Education & News
MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion has invested in Bitcoin as its primary reserve asset. CNN reveals that the company, owned in-part by BlackRock, purchased 21,454 Bitcoin worth $250 million. CNN on BlackRock's 15.24% Stake in Bitcoin According to data provided by
Blockchain
The United States Postal Service (USPS) has filed a patent for a mail-in voting system based on blockchain technology. The patent first filed in February, and was published last week as a safe alternative to physical polling stations in response to the COVID-19 pandemic. A snippet of the postal service
Bitcoin
An anonymous individual transfers 19,722 BTC worth over $243 million for a fee of only $139. The transfer was made in one of the richest Bitcoin wallets in existence. Whale Transfers over $243 Million in Cryptocurrency The transfer was identified by a whale-watching bot Whale Alert. The wallet from
Education & News
Layer1, a Bitcoin mining firm funded in-part by PayPal co-founder Peter Thiel has been accused of copyright infringement. A lawsuit was filed against Bitcoin(BTC) mining firm Layer1 for patent infringement. Mining Company of Paypal Founder Faces Legal Hurdle A complaint filed on August 14 suggests that the power usage
Education & News
When asked about his thoughts on a discussion on Bitcoin and the scarcity of gold, SpaceX founder Elon Musk shared knowledge of an asteroid filled with enough gold to make everyone on Earth a billionaire. Discussion on Bitcoin Leads to Gold Asteroid Revelation The discussion was brought up by Barstool
Education & News
Ethereum reached a two year high of $445 while open interest on ETH futures remained steady at a record $1.5 billion. Meanwhile, the ecosystem faces climbing gas fees. Ethereum Two Year High Ethereum has risen by 235% year-to-date. Over 25 days, it went up 87% which is almost 400%
Blockchain
First launched in May 2020, South Korea's blockchain-based drivers license system has hit one million users. This indicates that about 3% of the nation's 32 million driving population have ditched the physical (paper) license for a blockchain-powered digital drivers license. The drivers digital identification card was
Bitcoin
MicroStrategy (MSTR) - a Nasdaq-listed and world's largest business intelligence firm has become the first publicly traded company to buy Bitcoin (BTC) as part of its capital allocation strategy. Announced on Tuesday, the company says it has purchased 21,454 BTC (about $250 million at current market price)
Bitcoin
In a Tweet made on 11 August, cryptocurrency exchange, NairaEx announced a 1,000 giveaway. It encouraged readers to check the jackpot tab for more details on the giveaway. NairaEx Announces Giveaway In these times of great uncertainty for many of the world’s economies, contributions by those with more
Bitcoin
The New York State Department of Financial Services (NYDFS) has issued an approval notice allowing crypto firms in the state to hold, list, and trade ten selected (10) coins and tokens. According to an announcement on its website, the NYDFS has green-lighted eight (8) cryptocurrencies for listing and custody they
Africa
Nigeria has outperformed the rest of the world in Bitcoin interest over the past three (3) months. According to a report by crypto wallet app - Blockchain.com, Nigeria ranks as the highest source of Bitcoin (BTC) trading volume in Africa, and one of the world's fastest growing
Bitcoin
After scaling its previous price record less than a week ago, the now 6th placed cryptocurrency by market cap - Chainlink (LINK) has surged to another milestone high this weekend to reach a price of $14.35. The decentralized oracle altcoin has been one of the best performers since the