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Tag Archives: News

QCP: Crypto to See Quiet Summer as Miners Witness Post-Halving Capitulation

[unable to retrieve full-text content]CoinspeakerQCP: Crypto to See Quiet Summer as Miners Witness Post-Halving Capitulation The analysis states that Ethereum currently presents a strategic opportunity for traders. For the short term, QCP Capital reiterated its prediction of no major immediate price movements for ETH. QCP: Crypto to See Quiet Summer as Miners Witness Post-Halving Capitulation

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Environmental Activists Blame Wall Street for Funding Bitcoin Mining Emissions

[unable to retrieve full-text content]CoinspeakerEnvironmental Activists Blame Wall Street for Funding Bitcoin Mining Emissions Greenpeace also accused banks of hypocrisy, noting that they promote green and sustainability goals while simultaneously investing in or financing the crypto mining industry for profits. Environmental Activists Blame Wall Street for Funding Bitcoin Mining Emissions

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UwU Lend Hit with $3.7 Million Attack Three Days After the $20 Million Attack

UwU Lend, a crypto lending protocol, was exploited twice within three days as the attacker walked away with about $23.7 million. The first attack came on June 10, with the attacker walking away with $20 million in crypto from the platform. Today’s attack resulted in an additional loss of around $3.7 million. The second exploit was an extension of the first as they still had funds left on the protocol, which they withdrew less than three days after the first incident. Essentially, the...

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Bitcoin Mining Firms Witness 10% Stock Price Rally as Trump Promises Support

US presidential candidate and former US president Donald Trump is using crypto as a focal point of his current campaign – a twist from his previous term in which he called Bitcoin a scam. Now, he looks to make the US the center of crypto innovation and be the ‘crypto president’. In his latest move, he urged to make the US the most robust Bitcoin mining jurisdiction. His post on Truth Social read, “We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY...

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MicroStrategy Looks to Buy More Bitcoin, Conducting Stock Sale to Raise Capital

MicroStrategy will raise $500 million through a private stock sale to increase its bitcoin holdings. The company already holds over 1% of all bitcoins in supply, amounting to around 214,400. The stock sale will allow MicroStrategy to add more as it makes bitcoin a core component of its treasury reserve. In a press release informing investors about the sale, MicroStrategy stated, “MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin and for...

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‘Pharma Bro’ Martin Shkreli Sued by PleasrDAO

It looks like Martin Shkreli cannot keep himself out of legal trouble. He was previously convicted of securities fraud because of stock manipulation when he served as the CEO of Turing Pharmaceuticals. Now, he is being sued by PleasrDAO for his notorious online behavior, which has possibly caused PleasrDAO monetary losses. PleasrDAO is an on-chain community that collects physical and digital art and donates to charitable causes. During Shkreli’s previous securities conviction, PleasrDAO...

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Ripple’s New Acquisition Is a Certified Digital Asset Custodian

Ripple has acquired Standard Custody & Trust Company, a digital asset custodian regulated by the New York Division of Financial Services (NYDFS). This strategic acquisition is part of Ripple’s plans to expand into the growing stablecoin market, offering its users a stablecoin issued by a NYDFS-regulated entity. Those following Ripple’s ongoings first heard of its interest in purchasing the custodian a few months ago – now it has transpired. Standard Custody is the second custodian to...

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