Coinbase Resumes Bitcoin Buying and Selling in Wyoming
Three years since Coinbase pulled out from Wyoming, it is now returning to the Cowboy State after renewing its money transmitter license.
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The Associated Press Launches NFT Collection on Binance Marketplace
News agency The Associated Press launched a collection of non-fungible tokens on Binance’s marketplace, according to a Binance press release.The collection, dubbed “Unique Moments,” features digitized versions of photos and news wires based on the AP’s reporting on historical moments of the the last century. Examples include Japan’s WWII surrender, Nelson Mandela’s inauguration, and the…

UBS: Bitcoin Is Too ‘Unstable and Limited’ to Function as Money
UBS doesn't believe bitcoin constitutes money or a viable asset class yet, but it could in the future.

Trump Administration in Talks With Crypto Startup on Israeli–Palestinian Peace Plans
feature The Trump administration has tapped Israeli crypto startup Orbs to develop blockchain solutions for the region’s longstanding political conflicts. The disclosure comes this week from a summit convened by the White House in Bahrain to discuss the Israeli–Palestinian conflict. The New York Times reported Treasury Secretary Steven Mnuchin said investments in the Palestinian territory…

DeFi Startup Euler Finance Bounces Back with Revamped Lending Vaults
DeFi lending protocol Euler v 2 brings greater flexibility to builders of lending markets and allows Ethereum-based vaults to be used as collateral for other vaults.Having suffered an exploit last year, Euler is inviting hundreds of white hats to a code audit competition prior to going live in Q2Decentralized-finance (DeFi) lending protocol Euler Finance has

SoftBank Eyes Blockchain to Solve Issues With Online Authentication
news Japanese telecom SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services. The firm announced Tuesday that it has partnered with U.S.-based blockchain startup TBCASoft for the initiative and has created a working group within an existing blockchain consortium of telecom carriers, the Carrier Blockchain…

First Mover: The Return of the Bitcoin Retail Investor (And Why That’s a Good Thing)
Jun 29, 2020 at 12:28 UTC(Alex Segre/Shutterstock)First Mover: The Return of the Bitcoin Retail Investor (And Why That’s a Good Thing)Since the end of 2017, the assumed trajectory was that well-heeled financial institutions would take the reins from retail investors, becoming the main driving force and primary investor class in crypto. But a report out last week…

Tether Worth $9M Tied to ‘Pig Butchering’ Scams Is Seized by U.S. DOJ
The U.S. Department of Justice (DOJ) said it seized $9 million worth of the tether (USDT) stablecoin linked to an organization that exploited victims through a "pig butchering" scam.The seizure comes after agents and analysts from the U.S. Secret Service traced victim deposits that were laundered through several cryptocurrencies, a technique the DOJ described as

Bitcoin Mining Firm Hut 8 Appoints Jaime Leverton as CEO
Nov 2, 2020 at 16:22 UTCUpdated Nov 2, 2020 at 16:38 UTCJaime Leverton(Jaime Leverton/LinkedIn)Publicly traded mining company Hut 8 announced Jaime Leverton as its new CEO Monday, set to replace interim CEO Jimmy Vaiopoulos on Dec. 1. Former CEO Andrew Kiguel stepped down in late April and then-CFO Vaiopoulos was elevated on a temporary basis…