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MicroStrategy, the billion-dollar business intelligence firm that invested $425 million into bitcoin this year, has redirected the premium hope.com domain to a page focused on offering user educational resources on bitcoin.

San Francisco-based crypto exchange Coinbase has revealed it received 1,914 requests for customer data from law enforcement agencies throughout the world in the first half of this year. It isn’t clear how many of the requests were fulfilled.

Cryptocurrency payments platform Wirex has revealed it surpassed its crowdfunding target by over 370% after raising over £1 million ($1.2 million) in just 90 minutes.

Top stories in the Crypto Roundup today:

  • MicroStrategy Redirects Hope.com to Bitcoin-Focused Page
  • Coinbase Received 1,900 Law Enforcement Requests for Client Info
  • Binance Burns $68 Million of BNB in Its Largest Quarterly Burn to Date
  • UMA, OKB, JST Are Moving in the Crypto Market

 
24 hours chart of the price of BTC
 

MicroStrategy Redirects Hope.com to Bitcoin-Focused Page

 

MicroStrategy, the billion-dollar business intelligence firm that invested $425 million into bitcoin this year, has redirected the premium hope.com domain to a page focused on offering user educational resources on bitcoin.

The resources largely comprise press material explaining MicroStrategy’s $425 million bet on bitcoin. In a tweet explaining the redirection of Hope.com, MicroStrategy’s CEO, Michael Saylor, said bitcoin “represents hope to billions of people in need of an instrument of economic empowerment.”

MicroStrategy was notably the firm that sold Voice.com for $21 million to Block.one, the firm behind the EOSIO blockchain protocol, for it to launch a cryptocurrency-powered social media platform on the domain.

MicroStrategy also owns Wisdom.com, Strategy.com, Courage.com Glory.com, and other premium domain names.

 
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Coinbase Received 1,900 Law Enforcement Requests for Client Info

 

San Francisco-based crypto exchange Coinbase has revealed it received 1,914 requests for customer data from law enforcement agencies throughout the world in the first half of this year. It isn’t clear how many of the requests were fulfilled.

Coinbase released the data in its first transparency report, which claimed it has a user base of 38 million, and detailed that 97% of requests had to do with criminal investigations. U.S. agencies accounted for 58% of the requests, while 23% came from the UK, 16.5% from Germany, and the rest from other parts of the world.

Paul Grewal, Coinbase’s chief legal officer, pointed out most requests come in the form of subpoenas. Grewal noted that Coinbase respects the “legitimate interests of government authorities in pursuing bad actors who abuse others and our platform” but added that the firm “will not hesitate to push back where appropriate…”

The exchange’s report was published after the digital rights advocacy group Electronic Frontier Foundation (EFF) called for the exchange to be more transparent in how it handles authorities’ requests for users’ private financial data.

 
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Binance Burns $68 Million of BNB in Its Largest Quarterly Burn to Date

 

Cryptocurrency exchange Binance has burned $68 million worth of its own cryptocurrency, the Binance Coin (BNB), in its largest burns in terms of dollar value to date, and the fourth-highest in terms of the amount of BNB burned.

The exchange destroyed a total of 2,253,888 BNB tokens, effectively taking them out of circulation and increasing the scarcity of remaining tokens. Binance users a share of its profits to buy BNB from the market and burns the BNBs it buys every quarter, with the goal of reducing the cryptocurrency’s circulating supply to 100 million.

Last quarter, Binance burned 1.74% of the token’s circulating supply at the time or 3,477,388 tokens. The quarter before that it burned 1.69% of the supply, or 3.4 million tokens.

 
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UMA, OKB, JST Are Moving in the Crypto Market

 

There are several tokens leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with rather liquid trading pairs, so we’ll be focusing on these over low-cap cryptos who may have higher percentage changes.

UMA (UMA) – UMA is a project building “open-source infrastructure for priceless financial contracts on Ethereum” and its UMA token has moved up 14   07% in the last 24 hours to $8.5

OKEx (OKB) – The native cryptocurrency of the OKEx exchange, OKB, is up 4.19% In the last 24-hour period. OKEx’s token dropped in price late last week after the exchange froze withdrawals as its one of its private key holders was cooperating with authorities in an investigation.

JUST (JST) - JST is a part of the USDJ currency system on the TRON blockchain. Holders of JST can participate in the community governance of JUST and pay the stabilization fee for CDP borrowing in the JUST system. It’s up 2.64% in the last 24 hours.

State of the Crypto by Top Tier Exchange Volume

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