New Hampshire, North Dakota introduce bills for Strategic Bitcoin Reserve
According to Satoshi Action Fund CEO Dennis Porter, the North Dakota BTC bill “already has 11 sponsors.”
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Proposal for ETF Following Bitcoin Futures, Sovereign Debt Withdrawn by SEC Request
The United States (U.S.) Securities and Exchange Commission (SEC) has requested the withdrawal of a proposed exchange-traded-fund (ETF) submitted by Reality Shares ETF Trust, according to a letter published by the SEC on Feb. 12.In the document, the SEC specifies that the withdrawal was “at the request of the Staff of the U.S. Securities and…

Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC
The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding round. 140 Total views 2 Total shares Microsoft has reportedly signed a deal with former Ethereum miner CoreWeave to use its cloud computing infrastructure to support its Artificial Intelligence-powered services. According…

UAE’s central bank approves custodial risk insurance product for digital assets
OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds.

How Cryptocurrency Can Help in Paying Universal Basic Income
Due to the crisis caused by COVID-19, millions of people have lost all or part of their income. To support them, governments have been giving out money to victims. Is it possible to make this practice permanent? And if so, why will we need state digital currencies?The COVID-19 pandemic has forced the United States, Canada,…

Mt. Gox Trustee Announces Creditors Received Decisions Over Rehabilitation Claims
Nobuaki Kobayashi, trustee of the notorious Japanese Bitcoin (BTC) exchange Mt. Gox, has announced Wednesday, April 3, that all creditors who had filed rehabilitation claims have received decisions.In late March, Kobayashi had announced that the processing of filings had come to an end. According to the newly published paper dubbed “Questions & Answers regarding Approval…

Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive
Bitcoin (BTC) really does function as a safe haven asset in 2019, another source has told mainstream media as the United States-China trade war rages.Bitcoin increasingly important amid economic uncertaintySpeaking to Forbes in an interview on Aug. 8, Chris Reinertsen, chief marketing officer of blockchain consultancy Rhythm Technologies, said investors were pouring into Bitcoin in…

Africa is the key to crypto mass adoption
Africa’s unique challenges and vast potential drive crypto innovation, potentially catalyzing global adoption and refining blockchain technology for everyday use.

Happy to be regulated? Fallout from BlockFi settlement is a matter of speculation
It might seem unlikely that BlockFi founder and CEO Zac Prince would describe a prosecution that resulted in a $100-million fine for his company as “a win not only for BlockFi but for the broader cryptocurrency industry,” but that is indeed what he said. And, he might be right, although it remains to be seen…