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MicroStrategy aims to become the world’s leading Bitcoin bank, holding 252,220 BTC. The company invests borrowed funds in Bitcoin, expecting 29% annual returns. Saylor’s goal is to grow MicroStrategy into a trillion-dollar bitcoin-driven entity. Michael Saylor, founder and executive chairman of MicroStrategy, in an interview with analysts at research and brokerage firm Bernstein outlined a The post MicroStrategy’s endgame is to be the leading Bitcoin bank: Michael Saylor appeared first on CoinJournal.

A crypto whale has lost $35M in fwDETH on Blast network due to phishing permit attack. The attacker drained 15,079 fwDETH, causing price drop from $2,000 to $100. The incident has raised security concerns in DeFi, impacting Blast network scrutiny. A crypto whale recently lost approximately $35 million worth of Few Wrapped Duo ETH (fwDETH) The post Crypto whale loses $35M on Blast Network in phishing attack appeared first on CoinJournal.

SEC Commissioner Mark Uyeda said the agency hasn’t provided guidance on securities laws His comments come as Crypto.com sues the SEC for overreaching its regulatory authority over crypto after receiving a Wells notice A US Securities and Exchange Commission (SEC) commissioner has said that the agency’s approach to crypto has been a “disaster for the The post SEC Commissioner says agency’s approach to crypto has been a “disaster for the whole industry” appeared first on CoinJournal.

Dubai, October 11, 2024:  Web3 and AI consulting giant VAP Group is pleased to announce the second edition of the Global AI Show, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. The event will be held under the official support of the United Arab Emirates Minister of State The post VAP Group set to host second edition of Global AI Show in Dubai appeared first on CoinJournal.

Ripple Labs filed its cross-appeal in the US Court of Appeals for the Second Circuit The company is attempting to contest an August 7 judgement made by Judge Analisa Torres The SEC v Ripple Labs is a case that dates back to 2020 Ripple Labs has filed a cross-appeal in its ongoing litigation battle against The post Ripple Labs files notice of cross-appeal in ongoing battle against the SEC appeared first on CoinJournal.