Tag: Bitcoin

Trezor Security Breach Exposes 67,000 More US Users

Hardware wallet maker Trezor revealed that a data breach involving third-party vendor ShipMonk is significantly larger than first estimated, exposing personal details for an additional 67,000 U.S. customers.

IMF Clarifies El Salvador Did Not Use Public Funds for Bitcoin

According to the IMF, El Salvador has not used public funds for its bitcoin reserves since its last loan review, acquiring the cryptocurrency entirely through private donations instead.

Bitcoin Falls Under $80,000 Following Robust US Jobs Data

Bitcoin fell below $80,000 following an unexpectedly strong U.S. jobs report, which heightened concerns about potential Federal Reserve interest rate hikes and impacted the cryptocurrency market.

Fidelity Warns Bitcoin Bear Market May Persist

Fidelity warns that despite recent upward momentum and a nearly 30% gain, the bitcoin bear market may still persist, with a potential market bottom materializing in November or later according to a fresh analysis.

Bitcoin Surges Past $81,000, Lifting Related Stocks

Bitcoin surged past $81,000 on Thursday, driving significant gains for crypto-related equities including Strategy, Coinbase, and various mining firms amid favorable regulatory and macroeconomic developments.

Standard Chartered Launches Bitcoin Trading Services in the UAE

Standard Chartered has launched spot bitcoin trading for institutional customers in the United Arab Emirates, marking a first-of-its-kind service within the nation as the bank expands its digital asset offerings globally.
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MicroStrategy Founder Michael Saylor Calls Clarity Act Failure a Win

MicroStrategy founder Michael Saylor claims the failure of the Clarity Act is a positive outcome for the cryptocurrency sector, arguing that independent regulatory rulemaking allows for rapid innovation in a free market.

Gen Z Embraces Bitcoin Over Housing to Build Wealth

Gen Z is increasingly favoring Bitcoin over traditional housing for wealth building, as high affordability barriers lead young buyers to utilize crypto as collateral for down payments instead of long-term mortgages.

T. Rowe Price’s Macellari Says Bitcoin Central to Debasement Debate

T. Rowe Price digital assets head Blue Macellari discusses the bond vigilantes, U.S. debt comparisons, and why bitcoin has become central to the currency debasement debate among institutional investors.

Coinbase Policy Chief Weighs In On Strategic Bitcoin Reserve Bill

Coinbase Chief Policy Officer Faryar Shirzad analyzes the outlook for the Strategic Bitcoin Reserve bill following the Clarity Act vote failure, highlighting upcoming regulatory shifts and a three-track policy approach.

MicroStrategy CEO Phong Le Aims to Make Firm the JPMorgan of Bitcoin

MicroStrategy CEO Phong Le envisions transforming the firm into the JPMorgan of Bitcoin by building markets, supplying liquidity, and expanding a fifteen billion dollar digital credit ecosystem.