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Binance announces a seven-year anniversary celebration with $7,000 in BNB rewards, digital badges, and exclusive merchandise through various community giveaways. (Read More)
Binance Square launches a new Giveaway Center, offering $10,000 in MANTRA (OM) token rewards for verified users completing tasks. (Read More)
Cronos (CRO) launches a $30,000 zkCRO giveaway for early supporters depositing CRO or LCRO tokens in the Cronos zkEVM bridge before the mainnet launch. (Read More)
Binance announces a 200 BNB giveaway to mark 200 million user registrations. (Read More)
Win a share of 8M $FLOKI in Easter Egg Hunt! Solve the secret word & join the fun. Good luck! ??
The post Join StealthEX Easter Egg Hunt & Win from 8M $FLOKI Prize! first appeared on StealthEX.
KuCoin's official Twitter account was hacked, leading to users losing their funds in a fake giveaway event. The exchange pledged to reimburse the victims and improve security measures to prevent similar incidents. This incident highlights the growing trend of hackers taking over official Twitter accounts of crypto exchanges and NFT projects to promote scams. (Read More)
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began tracking the data, and current metrics indicate that Americans are using [...]
The post Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance appeared first on Crypto Breaking News.
While crypto scam revenue dropped by 46%, scammers adapted and shifted their strategies to prey on people's emotions, with romance and giveaway scams on the rise. (Read More)
In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products.
MicroStrategy Inc (NASDAQ: MSTR) co-founder Michael Saylor is set to step down as the company’s Chief Executive Officer, taking up the role of Executive Chairman beginning 8 August 2022.
Saylor, a prominent Bitcoin (BTC) bull, said in a statement that the move will allow the company to focus on its software and business intelligence business.
But more importantly to him, stepping down from the CEO post also allows them to focus on the company’s Bitcoin strategy.
Saylor to focus on Bitcoin strategy and advocacyApart from taking on the role of an Executive Chairman, Saylor will remain Chairman of the Board of Directors and also head MicroStrategy’s Investments Committee. It is in this latter role that he will offer investment oversight for the firm’s Bitcoin strategy, Saylor noted in the Q2 earnings results call on Tuesday.
“My focus will be on our corporate strategy, our innovation efforts, our Bitcoin strategy and related Bitcoin advocacy and education initiatives, such as my work with the Bitcoin Mining Council. I will continue to act as an enthusiastic spokesperson for MicroStrategy and as our envoy to the Global Bitcoin community.”
In a press release, MicroStrategy said Saylor’s replacement as CEO will be Phong Le, the company’s President and former Chief Financial Officer (CFO) and Chief Operating Officer (COO). The firm added that Le has been with MicroStrategy since 2015 and his new role as CEO will see him take charge of corporate strategies, as well as manage the company’s business operations.
Largest corporate holder of BitcoinMicroStrategy first bought Bitcoin in August 2020, and is currently the largest corporate holder of BTC on its balance sheet with 129,699 bitcoins.
In its Q2 earnings report, the company said the “carrying value” of the total BTC holdings by 30 June 2022 was $1.988 billion, reflecting “cumulative impairment losses of $1.989 billion.” The figures relate to the total acquisition vis-à-vis the average carrying amount of roughly $15,326 per BTC.
MicroStrategy’s Bitcoin acquisition since 2020 had seen the firm spend $4 billion, with the average purchase price of 30,664 per BTC (including fees and expenses).
Even though Bitcoin’s decline over the past several months has critics and skeptics out, Saylor remains bullish and has pointed out that the flagship cryptocurrency has outperformed other assets in the time since his first bitcoin purchase.
Since @MicroStrategy adopted a #Bitcoin Strategy, its enterprise value is up +730% (+$5 billion) and $MSTR is up +123%. Performance of BTC is +94%, S&P 500 +23%, Nasdaq +13%, Gold -13%, Bonds -14%, Silver -29%. GOOG +54%, AAPL +43%, MSFT +34%, AMZN -14%, META -39%, NFLX -53%. pic.twitter.com/BWHPhbOg0d
— Michael Saylor?? (@saylor) August 3, 2022The post Saylor gives up CEO role to focus on MicroStrategy’s Bitcoin strategy appeared first on Invezz.
Hi, BuyUcoin brings a Free BGMI UC Giveaway for (Battleground Mobile India) Players & registered users. How To Participate: Step 1: To begin, go to the BuyUcoin Sign Up page athttps://trade.buyucoin.com/signup?referral=50AVAX&Source=BGMI Step 2: Enter your name, email address, password, and mobile number, then confirm your email address and mobile number with an OTP. Step 3: […]
Hi, BuyUcoin brings a Free BGMI UC Giveaway for (Battleground Mobile India) Players & registered users. How To Participate: Step 1: To begin, go to the BuyUcoin Sign Up page athttps://trade.buyucoin.com/signup?referral=buyucoin18271987&Source=BGMI Step 2: Enter your name, email address, password, and mobile number, then confirm your email address and mobile number with an OTP. *Note: Offer […]
The hackers hijacked the popular reporter’s account in an attempt to promote giveaways for the Skulltoons NFT project by duping users into clicking a malicious link.
The second attempt to block funds from reaching the truckers through a traditional fundraising platform has resulted in more donations being made in Bitcoin.
Donations to Help Fund Destination Beijing Family and Friends Celebration.
It’s beginning to look like Christmas in Cryptoville! This year, we all are residents of this magical and crypto-oriented fictional city. Imagine, lights are everywhere,...
The post Changelly Christmas Is Coming… appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.
The trader deposited $100,000 into its FTX account and secured nearly $34,000 in net profits.
BingX launches its Christmas Gala Night Last Stand 2021, an event comprising of multiple events and free giveaways from a pool prize over 550,000 USDT.
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