Bitget secures regulatory license in Poland, reserve funds up $80M in Q1
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Chainalysis and Texas firm win million-dollar IRS contract to crack Monero
The IRS has named the winners of its bounty program to track transactions on privacy tokens and layer-2 protocols. On Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC.The IRS initially publicized its quest for…
Xpring Invests In Swedish Startup to Build XRP Hardware Wallet Firmware
Ripple’s investment arm and tech incubator Xpring has invested in Swedish cryptocurrency self-custody startup Towo Labs to build hardware wallet firmware.Xpring announced the news in a blog post on Oct. 16, stating that the startup plans to develop a new version of the XRP Toolkit and hardware wallet firmware supporting all XRP Ledger transaction types,…
Coinbase Considering Initial Exchange Offering Platform: Report
United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform.The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during a panel at the Invest: Asia conference on Sept. 11, crypto media outlet Coindesk reports.IEO platform could be announced within monthsDuring the…
Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s
Bitcoin (BTC) and crypto may yet see a long-term correction thanks to central banks keeping liquidity tight, Bloomberg warned.In its latest research, Bloomberg Intelligence revealed a cool stance on the ongoing 2023 crypto market rally.Bloomberg: Expecting BTC price to hold “may be illogical”Despite gaining 70% in Q1, Bitcoin is not convincing everyone that it will…
Andrew Tate and Iggy Azalea parodied in Beeple’s artwork
Beeple unveils "Mother and Daddy (2024)," blending digital finance and celebrity culture, featuring Iggy Azalea and Andrew Tate.
Echoing GameStop saga, retail traders fuel Robinhood stock price hike
After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day. After making unwanted headlines with its disappointing IPO debut on Nasdaq last week, shares in stock and cryptocurrency trading app Robinhood have seen wild volatility in…
Bitcoin risks 30% loss against XRP if ‘triple bottom’ confirms
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.
US SEC Chairman: BTC Won’t be on Major Exchanges Until More Regulated
United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that for Bitcoin (BTC) to be traded on a major exchange it needs stronger regulation.Consider the NasdaqCNBC reported on Sept. 19 that Clayton made his remarks earlier today at the Delivering Alpha conference, where he also warned investors to be wary until Bitcoin is…