World’s Biggest Business Intelligence Firm Buys 21K Bitcoin for $250M

MicroStrategy confirms it has made Bitcoin its primary treasury reserve asset as institutional uptake takes a dramatic bullish step forward. The world’s largest publicly traded business intelligence company MicroStrategy (Nasdaq: MSTR) has formally adopted Bitcoin (BTC) as its primary reserve asset. In a press release issued on Aug. 11, MicroStrategy confirmed it had purchased 21,454 […]

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EOS DeFi Project Sets Up Shop on Polkadot

Equilibrium is not quite ditching EOS, but Polkadot will be its new home. An EOS-based decentralized finance project, Equilibrium, has announced its plans to develop a new interoperable protocol on the Polkadot (DOT) blockchain. The project is set to develop an independent parachain connected with Polkadot, featuring an independent utility token called EQ. It acts […]

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Cyprus SEC Blacklists 7 Investment and Crypto-Related Websites

The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading. Cyprus, a major international business center and tax haven, is warning investors against several suspicious websites offering foreign exchange and digital currency investment. The Cyprus Securities and Exchange Commission issued a warning against seven firms that have […]

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Mitsubishi Launches Blockchain Platform for Metal Trading

The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades. The metals and minerals resource trading subsidiary of Mitsubishi Corporation, Mitsubishi Corporation RtM Japan Ltd, has launched a blockchain platform named ECO for precious metals trading. Developed by Mitsubishi in partnership with the American blockchain company Skuchain, the platform […]

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Russia’s New Crypto Analytics System to Track Dash and Monero

Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto. A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins. Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is […]

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What Would the Re-Election of Alexander Lukashenko Mean for Crypto?

A contested election between president Alexander Lukashenko and Svetlana Tikhanovskaya leaves the future of crypto in Belarus in limbo. Protests have erupted in Belarus following the country’s presidential election on Sunday, but the possible continued presidency of Alexander Lukashenko may be good news for crypto. Lukashenko reportedly won re-election against opposition candidate Svetlana Tikhanovskaya in […]

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