US Senate to Examine Energy Efficiency of Blockchain
The U.S. Senate will host a hearing on blockchain’s energy use and whether the tech can be used to protect infrastructure next week.
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US Government Darknet Drug Raids Seize $6.5M in Cash and Crypto
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Bitcoin Is Hedge Against Global Liquidity Crises: Grayscale Study
news Grayscale Investments, the cryptocurrency asset manager backed by Digital Currency Group, which acquired CoinDesk in 2016 – has released a report showing what it argues is bitcoin’s potential as a hedge against global liquidity crises. Overall, the authors suggest bitcoin ought to be considered a strategic position within long-term investment portfolios considering its transparent,…
Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License
ARP Digital received a category-3 license from Bahrain Central Bank.This marks the only over-the-counter (OTC) service provider with the license in the country that specializes in digital asset structure products.Structured products have seen a "huge spike" in demand from institutional investors after the U.S. Securities and Exchange Commission's approval earlier this year of spot bitcoin
Chainalysis, Fireblocks, Gauntlet Make Forbes’ Fintech List
Only three cryptocurrency firms made Forbes' annual list of 50 innovative fintech companies: Chainalysis, Fireblocks and Gauntlet. To qualify for consideration, companies had to be privately owned and based in the U.S.Chainalyis is a blockchain analytics firm that specializes in examining and tracking crypto transactions. The New York-based company, which has raised $535 million and
Bitcoin Price Eyes Move to $6.8K After Bull Breakout
Bitcoin could be about to make a move towards $6,800, having witnessed a bullish triangle breakout yesterday. The leading cryptocurrency, which had been in a narrowing price range, closed at $6,423 yesterday, confirming an upside breakout. With the move, the bulls look to have come out victorious in a months-long tug-of-war with the bears. However,…
Dusk Network Takes ‘Around 10%’ Stake in Dutch Stock Exchange
Dec 2, 2020 at 10:30 a.m. UTCUpdated Dec 2, 2020 at 10:39 a.m. UTCDusk Network Takes ‘Around 10%’ Stake in Dutch Stock ExchangeSecurity token platform Dusk Network has become a shareholder of a Dutch stock exchange for small- and medium-size enterprises (SMEs).Announced Tuesday, Dusk Network’s share acquisition in Nederlandsche Participatie Exchange (NPEX) follows a partnership…
Blockchain.com Wallet Users Can Now Borrow Against Their Crypto Holdings
Mar 10, 2020 at 12:00 UTCBlockchain CEO Peter SmithBlockchain.com, the cryptocurrency wallet and exchange provider, will now let users borrow against their holdings.The firm announced its new "Borrow" service on Tuesday, saying that it will offer loans in U.S. dollar-denominated stablecoins against holdings of bitcoin (BTC) held in the Blockchain Wallet. Open to wallet holders…
Head of Dubai Crypto Regulator to Quit to ‘Pursue Other Interests’
The CEO of Dubai's crypto regulator, Henson Orser, is set to be replaced by Matthew White, a partner at PwC, the Virtual Assets Regulatory Authority (VARA) said in an email.Bloomberg reported the change earlier, citing a statement from the regulator.Additionally, more than 12 crypto companies are set to be fined for not complying with guidelines