Tesla misses out on massive Bitcoin gains after selling at $20K
Tesla could have made billions if it had held onto Bitcoin (BTC) instead of selling the bulk of it when prices crashed in 2022.In early 2021, Tesla acquired 43,200 Bitcoin…
El Salvador’s Bitcoin Strategy Falls Short of Benefiting Citizens.
El Salvador’s loan deal with the IMF effectively removed Bitcoin’s legal tender status and affected crypto adoption.Officials continue accumulating Bitcoin reserves while ordinary citizens remain largely excluded from the crypto.…
The Smarter Web Buys 225 Bitcoins, Boosts Holdings to 1,825 BTC
UK-based, The Smarter Web Company has acquired 225 Bitcoins (BTC) valued at approximately $26.2 million as per current market price. The announcement was made on Friday, reflecting the company’s continued…
Bitcoin Whale Wakes Up After 14 Years, Moves $468 Million.
A Bitcoin wallet that had not been used since 2011 suddenly became active this Thursday. It first sent a small test amount of 0.0018 BTC, then moved all of its…
OSL Acquire $300M to Develop Stablecoin and Payment Systems.
Hong Kong based digital asset firm OSL Group has secured $300 million in equity funding to accelerate development of its stablecoin and payment infrastructure. The funding represents the largest publicly…
New Zealand Bans Crypto ATMs Under Stringent AML Rules.
Officials in New Zealand have restricted foreign cash transfers to $5,000 and outlawed cryptocurrency ATMs in an attempt to combat money laundering and organized crime. The steps were revealed by…
Elon Musk’s Tesla Gains $284 Million from Bitcoin Holdings in Q2.
In Q2 2025, Tesla recorded a profit of $284 million on its Bitcoin (BTC) investments, a jump from the loss of $125 million in Q1. The spectacular crypto recovery contributed…
FTX to Begin Next Creditor Payouts in September After $1.9B Cut
FTX announced on Wednesday that it expects to start distributing the next round of creditor payouts on September 30, with August 15 set as the record date for eligible claims…
Coinbase Co-founder Raises $100M for Brain-Tech Startup Nudge.
Coinbase Co-founder Fred Ehrsam raised $100 million in Series A funding for Nudge, a brain-tech startup aiming to enhance human cognition. Thrive Capital and Greenoaks Capital led the round, alongside…
FBI ends probe into Kraken founder Jesse Powell over alleged hacking of nonprofit accounts.
The US Department of Justice (DOJ) has closed its investigation into Jesse Powell, co-founder of the crypto exchange Kraken, over allegations tied to a dispute with the Verge Center for…