BlackRock Bitcoin fund sheds $420M as ETF losing streak hits day 7

Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, the Pacific island nation of Tonga shared a play-by-play approach to adopting Bitcoin (BTC) as legal tender. In a series of tweets, Lord Fusitu’a, a former member of parliament for Tonga, released an ETA for Bitcoin becoming legal tender in Tonga. Copying El Salvador’s playbook,…

The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit. 

The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost. 184 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for…

Lawyer Jeremy Hogan believes the United States Securites and Exchange Commission has failed to legally demonstrate that XRP is a security. 866 Total views 6 Total shares Own this piece of history Collect this article as an NFTRipple’s XRP (XRP) is not a security because it does not fit the definition of an “investment contract,”…

Malta-based cryptocurrency bank Founders Bank has appointed former executive of Deutsche Bank as its new CEO, according to a Bloomberg report on May 9.Backed by major global crypto exchange Binance, Founders Bank plans to assist blockchain and crypto-related firms in securing financial services from traditional banking institutions, the report notes.The new CEO, Kenan Altunis, will…

Fabio Panetta outlined recent findings and remaining challenges while emphasizing the necessity of a well designed European CBDC. 136 Total views 23 Total shares European Central Bank executive board member Fabio Panetta provided an overview of the central bank’s current research on a retail central bank digital currency Friday when he spoke at the IESE…

Controversial altcoin XRP is still “proving” itself, but Bitcoin (BTC) remains the recommended investment choice in the cryptocurrency world, Mike Novogratz says.In a series of tweets on Feb. 6, venture capitalist Novogratz, who is also CEO of the cryptocurrency merchant bank, Galaxy Digital, delivered modest praise of XRP and Ripple, the company which owns more…

North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they're doing well so far. 18 Total views 1 Total shares North Dakota government officials rocked up to the Bitcoin 2022 conference in Miami to lure cryptocurrency…

Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem.