MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
Facebook's planned cryptocurrency libra has got yet another problem.
Now comes another setback for Facebook. About a dozen scam sites and ads claiming to sell the not yet released cryptocurrency have appeared on the social network.
The economist Eswar Prassad, who works at the American top university Cornell, believes that this looks bad for Facebook.
“There is a deep irony that Facebook is the platform used for something that Facebook is trying to build trust for”, he says to the Washington Post.
Facebook has removed the ads and pages after the Washington Post contacted them prior to publishing their article on the problem about libra scams.
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In times of economic uncertainty and market volatility, Bitcoin has gained recognition as a safe haven asset. Its ability to provide investors...
Hong Kong's Securities Futures Commission (SFC) is preparing to release cryptocurrency exchange licensing guidelines in May, as reported by...