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IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

The IRS shook up the US crypto sector last year, when it issued Letter 6137 to American taxpayer’s which demanded that all citizens declare any unreported crypto gains within 30 days. One year on and an IRS watchdog has slammed the letter as a violation of the Taxpayer Bill of Rights.

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar

Federal Reserve Chair Jerome Powell says it will be up to United States lawmakers whether or not to bring a digital dollar to the market.

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.

Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon

Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon

A leaked trove of US official documents revealed that five major banks were involved in illicit transactions pertaining to mobsters and crypto Ponzi schemes.

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage

United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.

United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

United States Congress will vote today on a bill that specifically aims to ensure the US remains competitive with China in the race for blockchain supremacy.

United States Moves Forward With Crypto Regulation

United States Moves Forward With Crypto Regulation

Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.

Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb

Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb

Coinbase CEO Brian Armstrong shared rumors that the Trump Administration may rush crypto wallet regulations on traders with privacy-invading data-collection requirements.

US House of Representatives Passes Blockchain Innovation Act On to the Senate

US House of Representatives Passes Blockchain Innovation Act On to the Senate

Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

Kenneth Blanco, the Director of the FinCEN warned banks to seriously consider how virtual currencies should fit into their anti-money laundering (AML) policies.

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

After being nominated by President Joe Biden, the United States Senate has now confirmed former Federal Reserve Chair Janet Yellen to serve as Treasury Security.

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.

Can XRP Token Price Ever Recover from SEC Lawsuit Against Ripple?

Can XRP Token Price Ever Recover from SEC Lawsuit Against Ripple?

Ripple CEO Brad Garlinghouse remains defiant in the face of the SEC’s lawsuit but the XRP token continues to lose value with multiple exchange de-listings. Can XRP recover?

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Russian President Vladimir Putin has signed a bill addressing the ban on the use of digital financial assets (DFA) for payments

US Department of Justice Releases Cryptocurrency Enforcement Framework

US Department of Justice Releases Cryptocurrency Enforcement Framework

The US Department of Justice (DOJ) has released a cryptocurrency enforcement framework, which offers a comprehensive overview of the emerging threats in the crypto space.

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.

US House Committee Chairman Seeks Insights into Crypto Retirement Plans

US House Committee Chairman Seeks Insights into Crypto Retirement Plans

Bitcoin is increasingly becoming a larger part of many institutional portfolios, including pension funds. A number of public pension funds, which have been investing in private equities to increase their investment yields, are now investing in cryptocurrencies.

UK Requests Crypto Exchanges to Report Suspected Sanction Breaches

UK Requests Crypto Exchanges to Report Suspected Sanction Breaches

The UK authorities have introduced the new rules in response to Russia’s invasion of Ukraine. The regulations cover all valuable digital assets.

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site

Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.

SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO

SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO

The US Securities and Exchange Commission (SEC) has revealed that it has received a final judgment in a US district court action against Eran Eyal, the CEO and founder of Shopin token offering for carrying out an allegedly fraudulent ICO.

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

The US Department of Justice charged a Florida native with wire fraud, for soliciting investors in a diamond-backed cryptocurrency Ponzi and investment scam.

SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify

SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify

The United States Securities and Exchange Commission has voted to adopt rule amendments to expedite the review procedure for companies applying for public listing, which could potentially create an expedited and cheaper application process for crypto and blockchain ETFs.

Russia Mulling the Idea to Build a Crypto Platform on the Moscow Stock Exchange

Russia Mulling the Idea to Build a Crypto Platform on the Moscow Stock Exchange

Russian lawmakers are mulling the idea that the government could create a cryptocurrency trading platform that will be an offshoot of the Moscow Stock Exchange.

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

Two U.S. lawmakers have questioned Tron founder Justin Sun and DLive CEO Charles Wayn in the wake of the Capital riots—asking them how they moderate extremist content.

Ethereum Developer’s Trial for Attendance at North Korea Blockchain Conference Set for September 2021

Ethereum Developer’s Trial for Attendance at North Korea Blockchain Conference Set for September 2021

Ethereum researcher Virgil Griffith has been accused by the US government of assisting North Korea in questionable affairs involving cryptocurrencies.

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.

Mersinger feels crypto regulation is needed

Mersinger feels crypto regulation is needed

Commissioner Summer Mersinger suggested that the time to act on cryptocurrency regulation may have arrived. "We are getting to the point that maybe we are past the education stage and now it's the action [stage]," she said. She dissented from the commission's treatment of Ooki DAO, calling it regulation by enforcement. Real-time proof of reserves may be part of digital asset regulation in the future.

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

U.S. regulators have issued a strict warning on money laundering risks associated with stablecoins and has warned providers to tighten AML protections and controls.

Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams

Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams

Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.

Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities

Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities

The US SEC is suing Ripple for selling its XRP token, meanwhile, Crypto Twitter has erupted with support and criticism of the less than decentralized crypto firm.

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

National Intelligence Director John Ratcliffe has warned the US Securities and Exchange Commission that China’s cryptocurrency dominance could put the US at a disadvantage.

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple's Chief Executive Officer has hinted that unfavorable regulations may force the company to relocate its headquarters out of the United States.

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.

SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation

SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation

Hester Peirce, Commissioner of the Securities and Exchange Commission has continued her push for regulatory clarity on crypto and blockchain projects to encourage innovation in the US capital markets.

SEC Charges Crypto Project Unikrn $6.1M for ICO Violations

SEC Charges Crypto Project Unikrn $6.1M for ICO Violations

The Securities and Exchange Commission (SEC) has charged Unikrn for conducting an unregistered initial coin offering of its native token, UnikoinGold (UKG).

New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets

New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets

The new regulation by the CFTC is designed to benefit digital currencies in the era of the growing involvement of cryptocurrencies in the derivative market

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.

US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers

US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers

The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.

US Treasury Secretary Janet Yellen Cites Crypto’s Growing Role in Terrorism Finance

US Treasury Secretary Janet Yellen Cites Crypto’s Growing Role in Terrorism Finance

US Treasury Secretary Janet Yellen said she sees the “promise” of cryptocurrency but also is wary of the reality that crypto is increasingly being leveraged to finance terrorism

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official

With the pretrial for the SEC lawsuit against Ripple Labs looming, a joint letter has been presented by both parties to lay out arguments for the case.

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.

SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025

SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025

The United States Senate has voted in Commissioner Hester Peirce of the Securities and Exchange Commission for a second term that will see her remain with the regulator until 2025.

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.

US CFTC Charges BitMEX For Operating Illegal Crypto Derivatives Exchange

US CFTC Charges BitMEX For Operating Illegal Crypto Derivatives Exchange

The United States CFTC has charged operators of BitMEX for operating an unregistered trading platform and violating anti-money laundering procedures.

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being.

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.

What Biden’s Presidency Could Mean for Crypto

What Biden’s Presidency Could Mean for Crypto

With Joe Biden's presidential win, the crypto community has speculated on how this would impact the industry.

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

A new platform has shown through trial methods that Japanese real estate fund was more efficient, transparent, and compliant with the use of digital securities and blockchain technology.

South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform

South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform

Sparkplus, a South Korean office sharing company, has announced a partnership with tech startup Kasa Korea for a blockchain-enabled real estate funding platform. Through the strategic collaboration, Sparkplus seeks to revolutionize Seoul’s sharing economy through a decentralized network that would enable people without much money to collectively and indirectly fund real estate.

Combating Deforestation with Blockchain in Africa: Everything You Need to Know

Combating Deforestation with Blockchain in Africa: Everything You Need to Know

Have you ever thought of how blockchain can fight deforestation? Surprisingly, this application works. MIPAD startup demonstrates how blockchain is useful in tackling the deforestation crisis in Africa.

LedgerX Co-Founders Put on Leave Following US CFTC Scrutiny

LedgerX Co-Founders Put on Leave Following US CFTC Scrutiny

Ledger Holdings face trouble surrounding Bitcoin Futures trading markets. The CFTC has come forward to make it clear that any trading in the USA must be certified and then released to the public.

Xinyuan Employs X-Bolts Blockchain for Real Estate Transformation

Xinyuan Employs X-Bolts Blockchain for Real Estate Transformation

Xinyuan, a real estate property manager and developer primarily operating in China, seeks to win market recognition and accelerate innovation in this sector by using the X-Bolts blockchain.

Henry Cheng's owned Knight Dragon to Issue 100,000 Tokens for Luxury Real Estates in London

Henry Cheng's owned Knight Dragon to Issue 100,000 Tokens for Luxury Real Estates in London

Hong Kong property tycoon Henry Cheng's owned Knight Dragon announced Tuesday that it plans to issue 100,000 security tokens, named KDB4 for investors to invest in real estate items in London.

US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy

US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy

United States Commissioner of the Commodities and Futures Trading Commission (CFTC), Brian Quintenz spoke about the current and future regulation in Fintech at the Singapore Fintech Festival held last week.

Washington Developer Harbor Custom Development to Accept Payments in Crypto

Washington Developer Harbor Custom Development to Accept Payments in Crypto

Real estate investors in Washington will have more options by paying cryptocurrencies, as the Washington-based Harbor Custom Development Inc is launching the service by the end of January.

Propy Partners with Crypto Lending Platform Abra, Launching Crypto-backed Real Estate Loans

Propy Partners with Crypto Lending Platform Abra, Launching Crypto-backed Real Estate Loans

Blockchain-based real estate transaction management company Propy has partnered with digital asset wealth management platform Abra to open up a path to obtain real estate loans with digital assets as collateral.

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World

Telegram CEO Pavel Durov has announced that they are calling it quits on the Telegram Open Network (TON) and its Gram tokens after a drawn-out battle with the United States Securities and Exchange Commission.

Protego Becomes the Second Federally Chartered Crypto Bank in United States

Protego Becomes the Second Federally Chartered Crypto Bank in United States

Protego, Washington state-chartered trust firm, has received a conditional approval from the OCC to become the second nationally chartered crypto bank in the U.S.

