The Senate Banking, Housing and Urban Development Committee included a provision temporarily preventing the Federal Reserve from issuing a central bank digital currency in its bipartisan bill to boost housing in the U.S. The “21st Century ROAD to Housing Act,” introduced Monday by Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, the top Republican […]
US Senate housing bill includes CBDC ban Read More »
Strategy (MSTR), the world’s largest publicly traded bitcoin holder, expanded its position last week by acquiring 3,015 BTC for approximately $204.1 million, or an average price of $67,700 each. Bitcoin is trading at $66,000 Monday morning, with MSTR shares flat in early action. To fund the acquisitions, Strategy raised about $229.9 million through the sale
Michael Saylor’s MSTR added 3,015 BTC for $204.1 million Read More »
PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S. initial public offering, Reuters reported on Monday. The Tokyo-based company and a selling shareholder plan to offer 55 million American Depositary Shares at a price between $17 and $20
Crypto outflows from Iran’s largest exchange surged 700% within minutes of the first US-Israeli airstrikes on Tehran, blockchain analytics firm Elliptic said in a Monday blog post. Elliptic said transaction volume exiting Nobitex increased almost immediately after the strikes, suggesting a rush to move funds offshore. Initial blockchain tracking indicates that the crypto was sent
Iranian Crypto Outflows Jump 700% Minutes After Airstrikes, Elliptic Says Read More »
Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, reported fourth-quarter revenue of $79.8 million for the period ended Dec. 31, compared with $94.93 million a year earlier. Consensus forecasts were for revenue of $122.08 million, according to LSEG data. The company had a loss of USD 0.42 per per share, against expectations of
Core Scientific falls after Q4 results disappoint Read More »
Techemynt launches tokenized gold and silver bullion in New Zealand
Techemynt launches tokenized gold and silver bullion in New Zealand Read More »
Qivalis, the group of EU banks developing a MiCA-compliant euro stablecoin, is in advanced discussions with crypto exchanges, market makers and liquidity providers as it prepares to roll out in the second half of this year, Spanish daily Cinco Días reported on Monday. The group, which includes ING, UniCredit, BNP Paribas, CaixaBank and BBVA, wants
Qivalis in talks with crypto exchanges ahead of euro stablecoin launch Read More »
After plunging over the weekend as the US began attacks against Iran, bitcoin BTC$69,062.02 shot higher on Monday, at one point approaching $70,000 before pulling back to the current $69,000. While any rally in bitcoin is welcomed by the bulls, today’s move comes after a relentless months-long slide that has halved the price and weighed
BTC’s jump to $69,000 likely a result of short covering Read More »
If you break down what stands in the way of advancing the crypto sector’s top goal in Washington — Clarity Act legislation — the part of the debate that the industry can control is narrow: stablecoin rewards. It’s not the only issue that could potentially derail the bill to finally establish a tailored legal foundation
Vitalik Buterin turns his attention to a part of Ethereum that most users never think about, but that has quietly become one of its biggest pressure points: who gets to decide which transactions go into a block. In a new blog post on Monday, the Ethereum co-founder lays out a series of ideas aimed at
Vitalik Buterin unveils the plan to curb the block builder’s centralization Read More »
