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XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges
27.1.2021
It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged.
At the time of writing (13:41 UTC),...
Ethereum’s realized cap spikes to record highs as capital floods in: Report
27.1.2021
Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH
Report Claims Harvard, Yale, and Brown University Endowments Have Been Discreetly Buying Bitcoin
26.1.2021
According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other...
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
26.1.2021
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits...
Report: Harry Potter Spinoff Series Being Considered for HBO Max
25.1.2021
The Wizarding World of Harry Potter may be coming to streaming. The Hollywood Reporter says WarnerMedia is actively seeking out writers and ideas to bring the franchise to its HBO Max streaming service.Read more
Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
25.1.2021
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to...
Should I Buy Bitcoin? — Switzerland’s Largest Bank UBS Provides Guidance on BTC Investing
25.1.2021
Switzerland’s largest bank, UBS, has published guidance for clients about investing in bitcoin. The bank answers some important questions, such as whether one should buy bitcoin and other cryptocurrencies and whether bitcoin can be used to diversify portfolios. ‘Should I buy’...
Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
24.1.2021
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices...
Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business
24.1.2021
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations. Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business...
Report: Vicarious Visions Is Working On A Diablo II Remake
23.1.2021
Earlier today, Activision Blizzard announced that it had absorbed Tony Hawk’s Pro Skater 1+2 developer Vicarious Visions to provide support on future projects. A few hours later, we now know that one of those projects is a Diablo II remake.Read more
Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator
22.1.2021
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency...
Report: $250 Collector's Edition Of Cyberpunk 2077 Gets Refunded, Player Gets To Keep It Anyway
21.1.2021
For the last month, digital storefronts, brick-and-mortar retailers, and developer CD Projekt Red have been processing refunds for Cyberpunk 2077’s busted console version. That includes the game’s $250 collector’s edition, which in one case CDPR refunded without making the customer in question...
Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar
21.1.2021
According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines...
Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud
20.1.2021
The company shed $130 million in value after J Capital’s report
Asia accounts for almost half of global crypto trading: Messari report
20.1.2021
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined
Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
19.1.2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific...
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
17.1.2021
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S....
JPMorgan Chase execs weigh in on stablecoin regulation, crypto competition
16.1.2021
While the OCC's new stablecoin guidance doesn't have an impact on JPM Coin, it could lead to crypto payments if there's demand
Report: Cyberpunk Development Didn't Really Start Until 2016
16.1.2021
Cyberpunk 2077 was announced back in 2012 and shown off to the world with a cinematic trailer in 2013, but work on the game didn’t begin for real until 2016, according to a new report by Bloomberg. That’s when CD Projekt studio head Adam Badowski took over as director, several veteran developers...
Coinbase users can now report their crypto taxes using CoinTracker
15.1.2021
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before