Michael Saylor to Sell $216M in MicroStrategy Stocks for Additional Bitcoin
Michael Saylor, executive chairman of MicroStrategy, has initiated a four-month process to sell $216 million worth of his company’s stocks, stating a portion of the proceeds will be used to purchase additional Bitcoin. Saylor disclosed in a filing with the United States Securities and Exchange Commission dated January 2 that he had commenced the sale […]
AI Will ‘Significantly’ Impact Legal Work – Chief Justice John Roberts
In the publication of the United States Supreme Court‘s end-of-year report, Chief Justice John Roberts predicted artificial intelligence (AI) would “significantly” affect legal work while saying AI usage by legal teams requires “caution and humility.” Roberts devoted a significant portion of his annual summary to AI in his statement, where he predicted that justices would […]
Stake Secures Naming Rights to Sauber’s F1 Team
Following its acquisition of the naming rights to Sauber’s F1 car, the cryptocurrency betting and casino platform Stake will exhibit a conspicuous presence in Formula 1 for the next two years. The organization succeeds Alfa Romeo, whose sponsorship of Sauber’s C44 expired in 2023. The Sauber will undergo a brand name change to Audi’s factory […]
Bitcoin ATMs Installation Decrease by 11% in Last 1 Year
The quantity of Bitcoin ATMs installed has decreased by approximately 11.1% since the commencement of 2023, from 37,827 on January 1, 2023, to 33,628 on January 1, 2024. According to Coin ATM Radar, the number of cryptocurrency ATMs worldwide has decreased from 37,827 on January 1, 2023, to 33,628 as of January 1, 2024. In […]
December Crypto Losses Near $100M Following Orbit Bridge Hack
Blockchain security firms report that the recent exploit on the cross-chain platform Orbit Bridge has resulted in a nearly $100 million increase in the value of cryptocurrencies lost to hacks in December. December was the fifth most compromised month of 2023, according to a report by blockchain security firm PeckShield on January 1. The news […]