Chinese police bust $1.9B USDT underground banking racket
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
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Revolut app announces Bitcoin withdrawals… within limits
Revolut has rolled out its Beta launch of Bitcoin withdrawals to U.K.-based Metal customers, who will be allowed to withdraw 500 to 1000 pounds a month in its initial stages. 2954 Total views 22 Total shares Europe’s leading financial app Revolut has finally enabled Bitcoin withdrawals four years after it first provided crypto trading services…

US crypto exchange Kraken eyeing public listing in 2022
Kraken could follow Coinbase's footsteps by becoming the next Unites States-based crypto exchange to be a publicly-traded company. 353 Total views 3 Total shares Kraken CEO Jesse Powell has revealed that the crypto exchange could go public before the end of 2022.Powell made this known during an interview with Bloomberg TV, stating that the move…

Experts clash on where virtual reality sits in the Metaverse
Virtual reality (VR) will eventually have a place within the Metaverse, but not for the foreseeable future given its slow adoption rates, according to experts.There isn’t much that can rival the experience of having one’s senses almost immersed in a virtual world — which is why many believe that the technology will have a natural…

Baseline Integrates Microsoft and Google Spreadsheets Using Ethereum Mainnet
The Baseline protocol has released integrations for Google Sheets and Microsoft 365, allowing multiple entities to privately verify that their databases share the same records. 2418 Total views 96 Total shares The Baseline Protocol has launched integrations for Google Sheets and Microsoft Dynamics 365.The new function allows for the maintenance of verifiably consistent records using…

Jay Clayton will step down as US SEC chair by year’s end
The chairman of the Securities and Exchange Commission is set to move on after three-and-a-half years in the role. 1572 Total views 19 Total shares Jay Clayton, who has served as the chairman of the United States Securities and Exchange Commission since May 2017, will be leaving the agency by the end of 2021.In its…

Gold bug says 2021 will be a big year for Bitcoin and Ethereum
He believes that rising adoption will drive Bitcoin higher next year, and that DeFi will have a similar effect on Ethereum. 2021 Total views 12 Total shares 2021 is shaping up to be a tremendous year not only for gold but for cryptocurrencies as well, according to Frank Holmes, CEO of U.S. Global Advisors. In a…

US Senators Grill Facebook on Privacy, Trust Issues in Libra Hearing
At the ongoing hearing on Facebook’s Libra cryptocurrency project with the Banking Committee of the United States Senate, lawmakers are interrogating Facebook on privacy and trust concerns. As a Cointelegraph correspondent reports on July 16, David Marcus, head of Facebook’s crypto wallet Calibra, is stressing the project’s trust and regulatory compliance, while some senators are…

Binance’s return to India comes with $86M tax demand
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.