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blockonomi.com Investors End Class Action Against Strategy Over Bitcoin Rules

TLDR Investors in Strategy Inc. have voluntarily ended their class action lawsuit over Bitcoin accounting misrepresentation. The lawsuit claimed that Strategy misled shareholders about the impact of new cryptocurrency accounting rules. The court dismissed the claims with prejudice, preventing the same lawsuit from being filed again. Other shareholders still have the option to pursue future [...] The post Investors End Class Action Against Strategy Over Bitcoin Rules appeared first on Blockonomi.

bitcoinist.com ZachXBT Blasts Ripple Holders, Reveals Why He Does Not Assist/Support The XRP Community

The crypto space is talking after blockchain investigator ZachXBT turned his attention to Ripple investors and the XRP community at large. In a series of direct posts, he stated that he does not support Ripple holders and even joked that he would mock anyone who sent him a private message.  ZachXBT Calls XRP Holders “Exit […]

news.bitcoin.com Report: Stablecoin Exchange Reserves at All-Time High as Capital Inflow Slows

A new divide in crypto liquidity is taking shape as stablecoin exchange reserves climb to unprecedented levels even while market capitalization growth cools, according to a new report from Cryptoquant’s analysts. Stablecoin Exchange Reserves Climb to $68B Onchain analytics firm, Cryptoquant, and data from cryptoquant.com, highlight that stablecoin exchange reserves have hit a record $68 […]

bitcoinist.com Tron Cuts Network Fees By 60% To Strengthen Position In Stablecoin Market

The Tron (TRX) network has made headlines by approving a significant reduction in transaction fees, cutting them by up to 60% following a majority vote within the community, as rising fees have been seen as a barrier to user participation and ecosystem development. Fee Adjustments On Tron The proposal to lower fees was driven by […]

bitcoinist.com CoinShares Reports $32.4 Million Net Profit in Q2, What’s Behind The Gains?

European crypto asset manager CoinShares has released its second-quarter results, showing a net profit of $32.4 million. The figure, while slightly down 5.3% from the prior quarter, represents a 1.9% increase year-over-year, supported by growing management fees, improved treasury performance, and strong momentum in physically backed products. The company attributed the results to a surge […]