IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.
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At Current Rates, Cash App To Buy 16% of New BTC Supply After Halving
Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price does not go up.Twitter account dedicated to Bitcoin Rhythm pointed out in a tweet from Nov. 7 that the company’s Bitcoin buying rate will account…
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Block Earner CEO calls for licensing clarity after being sued for crypto products
Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines. 445 Total views 3 Total shares The CEO of fintech firm Block Earner has lashed out over the “lack of clarity” in Australia’s financial licensing regime after his company was sued by the…
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BTC price dip gone by September? 5 things to know in Bitcoin this week
Bitcoin faces a crunch candle close this week as BTC price rebound battles sellers to cancel its early August collapse.
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US wealth manager adds 10,667 shares of GBTC as Bitcoin adoption grows
Demand for Grayscale’s Bitcoin Trust is growing. Kingfisher Capital went from owning zero shares to over 10,000 in just a few months. 836 Total views 5 Total shares Kingfisher Capital, a North Carolina wealth manager, has scooped up 10,667 shares of the Grayscale Bitcoin Trust, according to a recent filing with the United States Securities…
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Former BoE, BoC Governor Mark Carney joins Stripe board of directors
Mark Carney, one of the most prominent central bankers of the post-financial crisis era, has officially joined the digital payments company. Stripe has all but abandoned cryptocurrency payment solutions for the time being, but its founders are positive about the emerging industry. 4399 Total views 11 Total shares After paving the way for digital currency…
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US Election: House races still uncertain after Trump win
Though Republicans won the US Presidency and a majority in the Senate, it’s still unclear if Democrats will win enough seats to flip the House of Representatives.
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Australian Securities and Investments Commission Officially Warns Against OneCoin
The Australian Securities and Investments Commission (ASIC) has warned the public that crypto project OneCoin “could be involved in a scam,” according to a notice released on May 28.The Australian financial regulator has issued an official warning against OneCoin, the entity operating under website onecoin.eu, urging the public to not deal with this company as…
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Pantera Capital backs Liquity Protocol’s $6M Series A funding round
Liquity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round. 1540 Total views 9 Total shares DeFi lending platform Liquity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency…