Goldman Sachs lowers US recession risk to 20%, what it means for Bitcoin
Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders.
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US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority. 223 Total views 15 Total shares Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in

BitPay Partners With Refundo to Enable Taxpayers to Receive Refunds in Bitcoin
Cryptocurrency payment services firm BitPay has partnered with tax-related financial products company Refundo to enable people to get a portion of their tax refund back in bitcoin (BTC). The development was announced in a press release shared with Cointelegraph on April 30.Refundo’s new product dubbed CoinRT allows taxpayers to receive all or a portion of…

Zero-day vulnerability in Chrome exploited by North Korean hackers
A hacker group is using its signature trojan malware to infect users of web browsers with Chromium engines.

Mental health support prime for decentralization, say academics
A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics. 275 Total views 7 Total shares Decentralized mental health services could be the answer to the looming shortage of mental health professionals, according to professors from John Hopkins University based in Baltimore.Speaking to Cointelegraph,…

Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
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Bitcoin Is a Truth Machine, Says Gold Bullion International Co-Founder
Gold Bullion International co-founder Dan Tapiero analyzed Bitcoin’s (BTC) value as a truth machine.Tapero made his regards during an interview with business news outlet AlphaWeek published on Sept. 10. He said:“What it is is an invention, and I think it should be referred to as an invention rather than all the other things. It’s a,…

Fund management firm Global X files with SEC for Bitcoin ETF
As Bitcoin hovers around $30,000, fund managers are pressing ahead in an effort to get the first American Bitcoin ETF approved. 94 Total views 3 Total shares New York-headquartered fund manager Global X Digital Assets has filed an application for a Bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission. Global…

Chinese Social Media Giant WeChat Bans Crypto Transactions in Its Payment Policy
Chinese social media giant and payment service provider WeChat banned cryptocurrency transactions in its payments policy. Dovey Wan, founding partner of crypto investment firm Primitive, tweeted the news on May 7.The tweet contained a screenshot of the policy changes, which intimates that users who engage in cryptocurrency trading will have their accounts terminated.Wan expressed concern…