First-Ever Real Estate Blockchain Portal Set to Launch in the UK

First-Ever Real Estate Blockchain Portal Set to Launch in the UK

OpenBricks is eyeing to be the world's first blockchain-based portal as it won’t have any centralized authority, as well as many staff because it will thrive on agents’ own servers using a distributed ledger network.

$134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland

$134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland

Switzerland has just recorded one of its first real estate tokenization and sale on the blockchain. The asset involved in this transaction is a building sitting on the prestigious Bahnhofstrasse in Zürich.

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.

Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0

Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0

Tata Motors seeks to get blockchain-based solutions through a program deemed TACNet 2.0.

Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?

Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?

Blockchain and tokenization could prove to be ideal in fighting the wealth inequality challenge as they can break the vicious cycle of wealth inequality by prompting ownership of high-performing asset classes. This will enable any person to invest and partially own lucrative assets, such as commercial real estate.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Crypto exchanges and companies in India are still seeking regulatory clarity and tax status from the Reserve Bank of India following a Supreme Court ruling in favor of the crypto industry earlier this year. India’s Supreme Court reversed the ban placed by the central bank on financial institutions offering crypto-related banking services. It is two months after lifting the ban, crypto exchanges and firms are now seeking clarification regarding the nature of their operations.

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.

Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress

Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress

A crypto bill suggesting that certain cryptocurrencies should be exempted from securities laws has been reintroduced to US Congress for review.

tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK

tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK

tZERO has announced that it has collaborated with Alliance Investments for the sole aim of tokenising River Plaza worth around $25 million.

UK Real Estate Developer Brik by Brik Launches its Property Investment Ecosystem

UK Real Estate Developer Brik by Brik Launches its Property Investment Ecosystem

Brik by Brik, a major UK-based property development company, is making a long-term bet on the growing cryptocurrency market. The company announced that it will announce the launch of Brikn, a DAO ecosystem on the blockchain.

Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller

Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller

The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Arte by Antonio Citterio, a high-end luxury condominium located in Miami, announced to accept cryptocurrency as a payment method for luxury residences and developments.

FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus

FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus

PayPal, Square and Intuit have received the government’s approval to take part in the US Small Business Administration’s (SBA) Paycheck Protection Program which was established in response to the COVID-19 pandemic triggered global financial crisis.

U.S. State Street Bank Joins Digital Asset Space with New Cryptocurrency Division

U.S. State Street Bank Joins Digital Asset Space with New Cryptocurrency Division

State Street bank based in Boston wants to bet on digital currencies like Bitcoin. The bank has announced that it is creating a new unit to help clients and investors hold, buy, and sell digital assets.

Couple Charged by the SEC for Defrauding 500 Investors in Fraudulent Water-Backed Cryptocurrency Scheme

Couple Charged by the SEC for Defrauding 500 Investors in Fraudulent Water-Backed Cryptocurrency Scheme

The Securities and Exchange Commission (SEC) has persecuted a former Texan pastor and his spouse for allegedly conning hundreds of innocent investors. The SEC said that the Texas couple used alkaline water-backed crypto, TeshuaCoin, to con the investors.

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.

Former facilities worker who allegedly set up a secret cryptocurrency mining operation

Former facilities worker who allegedly set up a secret cryptocurrency mining operation

After skipping a court arraignment session, Nadeam Nahas faces arrest for using a school's energy for bitcoin mining.

Worldcoin Faces Investigation by Germany's Regulator

Worldcoin Faces Investigation by Germany's Regulator

The Bavarian State Office for Data Protection Supervision has initiated an investigation into the Worldcoin crypto project, a new initiative that requires users to provide iris scans in exchange for a digital ID and potentially free cryptocurrency, according to Reuters.

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies

The Senate Banking Committee, led by Sherrod Brown and Tim Scott, may regulate crypto in the upcoming Congress.

Haru Invest Addresses Rehabilitation Procedures and Asset Distribution Concerns

Haru Invest Addresses Rehabilitation Procedures and Asset Distribution Concerns

On Aug 6, Haru Invest clarified court rehabilitation procedures and asset distribution plans, following legal challenges and member concerns.

INX to Issue SEC-Regulated CCNA Token, Emphasizing 'Future of Green Automotive Transportation and Logistics' Concept

INX to Issue SEC-Regulated CCNA Token, Emphasizing 'Future of Green Automotive Transportation and Logistics' Concept

INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 5, 2023, its facilitation of the primary capital raise and issuance of Convertible Concepts Corporation's CCNA Token.

Brad Garlinghouse Predicts Ripple-SEC Feud to End by 2022

Brad Garlinghouse Predicts Ripple-SEC Feud to End by 2022

The ongoing court case between the United States Securities and Exchange Commission and blockchain payments firm Ripple Labs Inc is likely to close next year, drawing on the optimism of the firm’s CEO, Brad Garlinghouse.

Former FTX CEO Sam Bankman-Fried to Appear in court remotely

Former FTX CEO Sam Bankman-Fried to Appear in court remotely

According to a Feb. 18 court filing, Sam Bankman-Fried has days to provide documentation to Voyager Digital's unsecured creditors committee.

SFC Endorses Public Consultation on ESG Ratings Code of Conduct

SFC Endorses Public Consultation on ESG Ratings Code of Conduct

The SFC supports the industry-led public consultation on a code of conduct for ESG ratings and data product providers.

Linea Launches Surge to Boost Network Liquidity, StationX Emerges as Key Player

Linea Launches Surge to Boost Network Liquidity, StationX Emerges as Key Player

Linea introduces Surge, a liquidity-boosting initiative featuring new token LXP-L. StationX, the on-chain capital coordination protocol, plays a significant role.

Understanding Ambiguity: Causes and Effects

Understanding Ambiguity: Causes and Effects

Explore the concept of ambiguity, its causes, and its impacts on communication.

HKMA Broadens Mortgage Insurance Programme Eligibility Criteria

HKMA Broadens Mortgage Insurance Programme Eligibility Criteria

The Hong Kong Monetary Authority has expanded the eligibility criteria of the Mortgage Insurance Programme.

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

The Hong Kong Monetary Authority reported a 1.1% increase in total deposits for May 2024, with notable rises in both Hong Kong dollar and foreign currency deposits.

Stellar (XLM) Introduces State Archival to Combat Blockchain State Bloat

Stellar (XLM) Introduces State Archival to Combat Blockchain State Bloat

Stellar (XLM)'s State Archival aims to address blockchain state bloat, enhancing scalability, transaction speed, and cost-efficiency.

Ethereum.org Translatathon Returns with $30,000 Prize Pool

Ethereum.org Translatathon Returns with $30,000 Prize Pool

The Ethereum.org Translatathon is back, offering participants a chance to translate content and win a share of $30,000 in prizes.

Meta Unveils SAM 2: Revolutionizing Video and Image Segmentation

Meta Unveils SAM 2: Revolutionizing Video and Image Segmentation

Meta introduces SAM 2, the first unified model for segmenting videos and images, enhancing media processing capabilities.

Hong Kong Mortgage Applications Drop by 17.2% in June 2024, HKMA Reports

Hong Kong Mortgage Applications Drop by 17.2% in June 2024, HKMA Reports

The Hong Kong Monetary Authority (HKMA) reports a 17.2% decline in mortgage applications for June 2024, with significant decreases in loan approvals.

Hong Kong Monetary Authority Releases June 2024 Monetary Statistics

Hong Kong Monetary Authority Releases June 2024 Monetary Statistics

The Hong Kong Monetary Authority reports stable total deposits and a slight increase in Hong Kong dollar deposits for June 2024.

IBM Research Advances Trustworthy Generative AI for Data Augmentation

IBM Research Advances Trustworthy Generative AI for Data Augmentation

IBM Research unveils new frameworks for generative AI to enhance data augmentation and accelerate drug and material discovery.

NVIDIA NIM Utilized for Advanced Financial Market Scenario Generation

NVIDIA NIM Utilized for Advanced Financial Market Scenario Generation

NVIDIA NIM leverages generative AI for advanced financial market scenario generation, aiding risk management and investment decision-making.

LangChain Enhances Integration Docs with Standardized Pages and Improved API References

LangChain Enhances Integration Docs with Standardized Pages and Improved API References

LangChain revamps integration docs with a standardized format and enhanced API references for faster information retrieval.

SFC Proposes Abolition of Mixed Media Offers

SFC Proposes Abolition of Mixed Media Offers

The SFC has initiated a consultation on proposals to abolish mixed media offers, aiming to streamline the investment process.

Hong Kong Monetary Authority Reports 0.6% Increase in Total Deposits for July 2024

Hong Kong Monetary Authority Reports 0.6% Increase in Total Deposits for July 2024

The Hong Kong Monetary Authority reported a 0.6% increase in total deposits in July 2024, with notable changes in various deposit categories.

Exploring Glue and Coprocessor Architectures in Modern Computation

Exploring Glue and Coprocessor Architectures in Modern Computation

Vitalik Buterin discusses the evolution of glue and coprocessor architectures, highlighting their significance in modern computation, Ethereum, AI, and cryptography.

Project Guacamaya Uses AI and Satellites to Combat Amazon Deforestation

Project Guacamaya Uses AI and Satellites to Combat Amazon Deforestation

Project Guacamaya leverages AI and satellite technology to protect the Amazon rainforest, monitor deforestation, and preserve biodiversity.

NVIDIA Modulus Revolutionizes CFD Simulations with Machine Learning

NVIDIA Modulus Revolutionizes CFD Simulations with Machine Learning

NVIDIA Modulus is transforming computational fluid dynamics by integrating machine learning, offering significant computational efficiency and accuracy enhancements for complex fluid simulations.

Ethereum.org (ETH) Celebrates Success with 2024 Translatathon

Ethereum.org (ETH) Celebrates Success with 2024 Translatathon

The Ethereum Foundation's 2024 Translatathon saw a 50% increase in contributors, translating 2.53 million words across 70 languages, expanding Ethereum's global reach.

Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority's September 2024 data reveals a 0.8% rise in total deposits, with Hong Kong dollar and foreign currency deposits contributing to this growth.

