MicroStrategy, a leading corporate Bitcoin (BTC) holder, reported a net loss of $53.1 million in Q1 2024, even as it continued to accumulate more Bitcoin. The loss was largely due to a $191.6 million digital asset impairment loss, a tenfold increase from the previous year. Despite a 5.5% drop in
Crypto Banking Firm BCB Group has been approved by France’s monetary controllers, the ACPR and the AMF, to go about as an Electronic Cash Foundation (EMI) and Computerized Resources Administrations Supplier (DASP). BCB Gathering, an installments processor that joins crypto firms to the financial framework, plans to extend in Europe
Ethena platform is set to utilize a cash-and-carry trade strategy to short Bitcoin futures, thereby generating yield on its USDe tokens through funding rates. Since its inception in January, Ethena has been generating yields by shorting Ether (ETH) futures and collecting funding rates. Ethena’s USDe is designed to maintain a
Binance, the leading cryptocurrency exchange, is facing intensified scrutiny from Nigerian authorities over allegations of tax evasion. The charges, announced by the Federal Inland Revenue Service (FIRS), include non-payment of Value-Added Tax (VAT), Company Income Tax, failure to file tax returns, and aiding customers in tax evasion through its platform.
The share of crypto derivatives in total market activity slipped to 67.8% in March, according to CCData. In March, crypto derivatives trading volumes surged by 86.5% to a record high of $6.18 trillion. The share of crypto derivatives in total market activity slipped to 67.8% in March, the sixth consecutive
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Atqui eorum nihil est eius generis, ut sit in fine atque extrerno bonorum. Non autem hoc: igitur ne illud quidem. Atque haec coniunctio confusioque virtutum tamen a philosophis ratione quadam distinguitur. Utilitatis causa amicitia est quaesita. Sed emolumenta communia esse dicuntur, recte
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Atqui eorum nihil est eius generis, ut sit in fine atque extrerno bonorum. Non autem hoc: igitur ne illud quidem. Atque haec coniunctio confusioque virtutum tamen a philosophis ratione quadam distinguitur. Utilitatis causa amicitia est quaesita. Sed emolumenta communia esse dicuntur, recte
