California revokes BlockFi’s lending license 2 years after bankruptcy

Warren Buffett and Berkshire Hathaway remain reluctant in spending its $137 billion cash pile. Their cautious stance towards the abrupt recovery of the U.S. stock market may spoil the recent Bitcoin (BTC) rally.The top-ranked cryptocurrency by market capitalization has long broken out of its short-term correlation with the U.S. stock market. But, a potential equities…

“That only shocks you if you don’t know Sam,” says author Michael Lewis regarding the revelation in his new book about Sam Bankman-Fried. 551 Total views 6 Total shares Former FTX CEO Sam Bankman-Fried once looked into paying Donald Trump not to run for United States president, according to Michael Lewis, the author of a

“We need to be a leader in FinTech,” said State Senator Mike Flood. 1653 Total views 11 Total shares A Nebraska state senator has proposed new crypto-friendly legislation which could see his state become the next regulatory safe haven for FinTech firms.Sworn in just two weeks ago, Republican Mike Flood today introduced the Transactions in…

Signal has published user feedback from its beta integration with Mobilecoin, which saw users complain about the volatility and transaction fees related to MOB. 1203 Total views 19 Total shares Privacy-focused messenger app Signal has posted early user feedback from the UK-based beta launch of its payments integration with Mobilecoin’s MOB token. A blog post…

Cardano (ADA) has seen its value increase by around 50% since May 25. This recent value hike comes in the wake of project co-founder Charles Hoskinson revealing the roadmap for Cardano’s much-hyped “Shelley” upgrade via a YouTube podcast hosted by crypto pundit Lark Davis, also known as Cryptolark.As part of the aforementioned upgrade, the Cardano…

The Vasil hard fork was originally scheduled to go live in June, but teams behind the Cardano blockchain development have prioritized a smooth network transition. 476 Total views 3 Total shares After failing to go live last month, the Cardano Vasil hard fork is delayed again as teams behind the Cardano blockchain development target a smooth…

Bitcoin (BTC) eyed key resistance near $25,000 on March 14 as markets awaited key economic data from the United States.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewHopes CPI will bring Bitcoin "consolidation"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making monthly highs of $24,917 on Bitstamp overnight.The pair remained buoyant after the impact of multiple…

Switzerland’s national bank should work with large industry players to develop a Swiss franc token, according to a report by the Avenir Suisse think tank on June 4.Avenir Suisse is an independent privately funded think tank, with a yearly budget of reportedly 5 million Swiss francs ($5 million).Despite the opportunities that distributed ledger technology (DLT) is…

Crypto securities company Curv has partnered with insurance company Munich Re to obtain $50 million in coverage, according to a Curv press release on May 10.This new insurance is designed to cover any cases in which a bad actor was able to gain access to either Curv or the customer’s shares, both of which would…