Tether invests $100M in agriculture firm as stablecoin competition grows
This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives.
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US FTC digs into Big Tech’s centralized reservoirs of user data
As antitrust enforcement hits Facebook and Google, the Federal Trade Commission is digging into misuse of consumer data. The United States Federal Trade Commission is making the giants of social media account for their user data practices.On December 11, the FTC published orders for special reports from unnamed social media companies. The commission's stated aim…
Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow. 111 Total views 2 Total shares America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from…
Despite COVID-19 Scams, Crypto Fraudsters’ Incomes Fell 30% in March
Data published on April 10 by blockchain forensics firm Chainalysis indicates that the average value of transactions received by the wallets of known scams fell 30% during March.Amid fraudsters’ attempts at leveraging COVID-19 fears to dupe victims into downloading malicious apps, donating to impersonations of charities, or purporting to peddle coronavirus cures, the coronavirus pandemic…
Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed
Bitcoin (BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term. Meanwhile, regulatory uncertainties continue to be a key concern for investors, including the failed European Know Your Customer (KYC) and Anti-Money Laundering (AML) proposed rules for ”unhosted” private wallets. For instance, exchanges…
Bitcoin whale clusters signal $14.9K is the crucial level for BTC to hold
New data from Whalemap suggests that in order to maintain bullish momentum Bitcoin price needs to hold above the $14,914 level.Whale clusters, like the bubbles shown on the chart below, form when high-net-worth investors purchase Bitcoin and do not move them. This indicates that whales accumulated BTC at that level and suggests that it will…
The Ethereum Merge to proof-of-stake is complete — What’s next? | Interview with Dr. Julian Hosp
Now that the historic Ethereum Merge is finally complete and everything went off smoothly, what's next for the network? Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Dr. Julian Hosp. 644 Total views 24 Total shares In this week's episode of Market Talks, we welcome Julian…
Revolut app announces Bitcoin withdrawals… within limits
Revolut has rolled out its Beta launch of Bitcoin withdrawals to U.K.-based Metal customers, who will be allowed to withdraw 500 to 1000 pounds a month in its initial stages. 2954 Total views 22 Total shares Europe’s leading financial app Revolut has finally enabled Bitcoin withdrawals four years after it first provided crypto trading services…
Natural Gas-Powered Trucking Could Get a Boost From Blockchain Tech
Uniper has implemented a blockchain platform built by Wipro to streamline its liquefied natural gas trade process. German energy firm Uniper Global Commodities SE has implemented a blockchain-based platform for its small-scale liquefied natural gas customers (ssLNG). Using the platform, Uniper expects to make its trade process more efficient and also streamline LNG distribution for its…