MicroStrategy, the largest corporate holder of Bitcoin, has proposed a substantial increase in its authorized shares to enhance its ability to pursue its Bitcoin-focused strategy. The software company is seeking shareholder approval to raise its Class A common shares from…
The Russian government has approved a decree banning cryptocurrency mining in 10 regions from January 1, 2025, until March 15, 2031, according to a report by TASS. The decision aims to address energy concerns and includes seasonal restrictions in key…
Robert Kiyosaki predicts bitcoin will hit $350K in 2025, slamming Blackrock for suppressing BTC prices and urging investors to buy before institutional whales take over. Rich Dad Poor Dad author Robert Kiyosaki reaffirmed his stance on bitcoin, the U.S. dollar,…
The US Federal Bureau of Investigation (FBI) and Japan’s National Police Agency, noted that a North Korean hacking group, TraderTraitor, orchestrated the infamous Japanese exchange DMM Bitcoin hack. In May, the exchange lost 4,502.9 Bitcoin, comprising 48.2 billion yen ($305…
Canadian firm Matador Technologies Inc. (TSXV: MATA) has announced a bold step to strengthen its corporate treasury by investing $4.5 million in Bitcoin. The Toronto Stock Exchange listed firm said it will transition the majority of its cash reserves from…
MicroStrategy, the largest corporate holder of Bitcoin, has added another 5,262 BTC to its reserves, spending $561 million at an average price of $106,662 per Bitcoin. In a Monday post on X, MicroStrategy co-founder Michael Saylor said that the latest…
Japanese investment firm Metaplanet has made its largest Bitcoin purchase to date, acquiring nearly 620 BTC as the cryptocurrency trades below $100,000. On December 23, the company announced the $60 million acquisition of 619.7 BTC at an average price of…
The U.S. Internal Revenue Service’s (IRS) latest ruling requiring decentralized exchanges (DEXs) to adhere to the same reporting standards as traditional brokers has drawn sharp criticism from crypto executives and legal experts. “No shortage of ways to challenge this, and…
Stephen Akridge, a co-founder of the prominent blockchain platform Solana, is embroiled in a legal battle with his ex-wife, Elisa Rossi, over allegations of misappropriating millions of dollars in Solana (SOL) token earnings. Rossi claims in a lawsuit filed in…
The crypto community has taken to social media to express its grievances after the U.S. Treasury and Internal Revenue Service (IRS) launched their updated DeFi tax reporting requirements on Friday. As part of the regulation, digital asset brokers will be…