MicroStrategy purchases $243M in Bitcoin, increasing its holdings to 450K coins

MicroStrategy purchases $243M in Bitcoin, increasing its holdings to 450K coins

MicroStrategy, the software company famous for its Bitcoin accumulation strategy, has purchased an additional 2,530 Bitcoin for approximately $243 million, increasing its total holdings to about 450,000 BTC. This acquisition marks the company’s 10th consecutive weekly Bitcoin purchase, further solidifying its position as the world’s largest corporate holder of Bitcoin. The purchase follows the strategy […]

Bithumb partners with Kookmin Bank, set to begin in March 2025

Bithumb partners with Kookmin Bank, set to begin in March 2025

Bithumb, South Korea’s second-largest cryptocurrency exchange, has announced it will switch its banking partner from NongHyup Bank to Kookmin Bank starting in March 2025. This move is part of Bithumb’s broader strategy to tap into the mainstream market and attract younger users. According to a report from The Korea Times on January 13, South Korea’s […]

JPMorgan’s Jamie Dimon claims he’s not against crypto, but compares Bitcoin to smoking

JPMorgan’s Jamie Dimon claims he’s not against crypto, but compares Bitcoin to smoking

In a recent interview with CBS News on January 12, JPMorgan CEO Jamie Dimon once again voiced his critical stance on Bitcoin, maintaining his position that the leading cryptocurrency lacks intrinsic value. Despite his persistent skepticism towards Bitcoin, Dimon clarified that he is not against cryptocurrency in general. Instead, his concerns remain focused on Bitcoin […]

ZRC surges over 19% following Bithumb listing, but can the rally sustain?

ZRC surges over 19% following Bithumb listing, but can the rally sustain

ZRC, the native token of the Ethereum layer-2 network Zircuit, surged over 19% after its listing on Bithumb, a prominent South Korea-based crypto exchange. The altcoin reached a high of $0.079 on January 13, marking a 24.8% increase from its weekly low of $0.063. This price rally brought ZRC’s market capitalization to over $160 million, […]

Azuki-backed ANIME coin prepares for its January 2025 launch

Azuki-backed ANIME coin prepares for its January 2025 launch

The upcoming launch of the ANIME coin in January 2025 represents a significant milestone for the anime community and the growing Web3 space, bringing together anime fans, creators, and collectors. Backed by Azuki, one of the most recognized NFT brands, and the Animecoin Foundation, the ANIME coin seeks to establish a decentralized, community-driven platform designed […]

DeFi protocol UniLend Finance exploited for $197,000

DeFi protocol UniLend Finance exploited for $197,000

UniLend Finance, a decentralized finance (DeFi) protocol, was exploited on January 12, 2025, resulting in the loss of approximately $197,000 worth of assets. The exploit took place on the Ethereum network, where an attacker manipulated a flaw in the protocol’s “redeem process” by artificially inflating the share price calculation. According to reports from TenArmorAlert, a […]

Overwhelming Demand Delays Solayer’s LAYER Token Sale After 15x Registration Surge

Overwhelming Demand Delays Solayer’s LAYER Token Sale After 15x Registration Surge

Solayer, a restaking network built on the Solana blockchain, has announced a delay in its community sale for the LAYER token due to overwhelming demand. The sale, originally scheduled to take place earlier, has now been postponed to December 16, 2025, at 10:00 UTC. This delay comes after Buidlpad, the launchpad overseeing the sale, reported […]

Crypto Market Inflows Plummet More Than 50% by End of 2024: Analyst

Crypto Market Inflows Plummet More Than 50% by End of 2024 Analyst

Crypto market inflows have significantly slowed down in the final month of 2024, with a notable drop of over 56%, according to popular crypto analyst Ali Martinez. In a recent post on X, Martinez revealed that capital inflows into the market fell from $134 billion to just $38 billion in a single month, signaling a […]

HashKey MENA plans expansion with conditional VASP license approval from Dubai’s VARA

HashKey MENA plans expansion with conditional VASP license approval from Dubai’s VARA

HashKey Group, a leading digital asset service provider, has taken a significant step forward in its expansion plans by announcing that its Middle East and North Africa (MENA) subsidiary, HashKey MENA FZE, has received conditional acceptance for its Virtual Asset Service Provider (VASP) license application from the Dubai Virtual Assets Regulatory Authority (VARA) on January […]

Animoca Brands launches the second phase of Mocaverse’s MOCA token airdrop

Animoca Brands launches the second phase of Mocaverse’s MOCA token airdrop

Animoca Brands, a prominent player in the blockchain gaming and digital entertainment space, has unveiled the second phase of its highly anticipated MOCA token airdrop for its Mocaverse community. This phase, announced by Yat Siu, co-founder and executive chairman of Animoca Brands, will distribute 300,000 MOCA tokens to community members. The distribution process is designed […]