Senator and former United States presidential candidate Elizabeth Warren believes that the digital asset industry may be a tool to tackle some challenges in the traditional financial system. A known skeptic of cryptocurrencies like Bitcoin (BTC), Warren appeared to have softened her stance on the crypto industry in a CNBC Squawk Box interview on Wednesday, stating that digital currencies could […]
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A blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area countries and the ECB participated in the test, which also professed to show the digital currency’s carbon footprint would be smaller than that of card […]
Read moreGBM Global Holdings, the parent company of the Bitmart digital currency exchange, is petitioning a New York court for a restraining order preventing those responsible for the recent attacks on Bitcoin SV from transferring their fraudulently obtained coins from the wallets currently holding them. The filings are heavily redacted, in large part to preserve what GBM calls trade secrets—things like […]
Read moreWith thousands of gamblers accessing online casinos on a daily basis the best sites offer a long list of banking methods. While many players will use traditional methods like credit cards or ewallets, cryptocurrencies have been becoming a top choice. When playing at a Bitcoin casino, there are some great benefits This crypto is safe and secure and allows players […]
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Some members of the Pennsylvania House of Representatives introduced a bill into the state’s General Assembly, which proposes the establishment of a crypto task force that would examine the use of cryptocurrency and digital assets in the Commonwealth of Pennsylvania. Crypto Task Force Bill Proposed in Pennsylvania The bill which was published by Legiscan was introduced into the house on […]
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Contrarian investment firm, Horizon Kinetics, is advising investors to seek exposure to crypto assets amid mounting global economic challenges. Speaking to the Financial Times, Horizon’s co-founder Peter Doyle warned that the coronavirus pandemic and growing debt will usher an inflection point for the world economy, predicting: “There is no turning back after the pandemic and globally there is a debt […]
Read moreThe number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018. Ethereum Defi Applications See Unique Addresses Surpass 3 Million According to statistics from Dune Analytics, […]
Read moreAuthorities in Brazil have seized over $33 million in a digital currency money laundering investigation involving more than a dozen fictitious companies. The police have been probing the money laundering ring for some time now and claim that even the digital currency exchanges were in on the crime. Brazilian civil police announced the seizure of R172 million ($33.3 million) in […]
Read morePennsylvania-based Bitcoin mining firm Stronghold Digital Mining has filed for a $100 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). The firm filed its S-1 form on July 27 and if given the green light by the SEC, Stronghold intends to list its Class A common stock on the Nasdaq Global Market under the […]
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