Craft distilling meets Bitcoin: US distillery adopts BTC for treasury use
Heritage Distilling has adopted Bitcoin for payments and treasury, becoming the first publicly traded distiller to integrate cryptocurrency into its business model.
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French-Regulated Napoleon Bitcoin Fund Linked to CME Futures
Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin (BTC) fund, the Napoleon Bitcoin Fund.The company announced in a press release that the fund was created on Nov. 8 and is a specialized professional fund under French law. The company claims that its product is one of the first regulated vehicles…
SHIB price eyes 30% drop with Shiba Inu’s massive triangle breakdown underway
Shiba Inu (SHIB) price dropped by over 10% to $0.00001641 on May 9 amid a broader crypto market decline. This year, SHIB's returns were 50% below zero, one of the worst performances by a top-ranking cryptocurrency in 2022.Last week, luxury fashion brand Gucci named Shiba Inu in the list of tokens it would accept for payments…
Brazil’s tax dept to summon info from foreign crypto exchanges: Report
The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax.
‘Not Very Practical’ — Critics Say Political Crypto Donations a Marketing Ploy
As one of only two crypto-accepting Democratic primary hopefuls withdraws his candidacy, political commentators have seized the moment to probe the crypto campaign donation trend.A report published by business media site Fast Company on July 10 has weighed in on presidential hopeful Eric Swalwell’s withdrawal with a focus on his role as one of two…
Beijing pulls ahead of Shenzhen as China’s top blockchain city
The 2020 Chinese Blockchain Innovation rankings have been released. Beijing has been named as China’s top blockchain city in the 2020 Chinese Blockchain Innovation Rankings ahead of the blockchain hub of Shenzhen.The rankings were revealed in a special session at the China International Fair for Trade in Services Summit. According to Finance China, Beijing had…
Mt. Gox Creditors to Meet Tomorrow As Reimbursement Process Inches Forward
In the latest sign of a step forward in a lengthy compensation process, the infamous hacked Bitcoin (BTC) exchange Mt. Gox appears to be hosting a new meeting for its creditors tomorrow, March 25.In an official announcement posted to the now-defunct exchange’s website on March 24, Mt. Gox’s rehabilitation trustee notified creditors of a new…
Top 5 cryptocurrencies to watch this week: BTC, ADA, UNI, LINK, CHZ
The S&P 500 rose for the fourth successive week as investors cheered on signs that inflation may have peaked. Bitcoin (BTC) and select altcoins also extended their recovery, suggesting that investors are increasing their exposure to risk assets.A similar trend has played out in the cryptocurrency markets. Altcoins, led by Ether (ETH), have outperformed Bitcoin…
QED, Nexus aim to bring smart contracts to Dogecoin
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.