MicroStrategy Announces 10-for-1 Split for its Common Stock
The board of directors of MicroStrategy has declared a 10-for-1 stock split of the company’s Class A and B common stock to enhance accessibility for investors and employees. MicroStrategy announced on July 11 that the stock division is intended to enhance the accessibility of its investors and employees. Class A and B stockholders will receive […]
ZachXBT Warns Users of Compound Finance’s Potential Breach
ZachXBT, a crypto investigator, has advised users to refrain from accessing the Compound Finance website, as it appears compromised and may redirect visitors to a phishing site. The security investigator issued a post on Telegram on July 11, informing the community to refrain from visiting the website for the time being. This website redirects to […]
X Payments Wins Money Transmitter License In Washington DC
X, formerly known as Twitter, has obtained a money transmitter license in Washington DC, legally permitting it to operate as a payment service provider as it strives to become an “everything app.” This latest development increases the jurisdictions in which X is legally permitted to operate payment services to 31 states and the District of […]
T-Rex Launches Two Double-Leveraged Bitcoin ETF
T-REX offers investors leveraged exposure to Bitcoin’s performance with the new T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (BTCZ). Eric Balchunas, a senior Bloomberg ETF analyst, expressed his enthusiasm for the inauguration and foresaw that these new ETFs would challenge the dominance of ProShares and […]
Pudgy Penguins Partnership Enables Access to its Virtual World
Pudgy Penguins collaborated with Unstoppable Domains, a Web3 domain provider, to enable users to access Pudgy World using their .pudgy domain names. The two companies announced on July 10 that .pudgy domain holders can access the virtual world solely by using their domain names. The team thinks this enhances the Pudgy World Experience by introducing […]