Russian Court Bans Websites Explaining How to Trade Bitcoin

A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. Kungur City Court Blocks Crypto-Related Sites The Kungur …

BarterTrade V2 Launches With Advanced Social Trading, Auto KYC and Institutional Grade Liquidity

BarterTrade, is a cryptocurrency trading ecosystem that upgraded to more advanced V2 on 6th May, 2021, implementing significant benefits and new features for traders. Understanding crypto traders’ needs is a key ingredient of the relaunch, which includes features such as a 0% trading fee, institutional liquidity, auto KYC and a new customer support. Bartering or …

New Player on the Market, TecraCoin – a Cryptocurrency That Tolerates Market Fluctuation

The crypto market is busier than ever. More and more tokens and cryptocurrencies are flooding the exchanges and it’s getting difficult to recognize the best trading opportunities. The majority of tokens and altcoins available on the market fail to represent any real value. A new cryptocurrency that will soon be listed on the new CEX …

Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi

On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi The financial services company State Street (NYSE: STT) offers a wide array of products like …

Zcash (ZEC) and Monero (XMR) Firm Despite Regulatory Concerns – Buy Privacy Coins?

The prices of major privacy coins such as Zcash (ZEC) and Monero (XMR) increased recently despite regulatory agency concerns. While the community might expect these coins to plunge with the FBI’s activities and investigations into nefarious activities, both coins surging. Privacy coins are unique and popular for ensuring the anonymity of users’ transactions. Both Zcash …

Mythical Games raises $75M to speed up NFT gaming

The blockchain-based game developer is currently working on an open-world multiplayer game with playable NFTs. Los Angeles-based NFT games developer Mythical Games announced a $75 million Series B financing with new and existing investors. The company plans to use the fund to popularize ownership in games through playable nonfungible tokens (NFTs). The funding round was …

Texas regulator allows state-chartered banks to hold Bitcoin

The Texas House of Representatives passed a bill to recognize cryptocurrencies under commercial law last month. A Texas state regulator has officially affirmed that Texas state-chartered banks are allowed to store cryptocurrencies like Bitcoin (BTC) for their customers. The Texas Department of Banking, a state regulatory agency chartering state banks and supervising financial services, issued a …

Jack Dorsey says he will integrate Lightning Network into Twitter or BlueSky

Earlier this month, Dorsey revealed that Square intends to develop an open-source non-custodial Bitcoin hardware wallet. Jack Dorsey, the co-founder of social media network Twitter and financial services company Square, has confirmed he is planning to integrate Bitcoin’s Lightning Network sidechain with at least one of his businesses. On June 11, Dorsey responded to a …

DJ David Guetta puts luxury Miami pad up for sale, will accept 38 Bitcoin for it

David Guetta is selling his $14 million Miami beachfront apartment, and will accept payments in Bitcoin and Ethereum. Renowned French DJ David Guetta has put his luxury apartment on Miami Beach up for sale and will accept payments in Bitcoin and Ethereum. The three-bedroom 2528 square foot beachfront property is on the 37th floor of …

Ethereum Classic (ETC) To Undergo Magneto Hard-fork around July 21st

Ethereum Classic’s Magneto Hard-fork will happen at block 13,189,133 The Ethereum Classic upgrade is estimated to occur on July 21st ETC’s Magneto upgrade will implement ECIP1103 alongside Ethereum’s Berlin upgrade components The Ethereum Classic (ETC) Network will undergo a network upgrade around the 21st of July. The upgrade, dubbed Magneto, will happen at block 13,189,133 …

SEC warns investors of the risks with Bitcoin futures

The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” The U.S. Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading — citing market volatility, a lack of regulation and fraud to name a few issues. …

Bitcoin Mining Council unveils details, confirms Elon Musk has ‘no role’

MicroStrategy boss Michael Saylor heads up the group which aims to foster Bitcoin education. The Bitcoin Mining Council made a formal debut on Thursday as the debate regarding the environmental impact of the digital asset intensifies. The Bitcoin Mining Council describes itself as a “voluntary and open forum of Bitcoin miners committed to the network …

Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners

Xinjiang crypto miners forced to shut down, Antpool hash rates drop by 30%, and Baidu and Weibo try to scrub crypto players from their platforms. This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise …

New report: El Salvador Bitcoin pump failed to attract smart money, for now

Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod. Bitcoin (BTC) logged its best daily performance on Wednesday since Feb. 8, the day Tesla announced that it had added $1.5 billion worth of BTC to its balance sheet. The flagship cryptocurrency surged …

Ultra-Exclusive Surfside Penthouse in Miami Sells for $22 Million in an All-Crypto Deal

On May 27, the state of Florida saw one of the largest real estate sales in cryptocurrency, as a Miami Beach ultra-exclusive luxury penthouse was sold for over $22 million. The penthouse located on the ninth floor of the 12-story building offers 5,067 square feet of space and a 2,960-square-foot terrace with oceanfront views. One …

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