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Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024
13.6.2023
Blockstream expects to raise more capital to fund its mining business
Majority of Americans Hesitant to Embrace Central Bank Digital Currency, Survey Finds
13.6.2023
A recent poll conducted by the Cato Institute and public opinion firm Yougov reveals that the majority of Americans are hesitant to adopt a central bank digital currency (CBDC). The findings indicate that support for a CBDC remains relatively low among survey respondents. U.S. CBDC Support Remains...
Crypto Tax Software Firm Taxbit Lays Off Almost 40% of Its Staff
12.6.2023
Taxbit – a software company that assists cryptocurrency holders with tax compliance issues – has cut nearly half of its staff in an effort to re-expand in the U.K. and EU, the company told employees on Thursday. ...
Read More: Crypto Tax Software Firm Taxbit Lays Off Almost 40% of Its Staff
Crypto Storage Firm Censo Offers Institutions Mobile Phone-Enabled Self Custody
12.6.2023
Censo is the latest in a crop of cheap, open-source options for organizations looking to store digital assets
The Potential of NFTs and the Metaverse ‘Remain Vast and Largely Untapped’ Says Peer Inc CEO
12.6.2023
According to Tony Tran, the chairman and CEO of Peer Inc, the cooling interest in non-fungible tokens (NFTs) and the metaverse particularly by corporations and tech giants like Meta does not signal their end but instead “it reflects the natural cycle of innovation.” In written answers...
If Microstrategy Chose ETH Over BTC, the Firm Would Be up 54% and Ahead by More Than $2B, Data Reveals
12.6.2023
At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy, a publicly-listed company, had 140,000 bitcoin (BTC) on its balance sheet. Despite this impressive figure, a data analyst at blockchaincenter.net compiled metrics that reveal the company’s investment has decreased in value...
Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review
11.6.2023
Seismic shifts have been occurring in crypto this past week, with the United States Securities and Exchange Commission (SEC) leaning remarkably further into what some call its “regulation by enforcement” approach, as the entity is now suing both Binance and Coinbase for securities...
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
Cardano Price Prediction as Research and Development Firm Input Output Responds to SEC's Claims that ADA is a Unregistered Security – What Happens Next?
9.6.2023
It’s been an ugly few days for ADA, the cryptocurrency that powers the Cardano blockchain, a decentralized smart-contract-enabled layer-1 protocol.
ADA dropped another near 7% on Friday to hit $0.30 per token and is eyeing a retest of March’s lows.
Losses on the week now stand at a staggering...
Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services
9.6.2023
The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers
Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure
9.6.2023
Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S....
COZ and Degenz․wtf Join Forces to Launch a Physical NFT Collection for ‘Shadow Brother Sunday’ at Tribeca Festival
9.6.2023
PRESS RELEASE. FORT COLLINS, CO / June 9, 2023 – COZ, a pioneering community in the blockchain industry, is excited to announce its collaboration with Degenz.wtf, a leading advisory firm, to support Alden Ehrenreich’s directorial debut, Shadow Brother Sunday, with legendary filmmaker Francis Ford...
ARK Invest Buys $19.9 Million Block Shares as Cathie Wood Stands Firm on Crypto
9.6.2023
Cathie Wood's Ark Investment has purchased around $20 million worth of Block shares as the crypto investment firm stand remains committed to crypto.
According to data provided by ARK Invest Daily Trades, ARK Invest acquired a total of 305,573 shares of Block across six intervals between June...
Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
8.6.2023
Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly transferred since his arrest in Montenegro...
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Source
8.6.2023
Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter
ConsenSys’ MetaMask Institutional Integrates With Custody Tech Provider Fireblocks
8.6.2023
The partnership, scheduled to go live June 12, will offer greater DeFi and Web3 Access to builder and institutional investors
SEC's Gensler claims ‘parallels’ between Binance and FTX, yet one wasn't sued
7.6.2023
“Every major player has been sued by the SEC except for FTX,” several members of the crypto community have noted
Chinese Yuan, Euro, Digital Currencies Challenge US Dollar Dominance, TD Economist Says
7.6.2023
A senior economist at financial services firm TD says the Chinese yuan, the euro, and digital currencies could erode the U.S. dollar’s dominance. “Several countries have shown frustration with the dominance of the dollar and are pursuing alternatives for conducting international trade...
Openai Boss Sam Altman Claims He’s Not Involved in Worldcoin’s Day-to-Day Operations at All
6.6.2023
After Tools for Humanity, the team behind the biometric cryptocurrency project Worldcoin announced it had raised $115 million in a Series C led by Blockchain Capital, Sam Altman, co-founder and chief executive of the artificial intelligence (AI) firm Openai, clarified at an event held at Tel Aviv...
Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield
6.6.2023
The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year