Why is the crypto market up today?

Speaking at a Chamber of Digital Commerce panel discussion in late February, City of Miami Mayor Francis Suarez noted that his city’s employees, like others, are worried about the “potential devaluation of the dollar,” so he proposed to the Miami City Commission a resolution to allow “our employees to take a percentage of their salaries…

South Korean consumer electronics giant Samsung has filed a patent for a blockchain-enabled Solid State Drive (SSD).“Programmable blockchain solid state drive and switch”Local industry news outlet Decenter reported on Sept. 3 that Samsung applied for the “programmable blockchain solid state drive and switch” patent on Jan. 15 and that it has been published on Feb.…

JPMorgan CEO Jamie Dimon returned to his more critical comments about Bitcoin, calling the cryptocurrency a “scam” and saying he had “no interest” in it, Bloomberg reported Sunday, August 5. Dimon was speaking at the Aspen Institute’s 25th Annual Summer Celebration Gala on Saturday, including cryptocurrency as part of general comments he made about the…

The founder behind the game studio that developed Fornite sees promise in NFTs, but says for now there's more speculation than substance. 2471 Total views 7 Total shares Tim Sweeney, the co-founder of the studio behind titles such as Hitman, Gears of War, and the wildly popular Fortnite said in a Tweet today that non-fungible…

Following the cyber breach of non-sensitive data, bankrupt cryptocurrency exchange FTX has reactivated account access to its customer claims portal. 144 Total views 2 Total shares Bankrupt cryptocurrency exchange FTX has restored its customer claims portal, which was previously shut down due to a cyber attack. Claimants can now continue to submit asset claims they

Catherine Raw, the North America COO of the largest gold mining firm in the world, Barrick Gold, said that she does not think cryptocurrencies are competitive with gold, Fortune reported on Sept. 18.Raw made her remarks yesterday at Fortune’s Most Powerful Women International Summit, where she stated:“The very tangible nature of gold is what keeps…

Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied.“We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in New…

Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, is launching a blockchain accelerator together with the government of the southern state of Telangana. The parties hope the accelerator will become a “torch-bearer” for future accelerators nationwide, the Economic Times reported on Feb. 19.The new “T-Block Accelerator” is aimed at fostering blockchain startups that have…

Cryptocurrency investment app Abra starts selling crypto for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay.Crypto in 6,000 outlets in the PhilippinesAbra announced on Sept. 18 that the partnership will bring crypto to 6,000 retail outlets across the Philippines, including all 7-Eleven stores. The company says that…