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Web3Global

Peter Schiff Says MicroStrategy Lost Its Bitcoin-Buying Power

Peter Schiff says MicroStrategy has pulled its Stretch (STRC) preferred stock back toward its $100 par value. However, he argues the company has lost the issuance channel that funded its Bitcoin purchases. Even so, Strategy has kept adding Bitcoin, funding its latest purchase with proceeds from common stock sales. Schiff Credits Buybacks and a Bitcoin The post Peter Schiff Says MicroStrategy Lost Its Bitcoin-Buying Power appeared first on BeInCrypto.

BeInCrypto

Special Coverage

India Spotlight

Regulation, taxation, exchanges and adoption — through an India lens.

Exchange

India’s local crypto exchanges get just 0.7% of inflows, Chainalysis reports

Chainalysis’s new regional chapters separate national crypto participation from domestic exchange business, with Brazil-based platforms receiving 12.5% of inflows. The post India’s local crypto exchanges get just 0.7% of inflows, Chainalysis reports appeared…

CryptoSlate
Regulation

SEC Approves Listing of Bitcoin ETF Targeting 3x Daily Futures Moves

A bitcoin fund targeting three times its futures benchmark’s daily performance has secured SEC listing approval. The ruling covers a broader commodity lineup and preserves exchange oversight and brokerage obligations as the sponsor pursues market access.…

News.Bitcoin.com
Regulation

Arbitrum pauses new Stylus activations over AI-assisted attack risks

Existing programs keep running, while a separate proof-conflict guard can delay unconfirmed withdrawals to Ethereum. The post Arbitrum pauses new Stylus activations over AI-assisted attack risks appeared first on CryptoSlate.

CryptoSlate
Regulation

CFTC Wants Event Contracts Defined as Swaps, but Not Casino Games

The Commodity Futures Trading Commission has sent the White House two rules that would redraw the legal definition of a swap. That definition is at the center of prediction markets’ fight with the states. One rule would bring event contracts inside the…

News.Bitcoin.com
Regulation

Bitget restores $300M fund after absorbing $388M security breach

The restored backstop is separate from customer reserves, and claims remain subject to Bitget's assessment as withdrawals reopen in phases. The post Bitget restores $300M fund after absorbing $388M security breach appeared first on CryptoSlate.

CryptoSlate
IndiCrypto
Web3

Stargate Finance (STG) Is Merging Into LayerZero (ZRO): What You Need to Know

Stargate Finance (STG) is being merged into LayerZero (ZRO), and Mudrex will support this transition for eligible users. If you hold STG on Mudrex, you do not need to take any action. Eligible STG holdings will be automatically converted to ZRO based on the…

Mudrex