Exploring Real Estate Tokenization: An Innovative Blockchain Approach

Exploring Real Estate Tokenization: An Innovative Blockchain Approach

Real estate tokenization is revolutionizing the property market by leveraging blockchain technology to enhance liquidity and transparency, making investments accessible to a broader range of investors.

Binance.US Could Be in Violation of Securities Law

Binance.US Could Be in Violation of Securities Law

SEC opposes Binance. US acquisition of nearly $1 billion in Voyager Digital assets.

PayPal Acquires UK Crypto License

PayPal Acquires UK Crypto License

PayPal has secured a cryptocurrency license from the UK's Financial Conduct Authority, marking a strategic move amid post-Brexit adjustments, and transitioning UK clients from PayPal Europe to a new UK-based entity.

IOSCO to Consult on Crypto Regulation

IOSCO to Consult on Crypto Regulation

The International Organization of Securities Commissions (IOSCO) plans to launch a consultation for its crypto asset regulation report in Q2 2023. The final recommendations are expected to be published by the end of 2023, with separate workflows dedicated to crypto assets and decentralized finance.

Haru Invest Faces Rehabilitation Hearing; Hugo Lee Clears Air on Asset Distribution

Haru Invest Faces Rehabilitation Hearing; Hugo Lee Clears Air on Asset Distribution

Haru Invest CEO Hugo Lee has raised concerns over the company's corporate rehabilitation application, stating it doesn't represent all members' interests and doesn't benefit Haru Invest or the targeted entity. He plans to prioritize asset recovery from other management companies for member distribution.

CFTC Commissioner Questions VCs' Due Diligence

CFTC Commissioner Questions VCs' Due Diligence

Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.

Celestia's Core Values: Bridging Off-chain Governance with User-centric Network

Celestia's Core Values: Bridging Off-chain Governance with User-centric Network

Mustafa Al-Bassam delineates five core values for Celestia's social layer aimed at enhancing trust-minimization and user-centric network functionalities. These values include the primacy of off-chain governance, user elevation, credible neutrality towards execution environments, economic sustainability, and minimizing overhead and state bloat. The discourse provides a profound insight into Celestia's commitment to fostering a user-driven, trust-minimized blockchain network.

Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information

Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information

Virginia Tech study reveals ChatGPT's limitations in providing local-specific info on environmental justice, highlighting geographic biases.

Coinbase CLO Responds to SEC's Opposition

Coinbase CLO Responds to SEC's Opposition

Coinbase's Chief Legal Officer, Paul Grewal, responded to the SEC's opposition to the company's motion to dismiss the case against it. Grewal criticized the SEC for making unsupported legal claims and emphasized that the assets listed on Coinbase are not securities. He also called for regulation that listens to the crypto community and mentioned that Coinbase will file its reply on October 24, 2023.

Indonesia to Launch State-Backed Crypto Exchange by Mid-2023

Indonesia to Launch State-Backed Crypto Exchange by Mid-2023

Indonesia plans to launch a state-backed crypto exchange by mid-2023 to promote a more secure and transparent market, with greater regulatory oversight and investor protection.

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

Atletico Madrid is suing WhaleFin for €20 million over a terminated €40 million sponsorship deal, claiming financial losses and potential reputational damage.

US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes

US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes

The US Senate has proposed the DEFIANCE Act in response to the increasing spread of AI-created, nonconsensual explicit imagery, exemplified by recent deepfake incidents involving Taylor Swift. This bill aims to provide legal recourse for victims and criminalize the production and distribution of such content.

The Fed Rejects Custodia Bank's Membership Application

The Fed Rejects Custodia Bank's Membership Application

The Fed rejected cryptocurrency-focused Custodia Bank membership again, citing "sound banking operations."

The Number of Crypto-Related Enforcement Actions in the United States Grows

The Number of Crypto-Related Enforcement Actions in the United States Grows

Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022.

IRS Delays Crypto Reporting Requirements for US Businesses

IRS Delays Crypto Reporting Requirements for US Businesses

The IRS delays enforcing crypto transaction reporting requirements for US businesses, pending a comprehensive regulatory framework. This follows the crypto community's concerns over the practical challenges of complying with the Infrastructure Investment and Jobs Act's rules.

SEC Chair Gary Gensler Warns Crypto Companies

SEC Chair Gary Gensler Warns Crypto Companies

Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”

CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations

CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations

Chair Rostin Behnam said the CFTC was "ideally positioned" to solve crypto regulatory shortcomings, but legislators needed to provide it power.

Superstate Gains $14m in Series A Led by Distributed Global and CoinFund

Superstate Gains $14m in Series A Led by Distributed Global and CoinFund

Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.

US SEC Halts American Cryptofed DAO’s Registration for Digital Tokens

US SEC Halts American Cryptofed DAO’s Registration for Digital Tokens

The US regulator stopped American Cryptofed DAO based on the ground that the firm failed to register its two digital tokens “Ducat” and “Locke” as securities.

ShapeShift Responds to Elizabeth Warren

ShapeShift Responds to Elizabeth Warren

Shapeshift responded to Senator Warren's Valentine's Day Senate hearing statements on Twitter on Feb. 19.

Decline in Cryptocurrency ATMs in 2023: A Global Perspective

Decline in Cryptocurrency ATMs in 2023: A Global Perspective

In 2023, the global number of Bitcoin ATMs decreased by 11.1%, marking the first decline in a decade, with the U.S. being the largest host, contrasting with growth in the EU and other regions.

Property linked to FTX customer funds pulled from market

Property linked to FTX customer funds pulled from market

The seller withdrew a property tied to Sam Bankman-political Fried's expenditures.

Indonesia's State-Backed Crypto Exchange: An Analysis

Indonesia's State-Backed Crypto Exchange: An Analysis

Indonesia's state-backed crypto exchange aims to promote transparency, accountability, and investor protection. It is expected to boost crypto adoption.

Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development

Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development

Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.

NFT Collectors Buy for Status and Uniqueness

NFT Collectors Buy for Status and Uniqueness

A recent survey by Metajuice found that 74% of NFT collectors buy for status and uniqueness, while 13% plan to resell. Real Vision CEO Raoul Pal believes NFTs are becoming status symbols like luxury cars and houses.

Alpaca Debuts Private Equity Real Estate

Alpaca Debuts Private Equity Real Estate

Alpaca, a New York-based alternative investment firm, has launched a private equity real estate platform, Alpaca Real Estate (ARE), led by Daniel Carr and Peter Weiss. The platform, with significant backing from GCM Grosvenor, aims to leverage technology and operational strategies to enhance real estate investment returns amid current market dislocations.

Ethereum's Future Unveiled by Vitalik Buterin at EthCC

Ethereum's Future Unveiled by Vitalik Buterin at EthCC

At EthCC, Ethereum's Vitalik Buterin outlined the protocol's future, highlighting key developments like the transition to Proof of Stake, sharding, Verkle trees, state expiry, and Ethereum Improvement Proposals.

Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report

Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report

American electric vehicle manufacturer Tesla released its second-quarter financial report on Monday. The company recorded a $23 million impairment loss on Bitcoin subject to the recent volatility.

Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter

Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter

Coinbase exceeded Wall Street profit projections in Q4 2022 despite a drop in exchange transaction volumes.

US House Committee to Discuss Stablecoin Regulation

US House Committee to Discuss Stablecoin Regulation

The US House of Representatives Committee on Financial Services will conduct a hearing on stablecoin regulation on April 19th, following the introduction of a draft bill on stablecoin regulation. The hearing will include testimonies from experts, including Austin Campbell, a managing partner at Zero Knowledge Consulting and adjunct professor at Columbia Business School, who believes stablecoins will expand the reach of the US dollar and increase financial inclusion.

New York Attorney General Letitia James Sues CoinEx

New York Attorney General Letitia James Sues CoinEx

CoinEx was sued by New York Attorney General Letitia James for selling bitcoin without registering.

GameStop Phases Out NFT Platform in Response to Regulatory Challenges

GameStop Phases Out NFT Platform in Response to Regulatory Challenges

GameStop has announced the closure of its NFT marketplace, citing regulatory uncertainty. Effective from February 2, 2024, the platform will cease operations but assures that NFTs remain accessible on the blockchain.

Attorneys for Ex-FTX CEO Samuel Bankman-Fried Challenge Proposed Jury Questions Ahead of Fraud Trial

Attorneys for Ex-FTX CEO Samuel Bankman-Fried Challenge Proposed Jury Questions Ahead of Fraud Trial

The defense attorneys for former FTX CEO Samuel Bankman-Fried have submitted a letter challenging the proposed jury questions for the upcoming fraud trial. They assert that the government's proposed questions could harbor bias against Bankman-Fried, potentially leading to an unfair trial. The defense suggests an alternative voir dire to ensure a fair jury selection process, while the prosecution opposes these suggestions. The trial is slated to begin on October 4, 2023, following jury selection on October 3.

Georgia Proposes Bill Where Crypto Will be Part of High School Curriculum

Georgia Proposes Bill Where Crypto Will be Part of High School Curriculum

Georgia lawmakers have passed a bill that recommends cryptocurrency to be integrated into the high school curriculum.

World Bank Refuses El Salvador’s Request to Assist Bitcoin Currency Adoption

World Bank Refuses El Salvador’s Request to Assist Bitcoin Currency Adoption

The World Bank rejects offering technical assistance for El Salvador to implement its Bitcoin adoption agenda given environmental and transparency concerns.

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading

Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.

Coinbase Uses Multi-Party Computation to Enhance Crypto Wallet Security and User Experience

Coinbase Uses Multi-Party Computation to Enhance Crypto Wallet Security and User Experience

Coinbase is making strides towards simplifying the onboarding process for web3, bolstering both security and recovery for crypto wallets. The company is deploying a cryptographic technique called Multi-Party Computation (MPC) to eliminate key management hurdles that have long been a barrier to mainstream web3 adoption.

Ripple's Colombia Real Estate Tokenization Project Halts as New Govt Takesover

Ripple's Colombia Real Estate Tokenization Project Halts as New Govt Takesover

Ripple's project to register real estate on blockchain in Colombia is facing a crisis after a new government came into power.

Arizona State Senator Wendy Rogers Proposes Bills to Make Bitcoin Legal Tender

Arizona State Senator Wendy Rogers Proposes Bills to Make Bitcoin Legal Tender

Arizona state senator Wendy Rogers also supported a tax-exempt crypto bill.

FTX was the "fastest" company collapse in American history, says U.S. Trustee.

FTX was the "fastest" company collapse in American history, says U.S. Trustee.

The US Trustee overseeing FTX's bankruptcy proceedings has requested an independent investigation into its demise. In a Dec. 1 motion, U.S. Trustee called the defunct exchange the "fastest large business collapse in American history". An independent examiner has been requested by the Department of Justice. Independent examiners are usually called in when creditors want them or when unsecured debts surpass $5 million. Trustee Andrew Vara said debtors "suffered an almost unparalleled fall in value" over eight days in November. The U.S. Attorney's Office for the Southern District of New York and Securities and Exchange Commission have allegedly submitted many requests to investors.

Compound Founder's New Venture Superstate To Bridge Traditional and Blockchain Finance

Compound Founder's New Venture Superstate To Bridge Traditional and Blockchain Finance

Compound's Founder and CEO, Robert Leshner, has announced the launch of a new venture, Superstate (@superstatefunds). "Superstate's mission is to create regulated financial products that bridge traditional markets & blockchain ecosystems," said Leshner, signaling a significant shift in the financial industry.

Grayscale CEO challenges SEC's denial of application

Grayscale CEO challenges SEC's denial of application

If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back.

Kraken Agrees to Cease Staking Services for U.S. Clients

Kraken Agrees to Cease Staking Services for U.S. Clients

Kraken settled with the SEC by ending its staking program and paying $30 million in disgorgement, prejudgment interest, and civil penalties.

Dubai-Based Asset Advisors Enables Clients to Purchase Real Estate with Bitcoin and Ethereum

Dubai-Based Asset Advisors Enables Clients to Purchase Real Estate with Bitcoin and Ethereum

Purchasing real estate property with cryptocurrencies is becoming more of a reality, especially in Dubai.

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.

SEC Chair Gary Gensler Called Out by House Representatives Over FTX

SEC Chair Gary Gensler Called Out by House Representatives Over FTX

Former FTX CEO Sam Bankman-Fried was supposed to appear before the House Financial Services Committee in December. Lawmakers are questioning his arrest.

US Credit Unions Gain Access to Partner with Crypto Assets Service Providers

US Credit Unions Gain Access to Partner with Crypto Assets Service Providers

The United States National Credit Union Administration granted domestic credit unions under the aegis of the Federally Insured Credit Unions the permission to enter into partnerships with third-party digital currency trading platforms.

State Street Partners with Copper.co to Offer Crypto Custody Services to Customers

State Street Partners with Copper.co to Offer Crypto Custody Services to Customers

The partnership will continue to help State Street bank to provide digital and crypto asset services for its clients.

Consumers See Crypto as Investment Tools, Study says

Consumers See Crypto as Investment Tools, Study says

Consumers in the United States view cryptocurrencies as ideal investment vehicles, according to a new study by Paxos.

The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures

The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures

Patrick McHenry wants the Treasury to postpone the Infrastructure Investment and Jobs Act's digital asset and tax collection portion. McHenry claims the clause is poorly written and that brokers might be misinterpreted. The rule was challenged earlier this year by Coin Center, a blockchain advocacy organization. Crypto miners and stakers are exempt from the new law, according to Senator Rob Portman's tweet of a Treasury letter.

Ex-FTX Execs Launch New Crypto Exchange Backpack

Ex-FTX Execs Launch New Crypto Exchange Backpack

Former FTX executives, Can Sun, are launching Backpack Exchange in Dubai, aiming to raise $100 million for customer fund security and advanced technology.

Senate Banking Committee to Hold Second Hearing on Crypto Market Crash

Senate Banking Committee to Hold Second Hearing on Crypto Market Crash

The Senate Banking Committee's second hearing of the 118th Congress will discuss digital asset protection.

Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends

Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends

This paper provides an in-depth analysis of the current state and future prospects of autonomous driving, focusing on the roles of Waymo and Tesla in the industry, alongside discussing the broader technological, economic, and regulatory landscape.

Many Lawmakers and Witnesses Call for hearing exploring the crash of the crypto market

Many Lawmakers and Witnesses Call for hearing exploring the crash of the crypto market

At a Senate Banking Committee meeting dubbed "Crypto Fall," financial professionals and politicians discussed how to address the crypto market crash.

Legacy Healing Center Accepts Crypto Payment Option for More Addiction Treatment

Legacy Healing Center Accepts Crypto Payment Option for More Addiction Treatment

Legacy Healing Center, a US-based addiction treatment centre in Florida and New Jersey, aims to open the doors to more people seeking treatment by accepting Bitcoin (BTC) and Ethereum (ETH) as valid forms of payment.

US States Challenge CBDC as Legal Tender

US States Challenge CBDC as Legal Tender

Four U.S. states - Utah, South Carolina, South Dakota, and Tennessee - have filed bills to exclude Central Bank Digital Currencies (CBDCs) from their legal definitions of money, reflecting rising state-level resistance and concerns over privacy and federal overreach.

Crypto Lender Celsius to Proceed with Chapter 11 Restructuring Plan

Crypto Lender Celsius to Proceed with Chapter 11 Restructuring Plan

Celsius Network, the bankrupt crypto lender, has announced it will proceed with its Chapter 11 restructuring plan, with a disclosure statement containing information for claim holders to be filed on April 12. The proposed restructuring plan is sponsored by NovaWulf.

Paul Pierce settles with SEC for $1.4 million

Paul Pierce settles with SEC for $1.4 million

Paul Pierce settled with the SEC for promoting EthereumMax on social media without reporting his compensation.

U.S. Moves to Combat Deepfake Pornography with the Preventing Deepfakes of Intimate Images Act

U.S. Moves to Combat Deepfake Pornography with the Preventing Deepfakes of Intimate Images Act

Representative Joe Morelle introduces the Preventing Deepfakes of Intimate Images Act, a bipartisan legislation criminalizing the creation and distribution of non-consensual deepfake pornography, primarily affecting women and girls.

Ripple's CBDC Team Reveals Real Estate Tokenization

Ripple's CBDC Team Reveals Real Estate Tokenization

Antony Welfare, Ripple's CBDC adviser, recently participated in a fintech conference in Central and Eastern Europe (CEE), where he presented two groundbreaking use cases. One of these is the tokenization of real estate, a concept that is rapidly gaining momentum as a potential future for the real estate industry, as he claimed

Apple's Data Operations Annotations Team Relocation

Apple's Data Operations Annotations Team Relocation

Apple Inc. is closing its San Diego Data Operations Annotations team, impacting 121 employees who must choose between relocating to Austin or facing termination. This strategic move aims to consolidate AI operations and streamline Siri's development.

Portugal Successfully Sells Real Estate With Bitcoin Payments for the First Time

Portugal Successfully Sells Real Estate With Bitcoin Payments for the First Time

A three-bedroom (two-bedroom) house in the Portuguese metropolis of Braga has successfully sold for Bitcoin for the first time.

Celsius Network Announces Disclosure Statement for Chapter 11 Plan

Celsius Network Announces Disclosure Statement for Chapter 11 Plan

Celsius Network, a bankrupt crypto lender, has announced it will move forward with its Chapter 11 restructuring plan by filing a disclosure statement on April 12. The statement is aimed at providing "adequate information" for claim holders to vote on the proposed restructuring plan sponsored by NovaWulf. The plan proposes creating a public platform fully owned by Earn creditors called NewCo, with no involvement from Celsius founder.

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.

SEC filing discrepancies threaten American CryptoFed registration

SEC filing discrepancies threaten American CryptoFed registration

The first decentralized autonomous organization (DAO) to get legal recognition in the United States is at risk of losing its registration. The U.S. Securities and Exchange Commission (SEC) dug up anomalies in the DAO's registration statement dated Sept. 17, 2021. A stop order from the SEC would retract American CryptoFed's registration and bar sales of in-house tokens, Ducat and Locke.

Council of Europe Adopts Groundbreaking AI Guidelines for Journalism

Council of Europe Adopts Groundbreaking AI Guidelines for Journalism

The Council of Europe has adopted new guidelines for responsible AI use in journalism, emphasizing human rights and rule of law in the news media sector.

Kansas Heartland Tri-State Bank Closure Indicates Continued U.S. Banking Crisis

Kansas Heartland Tri-State Bank Closure Indicates Continued U.S. Banking Crisis

On July 28, 2023, the Kansas Office of the State Bank Commissioner closed Heartland Tri-State Bank of Elkhart, Kansas, appointing the Federal Deposit Insurance Corporation (FDIC) as receiver.

Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank

Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank

The Federal Reserve has terminated its enforcement action against Farmington State Bank, linked to the collapsed crypto exchange FTX, marking the bank's shift away from operations and reinforcing depositor protection efforts.

Alameda Accused of Misusing FTX Customer Funds in Court

Alameda Accused of Misusing FTX Customer Funds in Court

Key personnel from FTX and Alameda Research, during a trial, revealed concerning financial mismanagement and misrepresentation practices within the organizations. Gary Wang and Caroline Ellison's testimonies provided insights into significant financial instabilities, misuse of FTX funds by Alameda, and personal ventures being funded through loans from Alameda. The trial uncovers a complex scenario of financial misconduct and troubling personal-professional relationships, shedding light on alarming practices within these crypto entities.

EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets

EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets

The EBA is requesting input on draft guidelines for liquidity stress tests for crypto assets, aiming to improve market resilience and comply with data protection regulations until February 8, 2024.

Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report

Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report

The Q3 2023 Global Web3 Security Report, jointly initiated by Beosin and SUSS NiFT, reveals a concerning escalation in the Web3 security landscape. The report shows that losses from hacks, phishing scams, and rug pulls reached $889.26M in Q3 2023, exceeding the combined losses of the first two quarters. The report also highlights the increasing threat posed by North Korea's Lazarus group.

