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Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days
28.9.2020
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment...
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory
27.9.2020
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry...
The CFTC Files Complaint Against Crypto Trading Company
26.9.2020
The United States Commodity Futures Trading Commission (CFTC) on Thursday, September 24, filed a complaint against crypto dealing Paxforex for allegedly soliciting or accepting business from US customers without relevant registration. According to a report, the CFTC wants a U.S. court to stop...
This Entrepreneur Was SIM Swapped So Often, He Started a Company to Fight It
25.9.2020
Efani’s solution to SIM swapping? Make it so difficult to make changes to a cell phone account that an attack is virtually impossible
Indian Police Probe Crypto Exchange and Founders Allegedly Running a Scam
25.9.2020
Delhi police are reportedly investigating a cryptocurrency exchange and its executives allegedly duping Indian investors after receiving multiple complaints. The complainants further say the company has moved office overseas without returning their investments. Police Investigate Crypto Scam After...
Dapper Labs and Blockparty Join Forces to Bring A New Breadth of Digital Collectibles onto Flow
25.9.2020
VANCOUVER / SEPTEMBER 25, 2020 — Blockparty—the New York-based rare digital collectibles marketplace that launched last month to foster more meaningful fan engagement for artists, musicians, and sports teams—today announced a partnership with Dapper Labs, the company behind...
SEC halts trading for blockchain company run by former Ron Paul staffer
24.9.2020
A blockchain company run by an ex-staffer of former Presidential candidate Ron Paul has received a temporary trading suspension from the SEC
Cryptocurrency ETF by Nasdaq and Hashdex Approved to List on Bermuda Stock Exchange
24.9.2020
A cryptocurrency exchange-traded fund (ETF) by Nasdaq and Brazilian fund manager Hashdex has reportedly been approved to trade on the Bermuda Stock Exchange. Hashdex says the new cryptocurrency investment product tracks the Nasdaq Crypto Index. Hashdex Says ETF Will Track Nasdaq Crypto Index...
Billionaire Paul Tudor Jones Would Buy More Bitcoin If He Really Understands It, Says Microstrategy CEO
23.9.2020
Prominent hedge fund manager Paul Tudor Jones’ understanding of bitcoin has come into question since he only invested about 1% of his assets in the cryptocurrency. According to the CEO of Microstrategy, the Nasdaq-listed company that recently invested almost half a billion dollars in bitcoin...
Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies
22.9.2020
New research from the digital currency insurance firm, Evertas, shows that a surveyed group of investors managing roughly $78 billion in collective assets believes that during the next five years, institutional investors will “dramatically” increase their crypto asset holdings. This...
Leaked Data Outs Bitcoin Investment Company as Scam: Founders Deny the Allegations
22.9.2020
A South African group calling itself “Anonymous ZA” has published fresh information that seemingly supports long-standing allegations that Mirror Trading International (MTI), an ostensible bitcoin investment company, is running a multi-level marketing scam. The new information, which...
Iran Grants Bitcoin Miners Exclusive Access To Electricity From Three Power Plants
22.9.2020
Iran has granted bitcoin miners exclusive access to electricity generated from three power plants for their mining activities, according to state power utility Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news agency on Monday that...
Publicly Listed Energy Firm Equinor Exploits Gas Flaring in North Dakota to Mine Bitcoin
21.9.2020
Just recently, the firm Arcane Research recently revealed a number of screenshots from the publicly traded energy firm, Equinor. The pictures show the multinational company leveraging natural gas flaring to power bitcoin mining operations. In recent years, using the unorthodox gas flaring scheme...
Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours
20.9.2020
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased $425 million worth of bitcoin. Billion Dollar...
A cloud company announces the listing of its coin on Bittrex
19.9.2020
The listing will make blockchain ownership more decentralized
MicroStrategy’s CEO reveals the company’s surprising Bitcoin buying strategy
18.9.2020
Such an effort may show long-term dedication to the asset class
Binance Supporting Flow Blockchain with BUSD Stablecoin
17.9.2020
New York, September 17, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, announced today the agreement to support BUSD stablecoin on Flow, the blockchain developed by Dapper Labs, the company behind...
Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank
17.9.2020
Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday...
Global Digital Industry Group Launches Mining Business Bitworld
17.9.2020
The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...
Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker
17.9.2020
Decentalized finance (defi) protocol Bzx has recovered the $8.1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. Cornered, the attacker returned the loot. “All...