Here’s – Coin HD

Here’s Why Jack Dorsey’s Block Will Invest 10% of Bitcoin Profits Into BTC Monthly

Leave a Comment / Dorsey’s, Here’s / Avery Clarkson

Financial technology conglomerate Block, owned by X co-founder Jack Dorsey, has decided to invest 10% of all profits made from bitcoin-related products in monthly BTC purchases. Speaking to shareholders in a Q1 2024 earnings report, Dorsey outlined several reasons for the decision, addressing investors’ concerns about why Block is so focused on the largest cryptocurrency. […]

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Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence

Leave a Comment / Binance’s, Here’s / Nisha

Last updated: May 3, 2024 04:15 EDT | 3 min read Binance founder Changpeng Zhao received a far more lenient prison sentence than anticipated at his Seattle court hearing on Tuesday. Zhao pleaded guilty to money laundering violations late last year. But the judge ultimately imposed a mere four months of prison time. It starkly

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Here’s How Much Crypto Hong Kong’s Web3 Giant Animoca Brands Holds on Balance Sheet

Leave a Comment / Crypto, Here’s / azlan90

Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches. According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed

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Here’s How Much Bitcoin and Ethereum the US Govt Holds: Data

Leave a Comment / Bitcoin, Here’s / Admin

Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting crypto holdings of almost $15.27 billion. This substantial stash includes 212.847k BTC and 45.654k ETH. US Leads with Holdings of $15.27B Silk Road is perhaps the most infamous case where the

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Here’s Why the Effect of Bitcoin Halving is Diminishing, According to CryptoQuant

Leave a Comment / Effect, Here’s / Admin

Crypto market analytics platform CryptoQuant believes the effects of Bitcoin halvings have been diminishing and that the upcoming event will have an even smaller impact on BTC’s value. In the latest edition of the firm’s weekly crypto report, analysts said the effect of the halving has been reducing because the new issuance of BTC keeps

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Here’s How a Hong Kong Housewife Lost $908K to Crypto Scammers: Report

Leave a Comment / Here’s, Housewife / Avery Clarkson

A 46-year-old housewife in Hong Kong has reported losses of 7.1 million Hong Kong dollars ($908,000) after investing in a fraudulent crypto investment platform. According to a report by the South China Morning Post, people familiar with the matter revealed that the woman did not realize she had been scammed until a year after the

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Here’s What Vitalik Buterin Proposes in Case of a Quantum Emergency

Leave a Comment / Here’s, Vitalik / azlan90

In a recent publication on Ethereum Research dated March 9, Buterin explored the hypothetical situation of a “quantum emergency” potentially arising as soon as tomorrow. Speculating on the implications of such an event, Buterin outlined Ethereum’s readiness to tackle the challenge head-on. Shielding Against Possible Threats Speculating on the hypothetical scenario of a quantum emergency,

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Here’s Why This Student-Run Investment Fund Allocated 7% of its Portfolio to Bitcoin

Leave a Comment / Here’s, Student-Run / azlan90

The Stanford Blyth Fund, a student-run investment entity at the university, purchased Bitcoin (BTC) at $45,000 in February after a scholar pitched the asset during a meeting. According to a tweet by Kole Lee, a computer science major and leader at the Stanford Blockchain Club, the Blyth Fund has allocated approximately 7% of its portfolio

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Here’s the Deadline Date for FTX Creditor Claims

Leave a Comment / Deadline, Here’s / Avery Clarkson

The official liquidator of FTX has instructed creditors to file electronic claims by May 15, 2024. The claims portal managed by PricewaterhouseCoopers (PwC) anticipates commencing its initial distribution either in late 2024 or early 2025, with all valid claims being expressed in U.S. dollars. PwC Announces Chapter 11 Settlement for FTX and Debtors In a

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Here’s by How Much Robinhood’s Crypto Revenues Increased in Q4 23

Leave a Comment / Here’s, Robinhood’s / Nisha

Robinhood’s quarterly results are in – and they have once again beaten expectations, if only by a marginal amount. Although Robinhood has by no means been spared the aftershocks felt throughout the crypto market and the larger economic sector, things are looking up for the popular trading firm. Revenues Are Up, Costs Are Down Overall,

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