Investor, entrepreneur, Shark Tank star Kevin O'Leary said in a tweet that Bitcoin is not just a coin or cryptocurrency; it's a software. He answered the institutions that criticize him for investing in BTC, that for him it's completely the same, to invest in BTC or to own large shares in tech...
The US SEC started an investigation of the crypto company Binance and two other trading platforms; Merit Peak Ltd and Sigma Chain AG. The two function as market makers that purchase and sell cryptos to Binance US to reduce price volatility. According to a report by Wall Street Journal, the agency...
Long-time crypto critic, investor Charlie Munger stated his opinion about cryptocurrencies. He also criticized the federal reserve policy and the high inflation rate. According to Munger, fiat currencies will hit zero in the next 100 years. The businessman even said that inflation is the most...
The CEO of financial company SoFi, Anthony Noto said that his family holds crypto and that it would be a mistake for enterprises to ignore blockchain technology despite the risks of that digital assets present. In a CNBC interview, Noto mentioned that the crypto industry is still at its early stage...
Major streaming service and production company Netflix revealed that it had ordered a doc series about the couple, who allegedly attempted to withdraw funds from one of the largest crypto hacks. The hack happened in 2016 when hackers managed to exploit the crypto exchange Bitfinex and seize about...
György Matolcsy, the governor of the Hungarian National Bank (Magyar Nemzeti Bank in Hungarian) said at a press conference that it's time for the European Union to act upon crypto, and ban crypto trading and mining activities. Last year, the government of China announced all crypto activities as...
Shibarium, the Layer 2 scaling solution for the Shiba Inu, will be launched soon. It is expected to go live in the first half of 2022. However, the official date wasn't announced yet. According to the 2022 roadmap of the public/private blockchain ecosystem, Unification Foundation, developers are...
Polygon, an Ethereum scaling solution, has attracted $450 M, in a funding round led by Venture Capital Sequoia Capital India. SoftBank, Galaxy, Tiger, Republic Capital, and others also took part in the fundraising. The amount was raised via a private sale of MATIC, the native crypto of the...
A recent study by the trading platform eToro found out that financially stable people, who are also savvy, are more attractive for going out on a date. Based on the survey answers, 33% of Americans would be more likely to date someone who added crypto in their dating profile. Also, the study found...
LEO token hit a new all-time high, going above $5.23. It has a market cap of nearly $5 billion. LEO is a utility token operating on the Bitfinex trading platform and the Ifinex ecosystem. Bitfinex launched the token in May 2019 via Initial Exchange Offering (IEO)....
In a recent interview on The David Rubenstein's Show, billionaire investor Ray Dalio said that he finds crypto interesting, and holds a small part of his holdings in digital assets for diversification. However, the entrepreneur also mentioned that the sector is vulnerable. Dalio said it can be...
Rules for tax on crypto have been uncertain in the US. As a result of a lawsuit, started in May 2021, the Internal Revenue Service said that it would refund $3,293 in income tax (and statutory interest) to a Nashville couple. Previously, the couple had paid the amount on 8.876 Tezos tokens they had...
During a budget presentation today, India's Minister of Finance Nirmala Sitharaman revealed plans for the release of national digital currency and the taxation of the revenue from crypto assets for 30%. As announced, the Reserve Bank of India intends to release a digital rupee in 2022-2023. The FM...
Crypto Open Patent Alliance announced welcoming Meta onboard, saying the step is the biggest commitment to patent non-aggression till today. COPA is a non-profit community, formed in September 2020 by Jack Dorsey's Square company. It has a mission to make technology on crypto accessible for all...
The U.S. Securities and Exchange Commission is examining the products of crypto companies Celsius, Voyager, and Gemini. According to a Bloomberg report, the scrutiny is a part of an expanded inquiry into businesses that provide lending products and allow customers to deposit tokens and earn...
The president of Russia, Vladimir Putin does not totally agree with the position of the country's Central Bank that crypto mining and trading should be banned. Today, during the meeting with the government members, Putin talked about crypto regulations. Referring to the paper released recently by...
Digital currency investing and cryptocurrency asset management company Grayscale published a new list of assets it considers to add to its investment products. There are various cryptos listed such as DeFi, Layer 1, and Metaverse tokens. The total number of the included assets is 25. Among them are...
Lloyd Blankfein, who served as the senior chairman of Goldman Sachs previously, expressed his views on the crypto sector during a recent talk at Squawk Box. Being skeptical about crypto previously, Blankfein said that his views have been evolving. To the question of what his opinion is for the...