World Bank Taps Australia’s CommBank to Issue Its First Blockchain Bond
The Commonwealth Bank of Australia has been chosen by the World Bank Group to help issue a bond on a blockchain.
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Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
Jack Dorsey believes the price of bitcoin could reach over $1 million by the end of 2030.His outlook aligns with that of other industry leaders, such as Cathie Wood, who predicted that bitcoin could go as high as $1.5 million by that time.Former Twitter CEO and now founder and backer of several crypto projects, Jack

US Lawmakers Looking Into China’s Role in GameStop Pump: Report
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.Feb 18, 2021 at 12:00 a.m. UTCUS Lawmakers Looking Into China’s Role in GameStop Pump: ReportU.S. lawmakers are set to question a trader named Keith Gill and the chief executives of Reddit…

EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
EOS Network participants should consider taking legal action against major investor Block.one (B1) for "broken promises" over its investment in the ecosystem, according to the founder of the EOS Network Foundation.Yves La Rose said legal action is one of two possible ways to hold B1 to account for not investing the $1 billion it promised…

Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal
Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury. The crypto payment option, which will be offered through a "secure payment platform managed by PayPal," according to the release, is expected to go live in mid-2025.

Bitcoin Bumps Up, but for How Long?
Mar 20, 2020 at 19:38 UTCUpdated Mar 20, 2020 at 19:43 UTCAs traditional markets continue to struggle with the coronavirus crisis, cryptocurrencies are seeing an upswing in both price and volume. Now crypto traders are wondering how long this new rally will last. Bitcoin (BTC) is up 1 percent in the past 24 hours of trading,…

Why Miner Maker Ebang’s US IPO Raises More Questions Than Answers
Jun 8, 2020 at 17:32 UTCUpdated Jun 8, 2020 at 17:35 UTCWhy Miner Maker Ebang’s US IPO Raises More Questions Than AnswersHow does a company go from having over $300 million in revenue for the first half of the year to having revenue of essentially $0 in the second half? That’s one question U.S. investors…

BlackRock’s Bitcoin ETF Would Be a Big Deal
BlackRock’s iShares unit filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin (BTC) exchange-traded fund (ETF).As with all things perpetually online, many are tying themselves up and tripping over semantics. Is this proposed fund actually an ETF or just a trust? The question seems odd,…

US Secretary of State Says Crypto Should Be Regulated Like SWIFT
news U.S. Secretary of State Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as financial institutions. In an interview with CNBC’s Squawk Box on Tuesday, Pompeo was asked how best to regulate Facebook’s Libra or bitcoin. He responded: “My sense is this: We should use the same framework that…