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Strategy CEO calls it ‘most misunderstood’ stock amid record profit – MAXBIT
Strategy CEO Phong Le says the market still misunderstands and undervalues its Bitcoin play, as it posted $10 billion profit in the second quarter and plans to raise $4.2 billion to buy more. Strategy’s shares fell 1.4% in after-hours trading despite posting a company-record $10 billion in profit in the… Listen ⇢
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Strategy CEO calls it ‘most misunderstood’ stock amid record profit – MAXBIT
Strategy CEO Phong Le says the market still misunderstands and undervalues its Bitcoin play, as it posted $10 billion profit in the second quarter and plans to raise $4.2 billion to buy more. Strategy’s shares fell 1.4% in after-hours trading despite posting a company-record $10 billion in profit in the… Listen ⇢
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CoinDCX Software Engineer Arrested in Connection to $44 Million Hack (Report) – MAXBIT
The Indian exchange is the latest victim of bad actors exploiting vulnerabilities and taking control of internal systems, resulting in millions of dollars being lost. The losses this year, overall, are already in the billions, and, regrettably, continue to increase at an alarming pace. Details on What Happened A local… Listen ⇢
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Josip Heit Scores Victory Over TSSB Regulator, Unlocking Growth for DAO1 and Apertum – MAXBIT
The Texas State Securities Board (TSSB), one of the strongest regulatory authorities in the United States, has officially abandoned its claim that the Apertum Foundation’s token and its DAO1 decentralized finance (DeFi) platform are securities. The Apertum Foundation and its senior advisor, Josip Heit, represented by Quinn Emanuel Urquhart & Sullivan, LLP, have prevailed in their… Listen ⇢
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Report – The Daily Hodl – MAXBIT
The second-largest US-based crypto exchange by trading volume is reportedly an initial public offering (IPO) candidate for next year. Citing people familiar with the matter, The Information reports that Kraken is eyeing to raise $500 million at a $15 billion valuation. The price tag represents a significant increase from when… Listen ⇢
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JPMorgan CEO now a ‘believer’ in stablecoins, blockchain – MAXBIT
Once one of crypto’s loudest critics, Jamie Dimon now says he’s a “believer” in stablecoins as JPMorgan deepens its push into digital assets. JPMorgan CEO Jamie Dimon appeared to moderate his long-held skepticism toward digital assets in a CNBC interview Tuesday morning, saying he’s now “a believer in stablecoins” and… Listen ⇢
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Ethereum Is Preparing For Quantum Computers With Latest Upgrades – MAXBIT
On Ethereum’s 10th anniversary, developer Justin Drake discussed quantum computing and how it could threaten ETH. He called for “lean Ethereum” to efficiently marshal tremendous resources to counter the threat. Specifically, Drake believes that hash-based cryptography should take over the entire L1, from signatures to zkVMs and more. A lot of… Listen ⇢
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Push for liquid staking in Solana ETFs gains institutional support – MAXBIT
Though it has weighed in on traditional staking, the US Securities and Exchange Commission has not issued guidance on liquid staking. Solana infrastructure provider Jito Labs, asset managers VanEck and Bitwise and two other stakeholders are appealing to the US Securities and Exchange Commission (SEC) to allow liquid staking for… Listen ⇢
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This Summer’s Hot Pick as Millions of Tokens Fly Off Daily Thanks to CoinMarketCap Listing FOMO – MAXBIT
Ruvi AI is making waves in the cryptocurrency world and dominating conversations among savvy adherents. Since its CoinMarketCap listing, this AI-powered token has been flying off the shelves, with tokens selling at an unprecedented rate. With over $2.6 million raised, 205 million tokens sold, and a fast-growing community of 2,500… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
