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Senator Ted Cruz mention the Canadian protests to support Bitcoin

Senator Ted Cruz mention the Canadian protests to support Bitcoin

Senator Ted Cruz campaigned for Bitcoin (BTC) again at his Conservative Political Action Conference (CPAC) address on Friday, praising its decentralization. Cruz believes Bitcoin is a good investment since it is extremely decentralized and cannot be controlled by any government or institution. He went on to mention an ongoing situation

Rakuten launches NFT marketplace platform

Rakuten launches NFT marketplace platform

Rakuten, a major Japanese e-commerce company, has announced the introduction of Rakuten NFT, its nonfungible token (NFT) trading platform. In response to the rising popularity of nonfungible tokens throughout the world, the company announced intentions to build a private NFT marketplace in 2021. The NFT marketplace, according to Rakuten, also

BNY Mellon will launch its own digital asset custody platform later this year

BNY Mellon will launch its own digital asset custody platform later this year

BNY Mellon, a major US financial institution, is developing a digital asset custody platform. This platform would give institutional customers exposure to cryptocurrencies. Customers will be able to store the world's most popular cryptocurrencies, Bitcoin and Ether in BNY Mellon crypto wallets. Once they have regulatory approval, the

Mexican senator is convinced that Bitcoin should be legal in Mexico

Mexican senator is convinced that Bitcoin should be legal in Mexico

Indira Kempis, a senator from the state of Nuevo León, is convinced that Bitcoin should be legal in Mexico because its adoption could help drive global financial inclusion. Taking office in 2018, Kempis has been actively promoting the cryptocurrency industry in recent years, has been in the cryptocurrency industry for

Swiss crypto index provider "Compass Financial Technologies" offers DeFi Exposure

Swiss crypto index provider "Compass Financial Technologies" offers DeFi Exposure

Swiss fund manager Compass Financial Technologies has launched an index for 10 decentralized finance (DeFi) tokens dubbed the "Compass Crypto Basket Fundamental DeFi Index" (CCBFDEFI). The company founded in 2017 offers indices and services tailored to crypto, commodities, multi-asset and real estate. Compass Financial Technologies' indices have

Cryptocurrency trading company Amber is valued at $3 billion after Temasek investment

Cryptocurrency trading company Amber is valued at $3 billion after Temasek investment

Cryptofinance services provider Amber has secured a $3 billion valuation following a funding round in which we find Singapore's state-owned investment firm Temasek Holdings Pte among the lead investors. Singapore is one of Asia's leading markets for crypto startups, and Temasek has made several investments in

The President of the Bitcoin nation el Salvador to offer citizenship for foreign investors

The President of the Bitcoin nation el Salvador to offer citizenship for foreign investors

Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. Recall that in September, El Salvador became the first country to recognize bitcoin as a legally recognized currency, and seems to want to continue with reforms to attract foreign capital. El Salvador&

Kookmin Bank set to launch South Korea's first cryptocurrency investment fund

Kookmin Bank set to launch South Korea's first cryptocurrency investment fund

Kookmin Bank one of the largest South Korean banks could become the first bank in South Korea to offer cryptocurrency investment products to retail investors. The bank plans to launch exchange-traded crypto funds (ETFs) and futures products, on February 21 it announced that it has formed a preparatory committee for

OpenSea pause planned update due to phishing attack targeting NFT migration

OpenSea pause planned update due to phishing attack targeting NFT migration

OpenSea the leading NFT ( non fungible token) exchange platform has fallen victim to a phishing attack that occurred just hours after it announced yesterday a new smart contract update that would occur throughout the week with the goal of eliminating inactive NFTs on the platform, and requiring users to migrate

JPMorgan unveils research on blockchain network that is resistant to quantum computing attacks

JPMorgan unveils research on blockchain network that is resistant to quantum computing attacks

JPMorgan unveils research on blockchain network that is resistant to quantum computing attacks JPMorgan Chase one of the world's largest U.S. banks has unveiled research into a Quantum Key Distribution (QKD) blockchain network that is resistant to quantum computing attacks. QKD applies quantum mechanics to cryptography to

California the most crypto ready U.S state

California the most crypto ready U.S state

California the most crypto ready U.S state The state of California has actually become one of the most crypto-ready territory in the USA thanks to the spreading of cryptocurrency ATMs and growing rate of interest in digital possessions amongst the state's populace, according to new sector research

Snowden Urges Other Nations to Embrace Bitcoin: Latecomers May Regret Hesitating

Snowden Urges Other Nations to Embrace Bitcoin: Latecomers May Regret Hesitating

As of September 7, El Salvador becomes the first country in the world to formally recognize Bitcoin as a legal currency. Edward Snowden congratulated El Salvador on the recent recognition of Bitcoin as a legal currency, but warns other countries to not delay in adopting Bitcoin. In 2013, technology consultant

El Salvador’s President ‘Buys The Dip’ as Bitcoin price flash crashes and wipes Out $400 Billion In Market Value

El Salvador’s President ‘Buys The Dip’ as Bitcoin price flash crashes and wipes Out $400 Billion In Market Value

