BlockFi confirms July start for interim crypto distributions

The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection. 787 Total views 5 Total shares Fidelity Investments, one of the world’s largest asset managers, has poured more capital into a Hong Kong-based cryptocurrency operator — offering yet another bullish indicator for the evolution of digital-asset markets worldwide. An exchange…

Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions, traders still view the current prices…

Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term. 322 Total views 1 Total shares Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities…

The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager. 137 Total views 1 Total shares The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing crypto-asset accounts. The DFPI stated that it…

Dutch multinational banking and financial services corporation ING confirmed the release of its open source blockchain tool Zero-Knowledge Set Membership (ZKSM) in a press release Monday, Oct. 21.ZKSM, which functions as a privacy “improvement” to distributed ledger technology (DLT), such as blockchain, aims to provide validation of certain alphanumeric data without compromising that data’s overall…

Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant says.In new analysis published March 3, Filbfilb, co-founder of trading suite Decentrader, doubled down on his bullish BTC price outlook for the years ahead.Filbfilb keeps faith in Bitcoin halving cyclesWith BTC/USD approaching $30,000, but traders highly suspicious…

The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.

During peak times, DoorDash’s AI system will take the load off restaurants by automatically answering incoming phone calls. Food delivery service platform DoorDash is integrating AI technology for their restaurant clients, which will see customers communicating their food orders to AI-powered bots instead of busy in-house staff.According to an Aug. 28 announcement from DoorDash, the…