Crypto.com to launch US institutional crypto investing platform

In March, the Utah State Legislature passed the Utah DAO Act, granting legal recognition and limited liability protections to decentralized autonomous organizations (DAO) in the state.DAOs by default are not recognized as legal entities, and giving these organizations legal status in Utah could help clear up regulatory concerns. David Lemke, chief financial officer at crypto wallet…

Scammers have conned thousands of YouTube viewers into sending them a total of 15.31 BTC with the old ‘free giveaway’ trick. 862 Total views 13 Total shares Crypto scammers have stolen at least $150,000 by impersonating SpaceX YouTube accounts and hosting fake Bitcoin giveaways.According to a June 9 report on Bleeping Computer, several scammers hacked…

The price of BTT, the native token of BitTorrent, hit a new all-time high to reach a $5.2 billion valuation. 5813 Total views 30 Total shares BitTorrent (BTT), the native token of the popular peer-to-peer file-sharing protocol BitTorrent, has surged nearly 30% in the past 24 hours.The rally took the valuation of BTT to over…

Bitcoin (BTC) abandoned the United States during the 2022 bear market, new research suggests.In a tweet on June 8, on-chain analytics firm Glassnode revealed some surprising conclusions about who is now using Bitcoin.BTC supply moves to AsiaThe past year has seen some seismic shifts in where Bitcoin is held and traded. In its latest analysis…

The militant arm of Hamas — the de facto ruling authority of the Gaza Strip in Palestine — has appealed to its supporters to send it funds using Bitcoin (BTC). The appeal was made via the official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, on Jan. 29.Hamas — which…

The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds. 93 Total views 2 Total shares MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai stablecoins into a…

Banking giant JPMorgan will take over the assets of the troubled First Republic Bank after its seizure by the California Department of Financial Protection and Innovation. 484 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe American banking giant JPMorgan Chase is set to acquire First Republic Bank’s…

The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone. 172 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe banking crisis could be the spark that will kick off the next…