The Bitcoin Treasuries List Exceeds $30 Billion – 29 Companies Hold BTC Reserves
More than 1.1 million bitcoin or over $30 billion worth of the crypto asset is held by a myriad of companies, according to the web portal bitcointreasuries.org. The massive stash of bitcoin reserves held by well known companies started swelling after the billion-dollar firm Microstrategy purchased $250 million worth of bitcoin in August. Now there are 29 firms that are holding the cryptocurrency in place of traditional reserves like...
Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According to Chinese media outlets, citing local crypto journalist Colin Wu, Jihan Wu and Micree Zhan reportedly agreed to arrange a $600 million compensation...
Vauld Raises $2 Million to Establish Stronghold in India
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised USD 2 million from Pantera, Coinbase Ventures, and CMT digital among others, over the last four months. “The investors loved that we were building...
Beast IPTV Shut Down By Alliance For Creativity and Entertainment
Over the past several weeks, users of pirate IPTV service Beast IPTV have been reporting numerous issues with their accounts. Some initial downtime coupled with an inability to make new payments, an obvious lack of customer support, then a complete disappearance of the service itself, all provided the tell-tale signs of a platform on the way out. The big question was why. As is common in IPTV circles when a service shows signs of...
NZBgeek Has Been Hacked Leaving Private User Data Exposed
Despite the growing popularity of pirate streaming sites and services, classic file-sharing tools continue to have a smaller but dedicated audience. This is true for BitTorrent as well as Usenet. In the latter category, NZBGeek is one of the largest players as it provides an indexing service that helps users to find content. NZBGeek is a private community to which users can sign up without any charges. However, those who donate get...
