Crypto investments a financial backup for Facebook whistleblower
Frances Haugen also received financial help from nonprofit organizations backed by Pierre Omidyar, a co-founder of eBay.
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Twitter CEO Jack Dorsey: Hyperinflation Will Change Everything, It’s Already Happening
With inflation already here, Twitter founder and Bitcoin proponent Jack Dorsey believes it will continue at a fast rate, which will lead to hyperinflation, not just in the United States…
YouTube channels hacked and rebranded for live-streaming crypto scams
Google’s Threat Analysis Group (TAG) attributes the attacks to a group of hackers recruited in a Russian-speaking forum, who sell the hacked YouTube channels to the highest bidder.
Texas Ethics Commission seeks pro-crypto rule for political contributions
If approved, cryptocurrency donations and contributions will need to be reported as in-kind contributions or as investments, not currency.
Crypto breaks Wall Street’s ETF barrier: A watershed moment or stopgap?
With the Bitcoin ETFs, investors won’t have to deal with hot/cold storage decisions, crypto exchanges, fraud, etc. “Convenience does the magic here.”
Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our…
FTX crypto exchange raises $420M from 69 investors
FTX’s user base has grown by 48%, while its average trade volume has increased 75% since a funding round in July.
Sanctioned Russian oligarch urges central bank to embrace Bitcoin
The U.S. Treasury asked cryptocurrency companies to ensure compliance with sanctions last week.
Spot and Futures-Backed Bitcoin ETF: What’s the Difference?
On October 19th, 2021, the United States Securities and Exchange Commission (SEC) approved the first futures-backed Bitcoin exchange-traded fund (ETF). An SEC-approved ETF is something that the cryptocurrency community has…
Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now.
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