Friday, major technology corporations expressed strong criticism of a new Australian law that prohibits individuals under the age of 16 from accessing social media platforms. The law, which was passed late Thursday, has been described by these companies as having been "rushed" through parliament without adequate consideration of its implications.

Camp Century was established in 1959 and was initially presented as a research facility. However, it also served a covert military purpose, housing a clandestine missile facility known as Project Iceworm. This project aimed to deploy nuclear missiles beneath the Greenland ice, with plans for a massive base that could accommodate up to 2,000 firing positions for 600 missiles

The New York Department of Financial Services (NYDFS) is expected to approve Ripple Labs' RLUSD stablecoin, which is designed as an overcollateralized dollar-pegged stablecoin. This approval is anticipated to occur in the coming days, as reported by sources to Fox Business

Decentralized exchange Curve Finance has partnered with the blockchain network Elixir to enhance access to decentralized finance (DeFi) for BlackRock's tokenized money market fund, known as BUIDL. This collaboration aims to bridge traditional finance (TradFi) with DeFi, allowing users to engage with BlackRock's financial products in a decentralized manner.

Observers are expressing strong concerns that the US government's decision to sell a significant amount of Bitcoin, particularly the $6.5 billion worth seized from the Silk Road, could be a huge strategic mistake. This sentiment arises from the potential negative impact such a sale could have on the cryptocurrency market.

The US government has recently transferred approximately 19,800 Bitcoin (BTC), valued at around $1.9 billion, to Coinbase Prime. This Bitcoin was seized from the notorious Silk Road marketplace, which was shut down due to its involvement in illegal activities

Bitcoin is finding a new purpose in the world of Decentralized Finance (DeFi) through innovative mining-backed models. This development allows investors to utilize their Bitcoin holdings in ways that were previously not possible, bridging the gap between traditional Bitcoin ownership and the dynamic DeFi ecosystem.

Acquisition Strategy: MARA has adopted a hybrid approach to Bitcoin acquisition, combining mining operations with direct purchases. This flexibility allows the company to capitalize on favorable market conditions, particularly during price declines, optimizing its acquisition costs

Total Holdings: Following this purchase, MicroStrategy's total Bitcoin holdings have reached approximately 553,555 BTC, valued at around $53 billion at current market prices.

Investment Strategy: MicroStrategy has been consistently buying Bitcoin as part of its corporate treasury strategy, which began in 2020. The company has utilized various financing methods, including equity sales, to fund these acquisitions

BlackRock's Bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust (IBIT), has recently achieved a significant milestone by surpassing 500,000 BTC in holdings, which is currently valued at approximately $48 billion. This development highlights the growing interest among investors in gaining exposure to Bitcoin without the complexities associated with direct ownership, such as operational, tax, and custody issues

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The emergence of Bitcoin as a decentralized currency has revolutionized the way individuals interact with money. Unlike traditional financial systems that rely on central authorities, Bitcoin operates on a peer-to-peer network, granting users unprecedented control over their finances. This blog post explores how Bitcoin empowers users by providing financial autonomy,

News organisations including the Toronto Star, Metroland Media, Postmedia, The Globe and Mail, The Canadian Press and CBC have all joined the suit, reportedly the first of its kind in the country

Ethena Labs and Securitize are collaborating to submit a proposal for Ethena's USDtb stablecoin to be featured in Spark's $1 billion Tokenization Grand Prix. This competition aims to bring real-world assets (RWAs) into decentralized finance (DeFi) by offering liquidity to selected participants. The goal is to onboard traditional assets like securities and real estate into the crypto ecosystem.

The cryptocurrency market throughout Indonesia has experienced extended turbulence in the wake of its 2021 high of approximately $54 billion. 2022 saw a significant decrease, largely attributed to the “dual taxation” policy implemented by the government, which saw a 0.1% tax added to crypto gains on top of standard gains taxes.

Trump slapped his hand on the table and gave Musk’s shoulder a friendly pat, and Musk pumped both fists in the air. Musk, who owns the social media platform X, wore a black blazer and a t-shirt with an “X” emblazoned on it. Trump smiled, turning to Barron and Melania, as other dinner guests stood around taking photos and clapping along.

Meta plans a $10 billion global underwater cable project spanning 25,000 miles, TechCrunch reported.

The project is reportedly in the early planning stages, though the exact route has not been announced.

Meta aims for sole cable ownership of the cable, avoiding geopolitical tension areas like the Red Sea.

Nov 29 (Reuters) - The S&P 500 and Dow Jones Industrial Average notched record closing highs in a shortened Black Friday session, lifted by technology stocks such as Nvidia (NVDA.O), opens new tab, while retail was in focus as the holiday shopping season kicked off.

Information technology stocks (.SPLRCT), opens new tab helped boost the benchmark S&P 500 and blue-chip Dow, which was also aided by industrial stocks.

BRICS Sherpa Sergey Ryabkov confirmed to reporters that the bloc will not scrap the formation of a new payment system. Speaking to reporters at the Sherpa meeting, the diplomat doubled down saying that there’s no turning back on launching the new BRICS payment system. The goal of the new system is to sideline the US dollar and settle cross-border transactions in a basket of local currencies.

Further fueling optimism, Ryan Lee, chief analyst at Bitget Research, forecasts that XRP could reach approximately $2.57 by the end of December 2024. This projection is based on historical patterns where XRP has shown significant growth approximately 228 days after a Bitcoin halving event

Bitcoin has indeed entered the "parabolic phase" of its market cycle, with analysts projecting a local top exceeding $110,000 by January 2025. This phase is characterized by rapid price acceleration, often driven by heightened investor enthusiasm and favorable market conditions.

As of now, Bitcoin is trading at approximately $94,678, reflecting a slight decline of 1.27% from the previous close.