Deus X Capital unveils Solstice Labs to boost institutional DeFi growth

After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of 10 years in prison as reported by Motherboard, a division of news outlet VICE, on Feb 1.Ortiz accepted the plea deal last week, according to Erin West, the Deputy District…

Grayscale Investments released a 30-second TV spot on its nine crypto trusts on major news networks this Monday. Amid sky-high expectations, the latest television ad from Grayscale Investments has proven a disappointment to many Bitcoiners.The 30-second ad is running on business and finance cable TV channels and there were hopes before it was unveiled that…

Holding Bitcoin (BTC) in treasury will soon become a corporate standard. Wall Street firm MicroStrategy recently made headlines when it decided to allocate a large portion of its treasury to Bitcoin, buying over 21,000 BTC in August and almost 17,000 more in September, making its CEO, Michael Saylor, seem quite prescient already. MicroStrategy stock rallied…

One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the fear of being caught up in legal disputes with regulatory authorities, especially the tax ones, is forcing most small-…

Analysis by blockchain monitor Whale Alert suggests that Ripple co-founder Jed McCaleb sold off more than one billion XRP between 2014 and 2019.In a Medium post published on Feb. 6, Whale Alert estimated that McCaleb has another 4.7 billion XRP left to sell, equating to around 5% of the total supply. At today’s prices, the…

Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said. 337 Total views 4 Total shares Russia’s central bank governor Elvira Nabiullina is the latest official to confirm that the country is warming to the idea of cryptocurrency payments, but…

It might come as a surprise if you only follow Congress, but a raft of state measures have shown legislators moving in the right direction on crypto.