Canada lacks engagement from lawmakers on crypto — Coinbase exec
The Canada country director for Coinbase said local regulators were “much more collaborative” with the industry than their U.S. counterparts, but politicians were falling short.
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El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout. 650 Total views 9 Total shares Just a week after Bitcoin (BTC) became legal tender in El Salvador, President Nayib Bukele has admitted that the rollout of the state Bitcoin wallet was too much of a challenge.Chivo, El…
Coinbase has held Bitcoin on its balance sheets since 2012
The American exchange is offering services and advice to other private and publicly traded firms who want to hold digital assets in their treasuries. 1912 Total views 9 Total shares United States-based cryptocurrency exchange Coinbase has revealed that Bitcoin (BTC) and other crypto assets have been a key component of its corporate treasury since the…
How a DAO for a bank or financial institution will look like
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People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies. 107 Total views 35 Total shares The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report…
Candidate and AI bot come in 4th in Cheyenne’s mayoral primary
The VIC bot and its “meat avatar,” Victor Miller, got 327 votes in Cheyenne, losing a primary election to incumbent Mayor Patrick Collins and two others.
What will happen to Bitcoin and Ethereum if traditional markets break?
Michael J. Burry, the financial wizard who was portrayed in the movie "The Big Short", is known for predicting crises. For instance, his investment fund made billions from the 2008 housing crash, and Burry liquidated almost all his entire portfolio during the 2Q of 2022.Given that no one seems to know whether traditional markets will…
Bitcoin gains strength as Friday’s $600M BTC options expiry approaches
In the past 7 days, Bitcoin (BTC) failed to break through the $48,000 resistance, but the price remained flat even as Minneapolis Federal Reserve chairman Neel Kashkari bashed the industry. During an appearance at the Pacific NorthWest Economic Region annual summit on August 17, Kashkari said:"So far what I've seen is…95% fraud, hype, noise and confusion."Moreover,…
Cat got your tongue? Bitcoin critics wither in 2020
Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs.However, Bitcoin's performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp. Yet compared to other bull run years like 2017, 2020 has seen much less crypto criticism, with a number of…