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5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.
Josh Swihart Becomes CEO of Electric Coin Company (Zcash) as Zooko Wilcox Steps Down
Josh Swihart replaces Zooko Wilcox as CEO of Electric Coin Company, bringing a strong background in technology and product development to drive the growth of Zcash.
Hackers Demand $1 Million in Bitcoin Ransom After Hacking Computer Systems of Insurance Firm
Israeli’s largest insurance company fell victim to hackers this week and must pay huge amounts of funds in cryptocurrency to regain access to its data.
Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates
Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders
Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home
Ripple CEO Brad Garlinghouse said that his company has earmarked Singapore and Japan as the most crypto-friendly countries where Ripple Labs could relocate.
Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day
Grayscale Investments CEO Barry Silbert has announced a breathtaking increase of $300 million in AUM after a single day this week as Bitcoin went on its $13K bull run.
Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers
The J.M. Smucker Company, known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.
Musk's Boring Company to Accept Payment in Dogecoin
Elon Musk's The Boring Company will accept payment in Dogecoin for rides in its Las Vegas Loop, a CNN report stated.
Latin America E-Commerce Giant MercadoLibre Purchases $7.8 Million Worth of Bitcoin
Mercadolibre announced a $7.8 million Bitcoin purchase, believing deeply in the cryptocurrency.
Japanese Asset Manager Nomura to Launch New Digital Company
Nomura Holdings Inc has announced its plans to transform its Future Innovation Company into a full-fledged Digital Company.
Wealthfront To Enable Cryptocurrency Investments for its Clients
Wealthfront is the latest mainstream firm that plans to offer cryptocurrencies to its clients.
Turkish Crypto Exchange Goes Bankrupt, Customers Locked Out of Their Funds
Thodex crypto exchange has gone offline and its customer service vanished too, thus leaving users in the dark.
NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case
The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.
Mastercard Enhances Crypto Wallet and Exchange Business
Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.
Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020
Mike Novogratz recognizes MassMutual insurance company’s move to purchase $100 million in Bitcoin as the most important cryptocurrency news of the year 2020.
iFinex Proposes $150 Million Share Buyback from Bitfinex Hack Victims
iFinex, Bitfinex's parent company, plans a $150 million share buyback to re-acquire shares given as compensation for a 2016 hack. The offer follows a valuation surge from $120 million in 2016 to $1.7 billion, providing an exit route for investors. Shareholders have until October 24 to respond to the buyback offer.
SEC Charges FTX Auditor Prager Metis Over Independence Violations
The SEC has charged Prager Metis with violations of auditor independence laws, drawing attention due to its previous engagement with cryptocurrency exchange FTX, which filed for bankruptcy in 2022. The legal action emphasizes the crucial role of auditor independence in ensuring financial transparency and investor protection.
Grayscale Investment Company Receives FINRA Approval to Trade Bitcoin Cash and Litecoin Publicly
US regulators have approved shares of Grayscale Investment’s Litecoin and Bitcoin Cash Trusts for public trading.
DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda
Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.
Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe
Bithumb cryptocurrency exchange is set up for sale amid accusations of the alleged fraud.
Our Happy Company's NFT Platform OurSong Integrates with Circle
Web3 infrastructure platform Our Happy Company launched its social NFT platform OurSong and integrated with the issuer of stablecoin USD Coin (USDC) Circle.
Ripple Expands Digital Asset Custody with Acquisition of Standard Custody & Trust Company
Ripple acquires Standard Custody & Trust Company, strengthening its position in institutional digital asset custody market, enhancing regulatory portfolio and service offerings.
Accounting Firm Wolf & Company Pairs with Bitpay to Accept Crypto Payments
Leading regional CPA firm providing insightful financial accounting and audit services Wolf & Company partners with cryptocurrency payment processor BitPay to accept cryptocurrency payments
Could Bitcoin’s Next Price Boost Come from $8.5T in Sovereign Wealth Funds?
A prominent on-chain analyst believes Bitcoin's next boost is likely to come from sovereign wealth funds which hold around $8.5 trillion AUM, being managed by nations.
Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin
Grayscale Investments has expanded its product line by launching new investment trusts including Chainlink, Filecoin, and Basic Attention Token.
Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds
Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.
Fintech Uala Rolls Out Crypto Trading in Argentina
The new service will let users buy and sell Bitcoin and Ether in Argentina.
General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin - GM CEO
General Motors CEO Mary Barra has revealed that the car producer could accept Bitcoin as a payment method, but this would depend on whether there is customer demand.
Chinese state company launches crypto funds
CPIC Investment Management, a subsidiary of China Pacific Insurance, is launching two crypto funds with Waterdrip Capital, targeting institutional and wealthy private investors. The funds will focus on investments in early-stage blockchain projects and proof-of-stake digital assets.
Bitcoin Becoming More Mainstream While Bond Trading Is Dying, Says Australian Investment Firm
Pendal Group investment management company has announced that it is now in the Bitcoin business. It is taking a stake in Bitcoin through futures contracts.
Grayscale Now Owns 2.4% of BTC Circulating Supply
Over the past week, crypto fund management firm Grayscale Investments increased its assets under management by $180 million in the firm’s Bitcoin Trust.
Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange
AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.
Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder
Worldmoney Financial Blockchain Co., Ltd, the parent company of Blockchain.News, announced the addition of Mr. Chau Cheuk Wah as company shareholder.
TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper
TikTok owners agree to a new partnership to advance blockchain advancements with Chinese News Outlet, Shanghai Dongfang Newspaper Company.
Chinese Tech Company Tencent Launches Blockchain Accelerator
Tencent, the Chinese multinational conglomerate, on April 29, 2020, announced the launch of its new blockchain accelerator which is now open to both mature and early-stage blockchain-based startups. The 'Tencent Blockchain Accelerator' will allow the selected projects to reap special benefits like four mentoring meetings every year, a rich network of industry experts, and the opportunity to learn more about the international blockchain community.
Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining
Grayscale parent company DCG has announced its entry into Bitcoin mining.
Norway's Second-Richest Man Pumps $60M into Bitcoin and Establishes a Crypto Company
Norway's Kjell Inge Røkkes Aker has launched a crypto company Seetee and invested $60 million into Bitcoin.
Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil
Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.
Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless
Bitmain recently released an official statement in which it disputed the claims of Micree Zhan, the former CEO, over the ownership of a majority stake of the company.
Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe
Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.
Crypto Escrow Company Promises Bitcoin, Pleads Guilty to Defrauding Client Over $3 Million
Jon Barry Thompson, the executive of Volantis Market Making cryptocurrency escrow company, has pleaded guilty in a crypto escrow scam worth $3.25 million.
The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation
The Electric Coin Company (ECC) stated that it is officially passing the Zcash trademark registration and protection to the Zcash Foundation by signing a contract.
Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market
Gemini exchange excitedly announced the launch of its own cryptocurrency insurance company which turned out to be regarded as the most crypto custody with the widest coverage at the moment. Named Nakamoto, Ltd.