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...
The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.” According to IMF marketing department financial counsellor and director Tobias Adrian and legal department general counsel...
Is the Internet Computer (ICP) coin a good investment? People are feverishly investing in cryptocurrency, and they are delighted with the profits they are receiving. As a result, it is presently one of the most popular investment methods among...
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...
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...
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...
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?...
BuyUCoin #cryptoweek Team Trading Competition BuyUCoin Team Coordination in Trading Competition Dear Valued Customers, The BuyUcoin team trading competition is about to kick off. The specific rules are as follows: Introduction Schedule: Trading competition: July 26 — July 31,...
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...
A series of attacks compromised several Binance Smart Chain (BSC) projects in May. Following PancakeBunny, its three forks projects — AutoShark, Merlin Labs, and PancakeHunny — were also attacked using similar techniques. PancakeBunny suffered the most costly attack of...