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As the next halving approaches, the cryptocurrency mining landscape will undoubtedly evolve, with only the most resilient players remaining in the game.
BTC
Bitcoin
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PayPal is set to allow U.S. merchants to purchase, hold, and sell cryptocurrency directly through their PayPal business accounts. PayPal announced this move as part of its strategy to increase cryptocurrency’s role in everyday transactions for millions of businesses in…
News
The United Nations Development Programme (UNDP) has partnered with Swiss-based blockchain technology powerhouse the DFINITY Foundation to enhance financial inclusion for MSMEs. UNDP announced the partnership in a press release on July 3, noting that the DFINITY Foundation will leverage…
Opinion
Properly implemented decentralized governance can be more robust and resilient than centralized counterparts.
News
BC Technology says statements in Bloomberg’s article are ‘factually inaccurate and highly misleading.’ Hong Kong’s BC Technology Group Ltd. has denied recent reports saying that the company is exploring the sale of its licensed crypto platform OSL. In a recent…
News
Companies in financial services, healthcare, energy, and other industries are racing to adopt blockchain. The technology underpinning Bitcoin promises to enhance efficiency in a variety of procedures. Above all, it is creating new business opportunities. According to one estimate from…
News
A new filing shows that crypto firms Digital Currency Group, Blockchain.com, and about a dozen others are spending over $100k monthly in a $1.5M Albany lobbying blitz.
News
Hard protests have rocked Canada due to its strict COVID 19 protocols. The country invoked the National Emergency Act to deal with ‘rogue’ protestants, but it has given the government power to ignore important financial protocols. The government can access bank accounts and freeze them without a court order. As a result, Canadians are going BTC, and the government is under scrutiny from prominent figures and authorities.
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Tether, the parent company to the world’s most significant stable coin, USDT has come out again to defend the coin’s backing with a new report. The controversial company claims that the consolidated assets of the USDT project are worth more than its current liabilities. The company explains that it now owns 21% less commercial paper than Q4 of 2021, alleviating concerns over the Evergrande debt.
News
Canada’s PM Justin Trudeau invoked a country-wide Emergency Act against the Ottawa trucker convoy. The Emergency Act criminalizes many things, among them; financing the protestors. To enforce the rule, the government has full authority to freeze bank and crypto trading accounts suspected of aiding the truckers. According to finance minister Chrystia Freeland, the country is also considering making some of the current rules permanent.
News
A massive Credit Suisse leak has exposed dirty players, including corrupt politicians who own over 80B Euros in the Swiss bank. A whistleblower leaked the bank’s data to expose immoral banking practices behind the organization.
News
Earlier this week, Venmo and its parent company PayPal Holdings Inc. notified its users that it was restructuring crypto fees for payments under $200. The company said that it targets to increase the transparency of transactions. However, a closer look suggests that investors making transactions under $100 will be affected by higher fees
News
deter their officials from further scandals. Per the report, Federal Reserve members are prohibited from holding investments like cryptos. The new restrictions aim to prevent a reoccurrence of ethics scandals that menaced the US Central Bank last year.
News
An NYSE trademark filing has leaked and shows that the exchange plans to offer a cryptocurrency and become an NFT marketplace. The exchange first minted NFTs last year during its IPO, and now its targets to be a significant NFT marketplace like OpenSea.
News
US’s largest bank JP Morgan has confirmed the purchase of a metaverse lounge in Decentraland. The bank is now the first financial institution globally to enter the crypto sphere through the metaverse.
News
Binance, the largest crypto exchange, has confirmed taking a $200M stake in Forbes. The funds from Binance will help the news company to carry on with its plans to merge with a publicly traded special purpose acquisition company (SPAC). Binance also plans to replace half of the $400M from other institutions' commitments in Forbes to make it one of the two largest owners of Forbes.
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