Biden misses chance to 'correct' position on crypto — Senator Lummis
United States Senator Cynthia Lummis claims that US President Joe Biden “doubled down on his administration’s failed policies.”
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Celsius reportedly seeks advice from lawyers on restructuring
Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing. 962 Total views 6 Total shares Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential solutions to the firm's financial woes. The firm is reportedly looking for…

From DeFi year to decade: Is mass adoption here? Experts Answer, Part 1
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Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week
Bitcoin price has seen a record inverse correlation with the Chinese yuan (CNY) this week, according to an analysis from Bloomberg on Sept. 6. This suggests that investors are using the digital currency as a hedge against the yuan’s falling value.Bitcoin/CNY correlation chart. Source: Bloomberg Weakening yuan causes price premium on bitcoin in ChinaFurther evidence that…

Hybrid crypto exchange GRVT secures Bermuda license
CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said.

South Korean regulator to reportedly shut down 11 crypto exchanges
Sources claim that several mid-sized crypto exchanges in South Korea would not be able to get approval from the FSC. 982 Total views 135 Total shares South Korea’s top financial regulator, the Financial Services Commission, is reportedly planning to shut down a dozen local cryptocurrency exchanges amid fraud allegations.The FSC will suspend operations of at…

$257 Million ICO Project Filecoin Has New Launch Schedule, Gemini Custody Solution
After facing multiple delays, Filecoin (FIL) is now looking toward a mainnet launch in Q3 2020 — which will be supported by a Gemini exchange custody solution.Filecoin will send ICO participants their FIL coins on Gemini’s custody platform after the project’s expected Q3 launch, Gemini said in a Feb. 25 announcement.A file storage solutionThe Filecoin…

Bitcoin ATM Firm LibertyX Expands Locations via New Partnership
LibertyX, the firm that launched America’s first Bitcoin (BTC) automated teller machine (ATM), will add 90 new machines to its network.In order to expand the network, Boston-based LibertyX has partnered with independent ATM operator DesertATM, according to a report by global ATM market publication ATMmarketplace on July 18.As a part of the partnership, DesertATM will…

How to buy Bitcoin with Apple Pay?
Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a good move for Bitcoin adoption since the Apple Pay digital wallet accounts for more than 507 million mobile wallet downloads and a dominating market share of 43.5% in the United States mobile payments market. This ability…