Czech president signs ‘landmark’ crypto bill: CKMA
Czechia’s new crypto legislation aligns with the broader EU Markets in Crypto-Assets requirements, which were fully implemented on Dec. 30.
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Yield-bearing stablecoins could kill banking — US Senator Gillibrand
The New York lawmaker said stablecoin issuers should not be protected by the Federal Deposit Insurance Corporation because they are not banks. 359 Total views 1 Total shares Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand

Before ETH drops further, set some money aside for surprise taxes
Ethereum’s Merge dominated the crypto world in September with promises of quicker transaction times, improved security and a 99% reduction in energy consumption. However, will you end up with a surprise tax bill too? Let’s examine.During the Merge event, the Ethereum mainnet — the then current proof-of-work (PoW) blockchain — merged with the proof-of-stake (PoS)…

Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger
"I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth," said the billionaire. 2898 Total views 20 Total shares Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on…

BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market
Continued investments from BlackRock’s ETF may provide “structural support” for Bitcoin’s price appreciation, market analysts told Cointelegraph. 739 Total views 2 Total shares BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing “structural support” for Bitcoin’s price appreciation, according to market

Chainalysis raises $100M in Series E funding led by Coatue
Chainalysis has secured hundreds of millions of dollars in the second quarter as venture firms allocate more resources to the emerging blockchain sector. 422 Total views 4 Total shares Blockchain analytics company Chainalysis has secured $100 million in Series E financing, bringing its total valuation to a staggering $4.2 billion and highlighting once again the…

Auction House Christie’s Trials Blockchain Data Recording in New Partnership
Christie’s, the auction house with a history going back over 250 years, has announced a pilot scheme to use blockchain for auction data.The result of a partnership with blockchain art startup Artory that was revealed Thursday, Oct. 11, the Christie’s will use the technology to provide details and certificates of purchases to buyers.The plans, it…

MELD’s $1B ISPO highlights emerging use cases for Cardano, crypto fundraising
DeFi banking protocol MELD recently made headlines for attracting more than $1 billion worth of staked Cardano (ADA) to its protocol through a novel funding mechanism called an initial stake pool offering, or ISPO, marking an important innovation in how early adopters support blockchain startups. Cointelegraph had the opportunity to connect with MELD CEO Ken…

Silvergate Bank issues $100M credit line to mining firm Marathon Digital
"We remain optimistic that we are well positioned to scale our hash rate to 13.3 EH/s by the middle of 2022,” said Marathon Digital CEO Fred Thiel. 482 Total views 3 Total shares Marathon Digital Holdings, a United States-based crypto mining company, has secured a $100 million revolving line of credit with Silvergate Bank using…