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Author: James Wilson
MicroStrategy, now known as ‘Strategy,’ reported a staggering $670M impairment loss in Q4, mainly from Bitcoin. Yet, despite the hit, it continues accumulating BTC, believing in its long-term value. MicroStrategy has officially rebranded as Strategy. Announced on Feb. 5, the rebranding comes with a new logo featuring a stylized “B,” reflecting its identity as the world’s largest corporate holder of Bitcoin. The move coincides with the company’s fourth consecutive quarterly loss and an even greater focus on Bitcoin (BTC) accumulation. The latest earnings report, also released on Feb. 5, revealed a net loss of $670.8 million for the fourth quarter…
Ethena price has crashed by 57% from its highest level in December as sentiment in the crypto industry weakened. Ethena’s (ENA) decline has mirrored that of most altcoins. For example, Ethereum has dropped by over 32% from its December peak, while Cardano has fallen by 45%. Despite the ongoing token crash, Ethena’s network continues to perform well. The total value locked in the network, or the USDe stablecoin market cap, has surged to over $6.12 billion, nearing its all-time high of $6.2 billion. USDe has now become the fourth-largest stablecoin in the industry, trailing only Tether, USD Coin, and USDS.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors seize the opportunity to buy Catzilla and other altcoins at discounted prices, anticipating major gains as the market rebounds. In the dynamic world of cryptocurrency, a new wave of opportunities is emerging. Savvy investors are eyeing specific altcoins that could potentially transform modest investments into substantial wealth. With prices currently dipping, these digital currencies present an opportunity for those looking to make significant gains in the crypto market. Catzilla: The meme coin revolution Catzilla isn’t just another meme…
Coinbase director Conor Grogan speculated that Kraken and its founder, Jesse Powell, may have access to Satoshi Nakamoto’s real identity due to a 2016 acquisition. This week, blockchain data provider Arkham indexed approximately 22,000 wallets believed to be controlled by the pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. While Grogan questioned the use of the Patoshi Pattern, a specific mining routine some believe Satoshi used, the Coinbase director acknowledged the merits of Arkham’s research, stating that the report provided new evidence about Bitcoin’s early activity. I went through Satoshi Nakamoto’s wallets; thread of new findings that I don’t think have been…
The word peer loosely means equals. In cryptocurrency circles, peer-to-peer (P2P) interaction means transaction activity between members of a cryptocurrency network relating as equals. It is a departure from centralized banking, where an all-powerful bank regulates all transactions. In this article, we’ll learn what is peer-to-peer (P2P), how it works, its role in defi, and the advantages and challenges of peer-to-peer technology. Understanding peer-to-peer (P2P) networks A peer-to-peer (P2P) crypto trading platform is one where users can purchase crypto assets with fiat and also sell crypto assets for fiat without interference from third parties. In a typical P2P network, members…
MicroStrategy has rebranded as it looks to strengthen its position as the world’s largest Bitcoin treasury company. The business and artificial intelligence firm announced its name change to Strategy, emphasizing a sharper focus on its core mission. Strategy, currently the largest corporate holder of Bitcoin (BTC), has also launched a new website. Additional changes include adopting orange as the brand’s primary color and unveiling a new logo featuring a stylized “B” to reflect its Bitcoin strategy. Michael Saylor, founder and executive chairman of Strategy, commented: “Strategy is one of the most powerful and positive words in the human language. It…
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission for failing to disclose a long-awaited report on ethical conflicts and selective enforcement within the agency. The SEC Office of Inspector General completed the report more than a year ago, but the agency has yet to release it despite repeated Freedom of Information Act requests, according to the lawsuit. The lawsuit seeks to compel the SEC to disclose findings related to former SEC Division of Corporate Finance Director William Hinman. The investigation focuses on potential conflicts of interest involving Hinman’s ties to his previous law firm, Simpson…
Aptos Labs has announced a major breakthrough, revealing that its new blockchain execution engine, Shardines, has unlocked 1 million transactions per second for Aptos. On Feb. 5, the Aptos Labs team stated that the sharded execution engine has enabled the Layer 1 blockchain Aptos (APT) to achieve horizontal scalability. This milestone allows Aptos to process up to 1 million TPS for non-conflicting transactions and more than 500,000 TPS for conflicting transactions. “With Shardines, we can achieve near-linear throughput scaling, surpassing 1 million TPS on our 30-machine cluster,” Aptos Labs wrote in a blog post. The capacity for infinite horizontal scalability…
Blockchain analytics firm Arkham Intelligence has announced a partnership with Sonic Labs. With this collaboration, Sonic users will gain access to Arkham’s suite of intelligence features, including entity and address tracking, real-time alerts, dashboards, and visualization tools. This integration aims to enhance transparency and security for users interacting with Sonic’s decentralized finance protocols. Sonic, an Ethereum Virtual Machine layer-1 blockchain, has seen significant growth since launching on December 18, 2024. The network’s Total Value Locked has surged by over $200 million in the past month, reaching $250 million across its DeFi ecosystem. ANNOUNCING ARKHAM X SONICWe’re partnering with @SonicLabs to…
Altcoins just suffered their worst sell-off in years, with over $460 billion erased in days. Will liquidity rotate back, or is the dream of another altseason fading for good? Altcoins under pressure On Feb. 3, global financial markets suffered a sharp flash crash after Donald Trump imposed tariffs on China, Canada, and Mexico, triggering a sell-off across global markets. Stocks, commodities, and cryptocurrencies reacted immediately, with altcoins taking the biggest hit. At the end of January, the total altcoin market cap stood at $1.46 trillion, but by Feb. 3, it had plunged to $1 trillion,marking a 31.5% decline and wiping…