Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment – Bitcoin News

Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that...

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SynFutures launches Bitcoin (BTC) hash rate futures contract » CryptoNinjas

​​​​​SynFutures, a decentralized derivatives exchange, has announced it will launch Bitcoin (BTC) hash rate futures, a derivative that enables trading on an important risk factor affecting the return on mining Bitcoin. Starting today, users of SynFutures can begin trading...

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Three US States Going After BlockFi In Regulatory Crackdown

New Jersey, Texas, and Alabama have individual state regulators issuing concerns that New Jersey-based DeFi firm, BlockFi, is offering unregistered securities. Regulators seem to particularly point to BlockFi’s Interest Account (BIA), which offers rates that consumers are now becoming...

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Crypto Companies Establish Presence, Hire Talent in Ireland – Finance Bitcoin News

With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state...

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Finding the sweet spot: Traditional financial institutions ready for DeFi

Cryptocurrencies have been vying for the attention of large institutional investors for years and they’re finally getting the attention they wanted. Blockchain networks and their consensus mechanisms never made sense to the traditional investor, but decentralized finance, or DeFi?...

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Blockchain title platform Ubitquity launches SmartEscrow.us to buy real estate with crypto

Ubitquity, an enterprise blockchain-secured platform for real estate and title recordkeeping, today announced that it has officially launched its SmartEscrow.us website for the United States markets. “SmartEscrow is a game-changer for buyers who want to purchase real estate with their...

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