MicroStrategy Plans $700M Note Sale, Doubles Down on Bitcoin Strategy
MicroStrategy, led by Michael Saylor, is the largest corporate Bitcoin holder with 244,800 BTC valued at $14.2 billion.
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Government of India Launches Vishvasya-Blockchain Technology Stack To offer Blockchain-as-a-Service
MeitY also unveiled the NBFLite-Lightweight Blockchain Platform, Praamaanik - an innovative blockchain-enabled solution for verifying mobile app origin and National Blockchain Portal.
Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network
With this funding, Huma plans to expand its PayFi network to the Stellar smart contract platform and Solana, ensuring accessibility across major payment-focused blockchains.
India’s FIU Likely to Approve Two More Foreign Crypto Exchanges Soon
After approving Binance and KuCoin, the FIU has received applications from four other exchanges, and at least two are likely to be allowed to operate by the end of FY25.
Crypto Hacks Surged in August, Over $313M Lost in Multiple Attacks
The two largest incidents, both involving phishing attacks and unauthorized transfers, accounted for a staggering 93.5% of the total stolen funds, totaling $293.4 million.
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