Tesla Hodls Bitcoin: Balance Sheet Shows $1.26B in Digital Assets

Balance Sheet Shows $1.26B in Digital Assets – News Bitcoin News

Elon Musk’s electric car company, Tesla, is hodling bitcoin. The company’s balance sheet shows $1.261 billion in digital assets. Tesla has neither purchased nor sold any crypto assets since the first quarter of last year. Tesla Continues to Hodl Bitcoin Tesla released its earnings results for the first quarter of 2022 Wednesday. Elon Musk’s electric …

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Metrics Show Decentralized Exchange Volumes Continue to Slide This Year

Metrics Show Decentralized Exchange Volumes Continue to Slide This Year – Defi Bitcoin News

Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. …

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Broxus CEO Vlad Ponomarev on Everscale and Developing a Universal Bridge Mechanism – Interview Bitcoin News

Broxus CEO Vlad Ponomarev on Everscale and Developing a Universal Bridge Mechanism – Interview Bitcoin News

Everscale is the most scalable network in DeFi. With the capacity to process over a million transactions per second, Everscale is able to offer users some of the fastest transaction speeds paired with fractional fees. The Everscale ecosystem includes a cross-chain bridge platform with a unique Universal Bridge mechanism that facilitates liquidity transfers to and …

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Tron's Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD – Bitcoin News

On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.” Tron to Launch …

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MetaGods NFT Land Sale’s Resounding Success Attracts Traditional Investors – Press release Bitcoin News

MetaGods NFT Land Sale’s Resounding Success Attracts Traditional Investors – Press release Bitcoin News

press release PRESS RELEASE. MetaGods is showing tremendous strength after their highly successful, sold-out NFT land sale attracted large new investors from traditional finance. MetaGods recently concluded an NFT land sale that received overwhelming investor support from traditional finance as the new gaming company onboarded some big players and family offices from mainstream markets into …

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Rumors Claim Large Bitcoin Wallet Is a Whale's Stash or Microstrategy's Wallet Despite Conflicting Data

Rumors Claim Large Bitcoin Wallet Is a Whale’s Stash or Microstrategy’s Wallet Despite Conflicting Data – Featured Bitcoin News

Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The report noted at the time that the address “1P5ZED” shows all the tell-tale signs that it’s an exchange platform, but to this very day speculators still assume and …

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US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential

US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential – Mining Bitcoin News

In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based Bitriver and Its Russian Subsidiaries Blacklisted by United States The …

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