Crypto Analyst Claims MicroStrategy Is “On The Ropes” Amidst Bitcoin Selloff

MicroStrategy and its head honcho Michael Saylor have become synonymous with Bitcoin, responsible for kicking off the corporate treasury reserve trend that’s transpired ever since. As a result of the innovative, albeit risky move, company shares skyrocketed to revisit dot com-bubble resistance levels. The rejection, has left MicroStrategy “on the ropes” amidst the recent Bitcoin…

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Microsoft deploys solution on Bitcoin, calls it the most secure network

Senior Product Manager for Decentralized Identity at Microsoft, Daniel Buchner, has confirmed the release of ION. Deployed on the Bitcoin mainnet, this solution is a permissionless public network for Decentralized Identifiers (DIDs). Implemented on Bitcoin’s blockchain, it operates as a second-layer solution to support a DIDs/DPKI (Decentralized Public Key Infrastructure) at scale, according to its…

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50 Cent Associate Jay Mazini Accused of $2.5m Bitcoin Scam Against IG Followers

Federal prosecutors caught up with social media influencer Jay Mazini yesterday, charging him over a $2.5mn Bitcoin fraud. Mazini, whose legal name is Jebara Igbara, is alleged to have exploited his Instagram followers in a BTC for cash scheme. Jonathan D. Larsen, the Special Agent-in-Charge at the Internal Revenue Service-Criminal Investigation, said: “This defendant allegedly…

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