Tag: Crypto

CZ and Yi He respond to ‘Binance being sold’ rumors

Former Binance CEO Changpeng ‘CZ’ Zhao and co-founder Yi He denies circulating rumors that Binance will be sold to another company, stating that they were made up by competitors. In a recent post, Yi addressed rumors in the crypto community…...
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Microsoft’s Opposition To Bitcoin Investments Aligns With The Stance Of The Company’s Largest Shareholder, Vanguard: Here’s More

Microsoft Corp. (NASDAQ:MSFT) said no to Bitcoin (CRYPTO: BTC) investments last year, ending weeks of speculation that the tech behemoth would join other corporations in adding the world’s largest cryptocurrency to its reserves. Interestingly, the company’s refusal was consistent with that of its largest shareholder, Vanguard Group, which has...
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Solana, XRP Lead Crypto Drop With U.S. Closed for Presidents’ Day

Crypto markets fell Monday as traders locked in profits and looked for new catalysts to determine positioning while the U.S. observed President’s Day. Solana (SOL) and XRP slipped 4% to lead losses among major cryptocurrencies, with bitcoin (BTC) dropping 1.1% and BNB Chain’s bnb down 0.5% in the past...
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Strategy’s Preferred Shares Outpace Peers By 19%, Offer 7x Higher Liquidity Over First Two Weeks: Analysis Highlights ‘Very High Yields’

The two-week-old preferred shares issued by Michael Saylor-led Strategy Inc. (NASDAQ:MSTR) have been seven times more liquid, outperforming its peers by 19%. However, according to an analysis, “yield is very high”. What Happened: Saylor is the founder and chairman of the Bitcoin (CRYPTO: BTC) treasury company, erstwhile known as...
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India’s Directorate of Enforcement Seizes $190M in BitConnect Fraud Case

India’s anti-money laundering unit said it seized about 16.5 billion rupees ($190 million) worth of crypto, some cash and a Lexus car during investigations into the collapse of the BitConnect cryptocurrency fraud. BitConnect, founded in 2016 by Satish Kumbhani, raised billions of dollars from investors for a protocol that...
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