Sun, November 23

Bitcoin Mining Firm Compute North Files Bankruptcy

Back in April, the firm said that work had begun on a Granbury, Texas, co-location plant. Compute North has at least 200 creditors who are owed a total of almost $500 million. Cryptocurrency startups have had a rough winter. It has impacted the day-to-day operations of some organizations by creating

September 23, 2022 2 mins read

DBS Bank Expands Crypto Services Access to Customers

The DBS Digital Exchange, a platform for members exclusively, has increased its crypto trading service access. The bank announced the growth on Friday, citing an increase in the number of customers. Who choose self-directed investing strategies as the reason for the move. Assuming a minimum commitment of $500, this service

September 23, 2022 1 min read

United Kingdom Proposes Bill For Easy Crypto Seizures

 In June, the Met was able to confiscate a total of $158.0 million. Particularly enthusiastic about crypto adoption was the previous British government. To combat cybercrime, money laundering, and “foreign kleptocrats,” the Economic Crime and Corporate Transparency Bill was tabled in the United Kingdom’s parliament on Wednesday to strengthen police

September 23, 2022 1 min read

Russia To Legalize Crypto For Cross Border Payments

The Russian Ministry of Finance and its central bank have agreed on a proposed law. Crypto mining should be restricted to areas with plenty of available electricity. According to a report from the Russian news agency Tass. The Russian Ministry of Finance and its central bank have agreed on a

September 22, 2022 2 mins read

Japanese Investment Bank Nomura Launches Crypto Investment Arm

The Nomura Holdings, a behemoth of the Japanese investment banking industry, has announced its entry into the cryptocurrency market. With a flurry of “new services and product lines” expected to debut over the next several months. Nomura is not just one of Japan’s oldest but also one of its biggest

September 22, 2022 2 mins read

All Eyes on U.S Federal Reserve Over Interest Rate Hike

Macro concern keeps the Bitcoin price below the $20,000 mark. Wall Street anticipates a rate rise of 75 basis points from the Federal Reserve this month. The U.S. Federal Reserve is expected to raise interest rates by 75 basis points during today’s FOMC meeting (September 21). As the Federal Reserve

September 21, 2022 1 min read

Dubai Royal Family Joins With CoinCorner Platform

The recent partnership will promote Bitcoin transactions across the UAE. CoinCorner will be able to expand its activities throughout the Middle East. CoinCorner, a UK-based Bitcoin and Lightning Network services, has recently partnered with Seed Group, a company run by the royal family of Dubai, to speed up Bitcoin transactions

September 21, 2022 2 mins read

Nasdaq Reportedly Forays Into Crypto Custody Services

It has reported that Nasdaq Inc., the second biggest stock exchange, is looking to begin offering cryptocurrency custody services. The effort to join the crypto custody business is reportedly waiting on regulatory permission at this time. As part of its expansion, Nasdaq is forming a new company called Nasdaq Digital

September 20, 2022 2 mins read

MicroStrategy Adds 301 Bitcoin (BTC) Worth Around $6 Million

Michael Saylor, founder of MicroStrategy, recently tweeted about buying 301 Bitcoin. As of September 19th, 2022, the company has 130,000 bitcoin in storage. The recent drop of Bitcoin (BTC) to a low of $19K has been devastating for many people. But it seemed like the bear market was good for

September 20, 2022 1 min read

U.S DOJ Sentences Promoter of Bitconnect to 38 Months in Prison

On Friday, the U.S. Department of Justice (DOJ) said that a Los Angeles man had been given “38­ months in prison for his participation in Bitconnect.” Justice Department officials called Bitconnect a “massive fraudulent cryptocurrency investment scheme.” Typical Ponzi Scheme According to court records, 44-year-old Glenn Arcaro plotted with others

September 20, 2022 1 min read
Little Pepe