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I told you recently about #MicroStrategy #BTC purchase?
Hal Press, founder of North Rock Digital, criticized MicroStrategy's bitcoin acquisition strategy and said that the company would eventually have to sell all of its BTC.
Well, where would we be without his opinion, really).
"The idea of taking a software #company and using it to acquire bitcoin is so comically stupid it's even funny. It would be so obvious in retrospect," he said.
Press also noted that it won't happen anytime soon and will take at least a few years.
An interesting observation from #Blockchains Center at
The platform simulated a situation in which MicroStrategy would buy #ETH rather than bitcoins, then the company would have 3.68 million coins worth $6.883 billion. By comparison, the value of bitcoins owned by the company is $3.926 billion.
Hal Press, founder of North Rock Digital, criticized MicroStrategy's bitcoin acquisition strategy and said that the company would eventually have to sell all of its BTC.
Well, where would we be without his opinion, really).
"The idea of taking a software #company and using it to acquire bitcoin is so comically stupid it's even funny. It would be so obvious in retrospect," he said.
Press also noted that it won't happen anytime soon and will take at least a few years.
An interesting observation from #Blockchains Center at
The platform simulated a situation in which MicroStrategy would buy #ETH rather than bitcoins, then the company would have 3.68 million coins worth $6.883 billion. By comparison, the value of bitcoins owned by the company is $3.926 billion.
Bitcoin ATM operator Bitcoin Depot today launched on the Nasdaq stock exchange, making it the first U.S. company of its kind to go public.
The company—one of the largest Bitcoin ATM operators in the country—last week announced its merger with blank check company GSR II Meteora.
Bitcoin Depot, which is listed under the ticker BTM, was trading for $3.61 per share at the time of writing, according to Nasdaq data. At one point earlier this morning, the price was as high as $6.62—a noticeable shift.
#nasdaq #bicoinatm #company #listed #cryptoonindia
The company—one of the largest Bitcoin ATM operators in the country—last week announced its merger with blank check company GSR II Meteora.
Bitcoin Depot, which is listed under the ticker BTM, was trading for $3.61 per share at the time of writing, according to Nasdaq data. At one point earlier this morning, the price was as high as $6.62—a noticeable shift.
#nasdaq #bicoinatm #company #listed #cryptoonindia
Binance under investigation in France?
The #Paris Prosecutor's Office confirmed that the French justice system is investigating #Binance for aggravated #money laundering.
The Parisian prosecutor's office revealed in its statement that the investigations against Binance date back more than a year. They indicate that JIRS in Paris referred the investigation to the judicial investigation service in February 2022.
According to the prosecution, the investigations against Binance have two key objectives. The first has to do with investigating a possible "illegal exercise" of the exchange's role as a provider of cryptoactive services.
The second objective of the prosecution is to investigate the alleged commission of the crime of aggravated money laundering by Binance. Also considering the alleged investment, concealment and conversion operations carried out by the actors to obtain benefits.
The largest cryptocurrency exchange by trade volume came out and confirmed that there is an investigation against the #company from France.
On Twitter, Binance admitted that French authorities visited the company's offices on-site last week and that "regulatory investigations" are ongoing, without elaborating.
The Parisian prosecutor's office revealed in its statement that the investigations against Binance date back more than a year. They indicate that JIRS in Paris referred the investigation to the judicial investigation service in February 2022.
According to the prosecution, the investigations against Binance have two key objectives. The first has to do with investigating a possible "illegal exercise" of the exchange's role as a provider of cryptoactive services.
The second objective of the prosecution is to investigate the alleged commission of the crime of aggravated money laundering by Binance. Also considering the alleged investment, concealment and conversion operations carried out by the actors to obtain benefits.
The largest cryptocurrency exchange by trade volume came out and confirmed that there is an investigation against the #company from France.
On Twitter, Binance admitted that French authorities visited the company's offices on-site last week and that "regulatory investigations" are ongoing, without elaborating.
#UTU raises $35M to help travelers get more from tax-free shopping...
Utu, a #travel tech #company that helps flyers get more out of their tax-free #shopping, announced today it has raised a $35 million Series B led by SC Ventures. Part of the funding was used to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to #users.
Utu, a #travel tech #company that helps flyers get more out of their tax-free #shopping, announced today it has raised a $35 million Series B led by SC Ventures. Part of the funding was used to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to #users.
أوبن أيه آي ( OpenAI...تُعين جنرال أمريكي متقاعد في مجلس الإدارة
شركة (OpenAI) قامت بتعيين بول إم ناكاسوني (جنرال متقاعد من الجيش الأمريكي ورئيس سابق لوكالة الأمن القومي)، في مجلس إدارتها.
، سينضم إلى لجنة السلامة والأمن التابعة لمجلس الإدارة، والتي أنشأتها أوبن أيه آي في أواخر مايو لتقييم وتحسين سياساتها لاختبار النماذج والحد من إساءة الاستخدام.
