Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash

RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. 1130 Total views 44 Total shares India’s central bank, the Reserve Bank of India, seems to finally be clarifying its stance on financial services for cryptocurrency-related businesses. In response to a right to information request, the RBI…

The Texas-based miner raised more than $38 million in two separate funding rounds. 2773 Total views 17 Total shares Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead.Off The Chain Capital and Foundry Digital,…

The “realized cap” of Bitcoin (BTC), a statistic observed by on-chain market analysis platform Glassnode, has hit a new all-time high on June 19. It may indicate an overall increase in new investors in the cryptocurrency market in recent months.Glassnode said:“Bitcoin's Realized Cap has hit a new all time high. At $106.63 billion, it has…

Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration.What started as a flex statement for early adopters has now become a way of revamping legacy systems and improving immutability, transparency and decentralization.Despite its proven real-world use cases, most government agencies continue to

EY Japan, the Japanese branch of global accountancy firm Ernst & Young, has announced plans to launch a blockchain system for tracking Japanese sake and fruit and preventing the sale of fraudulent or counterfeit products.According to Asian Nikkei Review, EY Japan’s SAKE Blockchain will be rolled out across Asia once the threat of the coronavirus…

Speaking to Cointelegraph, the CEO of security token custodian Digivault predicted that regulatory clarity will light the fuse for the tokenization revolution. 474 Total views 10 Total shares With tokenization offering significant efficiency savings and global liquidity pools to existing regulated asset classes, security tokens appear poised for rapid adoption within the mainstream business community.To…

People have talked in glowing tones about the transformative properties of blockchain since Satoshi Nakamoto launched Bitcoin (BTC) back in 2009 — books have been written, thousands of panels and presentations have complemented its prospects, costumed Bitcoin maximalists have flaunted their newfound wealth. Despite these commendations, the transformation has been slow.However, whether the delay was…

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.