Utah takes the lead in potentially enacting a Bitcoin reserve bill

Gemini organized a record-breaking drone show featuring a massive Bitcoin logo to celebrate the US Strategic Bitcoin Reserve. 1835 Total views 1 Total shares Cryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol. The

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds. 352 Total views 31 Total shares Crypto exchange Binance has recovered a big part of the funds from the recent hack that targeted the decentralized finance (DeFi) protocol Curve Finance. In a tweet, Binance CEO Changpeng…

If Facebook happened to be a human being, where would he/she/they currently be? Most likely in prison… for a very long time. The company’s transgressions are too numerous to list. But Facebook is not human; it’s a company, and a very profitable one, at that. In fact, it’s now one of the most profitable companies…

Hong Kong-based money transfer platform Bitspark has launched what is reportedly the first stablecoin pegged to the Hong Kong dollar (HKD), local tech and finance news outlet Fintech Hong Kong reports Jan. 29.Bitspark, which has positioned itself as a platform where stablecoins form the medium of value transfer, launched the Sparkdex.HKD stablecoin as a feature…

The future president reportedly said that cryptocurrencies “deserved the attention of authorities,” calling for Brazil’s central bank to create a framework for digital assets. 276 Total views 3 Total shares In a close race with outgoing Brazilian President Jair Bolsonaro, Luiz Inácio Lula da Silva, also known simply as “Lula,” won the country’s presidential election…

Cryptocurrency was invented and designed to provide numerous benefits for global private and institutional clients, to free people from the burden of banking systems and to create a new financial ecosystem. The underlying technology, blockchain, can indeed be considered one of the most significant technological advancements of the 21st century, as it provided the groundwork to…

Digital asset markets were on a parabolic surge until investor confidence took a major hit to close out the week with a bearish tilt due to a perfect storm of negativity.Before reading the rundown, catch up on the most-read stories centered around the price of Bitcoin, the macroeconomic picture and the DeFi phenomenon gaining traction. Bitcoin…

This latest raise brings Kyash's valuation to approximately $107.7 million. 417 Total views 31 Total shares Kyash, a Tokyo-based digital wallet, announced a $41.2 million, or 4.9 billion yen, raise in a Series D round. Since launching in 2015, the cashless mobile app and corresponding credit card have grown its total funding to an estimated…

Love it or leave it, New York State has been a force in crypto regulation. Ten years ago, the state created the United States’ first comprehensive regulatory framework for firms dealing in cryptocurrencies, including key consumer protection, anti-money laundering compliance and cybersecurity guidelines. In September 2015, the New York Department of Financial Services (NYDFS) issued