The creditors’ claims were sold for cash to Delaware-based Ceratosaurus Investors LLC.
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- Crunch
- Global
Semler Scientific, a medical technology company, announced that it bought 581 bitcoin for roughly $40 million.
The company also adopted bitcoin as its primary treasury reserve asset.
Semler is listed on Nasdaq under the ticker SMLR. The stock took off after the announcement, soaring over $25 at time of publication.
“Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment,” said Eric Semler, Semler Scientific’s Chairman, in a press release.
The company, he added, believes that bitcoin can act as an inflation hedge and safe haven against global instability.
Read more: Q&A: Lemon CFO…
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In this interview, renowned actors and artists Vincent D’Onofrio and Laurence Fuller give an insight into the creative process behind their artwork ‘No Fear, No Greed, No Envy’. It is the latest work of the collaborative initiative Graphite Method and represents a fusion of film history, digital art and poetic expression immortalized as a Bitcoin Inscription. What is special about the artwork is that the frame of the triptych and the word poem change daily at 19:19 UTC.
https://ordinals.com/inscription/97180c1a34fd5dbbdf3afcc5fc3708af63d0bb486fe224bdb7f0e2d4bb51efd7i0
STEVEN REISS: ‘No Fear, No Greed, No Envy’ is your fascinating new project. Can you share with us the inspiration…
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LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members.
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For the third week running, digital asset investment products have recorded an outstanding inflow, which takes the year-to-date total to $14.9 billion. CoinShares also commented that last week, bitcoin exchange-traded products recorded $1.01 billion in inflows. This came in the wake of the expected optimism in the market following favorable readings from the latest FOMC minutes and the latest macro data.
After regulators in the U.S. last week gave the approval sign in favor of ether exchange-traded funds, the momentum has also seen Ethereum bring in $36 million in inflows. This cements the role of Ethereum even more strongly in the crypto space, and at a time when digital asset ETPs are at an all-time high of $98.5 billion.
Market flows have seen a 28% increase in the volumes of ETP trading for the week, rising to $13.6 billion. While the U.S. region still dominates investments in terms of flows, other regions, including Germany and Switzerland, exhibit huge activity as opposed to the outflows experienced by Hong Kong in their spot bitcoin ETFs.
It’s all about governance bro
Governance tokens are in the midst of a reckoning.
UNI and MKR are, in many ways, DeFi’s most important experiments. But right now, the tokens themselves are suffering from the successes of their respective protocols.
Both sit at the very heart of what makes DeFi so compelling: Uniswap enables peer-to-peer trading on an open, neutral platform that can’t be stopped or gatekept. Maker manages an overcollateralized, debt-backed and censorship-resistant stablecoin, DAI, the market’s third-biggest with $5.3 billion in circulation.
Both protocols allow token holders to participate in governance — tweaking the knobs on aspects of the platform, voting…
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Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK.
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Bitcoin Magazine recently sat down with Lisa, founder of Bitcoin++ and the Base58 Bitcoin Developer course, to discuss her work and vision for structured education in the Bitcoin space.
Lisa’s journey in the Bitcoin space has been multifaceted. Currently working part-time with Blockstream on core Lightning projects, she also operates Base58, a platform designed to provide mid to senior-level developers with in-depth knowledge of Bitcoin technical development. This initiative stems from her belief that structured education can significantly enhance the Bitcoin development community’s capabilities.
“Structured education is hard, like good curriculum,” Lisa stated. “The pathways…
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The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees.
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In a significant move toward embracing Bitcoin, Argentina is turning to El Salvador, the pioneering nation that made history by adopting bitcoin as legal tender in 2021. This could signal an acceleration in Argentina Bitcoin adoption strategies.
High-ranking officials from Argentina’s National Securities Commission (CNV) have engaged in detailed discussions with their counterparts in El Salvador to learn from their groundbreaking experience with Bitcoin.
This collaboration marks a crucial step for Argentina as it navigates the complex landscape of Bitcoin regulation and adoption.
Argentina has been increasingly focused on integrating digital assets into its financial…
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