As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than…
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet.…
Bank of Korea to Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving…
Lawsuit Claims Onecoin’s ‘Cryptoqueen’ Ruja Ignatova Holds 230,000 Bitcoin
One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the “Cryptoqueen,” allegedly owns…
The Aspiring Answers to Bitcoin’s Enormous Energy Footprint
Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry…
State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies
The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access…
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association,…
Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
Cross border remittances into Zimbabwe surged to billion in 2020, more than a 36% increase from the 6m that was…
Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing…
SEC to Scrutinize Funds Invested in Bitcoin Futures
The U.S. securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify…