# MicroStrategy buys the dip, acquires M in Bitcoin

# MicroStrategy buys the dip, acquires $10M in Bitcoin

“# MicroStrategy buys the dip, acquires $10M in Bitcoin ” Business intelligence firm MicroStrategy has scooped up another $10 million worth of Bitcoin (BTC), signaling the company’s relentless conviction in the digital asset amid the latest price collapse.  The cash amount earned MicroStrategy 229 BTC at an average price of $43,663, the company confirmed Tuesday…

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# Ethereum-based DeFi platform DeversiFi raises M in strategic investments

# Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments

“# Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments ” DeversiFi, an Ethereum-based layer-two decentralized finance platform, has secured $5 million in strategic investments from some of crypto’s biggest venture capital firms, sending a strong signal that demand for DeFi opportunities remains strong.  DeversiFi intends to make DeFi trading more accessible, allowing users to invest,…

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# Swiss Sygnum bank to offer custody for Internet Computer token

# Swiss Sygnum bank to offer custody for Internet Computer token

“# Swiss Sygnum bank to offer custody for Internet Computer token ” Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens. Sygnum announced Tuesday that ICP holders will be able to deposit their tokens with the bank’s institutional-grade segregated wallets. The firm said that it is the first…

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# Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen

# Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen

“# Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen ” Major Turkish crypto exchange BtcTurk came forward about a data breach from mid-2018 that leaked sensitive information of over 500,000 users.  According to the official announcement, the stolen data set contains BtcTurk users’ names, citizen ID numbers, emails, addresses, birthdates and mobile…

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# Institutions dump BTC as volume soars for Ether funds

# Institutions dump BTC as volume soars for Ether funds

“# Institutions dump BTC as volume soars for Ether funds ” CoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets. The May 17 report notes $98 million exited Bitcoin investment products last week,…

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# EY invests 0 million to expand blockchain product suite, launches DeFi contract simulator

# EY invests $100 million to expand blockchain product suite, launches DeFi contract simulator

“# EY invests $100 million to expand blockchain product suite, launches DeFi contract simulator ” “Big Four” accounting firm, Ernst & Young Global Limited, or EY, is continuing to invest heavily in blockchain, investing $100 million into engineering and developing distributed ledger technologies for a range of enterprise applications. On May 17, EY revealed its…

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