Posts published on December 3, 2023 go to media archive 1/2

Latam Insights: Colombian President Meets Blockchain Experts, Brazil Passes 15% Tax for Foreign Crypto Investments

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing…

Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit

Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion…

Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector

Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring…

The FTX Scam: Inside The Sam Bankman-Fried Story

In the annals of crypto’s tumultuous history, few stories have gripped the market as intensely as the FTX crypto scam, orchestrated by Sam Bankman-Fried. This massive ponzi, characterized by deceit, manipulation, and a staggering breach of…

Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review

Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside”…

Asset Managers Should Only Engage Staking Platforms With Strong Security — Andrew McFarlane

Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has…