وتابعت التقارير تحاول من خلال تعيين ناكاسوني قمع الانتقادات لممارساتها الأمنية، بما في ذلك من بعض موظفي الشركة الحاليين والسابقين
يذكر أن أوبن أيه آي لأبحاث الذكاء الاصطناعي تأسست بهدف تعزيز وتطوير أنظمة الذكاء الاصطناعي بحيث تكون آمنة من المخاطر، وتهدف إلى التعاون بحرية مع المؤسسات والباحثين
#Binance #OpenAI #Security #general #company $BTC $BNB
شركة (OpenAI) قامت بتعيين بول إم ناكاسوني (جنرال متقاعد من الجيش الأمريكي ورئيس سابق لوكالة الأمن القومي)، في مجلس إدارتها.
، سينضم إلى لجنة السلامة والأمن التابعة لمجلس الإدارة، والتي أنشأتها أوبن أيه آي في أواخر مايو لتقييم وتحسين سياساتها لاختبار النماذج والحد من إساءة الاستخدام.
وتابعت التقارير تحاول من خلال تعيين ناكاسوني قمع الانتقادات لممارساتها الأمنية، بما في ذلك من بعض موظفي الشركة الحاليين والسابقين
يذكر أن أوبن أيه آي لأبحاث الذكاء الاصطناعي تأسست بهدف تعزيز وتطوير أنظمة الذكاء الاصطناعي بحيث تكون آمنة من المخاطر، وتهدف إلى التعاون بحرية مع المؤسسات والباحثين
#Binance #OpenAI #Security #general #company $BTC $BNB
#Ferrari Begins Accepting Cryptocurrency Payments in the US
Italian luxury car manufacturer Ferrari has introduced digital assets as a payment method in the United States, with plans to expand to Europe in the first quarter of 2024, according to Reuters.
Enrico Galliera, Ferrari's Chief Commercial and Marketing Officer, explained that this decision was made in response to requests from dealers and customers, many of whom have invested in cryptocurrencies. "Some of them are young investors who have built their wealth through digital assets. Others are more traditional investors looking to diversify their portfolios," he said.
Ferrari has partnered with payment processing service #BitPay which will convert received assets into fiat currency. Initially, the #company is accepting Bitcoin, Ethereum, and the stablecoin #USDC
"This will allow us to connect with people who may not necessarily be our customers but can afford a Ferrari. Prices will remain unchanged, with no fees or surcharges when paying with cryptocurrencies," Galliera noted. In the first half of 2023, Ferrari delivered over 1,800 vehicles in North America. However, the company has not specified how many vehicles it plans to sell with cryptocurrency payments.
It's worth mentioning that in January, the German car manufacturer Porsche launched its own #NFT collection. In May 2022, Italian fashion house Gucci began accepting digital asset payments in five of its US stores. $BTC $ETH
Italian luxury car manufacturer Ferrari has introduced digital assets as a payment method in the United States, with plans to expand to Europe in the first quarter of 2024, according to Reuters.
Enrico Galliera, Ferrari's Chief Commercial and Marketing Officer, explained that this decision was made in response to requests from dealers and customers, many of whom have invested in cryptocurrencies. "Some of them are young investors who have built their wealth through digital assets. Others are more traditional investors looking to diversify their portfolios," he said.
Ferrari has partnered with payment processing service #BitPay which will convert received assets into fiat currency. Initially, the #company is accepting Bitcoin, Ethereum, and the stablecoin #USDC
"This will allow us to connect with people who may not necessarily be our customers but can afford a Ferrari. Prices will remain unchanged, with no fees or surcharges when paying with cryptocurrencies," Galliera noted. In the first half of 2023, Ferrari delivered over 1,800 vehicles in North America. However, the company has not specified how many vehicles it plans to sell with cryptocurrency payments.
It's worth mentioning that in January, the German car manufacturer Porsche launched its own #NFT collection. In May 2022, Italian fashion house Gucci began accepting digital asset payments in five of its US stores. $BTC $ETH
#HotTrends
📣 Stability AI CEO resigns to ‘pursue decentralized AI’
Emad Mostaque is stepping down from his role as #CEO of Stability AI, the startup that helped bring Stable Diffusion to life. In a press release late on Friday night, Stability $AI says Mostaque is leaving the #company “to pursue decentralized AI.” Mostaque will also step down from his position on the board of directors at Stability AI. The board has appointed two interim co-CEOs to lead Stability AI — COO Shan Shan Wong and CTO Christian Laforte — while it conducts a search for a permanent CEO.
#BTC #ETH
📣 Stability AI CEO resigns to ‘pursue decentralized AI’
Emad Mostaque is stepping down from his role as #CEO of Stability AI, the startup that helped bring Stable Diffusion to life. In a press release late on Friday night, Stability $AI says Mostaque is leaving the #company “to pursue decentralized AI.” Mostaque will also step down from his position on the board of directors at Stability AI. The board has appointed two interim co-CEOs to lead Stability AI — COO Shan Shan Wong and CTO Christian Laforte — while it conducts a search for a permanent CEO.
#BTC #ETH
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step 1: go to playstore and search for "emberfund" download and register
step 2 : go to profile & click the settings icon at the top and put this access code👇
(MNGZNIF03FH)
step 3: click start #mining
step 4 : earn more rewards by playing tournaments (choose 3 coins that will be bullish in next 6 hours, only free tournaments are to be played)
just made another withdrawal on this for free use access code (MNGZNIF03FH) to activate #miner
#RONIN