Financial institutions are experimenting with Bitcoin-backed lending: Ledn
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
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Chinese mining pools’ hash power plummets amid regional blackouts
Blackouts for safety inspections in China’s Xinjiang region have significantly impacted the hash rate of many top Chinese Bitcoin mining pools. 5318 Total views 20 Total shares The hashing power of top Bitcoin mining pools located in Northwest China appears to have plummeted due to a regional blackout to enable safety inspections.The news was reported…
Bitcoin and Economic Uncertainty: Patience Is the Name of the Game
As whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged above the all-important $12,000 psychological threshold, only to once again slip right under. However, as part of this development, the total cap of the crypto market…
Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week
Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead.Stocks optimism returns with $9KFollowing a major slide on Friday, stocks futures were gaining early on Monday, despite ongoing pressure from Covid-19 concerns. Dow…
Upcoming Apple iPhone feature to give merchants a way to accept crypto payments
Apple announced plans to launch Tap to Pay for its iPhone, a new feature that effectively turns the smartphone into a point-of-sale device for businesses and merchants. So, what’s in it for crypto?The announcement explains that with Tap to Pay, iPhone-owning merchants receive contactless payments by using their mobile devices as a point-of-sale machine thanks…
Scaramucci to invest in crypto firm founded by former FTX US boss
It is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets. 124 Total views 1 Total shares Own this piece of history Collect this article as an NFTSkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US.According to…
Crypto news site The Block shakes off SBF ties with Foresight Ventures deal
The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX. 250 Total views 1 Total shares The Block, a crypto-focused media company, sold a majority stake of its company to a venture capital firm in Singapore, according to Axios, which
Crypto Thief Indicted in New York’s First SIM Swapping Prosecution
Manhattan’s District Attorney (DA) announced the indictment of an individual for stealing identities and funds, including crypto, via a process known as SIM swapping. The announcement was made in an official press release from the Manhattan District Attorney’s Office on Feb. 1.The defendant, Dawson Bakies, has been accused of stealing the identities of over 50…
NFTs and DeFi overturn a banker’s generational curse of poverty in 2 years
"When I started, I almost gave up multiple times. I just want to help others have a more streamlined way to get into crypto," said Brenda Gentry, a former USAA mortgage underwriter. 1076 Total views 24 Total shares Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting…