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Elon Musk Ponders Tesla Putting Billions Into Bitcoin, Asking if Such Large Transactions Are Possible
21.12.2020
Tesla and Spacex CEO Elon Musk made a series of tweets about bitcoin on Sunday. One of them concerns whether it is possible to buy bitcoin in “large transactions,” particularly for Tesla to convert its U.S. dollar reserves into bitcoin. Microstrategy’s CEO told Musk that this move...
'Bitcoin never gets hacked' — crypto players respond to US Treasury breach
14.12.2020
"Bitcoin means trusting a SHA256 algorithm more than the U.S Treasury," quipped Blockfolio
US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
12.12.2020
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed...
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings to $3.6 Million
10.12.2020
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The Canadian Securities Exchange-listed firm spent about CAD$1...
US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs
10.12.2020
Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might "crush a nascent industry."
Microstrategy Plans a $400 Million Capital Raise to Buy More Bitcoin
9.12.2020
Microstrategy Inc., said Monday that it is planning to sell $400 million in convertible senior notes to private investors so that it could buy more bitcoin. The Nasdaq-listed business intelligence and mobile software company already holds 40,824 bitcoin (BTC) in reserve, valued at $776 million...
Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...
US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation
4.12.2020
The department wants state and federal regulators to keep a vigilant watch on digital asset innovation
Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
2.12.2020
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain...
Canadian Public Company Dumps Ethereum and Monero for Bitcoin
30.11.2020
A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings,...
Veteran Analyst Says BTC Might See Further Correction but ‘Prices Have Not Topped’
28.11.2020
Following bitcoin’s sharp pullback on November 26, renowned trader Peter Brandt says BTC is likely to see a further correction, although he thinks prices have not topped. The comments follow the massive sell-off of cryptos that resulted in traded volumes of $8.5 billion being recorded across...
Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin
26.11.2020
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect...
Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
26.11.2020
Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges
Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report
25.11.2020
Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary
In Her Own Words: Here’s What Janet Yellen Has Said About Bitcoin
24.11.2020
Janet Yellen wasn’t a fan of bitcoin when she ran the Fed. Her views as Treasury Secretary may shape crypto regulation over the next four years
Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
23.11.2020
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto
Meet the $10B Asset Manager With a 10,000 BTC Treasury, feat. NYDIG’s Robby Gutmann
12.11.2020
One of the (quietly) largest players in the institutional bitcoin space discusses NIDIG, the changing investor landscape and more, in his first-ever podcast interview
A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions
12.11.2020
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter...
Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines Other Earnings
29.10.2020
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO...
US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million
20.10.2020
Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19...