Alabama Senator Tommy Tuberville reintroduces legislation allowing United States 401k

Alabama Senator Tommy Tuberville reintroduces legislation allowing United States 401k

Senator Tommy Tuberville proposed legislation to reverse Department of Labor regulation on 401(k) investments, including crypto.

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?

With Bitcoin continuously smashing historic highs one after another, is the top cryptocurrency showcasing its safe-haven capabilities?

SEC Extends Review Period for ARK 21Shares Bitcoin ETF

SEC Extends Review Period for ARK 21Shares Bitcoin ETF

The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiousness enveloping cryptocurrency-based financial offerings.

US Officials Seized $460M In Robinhood Shares Related To FTX

US Officials Seized $460M In Robinhood Shares Related To FTX

Robinhood shares tied to FTX were confiscated by the U.S. Department of Justice for over $400 million. Sam Bankman-Fried denied eight felony charges, including wire, securities, and campaign financing offenses. Since December, the former FTX CEO has been housebound at his parents' California home.

Singapore AGC Launches Tech and Crypto Crime Task Forces

Singapore AGC Launches Tech and Crypto Crime Task Forces

Singapore's Attorney-General's Chambers has established two specialized task forces to combat technology-enabled and technology-facilitated crimes. These units, formed this year, consist of around 20 prosecutors trained in handling digital evidence and understanding the nuances of tech-related criminal activities.

The U.S. government's regulatory strategy towards crypto firms

The U.S. government's regulatory strategy towards crypto firms

US officials reportedly discourage banks from serving the bitcoin business.

California Advances in Generative AI with New Report

California Advances in Generative AI with New Report

The Newsom Administration's report on Generative AI outlines California's approach to regulating and embracing this technology, emphasizing education and workforce training for responsible use.

US senators write to Silvergate Capital for answers on FTX collapse

US senators write to Silvergate Capital for answers on FTX collapse

Senators Elizabeth Warren, Roger Marshall, and John Kennedy stated Silvergate had not adequately addressed its improper management of FTX customer cash.

Chinese state company launches crypto funds

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.

DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami

DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami

The famous French DJ David Guetta revealed that he would accept $14 million Bitcoin or Ethereumthe payment for selling his Miami beachfront apartment.

Celsius Network to File Disclosure Statement for Restructuring Plan

Celsius Network to File Disclosure Statement for Restructuring Plan

Crypto lender Celsius Network will file a disclosure statement on April 12 regarding its Chapter 11 restructuring plan. The statement is aimed at providing adequate information for claim holders to vote on the proposed plan, which would create a public platform fully owned by Earn creditors called NewCo. The committee of unsecured creditors will appoint the majority of the firm’s board members, with no Celsius founder involvement or relationship.

US Congress needs to take control of crypto legislation

US Congress needs to take control of crypto legislation

Blockchain Association CEO Kristin Smith said crypto regulation is occurring "behind closed doors" and asked for a more collaborative and "transparent approach."

Canadians Consulted on Digital Currency

Canadians Consulted on Digital Currency

The Bank of Canada has opened a public consultation until June 19 to gauge what features Canadians would like to see included in a digital Canadian dollar. The bank clarified it was not beginning work on a CBDC or replacing cash but was looking to explore the concept.

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda

The US Justice Department has revealed that it has seized cryptocurrency worth millions of dollars intended to fund the activities of terror groups like the military arm of Hamas, the Islamic State, and Al-Qaeda. This breakthrough is the largest clampdown on online terrorist fundraising,

CBDC Surveillance Concerns Spark Legislative Action

CBDC Surveillance Concerns Spark Legislative Action

Congressman Tom Emmer's CBDC Anti-Surveillance State Act aims to address surveillance risks in government-issued digital currencies, emphasizing privacy and autonomy in the evolving digital financial landscape.

Crypto Industry Increases Lobbying Efforts During Crypto Winter

Crypto Industry Increases Lobbying Efforts During Crypto Winter

A new study by the Money Mongers reveals that the crypto industry spent $25.57 million on lobbying in the United States in 2022, a 922% increase from 2017. Coinbase, the U.S.-based crypto exchange, led the spending with $3.3 million, followed by the Blockchain Association with $1.9 million and Robinhood with $1.84 million. Despite the increase in lobbying efforts, the overall expenditure of crypto companies on lobbying in America is modest compared to other industries.

Deal Box offers $125M blockchain and Web3 venture fund

Deal Box offers $125M blockchain and Web3 venture fund

Deal Box created a $125 million Web3 venture capital fund. Deal Box Ventures will support emerging growth, real estate, fintech, funtech, and social impact firms. It owns Total Network Services, Rypplzz, and Forward-Edge AI. Lesetja Kganyago spoke at WEF 2023 in Davos, Switzerland. Before launching CBDCs, the SARB governor suggested a national dialogue. Crypto barely fits two of three currency standards, he said.

El Salvador is Opening a Bitcoin Embassy in the United States

El Salvador is Opening a Bitcoin Embassy in the United States

El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.

South Korea and U.S. Set for High-Level Crypto Regulatory Talks in January

South Korea and U.S. Set for High-Level Crypto Regulatory Talks in January

South Korea's FSS Chief, Lee Bok-hyun, is set to meet with SEC Chair Gary Gensler in January to discuss cryptocurrency market regulation in light of global market changes.

Ex-SEC Chair Jay Clayton Says He's a "Huge Believer" in Crypto

Ex-SEC Chair Jay Clayton Says He's a "Huge Believer" in Crypto

Ex-Chairman of the US Securities and Exchange Commission Jay Clayton expressed his trust in the nascent digital currency world saying he is a “huge believer” in the technology underpinning the industry.

Mississippi State Senate Passes Bill to Protect Crypto Miners

Mississippi State Senate Passes Bill to Protect Crypto Miners

The Mississippi state senate approved a law to shield the bitcoin mining business from unfair "regulatory hurdles."

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

Bitcoin Needs to Overcome One Key Factor Before Its Price Run to $20K

Bitcoin Needs to Overcome One Key Factor Before Its Price Run to $20K

Market experts are saying that if Bitcoin clears one key resistance level, it may reach $20K with less obstacles along the way.

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

DHS Science and Technology Directorate (S&T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

CEX.IO Founder and CEO, Oleksandr Lutskevych is a pioneer in the Bitcoin industry and serial entrepreneur with deep expertise in internet technology businesses. In this second exclusive interview with Blockchain.News, Lutskevych to discuss the current Bitcoin market sentiments in the US and UK following Brexit and discuss CEX.IO’s next steps for 2020.

Crypto Expert Explains the Fear and Excitement in CAR of Accepting Bitcoin as Legal Tender

Crypto Expert Explains the Fear and Excitement in CAR of Accepting Bitcoin as Legal Tender

Exclusive Interview: Blockchain.News invites Marie Tatibouet, the Chief Marketing Officer, at Gate.io cryptocurrency exchange, to discuss the pros and cons of Bitcoin adoption in the Central African Republic and propose a way how crypto can be adopted in the region.

Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate

Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate

Investing in real estate is what many call a sound investment, however, does this also apply to virtual seaside views and luxury apartments in the gaming worlds as well?

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.

IOTA Co-Founder: DLT is Ideal for Smart Infrastructure in the United States

IOTA Co-Founder: DLT is Ideal for Smart Infrastructure in the United States

As the world is moving on to the 21st century, there is growing interest in upgrading city systems, which would require new technology as a solution.

Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success

Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success

Bill Gates discussed the antitrust hearing opposing US congress and Big Tech - Amazon, Apple, Facebook, and Google (Alphabet) - and gave his input.

Ohio Democrat Lawmakers Propose Blockchain Voting in Bill For Election Overhaul

Ohio Democrat Lawmakers Propose Blockchain Voting in Bill For Election Overhaul

In the Ohio House of Representatives, Democrats have included a new voting system pilot based on blockchain as part of their elections law overhaul bill. The system will be used to count and track the votes of military personnel stationed outside the US and registered to vote in Ohio.

Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate

Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate

Binance China Blockchain Institute, the research arm of global exchange Binance has formed a strategic partnership with Xinyuan Group to further the application of blockchain technology in the global real estate industry—including New York.

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal

Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.

US Government Considers Blockchain as a Stepping Stone to Smarter Food Security

US Government Considers Blockchain as a Stepping Stone to Smarter Food Security

The US government, through its federal agency the Food and Drug Administration (FDA) mandated with protecting the country’s food supply and public health, has earmarked blockchain as one of the technological innovations that will prompt traceability and a food safety culture.

President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat

President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat

President Trump approved the TikTok deal that Oracle has been working on, postponing a scheduled ban of the video-sharing platform and of WeChat.

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Real Estate Institute of Queensland (REIQ) has partnered with an Australian technology firm, Igloo in setting up a blockchain-based tenancy platform that will propel productivity and efficiency in Queensland's real estate sector.

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.

World Economic Forum Wants to Eradicate Abusive Sexually Violent Internet Content with Blockchain

World Economic Forum Wants to Eradicate Abusive Sexually Violent Internet Content with Blockchain

The World Economic Forum (WEF) views blockchain technology as a turning point in addressing the internet of abusive imagery associated with social ills like sexual violence.

Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally

Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally

According to the New York Empire State Index, a weakening of the U.S economy is worrying manufacturers. Meanwhile, Bitcoin and other cryptocurrencies are seeing a rally in their movements.

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.

New York State Denies Air Permit to Greenidge Crypto Mining Facility on Seneca Lake

New York State Denies Air Permit to Greenidge Crypto Mining Facility on Seneca Lake

Greenidge Bitcoin mining firm has been denied air permit by the regulator in a move that could lead to the retrenching of hundreds of workers in the crypto mining sector.

Georgia State Becomes next Mining Hub, Bitcoin Miners Enjoy its Green Energy

Georgia State Becomes next Mining Hub, Bitcoin Miners Enjoy its Green Energy

The exodus of crypto mining operations out of China massively has become a blessing in disguise to the United States, given that it now takes the lion’s share.

