Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin.
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SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent enforcement actions had a negative impact on crypto prices last week and at the start of this week. The SEC is focusing on stablecoin issuers. The most recent SEC stablecoin crackdown was on Feb. 13 through…

Decentralized search engine becomes default option on European Android devices
Presearch is backed by a community of node operators who process user search requests and earn rewards through the Ethereum-based PRE token. 778 Total views 18 Total shares Beginning Sept. 1, decentralized search engine Presearch will be listed as a default option on all new and factory-reset devices sold in the United Kingdom and Europe,…

FCA issues warning, bans Pump.fun in the UK
The United Kingdom’s financial watchdog has blocked Pump.fun following a warning that the firm is not authorized in the country.

Robinhood COO praises Shiba Inu as crypto wallet waitlist grows to 1.6M
Pressure is mounting for Robinhood to list one of the most popular meme coins on the market and the waitlist for the platform's crypto wallet has grown to 1.6 million users. 52 Total views 1 Total shares Robinhood COO Christine Brown has praised the Shiba Inu community but said safety was the platform’s priority over…

Russia: New Law Would Let Police Confiscate Bitcoin From 2021
Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC). As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s interior ministry will work with various state organs to draw up the plans, which could enter into law in 2021. Confiscating the…

Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers. 382 Total views 5 Total shares United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on a…

Bitcoin hits $45K, TWTR stock price rises 3.8% after BTC tipping comes to Twitter
Twitter's stock feels the benefit of the "orange pill" as surging stocks add to positive tailwinds for Bitcoin. 1714 Total views 33 Total shares Bitcoin (BTC) hit four-day highs of $45,000 on Sept. 24 as the market digested news that Twitter had enabled BTC tipping.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTwitter stock surges 3.8% on…

Stripe will offer bank accounts, with help from Goldman Sachs and Citi
But only for vendors, so retail users will have to wait. 2486 Total views 16 Total shares Online payments giant and Cash App owner Stripe is stepping into a new realm of financial services for vendors.Per a Wall Street Journal exclusive on Thursday, Stripe is looking to offer customers bank accounts and debit cards. However,…