T-Rex files for ‘ghost pepper’ 2X leveraged MicroStrategy ETF
Financial services firm T-Rex Group has applied for what could be the “most volatile ETF” ever seen in the United States.
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Sygnum is in talks with local regulators to seal a banking license in Singapore, Bloomberg reported on Aug. 28.The cryptocurrency firm has only just been issued a conditional banking and securities dealer license in Switzerland — and now aims to become a fully regulated bank on the island nation so it can provide a full…
Former Soviet Metal Construction Plant Is Now Mining Bitcoin
The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC), Bloomberg reported on Nov. 24.The data center allows cryptocurrency miners to take advantage of cheap energy in what once used to be…
Finance giant SBI expands cryptocurrency lending service to XRP
After launching its crypto lending service in late 2020, SBI has now added support for XRP. 3882 Total views 12 Total shares Japanese financial services firm SBI Group has enabled XRP lending through its cryptocurrency-related subsidiary, SBI VC Trade.According to a Feb. 4 announcement, SBI VC Trade Lending users can now earn interest by depositing…
Bitcoin Price Analyst: ‘Second Phase’ of Bull Market Triggers at $14K
Bitcoin (BTC) was trending higher on Nov. 4 as sideways behavior gave way to more purposeful upward momentum across markets.Cryptocurrency market daily overview. Source: Coin360Bitcoin seeks to break out of trading rangeData from Coin360 reveals BTC/USD tackling $9,300 on Monday, rising to a 24-hour high of $9,310 on exchanges after dipping as low as $9,080.The…
Kevin O’Leary of ‘Shark Tank’ espouses deflationary future for Ethereum
Shark Tank star, “Mr. Wonderful,” argues that Ethereum is destined to become “ultrasound money” once its chain merge occurs. 1112 Total views 9 Total shares Canadian entrepreneur, investor, and reality television personality, Kevin O’Leary — also known as “Mr. Wonderful” — appears to now be singing Ethereum’s praises as a deflationary asset.Clearly reading from a…
Belarus wants to ban P2P cryptocurrency transactions
Belarus’ Ministry of Foreign Affairs cited a high crypto crime rate for banning all citizens from exchanging Bitcoin between each other. The Belarusian foreign ministry is working on legal amendments to prohibit peer-to-peer, or P2P, transactions in cryptocurrencies like Bitcoin (BTC).The Ministry of Foreign Affairs (MFA) of the Republic of Belarus on July 2 issued…
Atomic Wallet exploited, users report loss of entire portfolios
Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished. 358 Total views 2 Total shares Atomic Wallet has been apparently exploited, with users on Twitter reporting complete losses of their crypto portfolios. Atomic is a noncustodial-decentralized wallet, meaning users are responsible for assets stored in…
Chinese workers paid in CBDC are cashing it out for real money: Report
Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency.