Coinbase narrows subpoena, wants Gensler’s emails during time as SEC Chair

The cryptocurrency sector has many criticisms. One is that it can appear impenetrable to newcomers. Another is that it is probably easier to lose money investing in crypto than in most other areas of finance. What’s more, these issues can combine to create a lucrative environment for hackers with nefarious intentions. Chrome browser extension makes a…

Performance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. 255 Total views 11 Total shares Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests.In a Twitter discussion on May 1, Travis Kling,…

Treasury Secretary Steven Mnuchin said that the authority will be preventing Bitcoin (BTC) from becoming an “equivalent of Swiss-numbered bank accounts.”U.S. secretary of the treasury to closely monitor Bitcoin regardless of priceIn a press briefing reported by CNBC on July 18, Mnuchin criticized Bitcoin and other cryptocurrencies as they can be used for illicit purposes…

The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users 1704 Total views 5 Total shares MetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time.The milestone comes roughly seven…

Another bank is reportedly moving into crypto amid a major bull run in crypto markets. 417 Total views 6 Total shares Belarusbank, the largest financial institution in Belarus, is reportedly launching a cryptocurrency exchange service.According to a Nov. 12 report by local news agency Prime Press, Belarusbank is rolling out a service allowing users to…

The group has previously warned of "financial stability concerns" and risks faced by banks when it comes to cryptocurrencies. 3644 Total views 5 Total shares The Basel Committee on Banking Supervision has said it will be publishing a consultation paper aimed at banks reducing their risk of exposure to crypto. According to the Switzerland-based Bank of…

“I remember watching the hearings before the Energy and Commerce Committee with Mark Zuckerberg, and it was clear that a lot of my colleagues didn't really know a lot about technology,” recalls U.S. Representative Darren Soto.When Soto (D-FL) speaks about technology, it sounds personal. He references space launches at Cape Canaveral, which lies adjacent to…

The Australian Securities and Investments Commission wants to support the local cryptocurrency industry, despite receiving large numbers of reports about crypto scams. 1882 Total views 20 Total shares The Australian Securities and Investments Commission, or ASIC, has expressed its desire to support the crypto industry, noting the challenges associated with regulating innovative technologies.Speaking as part…

Volumes of the cryptocurrency in Argentine pesos, Bitcoin, and U.S. dollars have risen substantially since January 2018. 747 Total views 27 Total shares The volume of Bitcoin (BTC) in Argentine pesos has risen exponentially since the 2018 cryptocurrency crash, as the country faces a possible default on $65 billion in foreign debt.Arcane Research posted data…