The Business & Technology Network
Helping Business Interpret and Use Technology
«  

May

  »
S M T W T F S
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
28
 
29
 
30
 
31
 
 

Feed Items

Quick Take MicroStrategy, which holds a significant 214,400 Bitcoin on its balance sheet, has experienced a remarkable 146% rise in share price this year, pushing its market cap to approximately $30 billion. This impressive performance has earned the company inclusion in major stock indexes. On May 15, Reuters reported that MicroStrategy (MSTR) would be added to the MSCI World Index, with changes...
The following is a guest post from Venket Naga, CEO at Serenity Shield. Would you give a stranger the keys to your house, permitting them to do whatever they wanted with the goods inside? If you did, and that stranger went and crafted some fake replicas of your personalized jewelry to sell at auction, lent some of your clothes to a friend, and traded your television into a pawnbroker for a loan...
The following is a guest post from Ashton Wolfe, the managing partner at MohrWolfe. In the whirlwind world of crypto, Solana often becomes the center of debate. Renowned for its unparalleled speed and affordability, as well as an ever-expanding ecosystem, it’s a favorite among retail enthusiasts and degenerates. Yet, it’s not without its controversies—network outages, concerns over centralization...
Farallon Capital Management, Cetera Investment Advisers, and BigSur Wealth Management have reported multi-million dollar investments in spot Bitcoin ETFs in the first quarter. Farallon Capital, a San Francisco-based hedge fund manager, disclosed an $85.2 million investment in Grayscale’s GBTC on May 24. Based on Fintel data, the company is among the 10 firms with the largest GBTC positions....
Coinbase believes the SEC is trying to “side-step” the Howey test by avoiding the question of whether a digital asset transaction carrying no post-sale obligations can be an investment contract. The exchange made the claim in a motion for an interlocutory appeal filed with the US District Court for the Southern District of New York on May 24. The appeal aims to challenge a recent court order...
Bloomberg ETF analyst James Seyffart believes that spot Ethereum ETFs could see 20% to 25% of the demand experienced by spot Bitcoin ETFs. Seyffart expressed his stance in an interview hosted by Bitwise, adding that his fellow Bloomberg ETF analyst, Eric Balchunas, believes the new funds will see 15% to 20% of the demand. Seyffart compared both estimates to the fact that ETH has approximately 30...
Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement with Kenya’s Prime Cabinet Secretary, Hon. Musalia Mudavadi, E.G.H, on May 24. Thiel said the deal will involve Kenya and Marathon “jointly developing technology projects.” Thiel described a partial focus on digital assets, stating that the country has a “...
Ethereum Foundation (EF) is considering implementing a formal conflict of interest policy following backlash over two prominent developers joining EigenLayer as advisors. Executive director Aya Miyaguchi addressed the issue in a social media post, emphasizing the importance of maintaining credible neutrality within the organization. She said the foundation shares the community’s concerns and is...
Two prominent global exchanges’ subsidiaries — Gate.io and OKX — have withdrawn their applications for an operational license in Hong Kong in the last two days. This decision reflects a broader trend, as eight firms—including exchanges backed by Binance and HTX—have also abandoned their licensing efforts in the city-state, according to a notice on the Securities and Futures Commission (SFC)...
The Polkadot community has approved the Optimistic Project Funding proposal to support projects that enhance the blockchain network’s ecosystem. The proposal received unanimous approval, backed by over 55 million DOT tokens. Optimistic Project Funding Polkadot aims to attract top developers by providing continuous and dynamic funding for their projects. This proposal allows projects to apply for...