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MicroStrategy Adds 2,500 Bitcoin to Its Holdings

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MicroStrategy Adds 2,500 Bitcoin to Its Holdings

On the evening of December 28, investment firm MicroStrategy announced that it has resumed its Bitcoin purchasing activities after a prolonged hiatus. From November 1 to December 24, 2022, MicroStrategy acquired an additional 2,500 BTC at a total cost of $44.6 million. In contrast, the company reported to

By Web3 Station 27 Dec 2022
Paxos Reclaims $20 Million in PAXG from FTX Hack

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Paxos Reclaims $20 Million in PAXG from FTX Hack

Paxos has successfully reclaimed 11,184 Paxos Gold (PAXG) tokens, valued at $20 million, thanks to their swift action in freezing assets during the FTX hack in November. As Coin68 reported, on the morning of November 12, the FTX exchange experienced a massive withdrawal event, with up to $400 million

By Web3 Station 26 Dec 2022

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El Salvador Boosts Bitcoin Education, Aiming to Reach 250,000 Students in 2023

Even amidst the harsh "crypto winter," El Salvador remains focused on promoting Bitcoin adoption through educational initiatives. El Salvador is ramping up its Bitcoin education efforts for the youth. A viral video on Twitter shows that the country has launched short-term courses, specifically 10-week programs, to provide foundational

By Web3 Station 26 Dec 2022
US Miners Struggle Amid Snowstorm, Bitcoin Hashrate Plunges Over 30%

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US Miners Struggle Amid Snowstorm, Bitcoin Hashrate Plunges Over 30%

The winter snowstorm sweeping across the US during Christmas 2022 has had a severe impact on Bitcoin mining operations, forcing many to shut down. According to CNN, thousands of homes and businesses across the US experienced power outages over the weekend due to an Arctic blast and an extended winter

By Web3 Station 25 Dec 2022
Chinese Electric Vehicle Maker Nio Faces Ransom Threat, CEO Blames Bitcoin

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Chinese Electric Vehicle Maker Nio Faces Ransom Threat, CEO Blames Bitcoin

On December 20, electric vehicle manufacturer Nio announced that the company had received a ransom threat, with hackers demanding $2.25 million in Bitcoin in Bitcoin in exchange for not leaking Nio’s internal data. Specifically, Nio received an extortion email demanding $2.25 million in Bitcoin, threatening to release

By Web3 Station 25 Dec 2022
68 Trading Plan (12/26/2022 – 01/01/2023) – Time to Rest

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68 Trading Plan (12/26/2022 – 01/01/2023) – Time to Rest

As we approach the end of the year, it’s a time for all of us to take a break. Consequently, the market has seen little significant movement over the past week. BTC’s price range has been limited to about $100 – $200 per day, making trading challenging during this

By Web3 Station 24 Dec 2022
Avalanche Upgrades to ‘Banff 5’, Launches Cross-Subnet Communication System

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Avalanche Upgrades to ‘Banff 5’, Launches Cross-Subnet Communication System

Avalanche has upgraded its software to “Banff 5” to support Avalanche Warp Messaging, enabling seamless communication and data sharing between subnets. Avalanche Upgrades to ‘Banff 5’, Launches Cross-Subnet Communication System In a recent announcement, Avalanche's development team revealed the upgrade of AvalancheGo, their blockchain implementation software written in

By Web3 Station 22 Dec 2022
Who Is Behind the Ankr Hack?

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Who Is Behind the Ankr Hack?

Blockchain infrastructure provider Ankr is collaborating with law enforcement to pursue the attacker responsible for the hack earlier this month. A former employee of the DeFi protocol Ankr maliciously orchestrated the attack on December 2, resulting in approximately $5 million in damages, according to a statement released on Ankr’s

By Web3 Station 21 Dec 2022
Polygon's zkEVM Enters Second Public Testnet Phase

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Polygon's zkEVM Enters Second Public Testnet Phase

Polygon's zkEVM has entered its second public testnet phase, marking a crucial step before its official mainnet launch. Polygon's zkEVM Moves to Second Public Testnet Polygon’s layer-2 solution for Ethereum has transitioned to its second public testnet, following the impressive launch of its first public

By Web3 Station 21 Dec 2022
Twitter Displays BTC and ETH Price Charts in Search Results

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Twitter Displays BTC and ETH Price Charts in Search Results

Social media platform Twitter now shows BTC and ETH price charts whenever users search for "Bitcoin" or "Ethereum." Twitter Displays BTC and ETH Price Charts in Search Results Keywords like "$Bitcoin," "BTC price," and "Bitcoin price" will also trigger price

By Web3 Station 21 Dec 2022
Dogecoin (DOGE) Drops 10% After Twitter Users Vote for Elon Musk to Step Down

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Dogecoin (DOGE) Drops 10% After Twitter Users Vote for Elon Musk to Step Down

Despite a recent drop in value over the past 24 hours due to Elon Musk, Dogecoin's (DOGE) market cap remains higher than that of Coinbase. Update - December 21, 2022: On the morning of December 21, Elon Musk officially addressed the results of the "trust" vote

By Web3 Station 19 Dec 2022
Over 100 Bitcoin Mysteriously Moved from QuadrigaCX Cold Wallet After Three Years of Dormancy

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Over 100 Bitcoin Mysteriously Moved from QuadrigaCX Cold Wallet After Three Years of Dormancy

Over 100 Bitcoin (BTC) associated with the now-defunct Canadian exchange QuadrigaCX was unexpectedly moved from the exchange's cold wallet over the past weekend. Update as of December 21: In an interview with CoinDesk, EY – the auditing firm responsible for QuadrigaCX's assets – confirmed awareness of the “unauthorized”

By Web3 Station 19 Dec 2022
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