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Indian Government to Make Additional Changes to Crypto Bill: Report
16.12.2021
The Indian government is reportedly making additional changes to the country’s crypto bill. The bill, which is listed for the current session of parliament, may be taken up in the budget session instead. According to reports, the government could also “consider bringing an ordinance...
Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf
14.12.2021
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known...
E-Commerce Giant Amazon Backs Wax Blockchain-Based Fractional Trading Card Market Dibbs: Report
11.12.2021
According to reports, the e-commerce giant Amazon has recently invested in a fractional sports trading card marketplace called Dibbs. The platform, built on top of the Wax blockchain, allows users to purchase and sell fractions of collectible trading cards. Reports further add that the financial...
Indian Crypto Bill: Exchange CEO Discusses What to Expect
6.12.2021
There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed...
India’s Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report
3.12.2021
India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI). Crypto Will Not Be Banned in India, Cabinet Note Indicates Despite...
Interactive Brokers Reports 22% Rise of YoY in November DARTs
3.12.2021
Interactive Brokers LLC, a prominent trading electronic venue in the United States, has revealed its November trading figures, which saw a 22% increase in daily average revenue trades, or DARTs. In terms of DARTs, the broker recorded 2.793 million for the month, 21% more than the previous month....
Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao
2.12.2021
The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million...
Twitter’s Pro-Bitcoin CEO Jack Dorsey to Step Down – Reports
29.11.2021
Twitter co-founder and CEO Jack Dorsey is expected to step down from his role as chief executive of the social media platform, several media outlets reported on Monday.
The news was first reported by CNBC, while Reuters and Bloomberg also reported on the story, all citing unnamed sources “familiar...
El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare
28.11.2021
As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220....
Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India
26.11.2021
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There...
‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power
20.11.2021
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies...
Wall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial
15.11.2021
During the last week, mainstream media outlets have been publishing reports that say “Bitcoin’s creator Satoshi Nakamoto could be unmasked at [a] Florida trial.” Alongside this, the name “Satoshi Nakamoto” has been trending in people’s discussions on social...
US President Biden Nears Decision to Choose Fed Chair — Reports Indicate Toss-up Between Powell and Brainard
13.11.2021
Following the passing of the Biden administration’s infrastructure bill, the U.S. president appears to be nearing his decision on whether or not he will reappoint Jerome Powell, the current Federal Reserve Board chairperson. According to a few reports Powell may be chosen, but other reports...
India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors
12.11.2021
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors...
Did conflicting reports about Evergrande defaulting cause Bitcoin to tank?
11.11.2021
Fears about the stock market and Tether's reserves have also led some to believe the Bitcoin price could be in trouble
Athletic Shoe Giant Nike Looks Poised to Tackle Metaverse and NFTs: Report
8.11.2021
Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks”...
Onecoin’s $18.2M London Penthouse: Trial in Germany Reveals ‘Cryptoqueen’ Ruja Ignatova’s Lavish Lifestyle
7.11.2021
The Onecoin Ponzi scheme is still making headlines as reports from a trial in Germany revealed the missing ‘Cryptoqueen,’ Ruja Ignatova, purchased a London penthouse worth $18.2 million with proceeds from the Onecoin operation. The Münster court’s findings stem from...
Silk Road 2 Admin Forfeits $667,000 in Bitcoin to British Law Enforcement
3.11.2021
According to reports, the founder of the now-defunct Silk Road 2 marketplace has forfeited more than half-billion dollars worth of bitcoin to British authorities. White’s Silk Road 2 admin handle was called “Cthulhu,” and he also dubbed himself as “DPR2.” Silk...
Long-Term Bitcoin Holders Continuing the Trend: Kraken Reports
1.11.2021
Kraken recently released its Shocktober report, revealing major information about Bitcoin. The report states that most BTC miners still maintain their original holdings even under adverse conditions. The one-year received supply of Bitcoin shows a granular view of long-term hold supply....
Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation
1.11.2021
Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by...