MicroStrategy Joins Nasdaq 100 Index in Major Tech Market Milestone
MicroStrategy secures coveted spot in Nasdaq 100 Index alongside Palantir and Axon Enterprise, reflecting the growing prominence of cryptocurrency and emerging tech companies. The announcement coincides with the index surpassing 20,000 points for the first time, driven by strong tech sector performance.
Major Bitcoin ATM Data Breach Exposes 58,000 Users' Personal Information
A significant security breach at Byte Federal, a leading US Bitcoin ATM operator, has compromised sensitive data of 58,000 customers through a GitLab vulnerability. The incident exposed extensive personal information including government IDs and transaction records, prompting emergency security measures and raising concerns about cryptocurrency infrastructure security.
BlackRock Endorses Bitcoin: Drawing Parallels with Tech Giants and Recommending Strategic Portfolio Allocation
BlackRock, the world's largest asset manager, advocates for a 1-2% Bitcoin allocation in investment portfolios, comparing its risk profile to the 'Magnificent Seven' tech stocks. The firm's groundbreaking analysis suggests Bitcoin could serve as an independent risk driver while warning against larger allocations.
Bitcoin Breaks $100K Milestone as Dogecoin Soars on Political Tailwinds
Bitcoin's historic surge past $100,000 has triggered a remarkable rally across cryptocurrencies, with Dogecoin emerging as a standout performer. Political developments, including Elon Musk's appointment to lead a new government department, have further propelled Dogecoin to dramatic new heights.
Critical Bitcoin Lightning Network Flaw Exposes High-Value Nodes to Theft Risk
A newly discovered security vulnerability in Bitcoin's Lightning Network could enable attackers to steal funds from wealthy node operators through transaction relay attacks. The bug primarily threatens nodes holding over $130,000 in BTC, with major implementation providers racing to develop protective patches.
Microsoft Shareholders Reject Bitcoin Investment Proposal Despite MicroStrategy's Push
Microsoft shareholders voted against allocating up to 5% of the company's $78.4B cash reserves into Bitcoin, despite MicroStrategy's Michael Saylor advocating for the investment. The board maintained its conservative stance on crypto investments, citing volatility concerns and emphasizing stable treasury management.
Vancouver Takes Bold Step Towards Bitcoin Integration in City Finances
Vancouver's City Council has approved a pioneering motion to explore Bitcoin adoption as a reserve asset and payment method for municipal services. Mayor Ken Sim leads the initiative with a personal Bitcoin donation, despite regulatory hurdles and environmental concerns.
Ray Dalio Endorses Bitcoin and Gold Over Bonds Amid Global Debt Crisis Warning
Bridgewater founder Ray Dalio warns of an impending debt crisis and advises investors to shift from bonds to 'hard money' assets like Bitcoin and gold. Speaking at Abu Dhabi Finance Week, the billionaire investor highlighted unsustainable debt levels in major economies and predicted significant currency devaluation.
Microsoft Shareholders Reject $784M Bitcoin Investment Proposal
Microsoft's shareholders decisively voted against a proposal to invest 1% of company assets in Bitcoin, choosing financial stability over cryptocurrency speculation. The decision, opposed by major institutional investors and backed by MicroStrategy's CEO, reflects Microsoft's commitment to low-risk investments and AI development.
MicroStrategy's Nasdaq-100 Inclusion Marks Historic Crypto Milestone
Business intelligence giant MicroStrategy, holding over 423,650 Bitcoin valued at $42 billion, is set to join the Nasdaq-100 Index. This landmark inclusion will trigger $2.1 billion in share purchases and represents a significant step in cryptocurrency's mainstream financial integration.