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BTC

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2.77%

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0.87%

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-0.31%

AKT

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-6.87%

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-0.22%

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0.19%

CTC

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ATH

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-2.76%

NTGL

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-3.94%

GHO

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-0.02%

SNEK

$0.00283237

-2.17%

MEW

$0.00237993

-6.81%

DCR

$12.22

-2.54%
Price data by

Business

The people and companies shaping the crypto industry.

Formula 1. Image: Shutterstock
Business

Formula 1 Secures Multi-Year Renewal With Crypto.com in Sports Sponsorship Push

Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum.  The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...

·

Full Article

Dec 12, 2024

Microsoft Headquarters. Image: Shutterstock

Business

Less than 1% of Microsoft Shareholders Voted in Favor of Investing in Bitcoin

New information has come to light showing that Microsoft shareholders strongly opposed a proposal on Tuesday to invest in Bitcoin, even though the asset was described as an effective inflationary hedge. Merely 0.55% of shareholders supported a proposal for buying and holding Bitcoin. The leading crypto by market capitalization surpassed $100,000 per coin once again on Wednesday. According to the annual  Microsoft Investor Relations report, 28.234 million Microsoft shareholder votes were cast in...

by Jason Nelson ·

Dec 11, 2024

MicroStrategy founder Michael Saylor with Bitcoin laser eyes. Image: Michael Saylor/Twitter

Business

MicroStrategy Now Holds $40 Billion in Bitcoin—These Are Its Biggest Buys

MicroStrategy, fronted by outspoken Bitcoin bull and Executive Chairman Michael Saylor, added to its sizable Bitcoin holdings Monday, purchasing 21,550 BTC—or $2.1 billion worth. The purchase is the latest in a string of Bitcoin purchases dating back to 2020 when MicroStrategy and Saylor made the strategic decision to allocate capital to the leading cryptocurrency to “maximize long-term value for shareholders.”    Since then, the business intelligence firm has reshaped itself into a Bitcoin deve...

by Logan Hitchcock ·

Dec 10, 2024

Business

Microsoft Shareholders Vote Against Bitcoin Buying Proposal

Software giant Microsoft won't be buying Bitcoin just yet, after shareholders voted against a proposal at the tech giant's annual meeting Tuesday. Shareholders of Microsoft (NASDAQ: MSFT) voted on the proposal at the annual meeting. Microsoft's board in October told shareholders that it recommended voting against the item. A filing with the SEC noted that "Microsoft's management already carefully considers this topic." Bitcoin Will Eventually Be Seen as 'Just Money', Says Binance Co-Founder CZ A...

by Mat Di Salvo ·

Dec 10, 2024

Hackers and China. Image: Shutterstock

Business

US ‘Flips’ to Support Encryption Following China’s ‘Salt Typhoon’ Cyberattack

The ‘Salt Typhoon’ cyberattacks by Chinese hackers on governments and businesses have been described as a “watershed moment” by digital privacy advocates, after U.S. officials recommended the use of end-to-end encryption in their aftermath. After U.S. Federal Bureau of Investigation (FBI) and Cybersecurity and Infrastructure Security Agency (CISA) officials urged Americans to use encrypted messaging apps in the wake of the cyberattack, Zooko Wilcox-O'Hearn, creator of privacy coin Zcash, tweeted...

by Luke Edwards ·

Dec 9, 2024

Image: Markus Mainka/Shutterstock

Business

Amazon Urged to Buy Bitcoin as Microsoft Shareholders Consider BTC Proposal

Amazon shareholders at a conservative think tank have sent a proposal to the retail and tech giant, urging it to create a Bitcoin treasury reserve following a record-breaking run for the largest cryptocurrency. In a shareholder proposal dated December 6, The National Center for Public Policy Research asked Amazon to consider holding at least 5% of its assets in Bitcoin. The think tank argued that converting Amazon's assets into the cryptocurrency could protect the value of those funds in an inte...

by Liz Napolitano ·