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Elon Musk Reveals His True Opinion on Bitcoin and Crypto

Elon Musk finally revealed his nuanced stance on cryptocurrencies, saying that they could be a valid replacement to cash and its usage in illegal transactions. After a long and cryptic series of tweets on Bitcoin (BTC), SpaceX and Tesla CEO...

Exchanges Hold More Bitcoin Than Ever as Coinbase Wallet Nears 1M BTC

Coinbase is by far the biggest exchange hoarder of Bitcoin, with second place Binance having holdings totaling only around 250,000 coins. United States cryptocurrency exchange Coinbase will soon hold a million Bitcoins (BTC) in its cold wallets in a controversial...

Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody

Hawaii senators have introduced a bill authorizing banks to offer custody services to digital asset classes. The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody. The bill was...

WEF Unveils Global Governance Consortium for Digital Currencies

The World Economic Forum has created what it claims is the first ever global consortium dedicated to designing a framework for the global governance of digital currencies. The World Economic Forum (WEF) has created what it claims is the first...

Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

Tether is now offering a gold-backed stablecoin, XAUT, which represents ownership of one troy ounce of gold held in a Swiss vault controlled by the company. Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan....

Week Two of RBI Vs. Crypto at the Supreme Court of India

The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has this week listened to further hearings in the...

Celsius to Begin Offering Compounding Interest on Crypto Deposits

Crypto lending company Celsius will add compounding interest on deposited tokens starting on February 1. Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement...

Nedbank Not Looking to Shut Down Crypto Exchange Bank Accounts

Contrary to reports, prominent South African bank, Nedbank is not considering closing down accounts belonging to crypto exchanges in the country. Nedbank Not Taking New Digital Asset Exchange Customers According to South African crypto news outlet SACrypto, reports stating that...

Bitcoin’s Github Community Now Boasts of 3000+ Members

According to recent data by GitGitRun.com, Bitcoin’s Github community has now has more than 2800 members, with some speculating that the real member count has gone past 3,000. Bitcoin Github Community on the rise Github is quite well-known for being...

This Ripple Backed Firm is Eyeing Indian Market Dominance

MoneyGram, the cross-border payment system backed by Ripple, will aim to become a leader in carrying remittances for the Indian market. Ripple Backed MoneyGram Aims for Bigger Share of the Indian Remittances Market After forming a strategic partnership with EbixCash,...

OneCoin Accomplice Requests Sentence Postponement

According to a recent letter filed by Mark Scott’s counsel, the OneCoin co-conspirator is trying to get his sentencing postponed until the 21st of April. The crypto space is filled with reports of scams, most of which took place back...

Doomsday Clock Nears Midnight, Time to Buy Bitcoin?

The Doomsday Clock is now closer than its ever been in its 73 year history to spelling out the total destruction of mankind. Surely it must be Bitcoin o’clock now?  The world’s experts sound the alarm Amid the rumors that...

Peter Brandt Remains Bullish on Bitcoin

Peter Brandt is one of the most popular Bitcoin analysts on Twitter. In the last 24 hours Brandt has made a bullish case for BTC, which counters many who thought the market would slump because of Chinese New Year. Bitcoin...

Beware of the IRS, H&S Warns its Crypto Customers

U.S. tax preparation company H&R Block is advising its customers not to consider evading the Inland Revenue Service (IRS) by not reporting their cryptocurrency transactions  Don’t Worry About Accuracy, Just Report Crypto Taxes According to Yahoo Finance, H&R Block has...

Bitcoin Burglars on the Run After Mayfair Store Robbery

In a daring pre-dawn raid, two thieves were able to enter a liquor store in Philadelphia’s 15 precinct on Frankford avenue, and ransack a Bitbox Bitcoin ATM machine. The thieves were able to pilfer the cash box inside the machine,...

Ripple and XRP: The Complete Guide

What is Ripple? The name has been incredibly prominent within the cryptocurrency space, for reasons both positive and negative. In short, Ripple is a payment protocol that facilitates fast, frictionless cross-border payments with minimal fees. This technology is based on...

Crypto and the Latency Arms Race: Market Microstructures

Max Boonen, CEO of market maker B2C2, looks at recent trends in crypto market infrastructure.Powered by WPeMatico

Major Australian Exchange Expands to Singapore for Crypto-Friendly Regs

Independent Reserve will expand to Singapore to take advantage of its “overwhelmingly positive” regulatory response.Powered by WPeMatico

Davos, CBDCs, and the Rise of Bitcoin Art

The word from Davos is blockchain not crypto, cashless futures, and CBDCs, while Brekkie von Bitcoin gives us his take on the emergent field of bitcoin art.Powered by WPeMatico

Harmony Kicks Off Migration From Ethereum and Binance Chains to Its Own

Harmony is rolling out its token swap process, asking holders of its ERC-20 and BEP-2 tokens to switch to its own native asset to participate in staking and other activities.Powered by WPeMatico