Iran has issued a flat ban on block reward mining activities in the country, outlawing the practice until at least September over concerns about the impact on national energy supply. President Hassan Rouhani announced the ban at a meeting of the cabinet earlier this week, saying the measures would last […]
JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. However, his bank, JPMorgan, will not stay away as clients want exposure to this asset class. Jamie Dimon’s […]
Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee. The three banks are in different stages of offering crypto services to their clients. They also lag behind some of their peers, such as Morgan Stanley and Goldman Sachs, in offering […]
Ethereum has followed Bitcoin‘s trajectory and has registered a new 10% correction in the daily chart. The top cryptocurrencies have suffered for the past week. Fear and uncertainty seem to be driving market participants. At the time of writing, ETH trades at $2,270 with red across all charts. The cryptocurrency […]
We are back at it again, folks. The bitcoin-based exchange-traded fund (ETF) game is in play all over again in the United States as the Securities and Exchange Commission (SEC) is now reviewing bitcoin ETF applications submitted by companies such as Fidelity and Sky Bridge Capital, led by Anthony Scaramucci. […]
A bitcoin ATM operator has been sent to federal prison for two years for running an illegal cryptocurrency exchange operation. U.S. authorities have seized 17 bitcoin ATMs, along with some cryptocurrencies, including bitcoin. Illegal Bitcoin ATM Operator Sent to Prison The U.S. Department of Justice (DOJ) announced Friday that a […]
Lawmakers in Nebraska have passed a law enabling state-chartered banks to offer digital currency custody services, in a move expected to help cement the state’s role as an emerging hub for the digital currency sector. The digital currency-friendly legislation was drawn up with input from digital currency firm Telcoin, and […]
The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of the country. Still, in its May […]
Cardano remains one of the few altcoins showing strength amid May’s massive cryptocurrency dip and its developers’ latest announcement is sure to have prompted excitement among investors and holders. On Thursday, IOHK, the coin’s devs, announced the rollout of the “Alonzo” testnet, as well as a roadmap showing how they […]
The music industry is well-known for being dominated by a few giant corporations that ensure artists receive as little as possible while they take most of the profit. The industry has a few high-profile artists earning millions, and millions of artists earning next to nothing. The problem is so widespread […]
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