FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent FBI announcement urging Americans not to use unlicensed money-transmitting services misses “a great deal of nuance” about how crypto services operate, says Piper Alderman Partner Michael Bacina.
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98% of CFOs say their hedge fund will invest in Bitcoin by 2026: Study
Traditional hedge funds are willing to increase their exposure in Bitcoin and other cryptocurrency markets over the next five years, a new survey has found.Intertrust Global — an international trust and corporate management company — polled the chief financial officers of 100 hedge funds globally about their intention to purchase crypto-assets. About 98% of them…

Billionaire Henry Kravis Invests in Former Employee’s Crypto Fund
Billionaire Henry Kravis has started investing in the cryptocurrency space, according to a report by Bloomberg on June 28Ben Forman, a former employee of Kravi’s KKR & Co, said that Kravis has invested in the flagship fund for his blockchain-focused investment firm ParaFi Capital of San Francisco.Discussing his decision to leave KKR to found ParaFi…

FBI token: How the FBI used a fake AI fund coin to nab fraudsters
The FBI’s 'NexFundAI' coin was used to catch alleged market manipulators, but the crypto community may have confused it with another coin.

Microsoft Introduces Ethereum Proof-of-Authority Algorithm on Azure
Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium networks, where “all consensus participants are known and reputable.” In contrast…

Colorful billionaire’s Dubai real estate firm now accepts BTC and ETH
“Offering yet another transactional mode is exciting, and we are glad to recognize the value this technology brings to our customers,” said DAMAC Properties’ general manager of operations Ali Sajwani 101 Total views 2 Total shares Multi-billion dollar Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin (BTC) and Ether (ETH) payments for its…

Nifty News: Solana NFT trading volume, Nike RTFKT COO hacked, and more
DNP3, a streamer and founder of several crypto projects like The charity-focused crypto CluCoin, The Goobers NFT and the metaverse platform Gridcraft Network has admitted to losing investor funds through gambling. In a tweet, the nonfungible token (NFT) project founder talked about his gambling addiction and issued a public apology. — DNP3 (@DNPthree) January 3, 2023…

Portal Allows You to Buy Altcoins Using Fiat, Without Converting to Bitcoin or Ethereum First
A new crypto purchasing portal is enabling users to purchase more than 20 cryptocurrencies and altcoins using fiat directly.Netcoins, the Canadian company behind the app, says the recently launched service is operational 24/7 online — helping to deliver real-time transactions without delays.The Netcoins team says its offering stands out from competitors because it simplifies transactions…

Is Bitcoin Now Bullish or Bearish at $7K? Here’s the Scorecard
The price of Bitcoin (BTC) closed the second week of December at $7,111, down 5.44% for the week with five of the seven days being days of decline. So far on Monday, Bitcoin is trading down around 0.8% and currently holding above the $7K handle at $7,055.Bitcoin dominance remained flat throughout last week and remains…