Crypto News Roundup for Oct. 15, 2021

Fidelity Investments is looking to expand its institutional crypto asset platform to include trading services for the top five to seven cryptocurrencies by market capitalization. Revealed today at the Block FS conference in New York, the news came in response to a question from CoinDesk posed to Tom Jessop, head of Fidelity Digital Assets, on what…

David Z. Morris is CoinDesk's Chief Insights Columnist. He holds Bitcoin, Ethereum, and small amounts of other crypto assets.This week saw the charging and arrest of George Santos, the comically inventive Long Island Congressman. Almost unbelievably, Santos is connected to another apparently inveterate liar: Sam Bankman-Fried, the multiply-indicted founder and former CEO of collapsed crypto…

The Biden administration recently re-introduced a proposed that would place a 30% tax on all “cryptocurrency miners” – a move that represents an ideological witch hunt against a rapidly growing industry (see my previous comments).The move, part of the government's budget proposal for the upcoming fiscal year introduced in March, is in stark contrast to

Nov 11, 2020 at 4:19 p.m. UTCUpdated Nov 11, 2020 at 4:42 p.m. UTCBitcoin mean hashrate since Jan. 2019Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back OnlineBitcoin’s hashrate bounced 30% Wednesday from quarterly lows on Nov. 2 as miners brought ASIC machines back online after relocating them out of China’s Sichuan province as the…

Aug 18, 2020 at 15:21 UTCBinance’s internal data security team aided Ukrainian cyber cops in busting an alleged cryptocurrency money laundering operation in June, according to a joint press release published Tuesday. Ukrainian authorities say the unnamed group distributed ransomware, washed hacker funds to the tune of $42 million and built a robust darknet laundering…

(Aleksandr Podgornyi/iStock via Getty Images Plus)The Biggest Macro Event Since MarchAccording to the bright minds of FinTwit, the biggest event isn’t the U.S. presidential election but today’s Pfizer vaccine update.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or…

Stablecoins are becoming increasingly important to the global financial system, the report said. Bernstein noted that stablecoins are the 18th-largest holders of U.S. government debt. Stablecoin circulation is back to an all-time high of $170 billion, the broker said. Stablecoins are becoming more important to the global financial system, and constitute the 18th-largest holders of

feature The Takeaway: The charity arm of Binance was reportedly financed late last year by donations of at least $13 million. However, less than half of the donations made to the Binance Charity Foundation (BCF) are accounted for on BCF’s website, which shows under $6 million worth of crypto. BCF is partnering with the nonprofit…

“Money might be controlled by a handful of elites,” the departing bank regulator said at a Wednesday event. “Crypto is about freedom.”Jan 13, 2021 at 5:26 p.m. UTCFinancial Censorship After Capitol Riot ‘Truly Chilling,’ Says OCC Chief Brian Brooks“Everything is at risk” if financial technology is politicized, said Acting Comptroller of the Currency Brian Brooks. Speaking…