Bitconnect Promoters Must Pay Over $12M in Penalties
The cryptocurrency world is nearing the end of one of its darkest – and to some extent, weirdest – chapters as the SEC agreed to a settlement of more than…
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This Missouri Mayor Plans to Give $1,000 of Bitcoin to Every Inhabitant – With One Condition
The Mayor of Cool Valley, a city in Missouri, is planning to distribute bitcoin worth up to $1,000 to the inhabitants. However, there is a condition attached to such a…
NBA Star Cade Cunningham Partners with BlockFi, Receives Bonus in Bitcoin
BlockFi signed an exclusive multi-year partnership with the professional basketball player – Cade Cunningham. Detroit Pistons’ star will participate in educational videos and exclusive interviews, while the financial services company…
Australian Police Seizes Record $6M Worth of Bitcoin From Dark Web
Australian detectives from the Criminal Proceeds Squad have seized a record-breaking haul of bitcoin worth nearly A$8.5 million (more than $6 million) in Victoria. Local media reported Friday that the…
Former SEC Chair Jay Clayton Joins $2 Billion Crypto Custodian as Advisor
In his second crypto-focused endeavor in the private sector, Former SEC chairman Jay Clayton will be joining a $2 billion crypto-custodian based in Israel, known as “Fireblocks.” Why Clayton Joined…
Binance Rolls Out Mandatory KYC Requirements Amid Regulatory Woes
Leading crypto exchange Binance has recently increased its customer verification requirements amid mounting pressure from global financial regulators. All Binance Users Must Verify their Accounts In an official announcement on…
Coinbase to Buy $500M of Cryptocurrencies and Invest 10% of Profits, Says CEO
America’s largest digital asset exchange will expand its cryptocurrency holdings on the balance sheet with a $500 million allocation, said the company’s CEO, Brian Armstrong. Furthermore, he promised that the…
Ethereum Will Outperform Bitcoin Within Five Years, Says DeVere Group’s CEO
Nigel Green – CEO of the financial advisory firm deVere Group – believes Ethereum would surpass Bitcoin and become the leading digital asset within five years. He argued that the…
Wells Fargo Files to Launch a Bitcoin Fund
A few months after dabbling with the idea of getting on the cryptocurrency bandwagon, Wells Fargo has filed documents with the US Securities and Exchange Commission to launch a designated…
Polkadot’s Kusama (KSM) Announces the Next 5 Parachain Auctions
Following the success of its first six parachain auctions, Kusama – Polkadot’s Canary network, goes ahead and announces the dates and details for the next 5 auctions. Kusama Goes Ahead…