Canadian who tried to hide 450 Bitcoin from feds gets more prison time
Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering.
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Breaking: Binance.US suspends USD deposits, warns of fiat withdrawal pause
Binance.US said the moves are part of efforts to protect customers and the platform amid "extremely aggressive and intimidating tactics" by the SEC. 716 Total views 3 Total shares Binance.US has announced the suspension of U.S. dollar deposits and has notified its customers of an incoming pause to fiat (USD) withdrawal channels as early as…
MicroStrategy Buying Bitcoin Shows Institutional Investors Seek to De-Risk
Bitcoin (BTC) adoption by big-money players is once again on the agenda following the recent $250 million BTC purchase by MicroStrategy. Industry commentators have also stated that corporations plugging into Bitcoin will provide prominent tailwinds to push BTC valuation to new heights.With the coronavirus pandemic adversely impacting economies around the globe, investors appear to be…
Chinese Crypto Exchange BTCC Plans South Korean Launch in November
China’s first Bitcoin (BTC) exchange BTCC, formerly known as BTC China, is set to launch trading services in South Korea, Korean business outlet The Investor reported yesterday, October 16.BTCC, which presently has headquarters in Hong Kong, will reportedly start beta services for trading in South Korea later this month and make its official debut in…
Bitcoin shrugs off US jobs data as BTC price gives up $66K support
Bitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers.
Coca-Cola Amatil invests in Centrapay’s seed funding round
Centrapay, a digital payment platform that serves KFC, Adidas, BP, and Carlton Draught has secured an investment from Coca-Cola Amatil for an undisclosed amount Coca-Cola Amatil’s corporate venturing platform Amatil X has invested in digital asset and payment provider Centrepay, as part of the startup’s seed funding round. Coca-Cola Amatil, one of the largest bottlers of…
BitGo in talks to launch services in India
India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024.
Trading app Robinhood settles SEC charges for $65 million
The SEC says the trading app misled users by claiming to be commission-free, while charging extra on execution prices that it got back from the market makers. 377 Total views 4 Total shares Robinhood has staved off a suit from the Securities and Exchange Commission by agreeing to pay $65 million. The trading app, which takes…
‘I’m a huge believer in crypto technology,’ says former US SEC chair
Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are linked to it. 231 Total views 11 Total shares Former chairman of the U.S. Securities and Exchange Commission, or SEC, Jay Clayton, was appointed by…