Bitcoin Ascends in New Crypto Ranking by State-Backed Chinese Institute
China's Center for Information and Industry Development (CCID), under the country's Ministry of Industry and Information Technology, has released its 20th ranking of crypto projects. A total of 37 crypto projects are ranked this time around overall as well as ... read more.
Game of Thrones Star Maisie Williams Wants to Know if She Should Buy Bitcoin
Game of Thrones and The New Mutants actress Maisie Williams has started a poll on Twitter seeking opinions on whether she should invest in bitcoin. Among those who replied was Spacex and Tesla CEO Elon Musk who wrote: "Toss a ... read more.
Bitcoin Unlimited Hosts Week-Long Hackathon to Bolster the Future of Finance
On December 2, 2020, the organization and full node project Bitcoin Unlimited is hosting a week-long hackathon that aims to build the future of finance by leveraging the decentralized crypto network Bitcoin Cash. The event dubbed “Coinparty 2020” aims to ... read more.
Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions ... read more.
'Control the Pandemic' - Fed Chair Jerome Powell Predicts the Entry of a 'Different Economy'
Federal Reserve Chair Jerome Powell told participants at the Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday that the economy will never be the same after Covid-19. According to Powell, the use of accelerated technology will change ... read more.
Mexican Billionaire Ricardo Pliego Invests 10% of Liquid Portfolio in Bitcoin- Says the Crypto Shields Against Wealth Expropriation
Mexico's second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. The billionaire says the top crypto protects the wealth of private citizens from getting expropriated. Pliego advises his followers that might want to ... read more.
Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey
Hundreds of millionaires have revealed in a new survey that they have either already invested in bitcoin or are planning to invest in the cryptocurrency in the next couple of years. Millionaires Don't Want to Miss Out on Bitcoin A ... read more.
New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they ... read more.
Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation
Deutsche Bank's strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan's analysts that shows institutional investors moving from ... read more.
Grammy Nominated Hip-Hop Star Logic Dropped $6 Million Into Bitcoin Last Month
During the last few months, a slew of celebrity luminaries, millionaires, and even a number of billionaires have announced taking the plunge into the crypto asset economy. On Thursday evening, the former rapper Robert Bryson Hall II, known professionally as ... read more.
Airbnb IPO Prospectus Says Future Success Means Adapting to Cryptocurrencies
The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing notes that ... read more.
South Africa Unveils New Crypto Rules as Usage Soars Exponentially
The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced "an exponential increase in the provision and use of crypto assets." South Africa's Crypto Regulation South Africa's ... read more.
Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K
As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped ... read more.
Market Update: Crypto Asset Prices Spike Massively, Speculators Claim 'Altcoin Season' Is Here
A number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values ... read more.
Blackrock's Chief Investment Officer: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold
Blackrock's Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, "is here to stay." In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock's Chief Investment Officer (CIO) of ... read more.
Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding
Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses originating ... read more.
Texas State Securities Board Flags 15 Investment Entities Including One Unregistered Crypto Trader
The Texas State Securities Board (TSSB) has announced a series of enforcement actions against 15 online investment entities that illegally market cryptocurrency, binary options, and forex investments in Texas. Fake Social Media Accounts The regulator alleges that operators of the ... read more.