DeFi on Bitcoin: Jack Dorsey launches new Square division to make it ‘easy’
Square CEO Jack Dorsey has stated that the firm is building a new division that will focus on building decentralized...
Month: July 2021
PayPal increases crypto purchase limits to $100K
Payment provider company PayPal now allows U.S.-based users to purchase up to $100,000 in crypto weekly. In a Thursday announcement,...
3 altcoins showing signs of accumulation while Bitcoin price is down
Crypto markets faced another day of struggle on July 15 as the price of Bitcoin (BTC) dropped to its "final...
Rep Tom Emmer introduces bill to provide certainty for digital assets
U.S. congressional representatives introduced a bipartisan bill on July 15 with the goal of providing a clear definition of assets,...
The FBI issues warning to cryptocurrency users over growing threat of cybercrime
Several mainstream outlets are pushing the narrative that cryptocurrency is facing a new wave of cybercrime. According to Forbes, this...
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations...
University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%
After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had...
New York Giants’ Saquon Barkley Plans to Convert Endorsement Revenue to Bitcoin
Another pro athlete in the National Football League (NFL) is planning to convert some of his earnings into bitcoin. The...
Compass Mining Partners With Oklo to Power Bitcoin Mining Operations With Advanced Fission
Bitcoin mining firm Compass Mining announced the company has entered a 20-year partnership with Oklo Inc., a California-based firm that...
Brazil Green Lights First Ethereum ETF in Latin America
The Brazilian Securities Commission (CVM) just approved an exchange-traded fund (ETF) that tracks the performance of Ethereum (ETH). Blockchain investment...
Dogecoin Creator Sparks Viral Tweetstorm, Says Crypto Facilitates Dangerous ‘Free for All’ Capitalism
The co-creator of meme cryptocurrency Dogecoin (DOGE) is calling out the entire crypto space as a social ill. In a...
Grayscale Teams Up With Banking Giant BNY Mellon in Bid for Bitcoin ETF
Crypto investment giant Grayscale is teaming up with the Bank of New York Mellon Corporation (BNY Mellon) as it awaits...
Unifi Protocol Creates a Combination of DeFi and Blockchain Staking With Acquisition of Multi-Chain Staking Provider
July 15, 2021 – Singapore, Singapore Unifi Protocol is proud to be the first DeFi platform to create a blended ecosystem...
DoubleLine CEO sees Bitcoin buy moment at $23K, predicts US dollar will drop ‘pretty substantially’
Jeffrey Gundlach, the CEO of investment management firm DoubleLine, implied that Bitcoin could see more favorable activity in the long...
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in...
