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  • MicroStrategy's crypto holdings may be paying off more than its business

    With Bitcoin’s rises past $13,700, the company’s BTC holdings are currently worth more than $525M. Business intelligence firm MicroStrategy’s Bitcoin investment is paying off in a big way, with an estimated $100 million in profit.  According to data published Oct. 27 by […]

  • Bitcoin becoming less-risky as an investment, Novogratz says

    Investing big money into Bitcoin 10 years ago came with immense uncertainty. Now, buying the asset carries less risk, according to the ex-hedge fund manager. Bitcoin (BTC) has gained significant notoriety in the decade since its 2009 launch. Big mainstream players such as […]

  • VC calls Ethereum killers 'toothless' based on token allocation to insiders

    Only two of Ethereum's recent competitors had a "fair launch" according to the specified criteria. Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders: Source: Twitter.Adams was […]

  • New Siberian Bitcoin mining center set to provide 100 jobs to locals

    13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors. The governor of the Republic of Buryatia, Russia signed a decree allowing for the construction of a 13.6 acre data center in Southeastern Siberia. The facility […]

  • BoE hasn't 'made any decision' regarding a CBDC, says fintech director

    “We will continue to explore the pros and cons of CBDC,” said Tom Mutton. At the 2nd Bund Summit held on Oct. 25, Bank of England fintech director Tom Mutton stated that while a central bank digital currency, or CBDC, was “a focus” for the Bank of England, the position […]

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