An analyst, with a username of @lowstrife, issued a series of warnings on social media platform X regarding the financial health of MicroStrategy, drawing parallels between the company’s capital strategy and the now-defunct structure of the Grayscale Bitcoin Trust. MicroStrategy, now rebranded as Strategy, is a publicly traded company listed on the NASDAQ stock exchange…
Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the issuer of USD Coin (USDC), froze two Solana (SOL) wallets tied to the LIBRA deployer…
Other Good Ebook Readers Below, you’ll find a few more e-readers we like but don’t necessarily love as much as our top picks. Kindle Scribe Photograph: Brenda Stolyar Kindle Scribe 2024 for $400: The Scribe (8/10, WIRED Review) is a great option if you want an e-reader that doubles as a digital notebook, but also…
As physical threats escalate alongside bitcoin’s bull run, Binance is sounding the alarm with a high-impact, five-pronged defense plan to protect crypto holders worldwide. Binance Reveals 5-Step Action Plan as Crypto-Related Attacks Spike Crypto exchange Binance issued a safety advisory on May 27, warning the crypto community about a growing threat that extends beyond the…
Key Takeaways The SEC has extended the review period for the Bitwise ETF proposal to July 31, 2025. The proposal seeks to list and trade shares of the Bitwise 10 Crypto Index Fund on NYSE Arca. Share this article The US SEC announced today it will take an additional 60 days to determine whether to…
Home services in India — whether it is cleaning, dishwashing, or laundry — have traditionally been offline and informally run. This has often resulted in delays and uncertainties for consumers, as well as inconsistent pay and job insecurity for workers. Recently, however, startups have begun viewing this area as ripe for transformation, leveraging technology to…
The European Chamber of Commerce of the Philippines (ECCP) has urged Filipino regulators to clamp down on unlicensed cryptocurrency platforms, which it claims to have become integral to a growing ecosystem of organized crime in the country. Key Details: ECCP ICT Committee co-chair Reyner Villaseñor described a “digital crime epidemic” driven by unregulated crypto exchanges….
In a move that surprised some and thrilled others, the U.S. Department of Labor has officially scrapped its earlier warning about crypto in retirement plans. The original message? Be extremely careful if you’re thinking about adding Bitcoin or other cryptocurrencies to 401(k) accounts. Now, that warning is off the table. The Labor Department’s reversal means…
Connections is the one of the most popular New York Times word games that’s captured the public’s attention. The game is all about finding the “common threads between words.” And just like Wordle, Connections resets after midnight and each new set of words gets trickier and trickier—so we’ve served up some hints and tips to…
President Donald Trump appealed a federal court ruling that blocked his sweeping “Liberation Day” tariffs, setting up a high-stakes legal battle over presidential emergency powers. Separation of Powers Clash in Tariff Appeal The U.S. Court of International Trade ruled on May 28 that Trump exceeded his authority by using the International Emergency Economic Powers Act…
