Bitcoin to hit ‘repeated all-time highs’ over next 2 quarters: VanEck

Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term. 1385 Total views 70 Total shares Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments.In a September quarterly filing with the U.S. Securities and…

The U.S. Justice Department has published another report on crypto crime with detailed recommendations for legal reform; it has also formed a network of experts to advise offices. 133 Total views 11 Total shares The United States Department of Justice (DOJ) published its latest report in response to President Joe Biden’s March executive order (EO)…

The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act. 2674 Total views 13 Total shares Huobi Korea, the South Korean arm of the world’s second-largest cryptocurrency exchange by trading volume, has been certified by a major regulator.According to an announcement on Jan. 18,…

Goldman Sachs-backed crypto startup Circle and crypto exchange and wallet service Coinbase are expanding their consortium behind USD coin (USDC), according to a blog post on June 13.The Centre consortium acts as a platform for deposits and fiat conversions for Circle’s own cryptocurrency, a United States dollar-backed digital token.Having launched USD coin back in September…

The iFinex–Tether market manipulation lawsuit continues. Last week, Judge Katherine Failla of the Southern District of New York selected Roche Cyrulnik Freedman as interim lead plaintiff counsel, and four civil actions were consolidated into a single class action: Leibowitz v. iFinex Inc. In the complaints, iFinex’s subsidiary, Bitfinex, and related stablecoin Tether (USDT) are charged with…

Money from cryptocurrency advocates could play a role in the 2024 election cycle, so why does the Stand With Crypto PAC seem to be obfuscating its numbers?

A crypto lender offering instant loans in more than 45 fiat currencies says it has amassed more than 170,000 users — with $300 million processed over a seven-month period.Nexo enables consumers to deposit their crypto assets into a secure wallet and instantly access a flexible credit line via automated approval and without the need for…

The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.