CRYPTO

Healthcare company Semler Scientific (SMLR), known for pursuing remedies to chronic diseases, announced a major shift in its treasury strategy. The company's board of directors adopted Bitcoin as its primary treasury reserve asset, alongside a substantial purchase of 581 Bitcoins for an aggregate amount of $40 million.

"Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment," (more…)

Collapsed cryptocurrency exchange Mt. Gox moved $9.62 billion worth of Bitcoin into a new wallet, raising hopes among creditors.

As Zoltan Vardai reporets at CoinTelegraph.com, the 141,686 Bitcoin was consolidated into wallet “1Jbez" from several other cold wallets associated with Mt. Gox.

These transfers are seen as a potential indication that users who have been unable to access their funds since 2014, when Mt. Gox suspended trading and withdrawals, might finally be (more…)

Back in late March, when prevailing consensus was that the SEC would not approve an ethereum ETF, and when its price had dramatically diverged from that of bitcoin, we took the other side.

Why was that? For several reasons: first of all, recall that in recent years, Wall Street had traditionally held ethereum, due to its smart contract nature and flexible architecture, in much higher regard than the relatively boring bitcoin, whose only role was to be "digital gold". None other (more…)