Crypto Biz: Consolidation ramps up among crypto firms

Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions. Chase Bank, a digital bank owned by the investment bank JPMorgan, will restrict all cryptocurrency-related transactions for its customers in the United Kingdom.Starting from Oct. 16, customers of Chase Bank in the U.K. will no

Tencent, the operator of Chinese social media app WeChat, is planning to create a digital currency research group for the further advancement of blockchain technology research projects.On Dec. 23, Chinese media outlet iFeng reported that the Chinese internet giant released a statement to its employees saying that the company is currently on the lookout for…

Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.

Joe Biden’s administration has done everything possible to destroy the crypto industry. That gives crypto advocates just one choice in the 2024 election.

The price of Solana (SOL) has plunged more than 6% the last 24 hours, amid fears that bankrupt crypto exchange FTX may soon liquidate its significant portions of the token and other Solana-affiliated crypto assets. The price of Solana has fallen 6% to $18.38 in the last 24 hours. Source: CoinGeckoAccording to a combination of data

Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNew lows "just a matter of timeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle.Reacting, traders hoped that a rebound could…

Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans. 1195 Total views 24 Total shares Former Comptroller of the Currency and Binance.US CEO Brian Brooks has been announced as the new CEO of crypto (BTC) mining firm BitFury. According to a Nov. 4 announcement…

Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar. 205 Total views 6 Total shares Engiven, an enterprise cryptocurrency donation platform, is working to simplify tax reporting for cryptocurrency donors and nonprofits by launching a tax form and appraisal service…

Bitcoin (BTC) headed toward a “crucial area” after the June 16 Wall Street open as a recovery from three-month lows continued.BTC/USD 1-hour chartBitcoin reinforces rebound from multi-month lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $26,000 on Bitstamp.BTC price built on an overnight rebound from its lowest levels since early March amid ongoing…