On February 19th, COINOTAG News reported that Semler Scientific (SMLR) has embraced a pioneering “Fair Value” accounting standard, set to take effect in Q4 2024. This move has allowed the company to revalue its Bitcoin holdings, resulting in an impressive $28.85 million augmentation of its asset base. The standard, which the Financial Accounting Standards Board … Read more
Cloud mining has emerged as a popular method for individuals to participate in cryptocurrency mining without the need to invest in and manage physical hardware. By renting mining power from remote data centers, users can earn a share of the mining rewards generated. This approach eliminates the complexities and costs associated with setting up and … Read more
Authorities in Norway allege that the creators of a crypto scheme laundered $62 million through the accounts of a local law firm.
Key Takeaways Howard Lutnick confirmed as US Secretary of Commerce with a 51-45 Senate vote. Lutnick is a Bitcoin advocate with plans to implement Trump’s tariff policies. Howard Lutnick, former CEO of Cantor Fitzgerald and a Bitcoin advocate, won Senate confirmation as commerce secretary in a 51-45 vote on Tuesday, positioning him to lead President … Read more
MANTRA Finance FZE (MANTRA) has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license authorizes MANTRA to operate as a Virtual Asset Exchange and to offer Broker-Dealer, Management, and Investment Services within the emirate. A New Chapter in Regulated DeFi Services With this license, MANTRA is likely … Read more
Strategy (formerly MicroStrategy) is conducting a private offering of convertible senior notes. The firm will offer $2 billion of these assets and use the proceeds to buy more Bitcoin. Saylor announced that his firm had not bought any Bitcoin in the last week, further interrupting his purchasing trend. Still, other than this detail, everything else … Read more
Story (IP) has gained significant traction after its long-anticipated mainnet launch, surging over 11% and attracting considerable market attention. This robust performance follows considerable backing from high-profile investors, highlighting optimism about Story’s future in the blockchain space. According to COINOTAG, “With a market cap surpassing $500 million, the excitement around Story’s potential is palpable among … Read more
Betting big on bitcoin, Microstrategy is raising $2 billion through convertible notes to fuel further BTC acquisitions, reinforcing its vision as the ultimate bitcoin treasury firm. Strategy Targets $2B in Fresh Capital—A High-Stakes Bet on Bitcoin’s Future Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on Feb. 18 that it intends to … Read more
The FXGuys presale continues to gain traction. Stage 3 is already surpassing $4 million at a price of $0.05 per $FXG token. As the Top PropFi Project, FXGuys is capturing investor interest. Conversely, established projects like Stellar and Polkadot are struggling to maintain relevance. With its unique DeFi and trading-centric approach, FXGuys offers more than … Read more
In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels. Kaiko’s asset liquidity ranking indicator was introduced after FTX’s collapse to address … Read more