China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCNews have both claimed that as of Wednesday, search results for some of the world’s leading cryptocurrency exchanges are pulling up zero results. Cointelegraph’s staff in China have themselves searched for […]
Tesla CEO Elon Musk has been criticized for wielding what many perceive to be irresponsible influence over the cryptocurrency market. Musk regularly took to Twitter to post memes and hot takes on various cryptocurrencies throughout most of 2021, not least Bitcoin (BTC) and Dogecoin (DOGE). Musk soon added another coin […]
Iran is looking for ways to introduce a legal framework for cryptocurrencies while Bitcoin (BTC) mining remains under embargo in the country. During the Cabinet’s Economic Coordination Board meeting on Tuesday, Iranian President Hassan Rouhani emphasized the need to legalize cryptocurrency activities to preserve and protect national interests. Rouhani said […]
Despite what some laser-eyed zealots might have you believe, Bitcoin wasn’t designed to eliminate central banks from the economic picture, and Bitcoin may one day help banks acquire many tools they currently wish they had. The final panel of Day 1 of the CoinGeek Conference in Zurich featured a lively […]
MicroStrategy is one of the loudest crypto advocates listed on Wall Street. Now, the Michael Saylor-led company is engaging in one of the first-ever corporate bond sales that specifically earmarks the proceeds for Bitcoin purchases. MicroStrategy’s Strategy? Buy The Dip After initially planning to issue $400M of the debt, by […]
After an action-packed first day at CoinGeek Zurich which focused on the BSV enterprise blockchain and how it’s transforming payments, healthcare, supply chains and more, Day 2 will delve into NFTs, tokenized assets, blockchain law and more. Some of the day’s speakers include Fundstrat’s Tom Lee, Centbee’s Lorien Gamaroff, RelayX’s […]
Commissioner Dan M. Berkovitz of the Commodity Futures Trading Commission (CFTC) believes DeFi derivatives platforms may contravene the Commodity Exchange Act (CEA). Speaking as part of a June 8 keynote address dubbed “Climate Change and Decentralized Finance: New Challenges for the CFTC,” Berkovitz notes that: “Not only do I think […]
The U.K.’s top financial watchdog is extending the period in which it will allow digital currency companies to operate even if they are not officially approved to offer their services. This is the third time the regulator is extending the grace period after seeing an unprecedented number of applications by […]
Dominic Williams, the founder of Dfinity and its Internet Computer, has slammed the scaling solutions put forward by Polkadot and Ethereum for offering a disjointed user experience. The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem of second-layer scaling solutions, describing Ethereum as starting to resembling a ridiculously elaborate “Rube Goldberg […]
Goldman Sachs has backed a $28 million Series A funding round for blockchain infrastructure firm Blockdaemon. The funding was led by Greenspring Associates and included participation from crypto lending firm BlockFi, and crypto-asset broker Voyager Digital Ltd, along with a $5 million investment from Goldman Sachs. Goldman Sachs is an […]
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