Analysis
Crypto
MicroStrategy chair Saylor says Bitcoin represents the “digital transformation of capital”
MicroStrategy Executive Chairman Michael Saylor believes that Bitcoin offers unprecedented opportunities for capital preservation and appreciation.
Technology
Avalanche blockchain plays key role in Citigroup’s tokenization success story
Citi believes that the vision for digital-native products will unlock new capabilities and operational benefits, paving the way for fully auditable and traceable transactions.
Mining
Ethiopia to start mining Bitcoin through new data mining partnership
Hashlabs Mining CEO Kal Kassa said the new venture will include Bitcoin mining via Canaan Avalon machines. However, the government has yet to confirm this officially.
Bankruptcy
Genesis secures court approval to sell GBTC shares worth $1.3 billion
The sale is poised to inject substantial liquidity into Genesis, which has been navigating through financial complexities.
Crypto
CNBC host Joe Kernen defends Bitcoin after Gensler claims its ‘not that decentralized’
Gensler's assertions sparked a rebuttal from CNBC host Joe Kernen, who championed Bitcoin's decentralized ledger as a foundational feature that bolsters its integrity and appeal.
Adoption
Oreo parent company Mondelēz International joins Hedera Council to drive DLT adoption
Under the partnership, Mondelēz will leverage Hedera's distributed ledger technology (DLT) to enhance digital transformation, supply chain management, and customer engagement.
Legal
ENS considering $300k settlement over eth.link litigation
The settlement offer includes confidentiality and non-disparagement clauses, according to the Feb. 13 proposal shared with ENS DAO.
Price Watch
Bitcoin retreats below $49k as CPI release dashes hope of rate cuts
The flagship crypto was trading at $48,753 as of press time — a notable deviation from its recent upward trajectory.
CBDCs
Philippines to launch CBDC within 2 years to counter rising crypto use
The Philippines central bank intends to launch a wholesale CBDC that will not employ blockchain technology.
Exchanges
Korean watchdog to ban crypto exchanges that fail to meet stringent new regulatory standards
The initiative is part of South Korea's effort to bolster financial oversight and consumer protection in the fast-evolving digital asset industry.
Trading
Bitcoin approaches new yearly highs after erasing 20% dip
The flagship digital asset was trading at $49,725 as of press time.
Politics
California’s 8.2 million crypto owners poised to influence 2024 elections – Coinbase
According to Coinbase, roughly 27% of Californian adults own crypto and represent a substantial voting bloc in the state.