Tag: Crypto News

Michael Saylor’s Strategy Resumes Bitcoin Buying with B Stock Offering

Michael Saylor’s Strategy Resumes Bitcoin Buying with $21B Stock Offering

Michael Saylor’s Strategy (NASDAQ: MSTR) reignited its Bitcoin acquisition strategy Monday, launching a $21 billion at-the-market (ATM) preferred stock offering. The Series A shares (STRK) will fund additional Bitcoin purchases, potentially pushing its holdings beyond 500,000 BTC. The announcement follows a two-week pause in buying, signaling renewed confidence despite market turbulence. The move positions Strategy to further dominate as Bitcoin’s…

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Top 3 Crypto Tokens Powering the Metaverse: Here’s What You Should Know!

Top 3 Crypto Tokens Powering the Metaverse: Here’s What You Should Know!

The metaverse merges physical reality with immersive virtual spaces, forming a 3D internet where users explore, socialise, and trade. Unlike traditional platforms, it spans interconnected worlds, blending augmented reality, gaming, and blockchain. Users navigate as avatars, attend events, and invest in digital assets, reshaping how society interacts online. Decentraland exemplifies this vision, offering Ethereum-based virtual land sales and live experiences.…

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How a Simple Glitch Made Jimmy Zhong a Bitcoin Billionaire?

How a Simple Glitch Made Jimmy Zhong a Bitcoin Billionaire?

In 2012, the Silk Road dark web marketplace thrived as a digital underworld for drugs, hacking tools, and anonymous Bitcoin deals. Law enforcement scrambled to keep pace, but 22-year-old Jimmy Zhong spotted a flaw. The University of Georgia computer glitch exploited a withdrawal glitch, double-clicking to trick the system into spilling millions. By creating fake accounts, he stole 51,680 bitcoins…

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What is DePIN and how to Earn Crypto by Contributing, Not Investing?

What is DePIN and how to Earn Crypto by Contributing, Not Investing?

The crypto world teems with earning opportunities, but many require upfront investments. DePIN disrupts this trend by letting users earn crypto rewards simply by contributing time or resources. This emerging sector merges blockchain with real-world infrastructure, empowering communities to build decentralised networks. What is DePIN? DePIN, short for Decentralised Physical Infrastructure Networks, uses blockchain and token incentives to crowdsource physical…

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Solana Co-Founder Questions Trump’s Crypto Reserve; Here’s What Happened

Solana Co-Founder Questions Trump’s Crypto Reserve; Here’s What Happened

Solana co-founder and CEO Anatoly Yakovenko has expressed skepticism about President Donald Trump‘s proposed cryptocurrency strategic reserve. His concerns emerged despite Solana’s inclusion in the select group of digital assets. On March 6, Yakovenko shared his preferences regarding a US crypto reserve on social media platform X. “No reserve” topped his list of preferences. He believes government control could cause…

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Top 5 Altcoins with High Staking Rewards to Keep an Eye On

Top 5 Altcoins with High Staking Rewards to Keep an Eye On

Discovering altcoins with exceptional staking rewards can significantly boost passive income potential while supporting blockchain network security. These five standout cryptocurrencies offer compelling returns that outpace traditional investments, representing a strategic opportunity for investors seeking both growth and consistent yield in the evolving digital asset ecosystem. 1. Cosmos (ATOM) Cosmos (ATOM) is a blockchain ecosystem enabling seamless interoperability between different…

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Bitcoin Falls 6% as Trump Signs Executive Order for Crypto Reserve

Bitcoin Falls 6% as Trump Signs Executive Order for Crypto Reserve

President Donald Trump signed an executive order today establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.” The initiative will initially use cryptocurrency seized in government criminal cases. White House AI and crypto czar David Sacks announced the move on X, calling it a “digital Fort Knox” for Bitcoin. “The Reserve will hold Bitcoin forfeited in criminal or civil…

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Trump’s White House Crypto Summit: Key Players, Policies, & Predictions

Trump’s White House Crypto Summit: Key Players, Policies, & Predictions

President Donald Trump will host the first White House Crypto Summit on March 7, drawing 25+ industry leaders and officials. Attendees will debate Bitcoin reserves, regulatory reforms, and U.S. crypto dominance. Fox Business reporter Eleanor Terrett confirmed 11 executives and two White House advisers so far. Confirmed Names Michael Saylor (MicroStrategy), David Bailey (Bitcoin Magazine), and Brian Armstrong (Coinbase) lead…

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Bitcoin Surpasses K on Tariff News; Trade Tensions Ease

Bitcoin Surpasses $90K on Tariff News; Trade Tensions Ease

Bitcoin surged past $90,000 yesterday as President Donald Trump postponed tariffs on Canadian and Mexican auto imports. The cryptocurrency market rallied alongside traditional risk assets following the announcement of a one-month tariff delay. Market analysts point to easing trade tensions as a primary catalyst for the upward movement across financial markets. Trade Relief Boosts Investor Confidence President Trump confirmed a…

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Thailand’s M Bitcoin Fraud Case; Scam That Shook the Crypto Community

Thailand’s $40M Bitcoin Fraud Case; Scam That Shook the Crypto Community

A 22-year-old Finnish cryptocurrency trader lost 5,564 bitcoins worth $40 million in one of Thailand‘s biggest crypto scams. Aarni Otava Saarimaa transferred his digital assets to scammers between January and February 2018. The perpetrators promised lucrative investment opportunities in various ventures, including a Macau casino. The fraudsters showcased lavish lifestyles and presented forged documents to gain Saarimaa’s trust. They pitched…

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Congress Strikes Down Biden-Era Crypto Tax Rule, Benefiting DeFi

Congress Strikes Down Biden-Era Crypto Tax Rule, Benefiting DeFi

The U.S. Senate voted 70-27 on March 4, 2025, to repeal a Biden-era IRS rule targeting decentralised finance (DeFi) platforms. Using the Congressional Review Act, lawmakers moved to erase the 2024 rule requiring DeFi protocols to report user transactions.  Senator Ted Cruz (R-TX), the resolution’s sponsor, labelled the policy “incoherent federal overreach” before the vote. Meanwhile, bipartisan support underscored growing…

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Reddit’s Co-Founder Plans To Acquire Tiktok And Move It On-Chain

Reddit’s Co-Founder Plans To Acquire Tiktok And Move It On-Chain

Alexis Ohanian, Reddit’s co-founder, confirmed his involvement in a consortium aiming to acquire TikTok’s U.S. operations. Partnering with Project Liberty, led by Frank McCourt, Ohanian seeks to transition the platform onto a blockchain. This move responds to looming U.S. bans over national security concerns tied to TikTok’s Chinese parent company, ByteDance. “I’m officially now one of the people trying to…

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