Bitcoin and most top cryptocurrencies continued their fall on Sunday amid investor concerns over Chinese regulatory risks. As China has blocked several cryptocurrency-related accounts on Weibo, a popular Twitter-like platform, this weekend, Goldman Sachs Group Inc.’s report warns that institutional adoption of the crypto industry may be a long process. The world’s largest cryptocurrency declined…
Payments company Square is considering creating a non-custodial hardware wallet for Bitcoin, the Square CEO, Jack Dorsey, said on Friday. Usually, cryptocurrency wallets can be stored offline or online at crypto exchanges, desks where Bitcoin can be bought and sold for fiat currencies or other virtual tokens. A non-custodial wallet gives you sole control of…
The president of El Salvador, Nayib Bukele, announced that the country’s government would declare Bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to a multiday conference Miami Bitcoin 2021, the president announced El Salvador’s partnership with Strike, a digital wallet company, to build the country’s modern financial infrastructure using Bitcoin technology….
Anonymous, a decentralized international ‘hacktivism’ movement known for cyber attacks against several governments since 2003, posted a video on Friday addressed to Tesla CEO Elon Musk. In the video, they called Musk “nothing more than another narcissistic rich dude who is desperate for attention” and accused him of “destroying crypto holders’ lives” and attempting to…
The entrepreneur on spending $69m on a non-fungible token artwork and how an avatar helped him circumvent the status quo — Stefania Palma at FT.com. It was almost a decade ago that Vignesh Sundaresan, googling for ways to transfer funds directly between stock brokerage accounts, chanced on an alternative to the conventional banking system. “I…
On Thursday cryptocurrency trading platform Coinbase started listing Dogecoin, the original meme-based asset, on its Pro platform. The exchange will try to surge interest in the cryptocurrency by a $1.2 million giveaway. Coinbase retail users can now sell, buy and store Dogecoin on the exchange, the company said in a blog post. To boost up…