FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’
FinCEN digital currency advisor, Michele Korver, believes cryptocurrency is a natural evolution in financial technology. Michele Korver, the first-ever chief...
Day: 29 July 2021
PayPal set to launch crypto trading in the UK and may embrace DeFi
The global payments platform wants to let British customers trade crypto on its new “super app”. Global payments platform PayPal...
Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’
Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving...
MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2
As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a...
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars
State Street Corp., one of the world’s leading providers of financial services to institutional investors, has announced the expansion of...
Mila Kunis’ ‘Stoner Cats’ NFT Sale Pulls in $8M — Animated Series Can Only Be Watched by NFT Holders
A new non-fungible token (NFT) project crafted by the American actress and producer, Mila Kunis, has made millions selling NFTs...
Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm
Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s...
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation...
Bitcoin traders express mixed emotions about what’s next for BTC price
Bitcoin traders are at odds about where BTC price may head after it failed to flip the $40,000 level to...
Okcoin secures regulatory approval in Malta and the Netherlands
CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans. Cryptocurrency exchange Okcoin...
Mining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs
The IRS has considered crypto mining revenue as part of taxable income since 2014. North American mining and hosting firm...
Multichain infrastructure network Biconomy concludes $9M investment round
The funds will be used to develop a “multichain relayer network” that provides solutions to Web 3.0 development issues.
Bitcoin bulls control Friday’s $1.7B monthly options expiry
Bitcoin's surge above $40,000 boosted the bulls' advantage in this month's $1.7 billion options expiry. On Friday, July 30, a...
IMF intends to ‘ramp up’ digital currency monitoring
The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions. The...
