Business

Slow, but not steady: India’s stance on Bitcoin and crypto is evolving

India’s reserve bank has long since condemned the use of cryptocurrencies, but other than the Supreme Court striking down its 2...

Russia’s central bank to study crypto investment risks

Russia’s central bank has scheduled a risk assessment for cryptocurrencies like Bitcoin (BTC), according to the Bank of Russia’...
June 30, 2021
30

Ethereum Classic price has nearly doubled days after Digital Currency Group’s $50M bet

Ethereum Classic (ETC) reached its highest level in almost three weeks Wednesday, buoyed by Barry Silbert-backed Digital Curren...

Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’

Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitco...
June 30, 2021
49

HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain

Global banking giant HSBC has announced that it has been successfully onboarded to the regional Know-Your-Customer (KYC)-focuse...

UK’s NatWest bank limits transactions to crypto exchanges

As the crypto crackdown continues in Britain, another high street bank has intensified its efforts to curtail  its customers...
June 30, 2021
27

Coinbase will pay users 4% interest on USDC holdings

Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the c...
June 29, 2021
73

Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility

Galaxy Digital has issued a $20 million loan to U.K.-based crypto mining company Argo Blockchain for building a data center in ...
June 29, 2021
31

John McAfee’s suicide reports raise disbelief, spark conspiracy theories

Often a figure of ridicule within the crypto community thanks to his outlandish predictions as well as being a larger-than-life...
June 29, 2021
31

Tom Brady and Gisele Bündchen take equity stake in FTX crypto exchange

Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bündchen are the latest celebrities to reaffirm the gr...