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Genesis CEO Michael Moro Thinks Mistakes Keep Institutions Away From Defi
9.10.2021
CEO of trading firm Genesis, Michael Moro, stated that according to his views the decentralized finance (defi) space is still too risky for institutions to step in. Moro explained that there have been some important mistakes made by high-profile defi protocols that are putting customers’...
NFT Tax & ‘Practical Difficulties’ with Crypto Tax In Spotlight In S Korea
8.10.2021
nk" rel="noopener noreferrer" href="https://cryptonews.com/news/seoul-to-hold-firm-on-crypto-tax-launch-suggests-nft-tax-may-follow.htm">reported earlier this week, the Finance Minister and Deputy Prime Minister Hong Nam-ki insisted that the much-maligned 20% levy on crypto trading profits over
JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge
8.10.2021
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not...
Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow
7.10.2021
dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1
Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies
7.10.2021
On October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies via Bitpay’s payment services. Pacsun says the company has a youthful audience that is “very tech-oriented” and the firm has seen an “increasing desire towards...
Chainalysis acquires cybercrime investigative firm Excygent in fight against ransomware attacks
6.10.2021
“Following the flow of ransomware payments on the blockchain is instrumental for law enforcement to understand and dismantle ransomware operations,” said Chainalysis CEO Michael Gronager
American Collectibles Giant Topps Launches Series 2 MLB NFT Collection
6.10.2021
The American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., announced the launch of the second series 2021 Topps Baseball NFT collection. The latest non-fungible token products from Topps follow the company’s MLB Inception NFT collection release....
Real estate investment firm adopts Bison Trails’ Provenance blockchain
5.10.2021
Blockchain technology is said to provide more efficiency and transparency around real estate investment management
Canadian Bitcoin mining firm Link Global faces $5.6M penalty
5.10.2021
Link Global has received an extension to Oct. 14, 2021, as the deadline for filing its response to the action
Esports Organization TSM FTX Partners With Solana and Serum-Powered NFT Game Aurory
5.10.2021
On October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT) collection in partnership with the Solana blockchain-based NFT game Aurory. TSM FTX Collaborates With Solana and Serum-Powered Blockchain Game Aurory During the first...
Silvergate Bank issues $100M credit line to mining firm Marathon Digital
4.10.2021
"We remain optimistic that we are well positioned to scale our hash rate to 13.3 EH/s by the middle of 2022,” said Marathon Digital CEO Fred Thiel
Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils
4.10.2021
Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the...
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
3.10.2021
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support of a fintech startup based in Japan. Central Bank of Laos Joins Race...
Billionaire Orlando Bravo Owns Bitcoin, Says ‘It Will Increase Significantly, I’m Very Bullish’
1.10.2021
Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized....
Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto
30.9.2021
On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value...
DC Comics Aims to Release ‘One of the Largest NFT Drops Ever’ at This Year’s Fandome
30.9.2021
One of the largest and oldest American comic book publishers DC Comics, Inc., has announced the firm has partnered with Palm NFT Studio in order to unleash a large swathe of non-fungible token (NFT) collectibles. The NFT drop will take place during the DC Fandome on October 16 and the NFT art will...
Taking Coins from Bugged Compound Contract: Illegal, Unethical or Perfectly Fine?
30.9.2021
analytics firm DeFiPrime, “claiming [COMP] from [the] bugged smart contract is illegal or unethical?”The replies range from both, to neither, and to “economically rational.” Many more it seems would
Green Bay Packers Running Back Aaron Jones Joins Crypto Exchange FTX’s Ambassador Team
28.9.2021
On Tuesday, the crypto firm FTX Trading Ltd, announced that the Green Bay Packers running back Aaron Jones has joined the company as an FTX Ambassador in a long-term partnership. The collaboration with the NFL player follows the firm’s partnership with seven-time Super Bowl winner Tom Brady...
Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’
28.9.2021
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested...
Northern Data AG Acquires Bitcoin Miner Bitfield — 33,000 Miners Gained in Stock-for-Stock Deal
28.9.2021
On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern Data says the company will obtain 33,000 of the latest generation ASIC bitcoin...