Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases
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Microstrategy announced a $42 billion plan to accelerate bitcoin purchases, aiming to strengthen its reserves and position itself as a leader in digital asset investment. Aiming High: Microstrategy’s $42 Billion Vision for Unmatched Bitcoin Reserves Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced its Q3 2024 results on Wednesday, detailing a $42 billion capital-raising initiative […]

DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle
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A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that a federal jury in Tampa, Florida, found Berman Jerry Nowlin, […]

Nexo Launches Digital Asset Wealth Platform in Strategic Rebrand
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Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement shared with Bitcoin.com News, the development aligns with the evolving crypto landscape as Nexo seeks to cater to experienced investors interested […]

Build on Bitcoin Protocol Joins Superchain as First Hybrid L2
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BOB, short for “Build on Bitcoin,” is now part of the Superchain ecosystem, a network expanding with Optimism’s OP Stack. As a hybrid layer-two (L2) solution, BOB taps into the strengths of both Bitcoin and Ethereum, merging Bitcoin’s security with Ethereum’s adaptable framework. This blend overcomes Bitcoin’s limitations in smart contracts and interoperability, creating a […]

‘Trump Victory’ Stock Rallies in China Before US Elections
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Wisesoft, a software company that builds air control programs, has doubled its share prices in the last month due to the association of its Chinese name with the victory of candidate Donald Trump in the upcoming U.S. presidential elections. Donald Trump Victory Stock Rises in Anticipation of Election Outcome Wisesoft, a company that builds software […]