In the third quarter of 2024, the company sold a significant portion of its digital assets, mainly Bitcoin and Ethereum.
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Bitcoin Soars Above $73,000 - Page 9
On the night of October 30, Bitcoin crossed a new threshold of $73,500. Despite the subsequent small correction, the cryptocurrency maintains steady growth, having added about 1.8% over the past 24 hours.
Altseasons are losing their power - Page 9
Willy Woo, a well-known crypto analyst, has expressed a pessimistic forecast for future altseasons. According to him, the intensity of these periods will gradually decrease, and we will not see a repeat of the “great alt bubble of 2017”.
MicroStrategy Outperforms Nvidia in Stock Growth - Page 9
Over the past ten months, MSTR shares have increased by 251%, reaching a new all-time high of $242.4.
SCR Disappoints Investors, Plunges 19% After Airdrop - Page 9
The launch of the Scroll token (SCR) did not meet investors’ expectations. Just a day after the airdrop, the value of SCR fell by almost 20%. The main reason for such a sharp drop was the community’s dissatisfaction with the distribution of tokens.
Australian Crypto Platform CEO Accused of $2.2M Theft - Page 9
Grant Colthup, the former CEO of Australian company ACCE Australia Pty Ltd, is at the centre of a major financial scandal. He is accused of embezzling more than US$2.2 million from customers of ACCE’s digital asset exchange platform Mine Digital.
Artificial Intelligence Helped the US Treasury Recover Over $4 Billion - Page 9
The US Treasury Department has successfully used artificial intelligence to combat financial crime. Over the past fiscal year, from October 2023 to September 2024, the department managed to return more than $4 billion to the state treasury or prevent theft. This is an impressive result, which is several times higher than the figures for the previous period.
Hackers stole over $50 million from Radiant Capital - Page 9
Radiant Capital’s lending protocol has been targeted by hackers. The attackers attacked the BNB Chain and Arbitrum networks, stealing cryptocurrencies worth more than $50 million. The project team urgently urged users to revoke permissions for the affected contracts to prevent further losses.
Tether Considers Commodity Market Lending - Page 9
Tether is actively exploring the possibility of providing credit lines to commodity traders.
MicroStrategy on the Road to Bitcoin Empire - Page 9
Michael Saylor, the CEO of MicroStrategy, has announced ambitious plans to turn his company into a leading player in the Bitcoin market.