Businessman Jack Dorsey said he sees a possibility to include Bitcoin's Layer 2 solution Lightning Network into one of the media platforms led by him. When Dorsey posted about sphinx_chat, a forum where people can talk about lightning, a user named @deyonte, suggested Lightning Network's inclusion...
The press center of the Texas Department of Banking said that now local lending institutions can process customer transactions with cryptocurrencies. In particular, they will be able to provide services for storing and accepting bitcoin or other virtual coins. A special order from the department,...
In one of his recent interviews to CNBC, Reddit co-founder, American internet entrepreneur and investor Alexis Ohanian talked about crypto, momentum investments and his crypto holdings. When asked what cryptocurrency is worth thinking about, Ohanian said his answer won’t be Dogecoin. He...
Ken Moelis, the chairman of an international investment bank and financial advisory Moelis & Co disclosed during a Bloomberg Deals that he is exploring the crypto industry and for new possibilities both for himself and for business. Talking about the crypto industry, Moelis said his entity is...
The Ministry of Public Security in China announced arresting more than 1.100 persons, who are accused of money laundering for telecommunication network fraud. Beforehand, the Chinese government reiterated the crackdown on crypto trading and mining. The country's police and security authority...
Internet giant Google reviews its ad approach concerning the crypto industry. In a released post related to policy change on finance goods and services, the entity informs that from August 3, ad issuers suggesting crypto exchanges and wallets focused on the US may advertise products and operations...
Ron Paul, former U.S. Representative for Texas's 22nd congressional district, said in a recent interview that he finds Bitcoin is a form of money and should be treated like that. There were discussed topics as inflation and issues with money printing and supply. Dr. Paul has always been a...
On June 1, leading crypto exchange Coinbase published a blog post informing about the addition of DOGE to its platform for professional traders. The option to purchase Dogecoin will be unlocked for Coinbase Pro users from 9 AM June 3 if liquidity requirements are preserved. The launch will take...
Affordable government-supported power supply in Argentina opens more BTC mining opportunities allowing to mine from home. Generally, BTC mining is growing in places with low utility prices as it brings more income. As for Argentina, experts say the new policy adopted by the government can be used...
While the Chinese government takes measures to regulate the crypto industry, traders find the solution via OTC (over-the-counter) desks. As reported by Bloomberg, after China announced the latest crackdown, there has been a huge uptick in OTC service usage. Trading crypto isn't allowed in the...
The White House released a new document on the US budget government. There are offers for changes concerning crypto regulations. The budget was issued on May 28. It is the first one introduced by Joe Biden's presidency. Two crypto points included in the paper define to provide more information to...
The US government agency Office of the Comptroller of the Currency will reconsider the crypto policy put forward by the previous management last year. Michael Hsu, who was assigned the role of Acting Comptroller of the Currency on May 10, made the request. He said that OCC has always been...
American multinational investment bank Goldman Sachs recently recognized cryptocurrencies as a category of assets. The screenshots were published on Twitter by economist Alex Krueger. Crypto, a new asset class - quite a comprehensive report by Goldman. pic.twitter.com/FP2sewJCTx— Alex Krüger...
On Friday China reiterated its approach towards BTC mining and trading operations restriction. The crypto market crash continues. BTC price has lost over 22% during the previous 7 days. Currently, it trades at around $37.000 with a market cap of $697 billion. China's Vice Premier Liu He and the...
The US National Treasury issued a report which defines new regulatory terms for cryptocurrencies. Transactions worth $10.000 and more must be reported to the IRS. This proposal was made in terms of president Biden's suggested American Families Plan. It puts forward a number of changes like...
On May 20 Ethereum co-founder Vitalik Buterin gave an interview to CNN business. Talking about the recent crash in the crypto market, Buterin said it didn't surprise him. According to him, cryptocurrencies are in a bubble, and it's difficult to guess when they will rise. Buterin said it can happen...
After seeing a major decline and dropping to $30.600, the price of Bitcoin seems to be recovering. The cryptocurrency gained $10.000 in a day and currently trades at around $39.900. BTC dominance index stands at 43.09% which is up by 2.7% in a day and the market cap is $753.9 billion. Most...
Crypto management platform BlockFi sent users large sums in Bitcoin by mistake. The payments were thought to be done in terms of a promotion that rewarded users with bonuses in USD stablecoins. The promotional period lasted from March 18 to 31 and the rewards were to be transferred to people's...