Latest stories

  • valve-removes-blockchain-games,-tells-users-not-to-publish-content-on-crypto-or-nfts
    in ,

    Valve removes blockchain games, tells users not to publish content on crypto or NFTs

    “Steam’s point of view is that items have value and they don’t allow items that can have real-world value on their platform,” claimed one game developer. Video game corporation Valve has informed users no content related to cryptocurrencies or nonfungible tokens will be allowed through its Steam marketplace.As reported by game developer SpacePirate on Oct.… More

  • bitcoin-all-time-highs-‘just-a-matter-of-time’-after-a-btc-etf-approval-looks-certain
    in ,

    Bitcoin all-time highs ‘just a matter of time’ after a BTC ETF approval looks certain

    Bitcoin’s price spiked above $61,800 as the promise of a BTC ETF approval reignited the discussion on whether the top-ranked cryptocurrency will hit $100,000 by the end of the year. Optimism is bordering euphoria in the cryptocurrency market after a trove of documents pointed toward the eventual approval of Valkyrie’s Bitcoin (BTC) exchange-traded fund, or… More

  • how-will-doj’s-new-crypto-enforcement-team-change-the-game-for-industry-players,-good-and-bad?
    in ,

    How will DOJ’s new crypto enforcement team change the game for industry players, good and bad?

    In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place. On Oct. 6, the United States Department of Justice, or DOJ, announced the creation of a specialized unit, the National Cryptocurrency Enforcement Team, or NCET, tasked with prosecuting criminal misuses of digital assets and crypto infrastructure,… More

  • cftc-slaps-tether-and-bitfinex-with-a-combined-$42.5-million-fine
    in ,

    CFTC slaps Tether and Bitfinex with a combined $42.5 million fine

    The settlement triggered concerns that the CFTC’s role in stablecoin regulation could be misunderstood by the public. On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or CEA, and of a prior CFTC… More

  • second-largest-us-mortgage-lender-uwm-dumps-bitcoin-payment-plans
    in ,

    Second-largest US mortgage lender UWM dumps Bitcoin payment plans

    United Wholesale Mortgage had previously announced plans to test Bitcoin and Ether for mortgage payments in August. United Wholesale Mortgage (UWM), one of the largest wholesale and purchase lenders in the United States, is ditching Bitcoin (BTC) payments plans after running a test.UWM officially announced Thursday that the company has successfully conducted its first-ever cryptocurrency… More

  • bakkt-crypto-exchange-partners-with-google-for-payments
    in ,

    Bakkt crypto exchange partners with Google for payments

    Millions of retailers currently accept Google Pay as a form of payment, potentially giving Bakkt users the ability to pay in crypto at a variety of stores and online markets. Users who hold debit cards issued by cryptocurrency exchange Bakkt will be able to convert their crypto balances to make fiat payments using Google Pay.In… More

  • swiss-think-tank-initiates-vote-to-add-bitcoin-in-federal-constitution
    in

    Swiss think tank initiates vote to add Bitcoin in federal constitution

    Successful or not, the vote will bring crypto education to people who are not yet Bitcoin-savvy, 2B4CH founder said. 2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative that could make Bitcoin one of the country’s reserve assets.On Friday, the association announced… More

  • bitmex-ceo-predicts-bitcoin-will-be-legal-tender-in-five-countries-by-2022
    in

    BitMEX CEO predicts Bitcoin will be legal tender in five countries by 2022

    Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said. Countries in the developing world will soon follow in the steps of El Salvador and make Bitcoin (BTC) legal tender, BitMEX CEO Alexander Höptner recently predicted.In a Wednesday blog post, Höptner expressed support for El Salvador adopting Bitcoin as legal tender… More

  • bitmain-stops-shipment-of-antminer-crypto-mining-rigs-into-china

    Trending

    in

    Bitmain stops shipment of Antminer crypto mining rigs into China

    Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces. Bitmain, a Chinese manufacturer of cryptocurrency mining equipment, has been forced to stop its business in China from Oct. 11 following the crypto ban imposed by local authorities.In addition to China’s blanket ban on crypto operations, the company has attributed… More

  • sec-approves-volt-equity-etf-providing-exposure-to-bitcoin-centric-companies
    in

    SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies

    Regulators have green-lighted a new exchange-traded fund that provides exposure to “Bitcoin Industry Revolution Companies.” The United States Securities and Exchange Commission, or SEC, has approved the Volt Crypto Industry Revolution and Tech ETF, providing investors with easy access to companies with significant exposure to Bitcoin (BTC).The exchange-traded fund, which was approved on Tuesday, is… More

  • russia-aims-to-limit-crypto-purchases-by-non-accredited-investors
    in ,

    Russia aims to limit crypto purchases by non-accredited investors

    The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, argued that Russia needs to adopt new laws to protect retail investors from the potential losses of investing in crypto, local news agency Interfax reported on… More

  • federal-high-court-of-nigeria-approves-enaira-cbdc-rollout
    in

    Federal High Court of Nigeria approves eNaira CBDC rollout

    eNaira will continue to circulate alongside its fiat counterpart, promising a faster, cheaper and more secure option for monetary transactions. The Nigerian Federal High Court joins the growing list of regulators across the globe to approve the rollout of a central bank digital currency (CBDC) as a legal tender. Named eNaira, the digital currency will… More

  • imf-recommends-cbdc-and-global-crypto-standards-for-financial-stability
    in

    IMF recommends CBDC and global crypto standards for financial stability

    The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption. The International Monetary Fund (IMF) released a set of policies for the emerging markets and developing economies to ensure financial stability amid global crypto adoption. The IMF believes in the potential of crypto assets as a tool… More

Load More
Congratulations. You've reached the end of the internet.