEC after Wells notice

com has sued the SEC for overreaching its regulatory authority over crypto. The lawsuit challenges SEC rules categorizing most crypto transactions as securities. com seeks clarity on crypto derivatives through a petition with the CFTC. Crypto.com has today filed a lawsuit against the US Securities and Exchange Commission (SEC) in response to a Wells notice […]

National Bank of Bahrain launches a Bitcoin investment fund

The National Bank of Bahrain launches the GCC’s first Bitcoin investment fund. The fund offers accredited investors exposure to Bitcoin as a capital-protecting option. Bahrain ranks fifth globally in Bitcoin holdings, emphasizing its crypto-friendly stance. The National Bank of Bahrain (NBB) has made headlines with the launch of a groundbreaking investment fund aimed at providing […]

Japan’s Metaplanet buys $7M Bitcoin, now holds to $40.5M BTC

Metaplanet boosts Bitcoin holdings to 639.5 BTC as of Oct. 7. The company’s stock price has surged 11%, with a 544% year-to-date gain since May 2024. It has so far acquired an additional $1.4M in BTC via options trading, recognizing 23.97 BTC as revenue. Japan-based investment firm Metaplanet on October 7 announced that it has […]