The chief investment officer of the world’s largest asset manager, Blackrock, says he could see bitcoin going up significantly. “I like assets that are volatile that have upside convexity,” he said. Blackrock CIO Sees Significant Upside to Bitcoin Rick Rieder, Blackrock’s chief investment officer (CIO) of Global Fixed Income, was asked Friday in an interview …
Tag archives: AMP
PSG goes deeper into crypto, signs multiyear sponsorship deal with Crypto.com
In what is the latest in a series of moves indicating that the French side, Paris Saint-Germain’s embracement of Crypto has reached a deeper level, the club has signed a multi-year agreement with Crypto.com. PSG and Crypto.com new partnership The deal between PSG, a foremost European club, and Crypto.com, one of the world’s fastest-growing crypto …
Continue reading “PSG goes deeper into crypto, signs multiyear sponsorship deal with Crypto.com”
SEC opposes Ripple XRP request relating to controversial Howey test.
In its recent filing, the US Securities and Exchange Commission (SEC) opposed the request made by Ripple and its co-founder Chris Larsen to answer interrogatories regarding the agency’s application of the Howey test for determining the status of XRP. Just recently, the SEC opposed Ripple’s request to disclose employees’ crypto holdings to produce documentation regarding …
Continue reading “SEC opposes Ripple XRP request relating to controversial Howey test.”
US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’
The U.S. Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent years. SEC Warns Investors of Crypto Scams The U.S. Securities and Exchange Commission’s Office …
During September DBX Will Be Listed on the World’s Major Crypto Exchanges
press release PRESS RELEASE. TALLIN, ESTONIA -The most interesting event of this fall is the listing of DBX tokens, that will be available around the world at the beginning of the season. The long-awaited listing of DBX will take place on 7 of the world’s most famous exchanges. The good news is that you can …
Continue reading “During September DBX Will Be Listed on the World’s Major Crypto Exchanges”
Hip Hop Star Ja Rule Discusses the Growing NFT Space and Crypto — ‘I Like the Fact That Bitcoin Is Decentralized’
The non-fungible token (NFT) industry has exploded in 2021 as millions of dollars worth of cryptocurrencies continue to be traded for these blockchain collectibles every single day. This week, Bitcoin.com News chatted with the popular American rapper Ja Rule about NFTs as he has partnered with James Cropcho and Robert Testagrossa to build a marketplace …
Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility Confiscates More Than 216,000 Mining Units From Unlicensed Miners in Iran Preventing blackouts remains …
Continue reading “Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300”
SafeMoon CTO resigns, fueling rumors of disquiet within the company
Divisive token SafeMoon receives a further blow after its CTO, Hank Wyatt, announced he’s leaving the project. In a tweet posted on Thursday, Wyatt said it was a difficult decision to make. But failed to give details on the circumstances surrounding his departure. This has only fueled speculation about unrest within the company. Leaving my …
Continue reading “SafeMoon CTO resigns, fueling rumors of disquiet within the company”
Algorand Foundation Launches $300 Million Fund to Support DeFi Innovation
Algorand Foundation, an organization dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open-source software, today announced the Viridis DeFi Program, a 150 million Algo (worth approximately $300 million USD today) fund to support DeFi innovation on the Algorand network. The fund will fuel the growth of decentralized exchanges, …
Continue reading “Algorand Foundation Launches $300 Million Fund to Support DeFi Innovation”
SIX Swiss Exchange Receives Regulatory Approval to Launch Digital Asset Bourse
Switzerland’s stock exchange SIX has won regulatory approval to launch its long-awaited bourse for digital assets. This authorization enables the exchange “to go live with a fully regulated, integrated trading, settlement, and custody infrastructure based on distributed ledger technology for digital securities.” SIX Digital Exchange Greenlighted to Launch SIX Digital Exchange (SDX) announced Friday that …
Continue reading “SIX Swiss Exchange Receives Regulatory Approval to Launch Digital Asset Bourse”
$30 Million Crypto Scheme’s Leader Pleads Guilty, Facing up to 20 Years in Prison
The leader of a cryptocurrency scheme that swindled over $30 million from investors has pleaded guilty to fraud, the U.S. Department of Justice (DOJ) said. He now faces a maximum sentence of 20 years in prison. Leader of $30M Crypto Scheme Pleads Guilty to Fraud The U.S. Department of Justice (DOJ) announced Wednesday that Michael …
Continue reading “$30 Million Crypto Scheme’s Leader Pleads Guilty, Facing up to 20 Years in Prison”
India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take up the crypto bill. However, the country’s central bank, the Reserve Bank of India …
Continue reading “India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency”
Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs
On Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include individual crypto asset products such as the bitcoin cash trust, the litecoin …
Continue reading “Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs”
Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid
Law enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted millions of dollars to the pyramid. The now collapsed Finiko lured investors from a number of countries in the post-Soviet space and around the world, …
Continue reading “Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid”
Localcryptos P2P Market Adds Support for Bitcoin Cash
Localcryptos, the noncustodial P2P cryptocurrency market, has added bitcoin cash to its platform. This is the fifth cryptocurrency the platform has taken on for P2P transactions after having rebranded from Localethereum. The market will leverage the OP_CHECKDATASIG opcode, which presents some advantages. Also, users from Bitcoin.com Local will be able to migrate their reputation to …
Continue reading “Localcryptos P2P Market Adds Support for Bitcoin Cash”