Stakeholders urge Nigeria to adopt compliance-focused crypto regulation

Noted crypto advocate Patrick Byrne resigns as CEO of Overstock.Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock.Having led crypto-friendly e-commerce at the company, including the launch of tZero, Overstock’s crypto token platform, and Overstock’s acceptance of Bitcoin payment, Byrne’s announcement follows…

Bitcoin’s “one percent” reportedly controls a greater share of BTC than the richest U.S. households control in dollars. 504 Total views 11 Total shares Less than 1% of the biggest Bitcoin (BTC) hodlers are allegedly controlling more than a quarter of all BTC in circulation, according to a new study.The National Bureau of Economic Research,…

United States cryptocurrency exchange Kraken has hired the ex-managing director of over-the-counter (OTC) trading platform B2C2 to head of development at its new Bitcoin futures operation.Kevin Beardsley, who previously led the United Kingdom-based company for a year, will now oversee Kraken Futures’ expansion as volumes hit $2.5 billion in June. Beardsley confirmed the news linking to…

The bills state that the trustee must hold a sufficient amount of gold in reserve for all units of digital currency that have been issued and are still in circulation. 170 Total views 2 Total shares Own this piece of history Collect this article as an NFTTwo Texas lawmakers have introduced identical bills for creating…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

For over a month, the global crypto community has been talking about the upcoming Bitcoin halving event with great gusto. However, because of the economic slump that has affected the entire planet at the moment from the spread of the novel coronavirus, it seems as though this halving may not have as big of an…

Great Lakes Science Center, a major museum and educational center in Cleveland, Ohio, is accepting Bitcoin (BTC) as payment as of today, Nov. 13. Local business news source Crain’s Cleveland Business (CCB) reported on the development Nov. 9.According to SpendBitcoins USA – a directory of retail merchants that accept Bitcoin as payment – at least…

Bitcoin (BTC) is an uncorrelated asset, or so the narrative used to go. For much of Bitcoin’s lifetime, it existed as something of value to a very small group of people. Now, awareness and demand are accelerating rapidly. So, what does this mean for the status of BTC as a supposedly uncorrelated asset? That Bitcoin was…