El Salvador marks three years of Bitcoin adoption with $31M profit
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
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The stablecoin scourge: Regulatory hesitancy may hinder adoption
The stablecoin market has been growing exponentially — from only $21.5 billion in mid-October of last year to $130 billion at the start of November; a six-fold increase — so it was only reasonable to expect that the United States government would have to come to grips with these digital assets that are designed to…
USD Is the Most Actively Traded Fiat Against Cryptocurrencies, Study Says
Management and technology consulting firm GreySpark has found that U.S. dollars are the most actively traded fiat currency against cryptocurrencies in a new study published September 4.The study focuses on the recent popularity of cryptocurrencies that went viral in late 2017, when Bitcoin’s (BTC) price peaked at $20,000.GreySpark experts found that crypto prices correlated with…
WEF Appoints BitPesa Founder as Co-Chair of Global Council on Blockchain
The World Economic Forum (WEF) has appointed the CEO and founder of BitPesa, Elizabeth Rossiello, to serve as one of two co-chairs of the Global Blockchain Council, according to a press release published Jan. 24.At the WEF Annual Meeting 2019 in Davos, Switzerland this week, Rossiello is reportedly working with both industry experts and the…
eBay drops first NFT collection to non-crypto mainstream buyers
"You don't have to be a crypto expert to buy, sell, and collect NFTs. OneOf and eBay are bringing transformative Web3 technology to the next 100M non-crypto-native mass consumers," said OneOf CEO Lin Dai. E-commerce giant eBay has officially launched its first NFT drop, with a series of tokenized collectibles featuring National Hockey League (NHL)…
Former Economic Adviser to US President Trump Joins Blockchain Startup Board
Gary Cohn — former chief economic adviser to U.S. Pres. Donald Trump — has joined the board of advisers of blockchain-related tech company Spring Labs, according to a press release published, Oct. 12.In addition to serving in the Trump administration, Cohn has previously worked as COO of American banking giant Goldman Sachs, and most recently…
Grayscale’s GBTC stops bleeding: First inflow since launch
Grayscale Investments' GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
OmegaPro co-founder arrested over $4 billion crypto scam
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.