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Driving ‘purists beserk’: Co-chair of blockchain caucus wants to 'reverse' crypto transactions
30.6.2021
Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks
Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System
30.6.2021
Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial system. The central bank of Mexico, the finance...
China crackdown shows industrial Bitcoin mining a problem for decentralization
30.6.2021
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation
Korean Crypto Exchanges Consider Suing Government Over Banking Requirements
30.6.2021
All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law...
Indians Hold $40 Billion in Cryptocurrency, Report Suggests
29.6.2021
Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. Indian Crypto Investments Increase Amid Regulatory...
'We don't have much time left' to regulate crypto, says Bank of France governor
29.6.2021
"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau
Ark Invest Files for a Bitcoin ETF
29.6.2021
Ark Invest, the investment company founded by Cathie Wood, filed for approval to offer a Bitcoin ETF yesterday. 21Shares, an investment firm with experience launching related products in Europe, will help Ark to launch the product. Ark Invest is the latest of several funds showing interest...
El Salvador Gov’t: We’re Giving out Bitcoin – but Don’t Convert it to Fiat
29.6.2021
Source: Twitter/@Bitcoinbeach
El Salvador government officials said that the bitcoin (BTC) they plan to give away in forthcoming airdrops is for spending, not for converting into USD via crypto ATMs.
Per ElSlavador.com, the website of the El Diario de Hoy newspaper, the government, spurred on...
Altcoins bag double-digit gains as Bitcoin price approaches $37,000
29.6.2021
MATIC, SUSHI and CAKE soar after Bitcoin bulls finally press the price above the $35,000 resistance
Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG
29.6.2021
On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody...
Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility
29.6.2021
The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges
Craig Wright Wins Default Judgment Against Cobra — Bitcoin.org Forced to Remove White Paper
29.6.2021
The self-proclaimed inventor of Bitcoin, Craig Wright, has won a default judgment in London’s High Court in his copyright infringement case against the pseudonymous operator of bitcoin.org. According to a report, the website and its owner Cobra must remove the Bitcoin white paper from the...
Coinbase Approved to Enter German Cryptocurrency Market
29.6.2021
Cryptocurrency exchange Coinbase has obtained approval from Germany’s financial regulator, Bafin, to provide cryptocurrency trading and custody services. Coinbase Germany will launch in the coming weeks. Coinbase, a Nasdaq-listed company, announced Monday that it has secured a cryptocurrency...
Arca Debunks 10 Most Popular Crypto Bear Theses
29.6.2021
The common digital assets bear market theses don't have "a lot of substance" and are "most likely inaccurate," according to Jeff Dorman, the Chief Investment Officer (CIO) of US-based investment management firm Arca.
While many seem convinced that we are now in a bear market...
NBA, MLB, E-sports, And Now Bündchen & Brady Join FTX's Marketing Team
29.6.2021
Source: A screenshot, Instagram/tombrady
US-based model, activist, and businesswoman Gisele Bündchen and American football star Tom Brady have taken an equity stake in crypto derivatives exchange FTX and will become its ambassadors, working on the charitable side of the business as well.
The...
Standard Chartered, Fidelity, TP ICAP to Launch Cryptocurrency Trading Platform
29.6.2021
Fidelity, Standard Chartered Bank, and TP ICAP are collaborating to launch a cryptocurrency trading platform. It will feature a marketplace for spot crypto trading and provide “connectivity and post-trade infrastructure into a network of digital assets custodians.” TP ICAP, a leading...
Crypto ‘Undo Button’ Creator Kirobo Gives You Control Over Your Money
29.6.2021
Have you ever dreaded pressing ‘send’ on a crypto transaction, fearing you might have entered a wrong address by mistake? Kirobo is the innovative company that developed a solution for that, in the form of an ‘undo button’ that helps protect your funds. Learn how you can...
Bitcoin Climbs Above USD 35K, Ethereum and Altcoins In Green
29.6.2021
Bitcoin price stayed above the USD 34,000 pivot level and it extended its rise. BTC surpassed the main USD 35,000 resistance to move further into a positive zone. It is currently (12:27 PM UTC) showing positive signs, but the bears might take a stand near USD 36,500 in the short-term.
Besides, most...
Legendary Hip-Hop Artist Jay-Z Enters the NFT Sphere — Rapper Lauds Blockchain and Smart Contracts
29.6.2021
Widely regarded as one of the most influential hip-hop artists in history, Shawn Carter, professionally known as Jay-Z, has been dipping his toes into the ocean of non-fungible token (NFT) collectibles recently. The American rapper has also partnered with Sotheby’s to auction an NFT called...
Bitcoin price nears $36K as altcoins make 10% gains
29.6.2021
Double-figure returns not uncommon for altcoins on Tuesday, with Bitcoin facing major resistance on its way towards $40,000