In A Nutshell Block, the fintech giant led by Jack Dorsey, has taken a bold step in its investment strategy by allocating 10% of its Bitcoin product profits towards purchasing Bitcoin (BTC) every month. This move, initiated in the first quarter of 2024, highlights the company’s strong belief in Bitcoin as not just a speculative…
In A Nutshell Ethereum’s ecosystem is on the brink of a significant upgrade aimed at enhancing user interaction with cryptocurrency wallets. The proposed Ethereum Improvement Proposal, known as EIP-3074, seeks to streamline the process by which users authorize transactions, potentially revolutionizing the way we interact with digital assets. This development could have profound implications for…
In A Nutshell The Gnus.AI blockchain network recently fell victim to a significant security breach, leading to the loss of approximately $1.27 million through a token-minting exploit. An attacker gained unauthorized access to a key team account and minted 100 million fake tokens. These were then sold, causing a drastic price drop and resulting in…
In A Nutshell The stock price of MicroStrategy, a major holder of Bitcoin (BTC), is predicted to see significant gains by the end of the year, driven by two key Bitcoin catalysts, according to TD Cowen analyst Lance Vitanza. Despite a reported net operating loss in the first quarter of 2024, the company’s strategic focus…
In A Nutshell MoonPay, a leading cryptocurrency buying app, has announced a groundbreaking partnership with global fintech powerhouse PayPal. This collaboration empowers MoonPay users in the United States to effortlessly purchase cryptocurrencies using PayPal. The integration supports transactions through wallet transfers, bank transfers, and debit card payments. This strategic alliance not only enhances user experience…
In A Nutshell Fintech giant Block, previously known as Square and led by Jack Dorsey, has announced its intention to issue $1.5 billion in senior notes to qualified institutional investors through a private placement. This strategic move aims to bolster the company’s financial position, allowing for potential strategic transactions, repayment of existing debts, and further…
In A Nutshell The cryptocurrency Cardano (ADA) has seen a price increase of over 3.70%, reaching $0.476 on May 6. This uptick is part of a broader market rally that also includes Bitcoin and Ether, the two leading cryptocurrencies by market cap. The positive market sentiment is partially attributed to a more dovish monetary policy…
In A Nutshell Navigating cryptocurrency transaction histories can be complex. This guide simplifies the process by outlining effective strategies and tools for tracking and analyzing transaction data across different blockchains. Understanding how to view these histories is crucial for investors and traders to manage costs, strategize investments, and ensure the security of their digital assets….
In A Nutshell Crypto venture capital (VC) funding has maintained a robust momentum, reaching the $1 billion mark for the second consecutive month in 2024. This consistency marks a notable resurgence in investment enthusiasm within the crypto sector since the latter part of 2022. April witnessed a total of $1.02 billion in funding allocated across…
In A Nutshell Jack Dorsey, the co-founder of Twitter and a significant figure in the technological world, has stepped down from the board of Bluesky, a decentralized social media platform he helped conceive and fund in 2019. This departure marks a pivotal moment in the journey of Bluesky, which only opened to the public in…