Bitcoin News Roundup for March 26, 2020

news As Russia’s cryptocurrency bill slowly inches forward, a government official has hinted at what may lie ahead when the legislation is finally passed. According to a report from local news source Interfax.ru, Deputy Finance Minister Alexei Moiseyev told journalists on Friday that among the options currently being discussed is to allow the buying and selling…

Bankrupt crypto exchange FTX owns around $417 million of Grayscale’s Bitcoin Trust (GBTC), according to a court filing, and analysts are speculating over what this means for the price of the fund when the estate winds down those holdings.Current FTX management has said its intention is to return funds to creditors in fiat currency rather

Cryptocurrency-backed loan provider SALT Lending announced it will now serve customers in 20 new U.S. states on Wednesday.

news Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks. Carmi became BitGo’s head of financial services, joining the company after working at Tower Research Capital, an asset management firm where he was a global head of the fixed income instruments, currencies, and commodities business. It…

Bitcoin Rises in Line With Stocks After Dip Below $9KBitcoin’s positive correlation with stocks continues Monday, with the cryptocurrency drawing bids alongside gains in global equities.  As of 09:35 UTC, the leading cryptocurrency by market value is trading at $9,190, representing a 1.4% gain on a 24-hour basis, according to CoinDesk’s Bitcoin Price Index.  Meanwhile,…

news Michael Arrington-backed crypto loans provider Nexo has announced that it will accept the gram token from messaging app firm Telegram as collateral. Nexo told CoinDesk that, following the first public sale of gram tokens through the Liquid exchange platform, kicking off on July 10, it is allowing customers to use grams as backing for its…

June 27: Immunefi, an on-chain crowd-sourced security platform, released its "Crypto Losses in Q2 2024 report," showing a loss of $572 million to hacks and rug pulls in Q2 2024, a 112% increase compared to the same period in 2023. According to the team: "This brings the total losses to over $920 million year-to-date, with

The CEO of Dubai's crypto regulator, Henson Orser, is set to be replaced by Matthew White, a partner at PwC, the Virtual Assets Regulatory Authority (VARA) said in an email.Bloomberg reported the change earlier, citing a statement from the regulator.Additionally, more than 12 crypto companies are set to be fined for not complying with guidelines

A U.K. bill giving regulators the power to supervise crypto and stablecoins was approved by King Charles Thursday, marking the last formal stage that makes the bill law.Royal assent, a purely procedural step following agreement from lawmakers, makes the Financial Services and Markets Bill an Act, and includes measures to bring crypto and stablecoins into…