Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following the announcement, the WBTC supply has contracted. Wrapped Bitcoin’s Supply Drops by 5,844 Coins in 8 Days On Nov. 16, the WBTC supply on Ethereum was recorded at 146,734 coins. Fast forward to […]
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $ 500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data is recoverable. Council Sued Over Lost $ 500M Bitcoin Hard …
Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B
According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $ 500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $ 1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital …
Microstrategy Proposes $500M Convertible Senior Notes Offering to Acquire Additional Bitcoin
Microstrategy has announced its intention to offer $ 500 million of convertible senior notes due 2032 in a private offering, subject to market conditions. The company also expects to grant the initial purchasers an option to purchase up to an additional $ 75 million of the notes within a 13-day period from the …
NFT Sales Soar to Over $500M; Bitcoin Leads With Unprecedented Growth
Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $ 503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $ 276.79 million in sales, surpassing Ethereum’s $ 99.67 million, which previously held the top spot. Bitcoin Once Again Outperforms …