MicroStrategy Buys More Bitcoin Worth $615M
Mark Cuban Unstakes & Transfers 2.82M MATIC, Nigeria To Launch Stablecoin, Vitalik Suggests PoS Revamp
Welcome to Coinfeeds Daily Digest and happy holidays! Today we cover collective crypto hack and scam victim losses dropping to $2 billion in 2023, Nigeria is preparing to unveil its Naira-backed regulated stablecoin called cNGN in 2024 to facilitate easier international transfers, a Trump-linked Ether wallet reportedly having sold off $2.4 million, Vitalik Buterin suggesting a revamp of Proof-of-Stake model to seek simplicity, and Michael Saylor's MicroStrategy purchasing 14,620 more Bitcoin. In addition, we cover a $345 million influx towards Manta Network's Ether L2 Manta Pacific from airdrop hunters looking to get a share of 50 million Manta tokens, and MATIC soaring to $1 after Mark Cuban unstaked 2.82 MATIC and transferred it to Coinbase.
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Saylor's MicroStrategy Buys 14,620 Bitcoin For $615M
MicroStrategy, led by CEO Michael Saylor, has acquired an additional 14,620 Bitcoin (BTC) for approximately $615 million. This purchase increases MicroStrategy's total Bitcoin holdings to an impressive 189,150 BTC, valued at around $8.11 billion. | Read More
Vitalik Buterin Proposes Proof-of-Stake Revamp For Ethereum
Vitalik Buterin, the co-founder of Ethereum, has recently put forward suggestions to revamp Ethereum's PoS system. The primary goal of this is to address the high computational load that currently burdens the network, which is largely due to the processing of a significant number of validator signatures. | Read More
Nigeria To Unveil Regulated Stablecoin
Nigeria is set to embrace the digital currency world with the introduction of cNGN, a stablecoin pegged to the Nigerian Naira. This initiative is a collaborative effort involving a consortium of Nigerian banks, fintech companies, and blockchain experts. The cNGN, which stands for "crypto Naira," is expected to launch in 2024. | Read More
Crypto Hack & Scam Victim Losses Down to $2B in 2023
Despite the ongoing threats, the year has seen a notable decrease in the total losses due to illicit activities, with users losing around $2 billion to hacks, scams, and exploits, according to reports from De.Fi, a cryptocurrency portfolio tracker and security firm. | Read More
Airdrop Hunters Pour $345M To Manta Pacific
The space is buzzing with the surge in investments directed towards Manta Pacific, the Ethereum L2 chain developed by Manta Network. A significant number of crypto enthusiasts, commonly referred to as airdrop hunters, have collectively poured $345 million into it, anticipating a drop early in 2024. | Read More
Polygon Reclaims $1 After Mark Cuban’s Unstakes and Transfers 2.82M MATIC To Coinbase
MATIC's price ascended past the $1 mark, a notable milestone for the digital asset. This surge in price is particularly interesting as it comes on the heels of billionaire investor Mark Cuban's decision to un-stake a large number of MATIC tokens and transfer them to Coinbase. | Read More