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Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services


The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon...

Nigerian Senators Blast Central Bank For Its Crypto Ban


Following the Central Bank of Nigeria’s (CBN) clampdown on banks facilitating crypto investments, a number of the country’s senators have voiced their outrage at the bank, calling on the Nigerian regulators to facilitate the further adoption of cryptocurrencies across the country. The CBN Governor...

PayPal Touts Crypto For Its 'Super App,' But It Won’t Buy Bitcoin Just Yet


Dan Schulman. Source: a video screenshot, Youtube/Axios Payments giant PayPal will “probably” not be following Tesla’s lead in bitcoin (BTC) buying just yet – but it will spare no effort in allowing its customers to fill their boots with crypto-related offerings. In presentations to investors...

Massive 70 MW Bitcoin Mining Rig Shipped to Russia


Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...

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