Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust

Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name. 114 Total views 3 Total shares Facebook has been hit with threats of legal action over its plan to rebrand the Libra stablecoin project to ‘Diem’ from a finance…

Sber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021. 117 Total views 1 Total shares Russian banking giant Sber — formerly known as Sberbank — is preparing to soon complete its first digital currency deal involving the bank’s proprietary digital asset platform.The bank will conduct its…

The U.S. stock market approaches a crucial turning point as uncertainty over inflation rises after hotter-than-expected economic data released in February. Despite mounting investor worries, the economy is showing signs of resilience that could protect against a significant downside move. The escalating risk-off sentiment in the market is also creating volatility for Bitcoin (BTC). The leading…

It is now a criminal offense to operate a crypto firm in Ireland without registering with the Central Bank of Ireland. 2504 Total views 22 Total shares Ireland’s crypto businesses have become subject to regulatory oversight for the first time, with local digital asset firms now observing anti-money laundering guidelines set out by the European…

Do Bitcoin's market cycles depend on its structure as an asset, human psychology, or both? 1894 Total views 12 Total shares Since its launch approximately 12 years ago, Bitcoin (BTC) has seen a number of bull and bear cycles, each greater than the last. What drives these cycles, however? Decred co-founder Jake Yocom-Piatt claims that…

The price of the Mantra token has collapsed in what some traders are calling the worst project collapse since the LUNA crisis. 5026 Total views 2 Total shares The price of the Mantra (OM) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours.

A Ukrainian national has been sentenced to nine years in prison in what the IRS is describing as the United States’ “first Bitcoin case [with] a tax component.” 1951 Total views 18 Total shares A former Microsoft engineer has been sentenced to nine years for stealing more than $10 million in digital value from his…

The Republic of the Marshall Islands made history in the second week of February after it formally recognized decentralized autonomous organizations (DAOs) as legal entities. The Marshall Islands revised its Non-Profit Entities Act 2021, making it possible for any DAO to register and commence operations in the country. The amendments to the law mean DAOs can…