MicroStrategy’s stash now worth $7B after last quarter’s 9000 BTC addition
In Q3, MicroStrategy added about 9,000 Bitcoin to its portfolio, bringing its total BTC holdings to around $7 billion. In its Q3 report on Oct. 28, the company highlighted the purchase of 8,957 BTC , with perma-bull CEO Michael Saylor predicting that there will be more BTC accumulation to come: “Today, MicroStrategy is the world’s […]
Ethereum Altair Upgrade Silently Goes Live
The Ethereum blockchain received its third upgrade in seven months on Wednesday. And, unlike the last two upgrades, this one has gone off without a hitch. Before Ethereum fully moves to a proof-of-stake network, the Altair update was the first (and maybe last) upgrade to the Beacon Chain. The Beacon Chain, which pioneered ETH staking […]
Portugal real estate developer receives payment for luxury homes in Cardano worth $4.7M
Prometheus International, a high-end real estate developer, sold Cardano two luxurious residences on the island of Madeira for €4.1 million ($4.7 million). Madeira is a Portuguese autonomous area made up of four islands located about 430 miles off the northwest coast of Africa. It is a tourism destination for those who enjoy beaches and nature […]
Sri Lanka’s Central Bank Completes Proof-of-Concept KYC Platform
The details of a now-completed Know-Your-Customer (KYC), proof-of-concept initiative were described in a report submitted to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday. Three partners worked on the project with Sri Lanka’s central bank , also known as the CBSL, to develop the Blockchain-based KYC platform concept. The CBSL and ten regional […]
Report shows SEC will not allow leveraged Bitcoin ETFs
As stated in the Wall Street Journal, the SEC has instructed at least one asset manager not to proceed with preparations for a leveraged Bitcoin ETF. According to a report, the US Securities and Exchange Commission (SEC) would not allow leveraged Bitcoin Exchange-Traded Funds (ETFs). An exchange-traded fund is a type of financial product that monitors […]