The cryptocurrency market took losses this Tuesday when a wave of selling hit cryptocurrency prices, Bitcoin fell as much as 19%, all on the eve of the Bitcoin law taking effect. The initial purchase of 200 BTC was valued at around $10.4 million. However, this didn't seem

El Salvador purchases Its First 200 BTC, president says

El Salvador purchases Its First 200 BTC, president says

El Salvador is the first country in the world to recognize Bitcoin as a legal currency. Despite opposition from local groups, the government believes that cryptocurrency will be a tool that could go a long way in strengthening El Salvador's economy. El Salvador's President Nayib Bukele

U.S. SEC Investigates decentralized crypto exchange Developer Uniswap Labs: Report

U.S. SEC Investigates decentralized crypto exchange Developer Uniswap Labs: Report

The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Uniswap, the world's largest decentralized cryptocurrency exchange, the Wall Street Journal reported Friday. [https://www.wsj.com/articles/regulators-investigate-crypto-exchange-developer-uniswap-labs-11630666800?mod=latest_headlines] According to a WSJ report, the SEC is seeking information on how investors use the

Belarus’ President wants his government to mine cryptocurrency

Belarus’ President wants his government to mine cryptocurrency

According to RBC newspaper, Belarusian President Alexander Lukashenko has called on the government to mine cryptocurrencies using spare energy infrastructure, rather than moving abroad to pursue low-paying agricultural jobs. He wants the nation to build more greenhouses and find active uses for electricity. One of the uses he mentioned is

ShapeShift makes available its Open-Source Platform Code V2

ShapeShift makes available its Open-Source Platform Code V2

Cryptocurrency exchange ShapeShift, a decentralized, non-custodial cryptocurrency platform, announced Thursday that it has open-sourced the code for its upcoming V2 of the platform, making it available to developers. Since 2014, ShapeShift has been pioneering self-custody for digital asset trading, and through its platform allows users around the world to securely

UK Cryptocurrency exchange Coinpass gets FCA approval

UK Cryptocurrency exchange Coinpass gets FCA approval

The Financial Conduct Authority (FCA), the U.K.'s financial regulator, has approved cryptocurrency exchange Coinpass to operate as a cryptocurrency firm, according to a press release issued Wednesday. This makes Coinpass among the first U.K.-based cryptocurrency exchanges to fully register with the FCA, Details on the

Ethereum's co-founder says Cryptocurrency Can Help Afghanistan

Ethereum's co-founder says Cryptocurrency Can Help Afghanistan

Charles Hoskinson, the founder of Cardano and the co-founder of Ethereum, told CNBC on Tuesday that he expects cryptocurrencies could be used as a tool to fight the Taliban; he didn't explain exactly how crypto could do that, but hinted that privacy could be something useful for the

Twitter seems to be working on Bitcoin tipping feature

Twitter seems to be working on Bitcoin tipping feature

Based on MacRumors report, Twitter is reportedly laying the groundwork to enable Bitcoin (BTC) tips for content creators, the report says that while Bitcoin is not yet available in the Tip Jar, beta code suggests it will be. Twitter introduced the Tip Jar in May as a way for users

SEC chief Gary Gensler says Crypto platforms need regulation to survive

SEC chief Gary Gensler says Crypto platforms need regulation to survive

Securities and Exchange Commission chief Gary Gensler said cryptocurrency platforms have become so big that they need to embrace regulation or risk losing the public's trust because "finance is about trust," warns Gary Gensler, the chairman of the United States Securities and Exchange Commission. "At

China’s new blockchain infrastructure to Digitize Securities Market Using Blockchain

China’s new blockchain infrastructure to Digitize Securities Market Using Blockchain

The China Securities Regulatory Commission (CSRC) is interested in digitizing much of the securities and futures markets using alternatives such as blockchain and smart contracts, according to discussions that took place during the China Securities Industry Alliance Chain and OTC Alliance Chain Special Work Symposium held recently in Beijing. Jiang

Coinbase confirm it sent erroneous notifications told "125,000 users their 2FA settings had changed"

Coinbase confirm it sent erroneous notifications told "125,000 users their 2FA settings had changed"

Leading cryptocurrency exchange Coinbase mistakenly sent emails to 125,000 users telling them that their two-factor authentication settings had been changed. In a comment to CNBC Coibase said: The email and SMS notifications were sent due to an "internal error" and were not the result of a hack.

Treasury pushes global crypto data-sharing rules

Treasury pushes global crypto data-sharing rules

The U.S. Treasury is calling for new rules for more data sharing by cryptocurrency exchanges. This is reported by Roll Call citing an unauthorized government official to speak, who says the Biden administration is urging Democrats to add more rules regarding tax compliance of cryptocurrency transactions In the upcoming

Crypto exchange FTX.US Acquires LedgerX

Crypto exchange FTX.US Acquires LedgerX

A press release revealed that FTX.US will acquire CFTC-regulated options and futures platform LedgerX through the purchase of its parent company, Ledger Holdings Inc. for an undisclosed amount, the deal is expected to close, pending satisfaction of customary closing conditions, the company noted. The acquisition could see FTX.US