Tesla teases robotaxi ride-hailing app ahead of August reveal
Elon Musk hinted at what Tesla’s long-awaited robotaxi experience could look like during Q1 earnings, while the firm’s Bitcoin holdings remain unchanged.
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Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans
The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans.In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes:“We believe there may be attractive opportunities to provide digital currency borrowing facilities to deepen our high quality customer…

Amazon Patent Casts Light on Plans to Create Proof-of-Work Blockchain Analog
Retail behemoth Amazon has received a patent for generating Merkle trees as a solution to the proof-of-work (PoW) algorithm, a document confirmed on May 14.Amazon, which has taken an increasing interest in blockchain technology in recent times, now appears to be targeting development of a specific variation of the instrument.Specifically, the patent targets Merkle trees…

US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges
Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges which may include Kraken and Coinbase. 67 Total views 1 Total shares Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s approach to enforcement…

Crypto payment card ‘top priority’ for Binance Ukraine in 2022
A Ukrainian official previously said that local laws do not prohibit people from paying in crypto if it’s converted into fiat. 91 Total views 11 Total shares Major cryptocurrency exchange Binance continues pushing operations in the Commonwealth of Independent States (CIS) by preparing a new crypto payment card in Ukraine.Binance is looking to reach a…

Failure to launch: Australia’s first 3 crypto ETFs all miss launch day
Three cryptocurrency exchange-traded funds (ETFs) scheduled to launch on the Cboe Australia exchange today were delayed due to “checks” still being undertaken. 478 Total views 2 Total shares The launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing…

Elon Musk starts to comply with Brazilian Court orders, suspends accounts on X
At least 11 accounts linked to the spread of misinformation in Brazil have been banned from X over the past few days as the platform begins complying with Supreme Court orders.

Senator Lummis probes US federal law enforcement about Bitcoin sale
“Democrats legacy: A loss of more than $18.5 billion in unrealized value for American taxpayers,” the senator wrote on social media.

Kansas adjourns crypto bill targeting political donations to January 2024
The bill required politicians to “immediately convert” crypto donations to U.S. dollars, with no scope of expenditures or hodling the funds. 252 Total views 1 Total shares A Kansas bill that aimed to limit and prohibit cryptocurrency donations in political campaigns has been adjourned to January 2024. Lawmakers in the Kansas House of Representatives introduced the