🧊 Coinbase emphasized “priority ına for frozen accounts

Coinbase CEO Brian Armstrong announced that the crypto exchange is working to solve the frozen user accounts, which the crypto exchange describes as a “priority problem”.

🔹 According to Armstrong’s statement:

ACCOUNT FOUND CREAM COSTS DECREASED by 82 %

Coinbase Support Team is active for the remaining problems

“This problem has been going on for a long time to be accepted. So it has become our priority issue, Arm Armstrong said.

In recent years, Coinbase was receiving serious criticism for sudden and long -term account locks. This became even more complex with the data leakage including more than 70,000 accounts recently.

🟧 Michael Saylor said ‘Send More Orange’ for the purchase of new Bitcoin

Michael Saylor, the founding partner of Strategy, signaled a new Bitcoin purchase with his “Send More Orange” sharing on June 8th.

🔸 The company that has been purchasing Bitcoin on a row for 9 weeks:

Finally, 705 BTC purchases (about 75 million dollars)

Total BTC Asset: 580,955 BTC (~ 61.4 billion dollars)

Average Purchase Price: $ 106,495

The company’s current unrelated earnings is 20.6 billion dollars

Saylor’s sharing came immediately after Strategy’s newly announced $ 1 billion of stocks. Most of this fund will be used for more Bitcoin purchase.

💬 Tether CEO rejected the public offering: “515 billion remained low”

TETHER CEO Paolo Ardoino said that after the opponent Circle was opened to the public in NYSE, Tether did not have an IPO plan:

“No need to open to the public.”

🔹 Ardoino also mentioned the following points:

Potential valuation of $ 515 billion in the event of Tether is “slightly low”, according to CEO.

“Considering the size of our Bitcoin and Golden Treasury, this valuation may remain light.”

Circle entered NYSE on June 5, increasing its shares 167 %on the first day. With this development, the visibility of the USDC increased, while the company behind the USDT chose to remain special.

📌 Theme of the day:

Today’s developments reveal the prominent discussions in the crypto sector in terms of trust, corporate strategy and digital asset management. While Coinbase focuses on user support, Strategy Aggressive Bitcoin continues to accumulate, while Tether continues its strategy to be silent power.