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Summary: Bitcoin’s drop to a local low of $22,600 has rekindled discussions surrounding MicroStrategy’s possible margin call on its $205 million loan if Bitcoin drops below $21k. However, MicroStrategy’s CFO had in early May clarified that the company was ready to post more Bitcoin collateral for the loan. Michael Saylor had also pointed
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Most residents near the Blockfusion site told CryptoX they had heard the explosion but weren't too alarmed at the time, and said the resulting fire was put out quickly. Teresa Chapelle, who lives about one-third of a mile away, said she not only heard, but also felt, the explosion inside
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After a smart contract exploit, locked CVX tokens flooded the market, dragging down prices. Source
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The CEO of popular American cryptocurrency exchange Coinbase has announced that they will not block Russian crypto accounts unless the US government issues an order to
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This year, for the first time, Super Bowl viewers were shown ads from a number of crypto companies. Along with Coinbase, crypto exchanges FTX and Crypto.com and eToro all appeared during commercial breaks. FTX's ad featured comedian Larry David while Crypto.com's starred National Basketball Association legend LeBron James. Source
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Tim Stokely, the founder and CEO of OnlyFans has explained how banks had forced it to drop adult content from the subscription-based content platform. OnlyFans is a popular platform connecting online sex workers to subscribers, but the firm recently changed its policy to prohibit “sexually explicit conduct,” starting Oct. 1
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Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to Benoit Coeure, head of the Innovation Hub at the Bank for International Settlements (BIS).In an interview with French newspaper L’Express published on the BIS website Friday, Coeure acknowledged central banks had
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U.S. Securities and Exchange Commissioner (SEC) Hester Peirce, well known for her pro-cryptocurrencies views, said increased interest in the space will necessarily force the regulatory body to shift toward a more accommodating stance, according to a recent interview with Cryptox. Source
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Sony has announced a change to the button layout for the PS5.In Japan, the long-standing O button for confirming layout will be swapped to the western-centric X button for confirming.Not only has this change annoyed Japanese gamers, but it was also completely unnecessary.Sony is making a big change to the
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Cryptocurrency exchange Poloniex, which was recently acquired by an investment group including Tron founder Justin Sun, has been forced to roll back trading activity after it introduced an error in its system.The firm said in a tweet on Tuesday it had rolled out a change that accidentally included a bug
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