Crypto News
Microstrategy Rebrands as Strategy, Emphasizing Bitcoin-Centric Approach
Microstrategy has unveiled a rebranding effort, adopting the name Strategy to emphasize its commitment to bitcoin and artificial intelligence (AI). Microstrategy Renames Itself Strategy The Tysons Corner, Virginia-headquartered firm, recognized for its business analytics tools and substantial bitcoin reserves, introduced its updated identity, logo, and branding Tuesday. The refreshed logo displays a modernized “B” symbolizingSource link
Researchers Flag Crypto-Stealing Malware in Google and Apple Apps
The malware scans users' images for ones that contain wallet recovery phrases. Matching images are then encrypted and transmitted to a remote server.Source link
Raydium is Solana’s AMM King. Can it Corner the Perps Market Next?
Decentralized crypto trading engine Raydium is making a bid for Solana's multibillion dollar perpetuals market – and gaining traction fast.Raydium's weeks-old foray into offering these hyper-popular derivatives contracts – they allow crypto traders to speculate on price swings without holding the actual token – is already racking up $100 million in daily trading volume.It's now Solana's third most popular venue for trading perps, behind Jupiter and Drift, this ecosystem's trading heavyweights. The growth comes despite Raydium perps' nascency; its builders haven't poured marketing capital on promoting a trading tool that's yet to officially launch."Raydium brand still packs a punch," said InfraRAY, a core contributor to the project.The push caps Raydium's ascendence to the top of Solana's decentralized crypto trading landscape....
Ethereum’s Resilience Tested: Volatility Dominates as Macro Risks Loom
Ethereum (ETH) endured a turbulent week, plunging to a massive low of $2,065 amid geopolitical trade war tensions before rebounding as investors capitalized on discounted prices, currently down 2.1% over the last day. Trade War Fears Rock ETH Ethereum opened the week at $3,200-$3,400 but crashed to a significant low of $2,065 on Feb. 3Source link
Blackrock Plans to Launch a Bitcoin ETP in Europe: Bloomberg
The world's largest asset management firm with more than $10 trillion in AUM, Blackrock (BLK) plans on listing a bitcoin exchange traded product (ETP) in Europe, Bloomberg reported on Wednesday.The fund would be based in Switzerland and BlackRock could start marketing it as soon as this month, according to the report.This would be the giant asset manager's first crypto-linked ETP outside of America. Blackrock's U.S.-based iShares Bitcoin ETF (IBIT) has been a wild success, accumulating nearly $60 billion in assets in just more than one year since opening for business.BlackRock's move would be the latest in a string of investment firms looking to dive further into providing crypto-backed securities in Europe. Kraken recently secured a license that will enable it...