MicroStrategy Unveils $3B Rescue Plan Amid 16% MSTR Stock Drop
Despite a 106% surge to $473 earlier this month, MicroStrategy’s stock (MSTR) fell by 16% on Thursday but rebounded 3% in after-hours trading. Michael Saylor, the Executive Chairman of MicroStrategy, made the announcement that the company has successfully completed the $3 billion issuance of their senior convertible notes in order to purchase additional Bitcoins. When […]
Upbit Refunds 8.5 Billion Won After Crypto Hack
Upbit continues to address the fallout from the 2019 Lazarus Group attack, where 342,000 ETH (1.4 trillion won) were stolen. Upbit, the largest cryptocurrency exchange in South Korea, distributed around 8.5 billion won, which is equivalent to $6.07 million, to 380 individuals who had been victims of voice phishing. Dunamu, the operator of Upbit, utilized […]
Why Tap-to-Earn Games Are the Latest Crypto Trend You Can’t Ignore
The world of cryptocurrencies has long since changed the way we think about digital assets and even entertainment. One of the most interesting trends in this area is Web3 games based on blockchain technology. They open up new opportunities for gamers around the world, allowing them to earn cryptocurrency or NFT. In particular, this year’s […]
Cybercrime Market Collapses After Crypto Seizure
The U.S. Justice Department seized the cybercrime marketplace Popeyetools and charged its administrators for facilitating ransomware and fraud, uncovering $283,000 in crypto assets. Why Cybercrime Marketplace goes down Popeyetools, a cybercrime marketplace, has been apprehended by the U.S. Justice Department, which has also disclosed its involvement in illicit cryptocurrency transactions. Abdul Ghaffar, Abdul Sami, and […]
RMIT Blockchain Hub Faces Potential Shutdown
RMIT Blockchain Innovation Hub faces an uncertain future after reports of its closure, though no final decision has been made. Despite a ferocious crypto market rally, the future of the blockchain research institute at an Australian university is dubious. According to a professor on X, the institute has been “shut down.” “The first econ and […]