Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.”
Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin
The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday…
On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the new crypto investment products are currently listed on Börse…
The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of value. The warning comes as Sudan is grappling with an economic crisis that worsened after the civilian government was deposed by the…
Argentinian Tax Agency Amps Up Scrutiny for Crypto Traders and Holders With New Requirements
March 30, 2022
The Argentinian Tax Agency (AFIP) is watching the movements of cryptocurrency traders and holders, to tighten its control over their transactions. The institution is now sending emails to Argentinian citizens asking for a series of data regarding supposed cryptocurrency operations made in their names. The agency requires the public keys of the citizen and a list of transactions made during a…
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating…
While Apple in no way invented Bluetooth trackers, AirTags undoubtedly popularized the category this past year. There are ongoing concerns about these readily available devices being used to track people, and tag makers have taken steps to counter that. Google might soon add…
While Apple in no way invented Bluetooth trackers, AirTags undoubtedly popularized the category this past year. There are ongoing concerns about these readily available devices being used to track people, and tag makers have taken steps to counter that. Google might soon add a Bluetooth tracker detection capability directly into Android.
About APK Insight: In this “APK Insight” post, we’ve…
Vietnamese EV brand Vinfast announces North American manufacturing site will be built in North Carolina
March 30, 2022
Following entry into the North American market and plans for an HQ on American soil, Vietnamese EV automaker Vinfast, announced that North Carolina will be its new home for US manufacturing. The site in Chatham County, North Carolina, will soon house both an automotive…
GM has been spotted benchmarking a Tesla Model S Plaid and Model 3. The latter appeared to be in order to test Tesla’s Summon feature.
Tesla has had a lead in electric vehicles for a long time, which made its vehicles popular for other automakers to benchmark as they…
Quick Charge Podcast: March 29, 2022
March 30, 2022
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