49% of Americans are Aware of NFTs: Pew Research Center

49% of Americans are Aware of NFTs: Pew Research Center

Nearly half of Americans have shown awareness of non-fungible tokens (NFTs), according to a survey by Washington-based think tank Pew Research Center.

Over 50% Investors Look for more Alternative Investments for Next 12 Months, Survey Shows

Over 50% Investors Look for more Alternative Investments for Next 12 Months, Survey Shows

Subject to escalating inflation, over 50% of investors are looking for more investment in alternative assets, Asset Tribe's survey suggests.ation

Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows

Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows

With 2021 emerging as a strong year for cryptocurrencies, global investors made $162.7 million in realized gains, according to blockchain analytic firm Chainalysis.

Hong Kong is the Most Crypto-Ready Economy, Study Shows

Hong Kong is the Most Crypto-Ready Economy, Study Shows

Crypto adoption in Hong Kong is going to expand, as the city has emerged as the readiest country/ region to embrace digital assets era, according to a study by trading platform Forex Suggest.

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of merchants believe crypto payments will enable them to stay at the top of their game based on the competitive advantage rendered, according to a survey by big four audit firm Deloitte.

20% of American Adults Involves in the Crypto Space, Study Shows

20% of American Adults Involves in the Crypto Space, Study Shows

One in five Americans has used, traded, or invested in cryptocurrency, according to a poll by NBC News.

Americans Present Stronger Desires than Canadians in Crypto, Ipsos Study Shows

Americans Present Stronger Desires than Canadians in Crypto, Ipsos Study Shows

The intention of investing in cryptocurrencies like Bitcoin (BTC) or using tokens as a payment option among Americans is higher than among Canadians, a new survey shows.

U.S. Ranks The Most Crypto-friendly Country/Territories Worldwide; Hong Kong Takes 3rd Runner Up

U.S. Ranks The Most Crypto-friendly Country/Territories Worldwide; Hong Kong Takes 3rd Runner Up

A study conducted by Crypto Head shows the United States takes the lead as the crypto-friendly country or territory to adopt cryptocurrencies worldwide, while Hong Kong enjoys the fourth most crypto-friendly region.

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

Florida Governor Reveals Plan to Permit Crypto Tax Payments

Florida Governor Reveals Plan to Permit Crypto Tax Payments

Speaking at a press conference, Florida Governor Ron DeSantis disclosed plans to roll out a cryptocurrency payment option for businesses remitting taxes.

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Following Mastercard and Visa suspension of Russian credit cards abroad due to international sanctions imposed, Thailand, on the other hand, is looking at accepting crypto payments for transactions.

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package and will vote shortly, what will this mean for Bitcoin and crypto?

Human Rights Advocates Urge U.S. Lawmakers to Concern Crypto, Saving Crumbling Currencies

Human Rights Advocates Urge U.S. Lawmakers to Concern Crypto, Saving Crumbling Currencies

A group of human rights advocates have urged U.S. Congress members to be concerned about the role of importance of cryptocurrencies against unstable economies whose local currencies are collapsing.

US-China Cold War Could Benefit Bitcoin

US-China Cold War Could Benefit Bitcoin

An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters.

Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom

Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom

Microsoft is in talks to acquire TikTok from China’s ByteDance Ltd, promising to address privacy concerns that have President Trump calling for the social video apps ban. But could a TikTok ban be good for Bitcoin?

Trump Administration Agrees to $1.8T Stimulus

Trump Administration Agrees to $1.8T Stimulus

Treasury Secretary Steven Mnuchin proposed more than $1.8 trillion on Friday after nearly four months of talks between parties.

69 % Female Crypto Investors in U.S. Adopt Holding Strategy, Survey Shows

69 % Female Crypto Investors in U.S. Adopt Holding Strategy, Survey Shows

Real Talk survey BlockFi suggests that female crypto investors on American soil had a long-term outlook because they had adopted the buy-and-hold strategy.

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield

Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.

President Biden’s Tax Plans Spark Fear, Triggering a Bitcoin and Ethereum Price Drop

President Biden’s Tax Plans Spark Fear, Triggering a Bitcoin and Ethereum Price Drop

The speculation that U.S. President Joe Biden’s administration will increase capital gains taxes sent shock waves in the crypto space as Bitcoin (BTC) and Ethereum (ETH) dropped amid fears that this initiative could limit investment in digital assets.

Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency

Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency

Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.

Roofstock Raises $240m in Series E Financing , Expand Access to Real Estate Investing

Roofstock Raises $240m in Series E Financing , Expand Access to Real Estate Investing

Roofstock has facilitated over $5 billion in transaction volume, more than half of that came from last year alone.

Nebraska Bill Proposes Allowing State Banks to Offer Crypto Services

Nebraska Bill Proposes Allowing State Banks to Offer Crypto Services

Nebraska is contemplating a bill that will allow state banks to offer cryptocurrency services.

Shark Tank Star Says Real Estate Is the Best Way to Get Rich, Not Cryptocurrencies

Shark Tank Star Says Real Estate Is the Best Way to Get Rich, Not Cryptocurrencies

Barbara Corcoran of Shark Tank, a famous US investor who is known for developing a billion-dollar real estate empire with just a $1,000 loan, has said that real estate is the best investment you can leverage to make money.

Blockchain Infrastructure Provider Tatum Secures $41.5M Funding

Blockchain Infrastructure Provider Tatum Secures $41.5M Funding

Blockchain as a Service (BaaS) provider, Tatum has landed $41.5 million in funding, receiving the needed capital backing to expand its business offerings

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Jerome Powell, the Federal Reserve chairman, discussed digital currencies and cross-border payments on an IMF panel, revealing the United States' approach to CBDC.

Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products

Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products

Two Chinese state-owned banks have begun working to fund management and insurance companies to explore the use cases of digital yuan CBDC for purchasing investment funds and insurance products online.

China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report

China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report

China is poised to become the world’s first cashless society should roll out its Digital Yuan DCEP before it hosts the 2022 Winter Olympics according to the SCMP

Can US Lawmakers Really Just Mint Two $1 Trillion Coins to Back a Digital Dollar COVID Stimulus with "No Additional Debt"?

Can US Lawmakers Really Just Mint Two $1 Trillion Coins to Back a Digital Dollar COVID Stimulus with "No Additional Debt"?

As the economy continues to deteriorate in the ongoing COVID-19 pandemic climate, US Lawmakers are once again pitching the creation of a sovereign digital dollar to quickly distribute the proposed stimulus packages. The bill further proposed the new minting of two trillion dollar coins.

Digital Rubble Prototype to be Introduced in Early 2022

Digital Rubble Prototype to be Introduced in Early 2022

In line with the development of its Central Bank Digital Currency (CBDC) dubbed the Digital Rubble, the Central Bank of Russia is set to launch a prototype platform for the new form of money in early 2022.

Slow and Steady Wins the CBDC Race: Why the US is not Concerned with China's Speed

Slow and Steady Wins the CBDC Race: Why the US is not Concerned with China's Speed

Slow and steady wins the CBDC Race: there are several reasons why the United States' digital dollar development has an edge over China’s speedy approach to its digital yuan.

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.

Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor

Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor

Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC).

Benefits and Use cases of Blockchain in Real Estate Sector

Benefits and Use cases of Blockchain in Real Estate Sector

From the rental market to general real estate transactions, cryptocurrency and blockchain technology are transforming the way landlords do their business.

US Election 2020: Can I Change My Vote?

US Election 2020: Can I Change My Vote?

The United States 2020 election day approaches, and a large number of US citizens have already cast their votes, but what if they wanted to change their votes before Nov. 3?

Opportunity to Thrive In Times Of Uncertainty

Opportunity to Thrive In Times Of Uncertainty

If history has taught us anything, it's that humanity often takes great leaps forward in times of chaos and uncertainty. This is one of those moments, but it's important that global citizens take steps to ensure that no one is left behind. Now is the time to start thinking less as nations and more as single, unified species.

BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test

BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test

In the aftermath of the current Coronavirus market crash and the subsequent incoming inflation that will be caused by the response of the Federal Reserve and Central banks, Bitcoin will face its truest test and be given its its biggest opportunity to prove itself in its short lifetime according to new research from global crypto exchange BitMEX.

Here's Why GPT-4 Becomes 'Stupid': Unpacking Performance Degradation

Here's Why GPT-4 Becomes 'Stupid': Unpacking Performance Degradation

The performance degradation of GPT-4, often labeled as 'stupidity', is a pressing issue in AI, highlighting the model's inability to adapt to new data and the necessity for continuous learning in AI development.

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.

What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal

What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal

ByteDance is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.

Trump Administration Wants Clean 5G Networks Free of China State Actors

Trump Administration Wants Clean 5G Networks Free of China State Actors

Mike Pompeo, Secretary of State for the Trump administration has announced the expansion of the Clean Network program, outlining five new lines of defense to protect America’s critical telecommunications and technology infrastructure from untrusted Chinese state-owned enterprises like Huawei and ZTE.

Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary

Bitcoin Mining Geographical Distribution Shifts as U.S. Becoming the Biggest Beneficiary

BTC mining is becoming more geographically distributed after China's clampdown on Bitcoin mining recently.

Blockchain for Gun Control in the US: The Great American Dilemma

Blockchain for Gun Control in the US: The Great American Dilemma

Columbine, 1999. Sandy Hook, 2012, Las Vegas, 2017. Aurora, 2019. The list of mass shootings in the United States grows larger and deadlier every year. Blockchain can address the technological challenge of gun control, but a radical shift in American society's stance on guns is paramount.

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

If the last two years have revealed anything about our global monetary system, it is that the US Federal Reserve and President Donald Trump really do not want a competitor to the US Dollar.

Navigating the Resource Efficiency of Large Language Models: A Comprehensive Survey

Navigating the Resource Efficiency of Large Language Models: A Comprehensive Survey

A survey explores the resource efficiency in Large Language Models (LLMs) like OpenAI's ChatGPT, addressing high computational demands and proposing optimization strategies.

Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race

Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race

Microsoft may be entering the social media ecosystem should they acquire TikTok, in a deal that Bill Gates is calling a poisoned chalice. Meanwhile, Twitter is now rumored to be in talks with ByteDance—TikTok’s parent company—to potentially reclaim their old video Vines territory.

Pre-Election Stimulus Package: Price Implications For BTC, ETH, and XRP

Pre-Election Stimulus Package: Price Implications For BTC, ETH, and XRP

With the possible release of a new stimulus package in the US, here is a short and long term price analysis of what you could expect from BTC, ETH, and XRP.

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

The potential for negative interest rates on the US dollar highlights the strength of cryptocurrencies like Bitcoin, which have anti-inflationary mechanisms built-in.

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.

Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed

Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed

The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy.

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).

Is The US Ready for CBDC? Most Americans Opposed to Digital Dollar Adoption, Survey Reveals

Is The US Ready for CBDC? Most Americans Opposed to Digital Dollar Adoption, Survey Reveals

Most American citizens appear to be against a digital dollar adoption within the US, preferring paper money to CBDC, according to a study.

America to Build its Digital Dollar Based on General Consensus

America to Build its Digital Dollar Based on General Consensus

The US Treasury Secretary Janet Yellen said that the move by the American Federal Reserve to develop a Digital Dollar or Central Bank Digital Currency (CBDC) can only take place following a general consensus amongst all parties of interest.

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar.

Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030

Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030

The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported.

European Central Bank is Consulting the Public on CBDC

European Central Bank is Consulting the Public on CBDC

The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC

Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC

The Bank of Lithuania has launched the first central bank-produced digital collectors coin dubbed “LBCOINS” as part of its trial of blockchain technology and testing in its development of central bank digital currencies.

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin

Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.

Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More

Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More

Grayscale’s Bitcoin Investor Study revealed that Bitcoin interest and knowledge among investors have been steadily growing this year, accelerated by COVID-19.

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.

Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban

Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban

Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates

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

Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals

Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals

In an interview with Real vision media firm, Robert Gutmann, the CEO of cryptocurrency investment firm NYDIG, has revealed that unnamed state-owned investment funds have been approaching the crypto investment firm with inquiries about making Bitcoin purchases.

Brazil Real Estate Developer Stalwart Gafisa Starts Accepting Bitcoin as Payment

Brazil Real Estate Developer Stalwart Gafisa Starts Accepting Bitcoin as Payment

Stalwart Gafisa believes that Bitcoin will add real value to its clients’ experience.

Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day

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.

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum

Data indicates a high possibility that many US stimulus recipients will opt to invest their $600 check into Bitcoin, which could further boost BTC's upward price momentum.

Miami Mayor Francis Suarez: Bitcoin Will Be "Biggest Story For Next Few Years"

Miami Mayor Francis Suarez: Bitcoin Will Be "Biggest Story For Next Few Years"

Francis Suarez, Miami Mayor, wants his city to embrace blockchain technology, Bitcoin and digital assets.

Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis

Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis

Both the stock and crypto market could go down, the bitcoin price appears ready to drop.

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly.

Trump Handed Digital Future to China by Going After Bitcoin, Bolton's Book Reveals

Trump Handed Digital Future to China by Going After Bitcoin, Bolton's Book Reveals

President Trump’s opposition to Bitcoin and cryptocurrencies is well documented as is his determination to maintain the US Dollar's global status. According to a passage from ex-national security advisor John Bolton’s book—Trump’s administration has actually handed Bitcoin and Ethereum a huge advantage over other cryptocurrencies.

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful has withdrawn its crypto trading services from Venezuela after the country was classified as high-risk by the Office of Foreign Assets Control (OFAC).

Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance

Federal Reserve FOMC Meeting Inflation Targets Might See Bitcoin Price Retest $10,400 Resistance

Bitcoin traders await the Federal Reserve’s upcoming policy meeting on Wednesday to hear how the United States central bank will enact its inflation policy.

Standard Chartered Research Head Sees Depreciating US Dollar as Perfect Storm for Emerging Assets

Standard Chartered Research Head Sees Depreciating US Dollar as Perfect Storm for Emerging Assets

The United States dollar is facing significant depreciation following the US elections according to Standard Chartered Bank’s Head of Research.

BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar

BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar

Larry Fink, CEO of BlackRock the world's largest asset manager with $7.4 trillion assets under management, says Bitcoin can evolve into a global asset and impact the US dollar.

US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin

US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin

The US House Financial Services and Senate Banking Committee has announced that it will hold hearings on the chaos surrounding GameStop stocks.

Legends of Wall Street Are Warning Us That Inflation is Coming Hard—Is it time to Buy Bitcoin?

Legends of Wall Street Are Warning Us That Inflation is Coming Hard—Is it time to Buy Bitcoin?

Will you turn to Bitcoin or Gold to hold your wealth as the US Dollar loses purchasing power? Here's what legends of Wall Street are doing.

Bitcoin Price Breaks Key Resistance As Pre-Election Stimulus Package Goes to Vote

Bitcoin Price Breaks Key Resistance As Pre-Election Stimulus Package Goes to Vote

The price of Bitcoin (BTC) is defying the turmoils and the uncertainty in the hopes of getting a pre-election stimulus package with its current aggressive bullish runs

Bitcoin Eyes $12K, Experts Say It Will Surge Regardless of US 2020 Presidential Election Outcome

Bitcoin Eyes $12K, Experts Say It Will Surge Regardless of US 2020 Presidential Election Outcome

Market experts have said that Bitcoin's price will be unaffected by the outcome of the US presidential elections.

Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC

Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC

The approval of Canadian-based Bitcoin ETFs has led many to wonder when the United States Securities and Exchange Commission (SEC) will approve one of its own. Currently, Anthony Scaramucci’s hedge fund, SkyBridge Capital, has tried its luck by filing a request with the SEC for a Bitcoin ETF.

Dubai Real Estate Developer Damac Properties Accepts Crypto as Payments

Dubai Real Estate Developer Damac Properties Accepts Crypto as Payments

Dubai Real Estate Developer Damac announced to welcome tokens by accepting cryptocurrencies payment to purchase real estate properties.

Grayscale Survey: 55% of US Investors Like Bitcoin in 2020

Grayscale Survey: 55% of US Investors Like Bitcoin in 2020

Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.

Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?

Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?

Goldman Sachs believes that stocks will boom over the next 12 months which is not sitting well with Warren Buffett warns the market is an overvalued bubble.

Michael Saylor Supports Bitcoin as a Valuable Asset in the Digital Space

Michael Saylor Supports Bitcoin as a Valuable Asset in the Digital Space

Michael Saylor the CEO of MicroStrategy Inc. stated that Bitcoin (BTC) is a better tool for trade compared to the use of other physical instruments

Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K

Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K

Bitcoin is nearing the $12K mark, but experts are saying that the level may not be beneficial if market bulls fail to turn it into support.

US Crypto Exchange Kraken Predicts Bitcoin Price Will Rally in October

US Crypto Exchange Kraken Predicts Bitcoin Price Will Rally in October

US-based crypto exchange Kraken has released its September 2020 volatility report which predicts that Bitcoin’s price will likely rally in October.

Most People Will Hold Bitcoin Instead of Investing in Stocks, Bonds or Real Estate, says Market Analyst

Most People Will Hold Bitcoin Instead of Investing in Stocks, Bonds or Real Estate, says Market Analyst

Pierre Rochard, a market analyst and a Bitcoin advocate, believes that most people will be more inclined to hold BTC than assets like stocks.

Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO

Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO

Bitcoin (BTC) surged to $50,000 after nosediving to lows of $45,000. Cathie Wood, the CEO of Ark Investment Management, trusts that this correction is healthy for the market.

Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"

Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"

Bitcoin (BTC) and DeFi tokens have been all the rage lately, with crypto investors anticipating BTC’s next bull run and the DeFi industry booming in growth.

Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change

Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change

Federal Reserve chairman Jerome Powell has confirmed that the central bank’s monetary strategy regarding inflation will not change.

Grayscale Now Owns 2.4% of BTC Circulating Supply

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.

Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins

Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins

A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-powered driving licenses were made available as an option in South Korea in May.

China’s CBDC Research Institute Partners with Didi Chuxing to Explore “Smart Travel” with the Digital Yuan

China’s CBDC Research Institute Partners with Didi Chuxing to Explore “Smart Travel” with the Digital Yuan

China’s Central Bank Digital Currency Research Institute and Chinese transportation giant Didi Chuxing have reached an agreement to explore and develop the use of digital yuan in the transportation industry.

Miami Plans to Distribute "Bitcoin Yields" To Local Residents

Miami Plans to Distribute "Bitcoin Yields" To Local Residents

Miami is working on a plan to pay its citizens “Bitcoin yield” from the city’s cryptocurrency known as MiamiCoin.

Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens

Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens

A piece of virtual real estate in Decentraland was sold for a record value of $2.4 million in cryptocurrency, according to Reuters.

Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home

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.

XRP Price Drops During Ripple Swell Conference

XRP Price Drops During Ripple Swell Conference

The XRP price looks set to continue a downtrend, while Ripple hosts the annual Swell conference which brings together world industry leaders and policymakers.

Ripple CTO Regrets Selling Ether for $1 Each, Missed Out on Millions as ETH Looking Bullish

Ripple CTO Regrets Selling Ether for $1 Each, Missed Out on Millions as ETH Looking Bullish

Ripple chief technical officer (CTO) David Schwartz disclosed that he previously had 40,000 Ether in his possession, but that he liquidated it in 2012.

Ripple CEO Disagrees with Coinbase CEO's Apolitical Work Policy, Considers Relocating Overseas

Ripple CEO Disagrees with Coinbase CEO's Apolitical Work Policy, Considers Relocating Overseas

Coinbase CEO Brian Armstrong has banned political discussions in the crypto work environment, a move that Ripple CEO Brad Garlinghouse disagrees with.

Crypto Market's Biggest Price Moves Today: Status (SNT), Verge (XVG), and NANO

Crypto Market's Biggest Price Moves Today: Status (SNT), Verge (XVG), and NANO

As the crypto market crossed the $1 trillion market cap, Status, Verge, and Nano comes off as the coins with the biggest daily gains in the market

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.

CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation

CoinList Raises $100M Series A Funding Round, Reaching Unicorn Status With $1.5B Valuation

CoinList announced that it raised $100 million in a Series A round of financing, which brings its valuation to $1.5 billion.

Green Lights to Texas State Chartered Banks to Provide Virtual Currency Custody Services

Green Lights to Texas State Chartered Banks to Provide Virtual Currency Custody Services

Texas state-chartered banks get the green light from the regulator in Texas of the United States for providing customer custody virtual currencies services.

FTX Secures Global Sponsorship Deal With Golden State Warriors, Estimated $10M Worth

FTX Secures Global Sponsorship Deal With Golden State Warriors, Estimated $10M Worth

FTX Derivatives Exchange has inked a global sponsorship deal with professional NBA basketball team Golden State Warriors. Reportedly, the deal is a multi-year pact estimated to be worth about $10 million.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Lawyers working within the metropolitan area of Washington DC can now accept cryptocurrency payments for legal services so long as the fee agreement is reasonable and fair, and the lawyer is able to safeguard their digital assets, the District of Columbia Bar stated in an ethics opinion.

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

The NSA’s controversial phone data collection program first brought to light by former NSA agent Edward Snowden has been called illegal by a US Federal Court.

First US DAO to battle SEC without lawyers

First US DAO to battle SEC without lawyers

In its 2021 SEC filing, the DAO listed its native, interdependent tokens — the stablecoin Ducat and governance token Locke. The regulator has started the process of issuing a stop order, citing a slew of issues with the registration. American CryptoFed plans to file a motion to extend the deadline for responding to the SEC's Order Instituting Administrative Proceedings.

South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader

South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader

A South Korean court has frozen 15 cryptocurrency wallets belonging to Cho Ju-bin, the orchestrator of the “Nth Rooms” scandal. It came to the limelight following a national outcry following the sexual exploitation of underage girls by Cho Ju-bin and his team who was named and paraded through the Korean streets to face the public in March.

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Silviu Catalin Balaci, a 35-year old Romanian citizen living in Germany, has owned up to helping create BitClub Network, a crypto mining Ponzi scheme that siphoned off investors’ funds worth $722 million.

Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase

Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase

A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical weapon—via the dark web using Bitcoin.

US Federal Court Defines Bitcoin As Money

US Federal Court Defines Bitcoin As Money

A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).

Russian National Extradited to the U.S. to Face Crypto Money Laundering Charges

Russian National Extradited to the U.S. to Face Crypto Money Laundering Charges

Alexander Vinnik, a Russian national accused of running an illegal crypto exchange BTC-e was extradited to the United States to face fraud charges.

California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering

California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering

Kais Mohammad has agreed to plead guilty to federal charges of operating an illegal Bitcoin ATM business that laundered over $25 million.

Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign

Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign

Presidential hopeful Brock Pierce was served a court summons during his electoral rally at his new headquarters in New York City today.

Ripple’s “Bombshell Argument” in Pretrial Court Hearing with SEC May Tip the Scale in its Favour

Ripple’s “Bombshell Argument” in Pretrial Court Hearing with SEC May Tip the Scale in its Favour

The highly anticipated pretrial hearing between Ripple Labs and the Securities and Exchange Commission unfolded yesterday.

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.

Tezos Settles Class-Action Lawsuit Over 2017 $232 Million ICO to the Tune of $25 Million

Tezos Settles Class-Action Lawsuit Over 2017 $232 Million ICO to the Tune of $25 Million

Tezos Foundation has settled for $25 million in a class-action lawsuit over its 2017 Initial Coin Offering (ICO) which raised $232 million.

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan

Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan

Diem Association is planning to move its main operations from Switzerland to the United States.

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.

Brock Pierce For President, Crypto Venture Capitalist Announces Candidacy

Brock Pierce For President, Crypto Venture Capitalist Announces Candidacy

Brock Pierce has announced that he will be joining the presidential race in the 2020 US elections.

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding

House Democrats have asked the Trump Administration for a debriefing on the enormous Bitcoin and crypto seizure intended for Hamas, al-Qaeda, and Islamic State terrorists.

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

John Bolton, a former national security advisor in the Trump administration, has purported that the US president ordered Treasury Secretary Steven Mnuchin to crack down on Bitcoin in mid-2018.

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol

Janet Yellen highlighted the “growing concern” of crypto being leveraged to finance terror just weeks after the US Capitol was attacked by domestic terrorists paid in BTC.

Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary

Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary

President-elect Joe Biden is considering Gary Gensler, the former Commodity Futures Trading Commission chairman, to become Deputy Treasury Secretary.

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses

US President Donald Trump’s 2020 presidential campaign website was briefly compromised yesterday in an attempt by hackers to gain cryptocurrency funds.

Crypto Exchange Refuses to Give Up Dissident Names to Belarus Government

Crypto Exchange Refuses to Give Up Dissident Names to Belarus Government

Belarus government officials have demanded that a Kuna.io crypto exchange disclose the names of potential dissidents that have leveraged their services.

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.

Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?

Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?

Is President-elect Joe Biden long on Bitcoin and cryptocurrency?

Biden's Administration to Release Crypto Strategy on Digital Assets Next Month

Biden's Administration to Release Crypto Strategy on Digital Assets Next Month

US President Joe Biden's administration is working on an initial government-wide strategy on digital assets for release next month.

US Sanctions Crypto Addresses of Russian Hackers Accused of Running Presidential Election Interference

US Sanctions Crypto Addresses of Russian Hackers Accused of Running Presidential Election Interference

The US has released a sanctions list of Russians and their crypto addresses, under allegations that they have been interfering with the presidential election.

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus

In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?

Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering

Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering

The US elections have finally come to an end, amid a flurry of anticipation and misinformation that have left the Republican party incredibly infuriated.

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Biden's pick to lead the United States Treasury Department, Janet Yellen thinks crypto has potential to enhance the financial system and wants to encourage its legitimate use.

3 Ways Biden Can Be Friendly With China

3 Ways Biden Can Be Friendly With China

I’ve often viewed myself as both a global citizen and a bridge between East and West. The Biden Administration has a once-in-a-generation opportunity to redefine America’s role in the global economy and pave the way for success in world with two equal economic superpowers. Here’s how…

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Dem Nancy Pelosi told the White House it has until Tuesday to reach a deal with Democrats if it wants additional stimulus before the elections next month. How will BTC react?

Bitcoin Price Sinks Below Critical Level as Joe Biden Officially Inaugurated as 46th US President, What's Next for BTC?

Bitcoin Price Sinks Below Critical Level as Joe Biden Officially Inaugurated as 46th US President, What's Next for BTC?

Bitcoin has been losing steam and struggling to clear the $35,000 level, for a second straight day.

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.

Former Bakkt CEO Kelly Loeffler Loses Crucial Republican Senate Seat

Former Bakkt CEO Kelly Loeffler Loses Crucial Republican Senate Seat

Former CEO of Bakkt Kelly Loeffler (R-Ga) has lost her senate seat to Democrat Raphael Warnock in a special election held on Jan 5.

Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package.

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State

Cynthia Lummis is elected to serve in the senate for the state of Wyoming. She is a Bitcoin advocate who wants to develop an “American First” agenda and cut the national debt.

US Election Results to be Published on the Blockchain

US Election Results to be Published on the Blockchain

Everipedia, the blockchain-based encyclopedia has teamed up with international newsgroup The Associated Press (AP) for the upcoming US election in November.

Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath

Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath

Bernie Sanders has threatened to filibuster the Senate until they allow a vote on upgrading the $600 direct stimulus payments to $2000. What could the move mean for Bitcoin?

US-China Tech War and Data Concerns Could Create the Splinternet

US-China Tech War and Data Concerns Could Create the Splinternet

Political tensions between the United States and China have been rising with some experts predicting the divide on data standards has grown large, it could split the internet.

What could a Democrat Sweep in US Elections mean for Bitcoin?

What could a Democrat Sweep in US Elections mean for Bitcoin?

What would it mean for Bitcoin (BTC), if the Democrats manage to pull off a clean sweep in the coming US elections?

Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services

Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services

Democrat members of the United States Congress led by Congresswoman Rashida Tlaib (D-MI) have criticized the OCC's focus on crypto and stablecoins.

Trump Outraged: Jack Dorsey Faces Senate Subpoena After Twitter Blocks Biden Ukraine Scandal

Trump Outraged: Jack Dorsey Faces Senate Subpoena After Twitter Blocks Biden Ukraine Scandal

CEO Jack Dorsey is to testify about the recent incident where Twitter blocked a NY Post news disclosing sensitive information on Joe Biden's scandal in Ukraine.

Bitcoin Bull Tim Draper Pushes for Better SEC Regulation and BTC as the National Currency under Biden

Bitcoin Bull Tim Draper Pushes for Better SEC Regulation and BTC as the National Currency under Biden

As the transfer of presidential power from Trump to Joe Biden looms, many have been anticipating it. What will it mean for Bitcoin and crypto?

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

The US State Department recently submitted a proposal to add Ant Group to a trade blacklist, inhibiting the fintech giant’s business operations within the US.

Brock Pierce Running for President to Bring Blockchain Technology to the Forefront

Brock Pierce Running for President to Bring Blockchain Technology to the Forefront

Speaking at the Unitize conference on July 7, Brock Pierce discussed his motivations for his sudden entrance into the presidential election. Despite being extremely unlikely to win, Pierce believes his campaign will serve as an inspiration to younger voters as well as highlight the benefits of blockchain.

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023

Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023

Unilever, the consumer goods company that owns brands such as Ben & Jerry’s, Dove, Vaseline, Knorr, and other well-known brands, has announced that it will be leveraging blockchain to tackle deforestation.

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All

Coinbase Going Public Might Not Benefit Cryptocurrency Market After All

Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina

Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina

Binance.US has now expanded its digital asset trading services to include North Carolina investors.