Spanish citizen Alejandro Cao de Benos and British citizen Christopher Emms have become defendants in a case involving former Ethereum Foundation researcher Virgil Griffith. About it says in a press release from the US Department of Justice. The foreigners allegedly colluded with the developer to provide the North Korean authorities with information about the possibilities of...
Fidelity Investments plans to provide customers with the ability to accumulate bitcoins in 401(k) retirement savings accounts with the consent of their employers. Writes about it The Wall Street Journal. This summer, the option will become available to employees of the 23,000 companies that use Fidelity to manage their $2.7 trillion in retirement plans. The management fee...
By the end of 2022, the price of bitcoin will be $65,185. Such a forecast was given by fintech experts interviewed Finder. Experts predicted further growth in digital gold quotes. According to them, on December 31, 2025, Bitcoin will cost $179,280, and at the end of 2030 - $420,240. Data: Finder. Just over two-thirds of the group members...
Uno Re, a decentralized insurance platform, has launched a coverage portal that allows DeFi users to immediately insure their crypto assets, according to a press release. The company said it was meeting the need for the DeFi space — affordable insurance amid the possibility of hacker attacks — which increased several times over the previous year...
With a new operating license in the United Arab Emirates, Kraken aims to provide access to global liquidity to local investors through AED trading pairs. California -based crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in Abu Dhabi's international financial center and free zone, Abu Dhabi Global...
Leading banks in India have asked the National Payments Corporation of India (NPCI) to issue a formal directive explaining the restrictions on money transfers using the Unified Payments Interface (UPI) for trading virtual digital assets. According to a report by the Economic Times of India, Indian banks recently received "verbal instructions" from the NPCI to block...
An innovative strategy for buying and holding bitcoin will provide software provider MicroStrategy with a “bright future” for the coming years. Michael Saylor, CEO of the company, stated this in letter shareholders accompanying the annual report. “In 2020, we took bold steps to protect the company, our people, and preserve shareholder value in the face of...
Creating a cross-chain bridge between the Dogecoin and Ethereum blockchains will add practical value to the meme-cryptocurrency. This opinion was expressed by its co-founder Billy Markus. things that add utility to #dogecoin: 1) businesses accepting doge - the more it can be used as a currency, the better 2) using doge as a tipping currency - the most pure use...
Futures approval of bitcoin-ETF by Teucrium is the basis for a similar decision on Grayscale's conversion application GBTC to an exchange-traded fund. The company made the announcement in a letter to SECwrites The Block. "[…] there is no reason to consider spot bitcoin products differently than bitcoin-based futures products.”the document says. In early April, the SEC approved...
Businesses will turn to cryptocurrencies as a neutral financial instrument due to rising geopolitical tensions. Such an opinion expressed Binance CEO Changpeng Zhao. In The Money Movement podcast with Circle CEO Jeremy Allaire, he noted that the world is becoming more fragmented, and the US is using the dollar for sanctions pressure. “Money is a very powerful...
