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MicroStrategy Adds 1,045 Bitcoin: Here’s What it Means for Crypto

• MicroStrategy Corporation disclosed in its most recent SEC filing that it has purchased 1,045 Bitcoin between March 24 and April 4, 2023. • The total acquisition price is listed on the paperwork as roughly $4.17 billion with an average purchase price of $29,803. • With one Bitcoin currently worth around $27,986, MicroStrategy’s stake is […]

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7,000 Kenyan Farmers Protected by Lemonade Crypto Coalition

• The Lemonade Crypto Climate Coalition launched a parametric crop protection program in Kenya, offering protection to nearly 7,000 farmers. • Smart blockchain contracts were used to provide fast cash transfers without the need for filing claims and human adjusters. • Founding partners included Avalanche, Chainlink, DAOstack, Etherisc, Hannover Re, and Pula. The Lemonade Crypto […]

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Binance Swaps $1B to Crypto: BTC, ETH, and BNB Get a Boost

• Binance CEO Changpeng Zhao (CZ) announced that the exchange will be switching the remaining BUSD from its $1 billion Industry Recovery Plan to native crypto, Bitcoin, and Ethereum. • Binance converted BUSD to USD through Uniswap at 05:31:47 UTC on March 13. • Signature Bank is the third New York bank to fail after […]

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DOJ Suggests Curbs on Sam Bankman-Fried’s Digital Devices Usage

• The U.S. Department of Justice (DOJ) has suggested restricting Sam Bankman-Fried’s use of digital devices as part of his bail regulations. • As part of the new bail regulations, the device must be a flip phone or „non-smartphone“ and internet access on the laptop must be restricted to just whitelisted sites. • SBF will […]

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Celebs Urge Court to Drop Lawsuit: Celebrities Promoted EthereumMax

• A group of celebrities including Kim Kardashian, Floyd Mayweather and others have asked a federal court in California to dismiss their revived case over EMAX. • Investors said the celebrities artificially inflated the asset’s value via social media attention. • The US SEC has now accused NBA legend Paul Pierce of improperly advertising the […]

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20M+ CORE Staked: Core DAO Airdrop Raises the Bar for Blockchains

• Core DAO completed an airdrop to over 1.12 million addresses on February 8, which makes it among the largest token distributions and smart contract usages to date. • Over 20 million CORE tokens have been staked since the airdrop and Core’s userbase is actively building on the utility of this blockchain. • Core DAO […]

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Argo Blockchain CEO Resigns After Crypto Mining Slump

• Argo Blockchain’s CEO, Peter Wall, has resigned. • Alex Appleton, the business’s CFO has also left the company recently. • In December, the company mined a paltry 147 BTC, a decrease of 25% from last month. Peter Wall Resigns as CEO of Argo Blockchain Seif El-Bakly has been named the company’s interim CEO while […]

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Deribit to Relocate to Dubai for Crypto-Friendly Regulations

• Deribit, a cryptocurrency futures and options exchange based in Panama City, is planning to relocate its headquarters to Dubai, a more crypto-friendly nation. • According to a report by Bloomberg, Deribit intends to apply for a Full Market Product license to Dubai’s Virtual Assets Regulatory Authority once the agency gives an update on its […]

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