Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto
Coinbase’s chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”
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Twitter quietly adds BTC and ETH price indexes to search function
Twitter searches for “$Bitcoin,” “Bitcoin price” and “Bitcoin price” also pulls up the price chart, with equivalent searches working for Ethereum too. 227 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTTwitter has added a new crypto feature that enables Twitter users to search the price of Bitcoin…
Wealth flex? Coinbase now allows users to share their crypto allocations
“We want to empower the cryptoeconomy to share knowledge and information and learn from each other,” said Coinbase senior product manager Rishav Mukherji. 1291 Total views 63 Total shares All of United States-based crypto exchange Coinbase’s roughly 68 million verified users can now more easily make information on their portfolio public.In a Coinbase blog post…
Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines
Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power, local news outlet CCTV reported on Dec. 22.The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the Kaiping District of Tangshan city. The…
Crypto and Blockchain News From Japan: Oct. 14–20 in Review
The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies using blockchain technology. Here is the past week of crypto and blockchain news…
UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions
The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. English-language Dubai-based media outlet GulfNews reported on this collaboration on Dec. 12.Mubarak Rashed Al Mansouri, the governor of the UAE’s central bank, said during a meeting on…
Crypto Biz: The Web3 arms race is upon us, April 14–20, 2022
2022 is shaping up to be the year for Web3. KuCoin, Framework Ventures and CoinDCX have all made a splash in this emerging paradigm. 366 Total views 13 Total shares “Web3” used to be an empty industry buzzword that described the next iteration of the internet. In 2022, Web3 is still an annoying buzzword, but…
Illusion or reality? Crypto demand either faltering or poised to charge
BlackRock is the world’s largest asset manager, so when its CEO, Larry Fink, remarked recently that he was seeing “very little in terms of investor demand” with regard to crypto and Bitcoin (BTC) based on “my last two weeks of business travel,” it set off some alarm bells.A lively Twitter discussion followed one commentator’s remarks…
Pepe’s market cap sinks $1B in 5 days, some whales are still buying
Pepe has witnessed a 56% decline over the past 5 days, wiping a billion dollars from its total market cap. 466 Total views 6 Total shares The market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it's still being bought by some crypto whales. Over…