Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash

Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether.In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT).Similarly to a previous repayment in July 2019,…

Democratic and Republican lawmakers in the U.S. House of Representatives voted to pass the Financial Innovation and Technology for the 21st Century Act.

Some of JPMorgan’s new blockchain-related job applications seek candidates with experience in Bitcoin, Ethereum and proof-of-stake consensus mechanisms. 270 Total views 5 Total shares Major American investment bank JPMorgan is upping its blockchain hiring spree by posting a series of new blockchain-related job applications.JPMorgan has opened multiple positions to pursue its global blockchain development efforts…

United Kingdom-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America.According to a Sept. 30 press release, this will bring 56 markets worldwide in total into Revolut’s reach.North, Latin American and Asian marketsPer the release, the terms of the agreement stipulate that…

Bitcoin (BTC) is on track to see new all-time highs this month and at least $72,000 in November if the latest price data is accurate.In a tweet on Oct. 12, Filbfilb, an analyst at trading platform Decentrader, described what he said was an achievable price target for this month and next.BTC price to $72,000? "Stranger…

SEC chairman Gary Gensler promoted cooperation between Europe and The United States in seeking to regulate decentralized financial technologies. 159 Total views 3 Total shares Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets.Speaking…

UC Berkeley, once known for its activism and progressive atmosphere, is now also major player in blockchain education. 558 Total views 13 Total shares Blockchain infrastructure company Parity Technologies has joined forces with the University of California, Berkeley to strengthen the institution’s blockchain curriculum and promote adoption among students and the community. For the 2020–21 academic…

Riot Blockchain has published its 2020 financials and revealed it has increased its hashrate by 460%. 1319 Total views 10 Total shares According to its latest annual financial report, leading U.S.-based mining firm Riot Blockchain increased its hashing capacity by 460% and more than doubled the amount of Bitcoin held on its balance sheet in…