Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Hinman Speech Under Scrutiny: SEC Digs into Ethereum’s “Non-Security” Label
In a pivotal move, the U.S. Securities and Exchange Commission (SEC) is concluding its investigation into a potential financial conflict of interest involving William Hinman, a key figure in the agency, especially regarding cryptocurrency matters. The inquiry was triggered by a referral from Empower Oversight, a watchdog organization dedicated to transparency and accountability in government …
Qadir AK·16 Feb 20242 min
MicroStrategy’s Bitcoin Bet Pays Off: $10 Billion Profit and Counting!
Amid the Covid-19 crisis, MicroStrategy’s CEO, Michael Saylor, made a savvy move by shifting the company’s cash into Bitcoin. This decision has now paid off handsomely, with profits exceeding $4 billion. MicroStrategy (MSTR) holds the title of the largest corporate Bitcoin owner, having acquired 190,000 bitcoins for $5.93 billion ($31,224 per coin) by the end …
Qadir AK·16 Feb 20242 min
TRON’s Bitcoin Layer 2 Breakthrough: Justin Sun Reveals Bold Plan
The recent news from Justin Sun that TRON is releasing a groundbreaking Bitcoin Layer 2 solution excites the blockchain community. It marks a big step forward in efforts to make all blockchains work together. TRON’s Bitcoin Layer 2 Solution Unveiled This innovative project aims to quickly connect different types of tokens on TRON’s network to …
Qadir AK·15 Feb 20242 min
Bitcoin Price Hits New All-Time-High In THIS Country
In the midst of Japan’s recent economic downturn, there’s a notable uptick in Japanese interest in Bitcoin. This resurgence sparks fresh discussions on the ongoing debate between traditional currencies and the allure of cryptocurrencies. As the yen takes a dip to a 33-year low against the dollar, Bitcoin stands out as a reliable option amid …
Qadir AK·15 Feb 20242 min
BONK Price Rockets 15% on Revolut Listing Rumor: Memecoin Rally Begins?!
In a potential game-changer for the journey of Solana’s meme coin, Bonk, European fintech giant Revolut is contemplating its listing. This move signifies a pivotal moment for the token’s shift towards mainstream adoption and is part of the broader Learn and Earn $1.2 Million campaign. Read on to separate the hype from the potential and …
Qadir AK·15 Feb 20242 min
Citi Bank, WisdomTree, Wellington Bet on Private Fund Tokenization on Avalanche
On February 14, 2024, Citi Bank, in collaboration with Wellington Management and WisdomTree, achieved a significant milestone by conducting a proof of concept on the tokenization of private funds. This groundbreaking initiative took place on the Avalanche Spruce institutional test Subnet, showcasing the potential of smart contracts to transform traditional assets. Here’s more information about …
Qadir AK·15 Feb 20242 min
Genesis to Sell $1.3 Billion GBTC Stake: Bitcoin to Brace for Impact?
In a significant development, Genesis Global Holdco LLC, a subsidiary of Digital Currency Group (DCG), has been given the green light by a U.S. bankruptcy court to liquidate around 35 million shares in Grayscale’s GBTC fund. The value of this move is an impressive $1.3 billion, as authorized by Judge Sean Lane, who also allowed …
Qadir AK·15 Feb 20242 min
SEC’s Gary Gensler: Bitcoin ETF Nod Doesn’t Guarantee Ethereum ETF Approval
Gary Gensler is in the headlines almost daily and seems neck-deep in legal scoops and negative criticism of his leadership. SEC Chair Gary Gensler offered no new details on Ether ETF applications during a CNBC interview, maintaining the same procedural approach as Bitcoin ETFs. The SEC’s deliberate delay on multiple Ethereum ETF decisions sheds light …
Qadir AK·15 Feb 20242 min
Ripple CLO Criticizes Gary Gensler Amid SEC’s DEBT Box Decision
Recently Ripple CLO has spoken a lot on Gary Gensler’s role and Ripple vs SEC case complexities. His criticism is not isolated, as Paul Grewal, Coinbase’s legal head, has also voiced similar concerns. Both Alderoty and Grewal are shedding light on what they perceive as flaws in the SEC’s approach under Gensler’s leadership. Expert’s Took …
Qadir AK·14 Feb 20242 min