Tuesday, May 21, 2024
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MicroStrategy (MSTR) Shares Soar 246%, Michael Saylor Credits Bitcoin’s Rise

Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products. MicroStrategy Inc (NASDAQ: MSTR), the software firm led by Executive Chairman Michael Saylor, has seen its shares surge by an astounding 246% in 2023. Saylor attributes this success to Bitcoin (BTC), which has not only

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ANZ Bank Completes Carbon Credits Trading as Part of Australia’s CBDC Pilot

Australia's CBDC pilot, run by the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), began last year to explore use cases for a CBDC. The DFCRC is a 180 million Australian dollar (US$124.3 million) program, funded by industry partners, universities and the Australian Government. Source

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Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin News

Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining

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Putting carbon credits on blockchain won’t solve the problem alone: Davos

Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue.During a panel session in Davos, Switzerland, moderated by Cryptox’s editor-in-chief Kristina Lucrezia Cornèr on Jan.

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Singapore MAS proposes to ban cryptocurrency credits

The Monetary Authority of Singapore (MAS) is introducing proposals to better regulate the cryptocurrency industry in the aftermath of the bankruptcy of the Singaporean crypto hedge fund Three Arrows Capital (3AC).The central bank of Singapore has issued two consultation papers on proposals for regulating the operations of digital payment token

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Bitcoin Miner CleanSpark Buys 10K New Machines for $28M After Discounts, Credits

"During the tail end of the bull market last year, we strategically focused on building infrastructure instead of following the then-industry trend of preordering equipment months in advance,” which has put CleanSpark in a position to buy rigs at discounts throughout the bear market, said CleanSpark CEO Zach Bradford. Source

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